73422 Homestead Drive, 29 Palms, CA 92277
73422 Homestead Drive, 29 Palms, CA 92277
Property Description
Turn key desert cool mid century property with a strong history of mid term rental performance, offering flexible living and income potential on an approx. 1 acre corner lot while maintaining its original character and charm. The main residence is currently configured into two living spaces: a spacious 3 bedroom, 1 bathroom layout with generous living and dining areas, plus a private 1 bedroom, 1 bathroom unit ideal for guests, extended stays, mid term rental use, or a workspace. The detached garage includes an added bathroom and functions as a studio style third space for additional flexibility and potential rental use. In total, the property lives as 5 bedrooms and 3 bathrooms; square footage and configurations are based on prior records and buyer to verify. Solid masonry construction, clean architectural lines, and a blend of original mid century details with practical updates create a space that feels authentic yet functional. The approx. 1 acre lot offers room for parking, entertaining, or future possibilities, conveniently located near the USMC base, downtown Twentynine Palms, and Joshua Tree National Park. Buyer to verify all income potential, permits, zoning, and intended uses.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
29 Palms · Single Family Residence
Listed 22.5% above the median closed sale of $307,777. Price per sqft ($194) is a 11% premium to closed comps ($175). Closed comps sold at 101% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 69626 Pluto | 29 Palms | 1957 | 5 | 2 | 2,024 | 157,000 | $102 | $207,000 | 133 | 84 |
| 73081 29 Palms | 29 Palms | 1959 | 4 | 3 | 2,138 | 26,450 | $234 | $499,900 | 44 | 83 |
| 73254 El Paseo | 29 Palms | 1958 | 4 | 2 | 2,118 | 29,376 | $179 | $380,000 | 210 | 77 |
| 71817 Samarkand Drive | 29 Palms | 1986 | 4 | 3 | 1,862 | 19,170 | $295 | $549,000 | 61 | 76 |
| 72160 Winters Road | 29 Palms | 1961 | 4 | 4 | 1,720 | 1,160,874 | $521 | $896,000 | 142 | 73 |
| Total: 5 · Average | 4.2 | 2.8 | 1,972.4 | 278,574 | $266.2 | $506,380 | 118 | |||
| Median | 2,024 | $499,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 73138 Sunnyvale | 29 Palms | 1958 | 09/17/2026 | 4 | 3 | 1,780 | 23,700 | $289,900 | $307,777 | $173 | 1.06 | 41 | 79 |
| 72775 Two Mile | 29 Palms | 1987 | 07/09/2026 | 4 | 3 | 2,218 | 28,050 | $340,000 | $335,000 | $151 | 0.98 | 132 | 78 |
| 73863 Siesta Drive | 29 Palms | 1980 | 08/07/2026 | 4 | 2 | 1,988 | 29,250 | $429,000 | $429,000 | $216 | 1.00 | 48 | 71 |
| 72222 Sunnyvale | 29 Palms | 1971 | 09/08/2026 | 4 | 2 | 1,728 | 8,680 | $270,000 | $275,000 | $159 | 1.02 | 239 | 68 |
| 6789 Copper Mountain Road | 29 Palms | 2010 | 09/03/2026 | 4 | 2 | 1,682 | 8,450 | $299,500 | $297,500 | $177 | 0.99 | 90 | 68 |
| Total: 5 · Average | 4.0 | 2.4 | 1,879.2 | 19,626 | $328,855.4 | $328,855.4 | $175.2 | — | 110 | ||||
| Median | 1,780 | $307,777 | $307,777 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.