Investors, 1031 Buyers: 12% CAP RATE! Outstanding, beautifully reimagined, very private Mid Century Modern Joshua Tree compound with casita, a 40' heated swimming pool, spa & mountain views on nearly 6 acres by design collective KALM. Modern interior spaces w/charcoal colored concrete floors, whitewashed walls & expansive picture windows. Custom walnut kitchen w/island & abundance of white quartz counter space, new appliances &14' Panoramic folding doors opening onto deck. Great room with original working fireplace w/vintage tiled hearth & stone surround. New systems throughout including Nest, ducted HVAC, plumbing, electrical & custom lighting. Each of the two main house bedrooms have distinctive Cle tiled baths with modern barn doors & access to decking, patios & pool beyond. A third bath in the main house has a large copper soaking tub. Great room opens to an expansive 60' deck looking toward the swimming pool & desert landscape beyond. The newly constructed swimming pool has a custom automated pool cover, Baja shelf & a 60' concrete and Brazilian Garapa wood surround & a seven seater Hot Tub/Spa. Luxurious, permitted detached Casita w/full bath & direct access to a beautifully tiled outdoor shower. The landscape is a forest of Joshua Trees, 400 year old Yucca trees, a hammock chill zone & space for a vintage trailer. A chic & hip hideaway for creatives & privacy seekers surrounded by acres of BLM land. A truly magical property for a vacation rental, desert escape or full-time residence. Property currently has a short term rental license (main house and casita my be rented separately or together). Leased solar transfers to the new owner. Only 10 minutes to Joshua Tree's lively downtown area and the park, 55 minutes to Palm Springs & two hours to DTLA. The coveted design team at KALM meticulously designs & curates only one property annually. This is a rare opportunity to purchase a unique, top-notch compound. Property is located in Joshua Tree with a Joshua Tree address and zip code. The house is currently the owner's 2nd home and is rented as a premium short term rental with significant income for 2023 & 2024; WITH A 12% CAP RATE. Sold furnished per inventory.
24370423
Single Family, 1 Story
3
San Bernardino
4 Full
1959
5.6
Acres
Public
1
Septic Type Unknown
1,970
Sq. Ft.
Bathrooms
4
Total:4
Detailed Room Information
- Bedroom(s)
- Total: 3
- Laundry
- Inside,Laundry Room
Interior Features
- Appliances
- Dishwasher,Refrigerator
- Flooring
- Tile
- Cooling
- Electric, Heat Pump
- Heating
- Electric Heating. Heat Pump, Fireplace.
- Common Walls
- No Common Walls
- Doors/Windows
- Sliding Doors
- Fireplaces
- Great Room,Raised Hearth,Wood Burning.
- Additional Interior Features
- Beamed Ceilings,Multiple Primary Suites
Exterior / Lot Features
- Parking
- 2 Parking Spaces. 0 Covered Parking Spaces. Driveway,RV Access/Parking.
- Pool
- InGround, Heated
- Pool Description
- Filtered,Gunite,Heated,In Ground,Pool Cover,Permits,Private
- Spa
- Above Ground,Fiberglass
- Lot View
- Mountain, Panoramic, Valley, Desert View
- Zoning
- HV/RL-5
- Structural Condition
- Updated/Remodeled
Financial Considerations
0599161030000
Furnishings, Appliances, Airbnb account, social media, property website with direct booking.
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