7845 Elwood Street, Joshua Tree, CA 92252
7845 Elwood Street, Joshua Tree, CA 92252
Property Description
Newly Renovated! 126k in the first 10 months, 170k projected revenue year 1! Turn-key Airbnb with huge desert views and no neighbors behind the property, delivering the privacy and scenery that make Joshua Tree so special. Located in a prime area just minutes from downtown, this home captures everything guests look for when visiting the desert. Outdoor amenities are exceptional with a brand-new pool with Pentair heater, spa, cold plunge, pickleball court, firepit, and multiple lounge areas, all positioned to take in sweeping desert views and star-filled nights. Inside, the home features a simple yet elevated desert aesthetic with custom micro-concrete countertops, cabinetry, and new appliances. Large windows frame the surrounding mountains while micro-concrete walls, custom concrete vanities, and showers create a cohesive modern design throughout. A dedicated game room offers a fun contrast to the minimalist interior with arcade games, pool table, poker table, and ping pong. The home includes 4 bedrooms designed for strong guest capacity: 2 king bedrooms, 1 queen bedroom, and a bunk room with 2 full beds and 2 twin beds. Additional upgrades include a new AC unit and water heater. The property is sold fully furnished so the next owner can immediately operate it as a successful short-term rental. Located 10 minutes from Joshua Tree National Park (3M+ annual visitors) and 3 minutes to downtown Joshua Tree.
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Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 3 closed
Joshua Tree · Single Family Residence
Listed 4.5% above the median closed sale of $1,100,000. Price per sqft ($624) is a 32% premium to closed comps ($473). Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 191 days on market.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 7835 Conejo Avenue | Joshua Tree | 2022 | 3 | 3 | 2,395 | 90,169 | $501 | $1.20M | 61 | 71 |
| 61424 Latham Trail | Joshua Tree | 2006 | 4 | 3 | 2,440 | 43,700 | $409 | $999,000 | 13 | 63 |
| 61194 Prescott Trail | Joshua Tree | 1962 | 3 | 4 | 2,834 | 18,000 | $415 | $1.18M | 41 | 57 |
| 62290 Crestview Drive | Joshua Tree | 2024 | 4 | 3 | 2,262 | 18,051 | $455 | $1.03M | 163 | 49 |
| 62398 Cope Lane | Joshua Tree | 2006 | 5 | 3 | 2,592 | 217,800 | $457 | $1.19M | 205 | 49 |
| Total: 5 · Average | 3.8 | 3.2 | 2,504.6 | 77,544 | $447.4 | $1.12M | 96.6 | |||
| Median | 2,440 | $1.18M | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61475 Onaga Trail | Joshua Tree | 1981 | 12/04/2025 | 4 | 3 | 2,142 | 42,932 | $1.09M | $1.05M | $490 | 0.96 | 104 | 72 |
| 62200 Skyline Drive | Joshua Tree | 1999 | 04/13/2026 | 3 | 2 | 2,733 | 709,592 | $1.30M | $1.10M | $402 | 0.85 | 379 | 65 |
| 60323 La Mirada Trail | Joshua Tree | 1960 | 05/21/2026 | 5 | 3 | 2,276 | 18,040 | $1.25M | $1.20M | $527 | 0.96 | 91 | 64 |
| Total: 3 · Average | 4.0 | 2.7 | 2,383.667 | 256,854.667 | $1.12M | $1.12M | $473 | — | 191.33333333333334 | ||||
| Median | 2,276 | $1.10M | $1.10M | ||||||||||
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.