39
Map
$365,000
●
House -
For Sale
61826 Terrace Drive
Joshua Tree, CA 92252
2 Beds
1 Bath
995 Ft²
$1,793
Est. Monthly
About This Property
Featured in Wall Street Journal, this noted Airbnb originally
remodeled by the We Are In Our Element design team in 2015, set the
stylistic tone for vacation rentals in the Joshua Tree area.
Throughout, it has remained a well-oiled machine. Improved and
updated through the years to include a refined indoor/outdoor
living experience, with an exterior clawfoot bathtub, firepit,
shaded area and hammock circle for stargazing. FULLY FURNISHED and
ready to rent whether as a STR or a Primary Residence. Beautifully
realized minimalist remodel update into a contemporary midcentury
modern. Stainless steel appliances, butcherblock countertops, birch
kitchen cabinets, concrete floors, large walk-in shower featuring
modern floor-to-ceiling subway tiles, flat-panel interior doors and
large single-light glass front door. National Park views from
family room and sunroom/den facing large fenced-in backyard.
Completely finished, refined, turnkey property awaits your arrival.
Unit Size
995 Ft²
Days on Market
128 days
Land Size
0.17 acres
Price per sqft
$367
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #JT26128635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Listed by Joshua Tree Modern | $365,000 | |
| Listed by Joshua Tree Modern | |||
| Jul 16, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Listed by Compass | $514,000 | |
| Listed by Compass | |||
| | |||
|
Look no further for your dream AIRBNB or your own private high desert getaway! This mid century modern updated home features stainless steel appliances, oak butcher block countertops, birch kitchen cabinets, concrete floors, large walk-in shower featuring modern floor-to-ceiling subway tiles. The open living room flows seamlessly into the kitchen and bonus seating area that over looks the backyard patio. Expansive outdoor entertaining space featuring an exterior clawfoot bathtub, fire-pit, shaded area and hammock circle for stargazing. The home is offered turnkey. The home is a short drive to the village and to Joshua Tree National Park. The manager has listed the unit size as 995 square feet.
| |||
| May 4, 2023 | No longer available | - | |
| No longer available | |||
| Jan 18, 2023 | Listed by Compass | $530,000 | |
| Listed by Compass | |||
| | |||
|
Look no further for your dream AIRBNB or your own private high desert getaway! This mid century modern updated home features stainless steel appliances, oak butcher block countertops, birch kitchen cabinets, concrete floors, large walk-in shower featuring modern floor-to-ceiling subway tiles. The open living room flows seamlessly into the kitchen and bonus seating area that over looks the backyard patio. Expansive outdoor entertaining space featuring an exterior clawfoot bathtub, fire-pit, shaded area and hammock circle for stargazing. The home is offered turnkey. The home is a short drive to the village and to Joshua Tree National Park. The manager has listed the unit size as 995 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsDown
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 995
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1959
Levels: One
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 7200
Lot Size Units: Square Feet
Lot Size Acres: 0.1653
Lot Size Square Feet: 7200
Tax Lot: 13
Water Source: Public
Utilities Details
Cooling Type: Zoned
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Joshua Tree
Similar Homes for Sale
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Listed by: Bryan Wynwood, Joshua Tree Modern
Last Updated: 5 months ago
Data Source: CRMLS, MLS# JT26128635
Last Updated: 5 months ago
Data Source: CRMLS, MLS# JT26128635
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