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$1,750,000

Beds
5
Baths
3.0
sq ft
3,688

66028 Sonora Rd, Joshua Tree, CA 92252

66028 Sonora Rd

Joshua Tree, CA 92252

  • 80 days on market
SKY RANCH SONORA: North Joshua Tree’s most sublime residence. Designed by renowned executive producer and visionary Chris Hanley, whose body-of-work over the last three decades has left an indelible imprint on modern culture – American Psycho & Spring Breakers to name two – in much the same manner that his more recent architectural visions in Joshua Tree have forever altered the Mojave Desert landscape. From The Invisible House to Sky Ranch Sonora and beyond emerge a modern urban design melding into the vast surrounding wilderness to create an unparalleled experience. Presently a permitted, high-grossing, year-round vacation rental, catering to the entertainment industry, the property can also be used as a private estate spread over 5 acres and fully-fenced for security. To the east stands government-owned land providing an additional privacy barrier. Custom pool, spa and sunbathing retreat positioned to gaze across undisturbed desert providing a true year-round indoor/outdoor environment. Wrap around patio perfect for yoga or retreats. Large enclosed private porch on the northside can be used variously as either office headquarters, a winter yoga room or an art, music or writing studio. Turnkey, fully-furnished, including a large collection of collectable original artwork featuring many films and more. In addition, the home is finished with state-of-the-art appliances, including a Nobilia/Leitch German kitchen, complete with Miele cooktop/oven and Bosch refrigerator and dishwasher. Bathrooms feature Duravit. Multi-zone Sonos audio throughout home and outdoors. Tall ceilings and open space lend to the serene interior flow. New solar system for efficient energy usage. Rare sprawling desert compound can accommodate family, guests or entourage. Professionally managed with multiple possible income streams; management can remain in place to facilitate immediate income. One of Joshua Tree’s most desired estates that has remained hidden from the mainstream now available for private viewings.

Details

Property type

Single Family Residence

Est. home value

$1,697,542

Lot size

5.0 acres

Price per sq ft

$475

Year built

1973

Price History

07/01/2024
CRMLS

CRMLS #JT24129505

Listed
$1,750,000
05/05/2022
CRMLS

CRMLS #JT22041943

Sold
$1,750,000
+1650%
03/28/2014
DesertArea

DesertArea #214000202

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Morongo Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$665,636
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$944,364
Cash to seller
$665,636

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

March 2022

Original loan amount

$990,000

Est. remaining balance

$944,364

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Isaac Michan Ovadia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 7:05 PM

Listing updated: 08/13/2024 at 12:46 PM

Listed by: Bryan Wynwood, Joshua Tree Modern Phone #: (760) 808-4806

MLS: CRMLS #JT24129505

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