61826 Terrace Drive, Joshua Tree, California 92252, Joshua Tree, - bed, bath

home-pic
ACTIVE$399,000
61826 Terrace Drive, Joshua Tree, California 92252
2Beds
1Bath
995Sqft
7,200Lot
Year Built
1959
Close
-
List price
$399K
Original List price
$449K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
JT25026092
Home ConditionGood
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

Back on Top: This noted Airbnb first remodeled by the Smirke design duo We Are In Our Element in 2015 helped set the stylistic tone for vacation rentals in downtown Joshua Tree. Throughout, it has remained a lucrative, well-oiled machine. Improved and updated to include a refined indoor/outdoor living experience, featuring an exterior clawfoot bathtub, firepit, shaded area and hammock circle for stargazing. FULLY FURNISHED and ready to rent. Beautifully realized minimalist remodel updated with permits into an authentic midcentury modern. Stainless steel appliances, oak butcherblock countertops, birch kitchen cabinets, concrete floors, large walk-in shower featuring modern floor-to-ceiling subway tiles, flat-panel interior doors and large single-light glass front door. National Park views from family room and sunroom/den facing large fenced-in backyard. Completely finished, refined, turnkey property awaits your arrival.

Nearby schools

3/10
Joshua Tree Elementary School
Public,K-60.3mi
3/10
La Contenta Middle School
Public,7-83.4mi
4/10
Yucca Valley High School
Public,9-126.5mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (114 Listings)
Beds22
50%
Baths12
36%
Square foot9951,195
28%
Lot Size7,20027,477
7%
Price$399K$375K
62%
Price per square foot$401$310
73%
Built year19591980
20%
HOA
Days on market248201
73%
Condition Rating
Good

The property, built in 1959, was remodeled in 2015. The listing description and images show a modern kitchen with stainless steel appliances, oak butcherblock countertops, and birch cabinets. The bathroom features a walk-in shower with modern subway tiles. The property appears well-maintained and move-in ready, justifying a 'good' condition score.
Pros & Cons

Pros

Proven Airbnb Income: The property has a documented history as a successful and lucrative Airbnb rental, providing immediate income potential for investors.
Turnkey Condition: The property is fully furnished and ready to rent, minimizing upfront costs and allowing for immediate operation as a vacation rental.
Stylish Remodel: The midcentury modern remodel is aesthetically pleasing and well-executed, enhancing the property's appeal to renters and buyers.
Outdoor Amenities: Features like the clawfoot bathtub, firepit, shaded area, and hammock circle create a desirable outdoor living space for guests.
National Park Views: The property offers views of the National Park, a significant draw for tourists and nature enthusiasts.

Cons

Year Built: Built in 1959, the property may have older systems (plumbing, electrical) that could require future upgrades or repairs.
Small Square Footage: At 995 sqft, the property might feel small to some guests, potentially limiting its appeal to larger groups or families.
Price Reduction: The recent price reduction from $449,000 to $399,000 may indicate challenges in the current market or perceived overpricing initially.

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