50720 29 Palms Highway, Morongo Valley, CA 92256
50720 29 Palms Highway, Morongo Valley, CA 92256
Property Description
Prime High-Desert Investment Opportunity! Situated on an expansive 5-acre parcel with a private dirt road entrance, this charming 2-bedroom, 2-bathroom high desert property offers exceptional potential for investors, vacation rental enthusiasts, or buyers looking to create their own desert retreat. With ample acreage, a detached 3-car garage, and a fenced yard, there are plenty of possibilities for expansion, customization, and added value. Inside, the home features soaring ceilings, abundant natural light, tile flooring throughout, bay windows, an upgraded kitchen with stainless steel appliances, walk-in closets, and a beautiful rock fireplace. Panoramic views of the San Jacinto Mountains and surrounding desert landscape add to the property's appeal. Outside, the generous lot size could allow for an ADU, guest casita, private office, or additional improvements, subject to county approval. Enjoy having no HOA, and owning the land outright as the property sits on Fee Simple land. Conveniently located near Joshua Tree National Park, Pioneertown, Joshua Tree Coffee, Joshua Tree Saloon, Tiny Pony, The Copper Room, and Red Dog Saloon, this property is ideally positioned to take advantage of the High Desert's popular attractions.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Not Applicable · Morongo Valley · Single Family Residence
Listed in line with the median closed sale of $350,000. Price per sqft ($245) is a 15% discount to closed comps ($289).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 10219 Star | Morongo Valley | 1958 | 2 | 1 | 1,388 | 217,800 | $277 | $385,000 | 53 | 88 |
| 9758 Lanning Lane | Morongo Valley | 1965 | 3 | 2 | 1,516 | 43,560 | $230 | $349,000 | 66 | 74 |
| 9223 Star Trail | Morongo Valley | 1951 | 2 | 2 | 765 | 217,800 | $456 | $349,000 | 46 | 72 |
| 51535 Northridge Road | Morongo Valley | 1952 | 2 | 1 | 1,652 | 108,900 | $197 | $325,000 | 46 | 71 |
| 49624 Oak Drive | Morongo Valley | 1958 | 2 | 1 | 768 | 174,240 | $430 | $329,888 | 17 | 69 |
| Total: 5 · Average | 2.2 | 1.4 | 1,217.8 | 152,460 | $318 | $347,577.6 | 45.6 | |||
| Median | 1,388 | $349,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 50922 Canyon Road | Morongo Valley | 1950 | 05/29/2026 | 3 | 3 | 1,190 | 217,800 | $369,900 | $369,900 | $311 | 1.00 | 61 | 77 |
| 9215 Encelia | Morongo Valley | 1957 | 07/24/2026 | 2 | 2 | 1,000 | 217,800 | $350,000 | $350,000 | $350 | 1.00 | 49 | 77 |
| 9467 Star Trail | Morongo Valley | 1985 | 04/07/2026 | 3 | 2 | 1,434 | 217,800 | $350,000 | $350,000 | $244 | 1.00 | 144 | 73 |
| 51088 Mecca Road | Morongo Valley | 1957 | 04/17/2026 | 3 | 2 | 1,840 | 90,169 | $419,000 | $400,000 | $217 | 0.95 | 86 | 71 |
| 10344 San Gorgonio Avenue | Morongo Valley | 1958 | 07/24/2026 | 2 | 2 | 1,080 | 91,911 | $349,000 | $350,000 | $324 | 1.00 | 30 | 70 |
| Total: 5 · Average | 2.6 | 2.2 | 1,308.8 | 167,096 | $363,980 | $363,980 | $289.2 | — | 74 | ||||
| Median | 1,190 | $350,000 | $350,000 | ||||||||||
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.