72555 Nicolson Drive 29 Palms CA 92277 MLS #JT25038374

72555 Nicolson Drive
29 Palms, CA, 92277
$195,000
4 Beds
3 Baths
1,637 SqFt
1.7 Acres
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Investor Special! 2 Homes on 1 Lot – 1.69 Acres in Town with Endless Potential! This prime investment opportunity features two homes on one lot, sitting on 1.69 acres in a great in-town location. With stunning mountain views and close proximity to all the conveniences of downtown 29 Palms, this property is ready for an investor looking to maximize returns. The main home is a 3-bedroom, 2-bathroom residence, approximately 954 sqft, while the second home is a 1-bedroom, 1-bathroom unit, approximately 683 sqft. Both homes need a full remodel, but the upside is undeniable—whether you&#39're looking to fix and flip, create long-term rentals, or develop a short-term rental portfolio. Additionally, there is a detached garage, providing extra storage, workshop potential, or additional conversion possibilities. Why Invest in 29 Palms? Short-Term Rental Market – With the city&#39's flexible rental regulations compared to other nearby areas, investors are capitalizing on the steady influx of visitors heading to Joshua Tree National Park.
Proximity to Key Attractions – Just minutes from the park entrance, Tortoise Rock Casino, Project Phoenix downtown revitalization, and the Marine Corps Base, this location is highly desirable for both vacation and long-term tenants. Growing Economy &#38' Infrastructure – 29 Palms continues to develop, with new businesses, hotels, and local attractions increasing property demand. With multiple income streams possible, ample space to expand, and an unbeatable location, this 2-home investment property has the potential to generate strong cash flow.

Property Details

Price:
$195,000
MLS #:
JT25038374
Status:
Pending
Beds:
4
Baths:
3
Type:
Single Family
Listed Date:
Feb 20, 2025
Finished Sq Ft:
1,637
Lot Size:
74,052 sqft / 1.70 acres (approx)

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Schools

Interior

Cooling
Evaporative Cooling, Wall/ Window Unit(s)
Fireplace Features
None
Heating
None

Exterior

Community Features
Hiking
Garage Spaces
2.00
Lot Features
Lot Over 40000 Sqft
Parking Features
Garage
Pool Features
None
Sewer
Conventional Septic
Stories Total
1
View
Desert, Mountain(s), Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Water Connected

Map

Community

Market Summary

Current real estate data for Single Family in 29 Palms as of Apr 18, 2025
257
Single Family Listed
112
Avg DOM
283
Avg $ / SqFt
$349,964
Avg List Price

Property Summary

    72555 Nicolson Drive 29 Palms CA is a Single Family for sale in 29 Palms, CA, 92277. It is listed for $195,000 and features 4 beds, 3 baths, and has approximately 1,637 square feet of living space.The current price per square foot is $119. The average price per square foot for Single Family listings in 29 Palms is $283. The average listing price for Single Family in 29 Palms is $349,964.

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