Great investment property that can be turned into a modern homestead. Rehab and resell for a quick profit, or start making a monthly cash flow by turning this home into an Airbnb. A steady income estimated at $2,700.00 monthly. This 1,300 sqft, two story cabin is situated in the natural desert landscape with endless opportunities for high desert exploration.
A nearby home, 51222 Gamma Gulch Rd sold in one week for $525,000. Last month 52267 Gamma Gulch Rd sold in under 60 days for $300,000. Also, in August a 1,200 sqft home situated in the boulders, sold in under 4 months for $850,000.
RARE OPPORTUNITY to bring in monthly cash flow from this desert oasis. It’s a great Airbnb opportunity. Surrounded by boulders, wild flowers and Joshua Trees–in the most beautiful section of Gamma Gulch near Pioneertown.
– 2 story cabin.
– 1350 sqft home.
– 2 bedrooms and 2 bath
Inspection report available upon request.
Purchase Price: $160,000.00
Price per sqft foot: $118.00
*** Pioneertown is an old west town build in the early forties for filming of movies and TV serials. Visitors can experience Main Street, with a variety of restaurants, shops, and live Western entertainment. Pioneertown is a popular vacation destination for Snowbirds, retirees, artists, hikers, biologist, couples or for the families looking to getaway from the city.
ARV Comp #1-
51222 Gamma Gulch Rd, Pioneertown, CA 92268
2 bedroom/ 2 bath 1,000 sqft 5 acres
Sold on 5/22/17 for $545,000
Days on market: 1 week
ARV Comp #2
51535 Jalmar Rd, Pioneertown, CA 92268
1 bedroom/1 bath 624 sqft 5 acres
Sold on 11/21/16 for $360,000.00
Days of Market: Unknown
ARV Comp #3
53075 Boulder View Dr, Pioneertown, CA 92268
2 bedroom/ 2 bath 1,020 sqft
Sold on 3/22/17 for $470,000.00
Price per sqft: $460.00
Days on Market: unknown
ARV Comp #4
50650 Gamma Gulch Rd, Pioneertown, CA 92268
Studio 5 acres
Sold on 8/21/15
Days on Market: 120
ARV Comp #5
1853 Roadrunner Rut Rd
1 bedroom 1 bath 1,200 sqft 4.3 acres
Sold on 8/4/17
Days on Market: 120 Days
POTIENTIAL MONTHLY INCOME- $2,700.00
Estimate based on 50% occupancy, booking prices of listings with a similar location, season, listing type, and guest capacity. How much you actually make may vary with your pricing, type and location of your listing, actual occupancy rate, season, demand and other factors. Your local laws may also impact your actual earnings.