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68860 Foley Drive, 29 Palms, CA 92277

$195K0bd · 1ba
Lot 217,800 sqft•Single Family Residence•
Active
•20d on market•MLS# 00-26995901

Property Description

Exceptional opportunity to acquire a legally converted Single Family Residence, formerly a cabin, situated on 5 acres (217,800 sq. ft.) in the highly sought after Desert Heights area, complete with public water. The owner has already completed the legal conversion process, saving the next owner the time, expense, and effort involved in transforming a cabin into a permitted single family residence. Public water with a working meter on a 5-acre parcel is a rare and highly valuable feature in this location. No need to haul water, maintain storage tanks, or worry about well failure or contamination. SHORT-TERM RENTAL POTENTIAL: With the property now legally designated as a Single Family Residence, it may qualify for use as an Airbnb or other short-term vacation rental, subject to San Bernardino County's eligibility requirements, permitting, and approval. This presents an opportunity for buyers interested in vacation rental income, particularly given the property's proximity to Joshua Tree National Park. Buyer to independently verify short-term rental eligibility, applicable regulations, and permit requirements with San Bernardino County. Enjoy privacy and open desert surroundings while remaining just minutes from shops, restaurants, and the vibrant Joshua Tree community. Approximately 17 minutes (14.3 miles) to the West Entrance of Joshua Tree National Park and 22 minutes (15.6 miles) to the North Entrance. The park attracts over 3 million visitors annually. The fully remodeled home is approximately 200 sq. ft. and will be delivered with a Certificate of Occupancy. Features include a kitchen, bathroom, tile flooring throughout, and a permitted new septic system. The property operates on solar power and includes a small tri-fuel backup generator. An electrical post is located at the corner of Los Olivos Ave. and Foley Dr. Buyer to investigate the feasibility and cost of connecting to public electricity. A small detached shed is located on the property. There may be potential to split the lot into two 2.5-acre parcels, and each parcel may allow up to three structures (buyer to verify). Seller and agent make no representations regarding subdivision or development potential. Buyer to verify all zoning, land use, and development standards with the San Bernardino County Planning Department. For mapping purposes, please copy and paste GPS coordinates 34.189949, -116.160743 into Google Maps.

Features & Amenities

Fee

Property Details

Land Type
Fee
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Wall Furnace
View
Desert, Mountain(s)
Flooring
Tile
City
29 Palms
Zip Code
92277
County
San Bernardino
Listed byReserve Collection Realty, Inc., Corrie Lontoc

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$986.03
Principal & Interest
Loan Amount
$156,000
Total Interest
$198,969
Total Payment Over 30 Years
$354,969
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 0 active · 2 closed

68860 Foley Drive, 29 Palms, CA 92277

29 Palms · Single Family Residence

$195K
Affordable Tier
Beds
0
Baths
1
Sqft
0
Lot
5.00 ac
Year
0
$/Sqft
$0
Pool: No✓
Spa: No✓
View: mountain✓

Listed 7.6% below the median closed sale of $211,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $195K
Total list price
Closed comps
vs closed median $222K
−$27K (−12.2%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (2)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
69601 Old Chisholm Trail29 Palms195511/25/2025421,804217,800$239,900$222,000$1230.935359
2526 Meldora Avenue29 Palms199203/28/20251184079,279$195,000$200,000$2381.0312543
Total: 2 · Average2.51.51,322148,539.5$211,000$211,000$180.5—89
Median1,804$222,000$222,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.