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79780 Sheri Lane, 29 Palms, CA 92277

$175K1bd · 1ba · 400 sqft
Lot 87,120 sqft•Single Family Residence•
Active
•67d on market•MLS# 219151907

Property Description

WONDER VALLEY DESERT RETREAT | 2 ACRES | MOUNTAIN VIEWS Escape to the beauty and tranquility of Wonder Valley with this charming 400-square-foot single-family home situated on 2 acres, offering desert mountain views and plenty of open space. The home has been nicely upgraded and features high ceilings, new laminate flooring, and fresh interior and exterior paint. The modern kitchen features white cabinetry, while the updated bathroom includes a tiled shower/bath. Enjoy the peaceful desert surroundings from the covered patio, perfect for relaxing and taking in the expansive mountain views. Additional features include a new mini-split AC and heating system and convenient washer/dryer hookups. A wonderful opportunity to own an upgraded desert getaway, weekend retreat, or full-time residence with 2 acres of privacy, spectacular views, and modern comforts. This is a Fannie Mae HomePath property. First-time homebuyers can complete the HomePath Ready Buyer® homeownership course at HomePath.com and, when the certificate is submitted with the purchase offer, may qualify for up to 3% in closing cost assistance. Visit HomePath.com for complete program details and eligibility requirements. Restrictions apply. See attached floor plan. Some images in this listing have been virtually staged.

Features & Amenities

Not ApplicableFeeBuilt 1956

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Other
Cooling
Ceiling Fan(s), Other
View
Desert, Mountain(s)
Flooring
Laminate
City
29 Palms
Zip Code
92277
County
San Bernardino
Listed byColdwell Banker Realty, Denise Francis·760-861-9347

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$884.39
Principal & Interest
Loan Amount
$139,920
Total Interest
$178,460
Total Payment Over 30 Years
$318,380
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 · 2 active · 2 closed

79780 Sheri Lane, 29 Palms, CA 92277

Not Applicable · 29 Palms · Single Family Residence

$175K
Affordable Tier
Beds
1
Baths
1
Sqft
400
Lot
2.00 ac
Year
1956
$/Sqft
$437
Pool: No✓
Spa: No✓
View: mountain✓

Listed 10.3% below the median closed sale of $195,000. Closed comps sold at 87% of list — buyers have negotiating leverage.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $175K· $437/sqft
Total list price
Closed comps
vs closed median $200K
−$25K (−12.6%)
Active comps
vs active median $200K
−$25K (−12.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $214
+$223 (+104.2%)

Active Properties (2)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4033 Godwin Road29 Palms195821684217,800$292$199,999968
81118 Screech Owl Road29 Palms1960321,180209,088$136$160,00074726
Total: 2 · Average2.51.5932213,444$214$179,999.5378
Median1,180$199,999

Closed Properties (2)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
80042 Mesa Drive29 Palms195805/13/202501400217,800$225,000$200,000$5000.8912377
4260 Gayley Lane29 Palms197507/23/202511508217,800$225,000$190,000$3740.8410272
Total: 2 · Average0.51.0454217,800$195,000$195,000$437—112.5
Median508$200,000$200,000

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.