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$449,900

Beds
2
Baths
1.0
sq ft
688

724 Bluegrass Ave, Twentynine Palms, CA 92277

724 Bluegrass Ave

29 Palms, CA 92277

  • 92 days on market
EXCEPTIONAL ONE-OF-A-KIND FULLY REMODELED MID-CENTURY HOME ON 5 ACRES! Phenomenal opportunity to own this charming desert retreat, situated on five expansive acres in the heart of 29 Palms, California. The current owners have invested significantly, transforming the property with thoughtful renovations and modern upgrades. This once-blank canvas has been expertly reimagined into a highly successful short-term rental for those looking to capitalize on the growing demand for desert escapes. Discover breathtaking panoramic views of Joshua Tree National Park and the majestic snow-capped Mount San Gorgonio from this stunning desert retreat. This single-family residence features 2 spacious bedrooms and 1 well-appointed bathroom, all nestled. Adjacent to a picturesque date palm ranch, this property is located in a sparsely developed area that offers an unparalleled sense of peace and tranquility. This home has enjoyed a successful history as a vacation rental and currently holds an active short-term residential rental unit permit from San Bernardino County. Conveniently situated, you'll have easy access to both downtown Joshua Tree and downtown 29 Palms, along with both entrances to the park, making this the perfect location for nature lovers and outdoor enthusiasts alike. Don't miss out on this extraordinary opportunity to own a piece of desert paradise. Whether you're seeking a personal getaway or a lucrative rental property, this desert will exceed your expectation!

Details

Property type

Single Family Residence

Est. home value

$426,357

Lot size

5.0 acres

Price per sq ft

$654

Year built

1956

Price History

10/03/2024
DesertArea

DesertArea #219117253

Listed
$449,900
+21.59%
08/10/2021
CRMLS

CRMLS #JT21068674

Sold
$370,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$88,658
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$325,250
Cash to seller
$88,658

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

Seller’s Loan History

Lender

Evergreen Moneysource Mortgage Co

Loan start date

June 2021

Original loan amount

$351,500

Est. remaining balance

$325,250

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Jennifer Griffey

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?

Status: Active

Tomo last checked: 12/25/2024 at 9:05 PM

Listing updated: 10/04/2024 at 4:09 AM

Listed by: Lowell Fulson, Keller Williams Realty Phone #: (760) 969-1000

MLS: DesertArea #219117253

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