Nestled amidst the breathtaking desert landscape of 29 Palms, California, lies a diamond in the rough—a property brimming with untapped potential and investment opportunities. Welcome to this charming 1-bedroom, 1-bath abode boasting 700 square feet of living space, situated on a sprawling 5-acre plot of land.
Despite its current state requiring substantial repairs, this property holds the promise of transformation into a lucrative investment venture. The presence of a well on-site not only ensures a reliable water source but also adds to the allure of self-sustainability—a desirable feature for eco-conscious investors or those seeking off-grid living options.
Strategically located in close proximity to renowned tourist destinations such as Joshua Tree and Yucca Valley, this property benefits from the steady influx of visitors year-round. The allure of the nearby Joshua Tree National Park, with its stunning desert vistas and iconic Joshua trees, ensures a constant stream of tourists seeking accommodation options. Additionally, Yucca Valley's vibrant arts scene, eclectic shops, and cultural events provide ample opportunities for attracting both short-term vacationers and long-term renters.
Priced at a mere $100,000, this property presents an irresistible opportunity for the savvy investor. With a vision for revitalization and a keen eye for potential, the possibilities are endless. Whether you're looking to flip for a quick profit, establish a lucrative rental income stream, or delve into the world of vacation rentals, this property serves as a blank canvas awaiting your creative touch.
Imagine transforming this humble dwelling into a charming desert retreat, complete with modern amenities and stylish décor, offering guests a tranquil oasis amidst the rugged beauty of the Mojave Desert. With careful planning and strategic investment, the initial purchase price could pale in comparison to the substantial returns awaiting those bold enough to seize this golden opportunity.
Don't miss your chance to own a piece of California's enchanting desert landscape and unlock the hidden potential of this remarkable property. Embrace the allure of desert living, capitalize on the burgeoning tourism industry, and embark on a journey towards financial prosperity with this investment gem in 29 Palms.
Property Type :
Residential
County :
San Bernardino
Style :
Residential
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ByOwner last updated this listing 05/04/2024 @ 12:16
MLS: IV24082522
LISTED BY: ROBERT WATKINS, RE/MAX TIME REALTY
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
