72935 Siesta Drive
About This Property
panoramic view overall, add a bistro table for outdoor dining right off kitchen. Other sliding glass door goes out to terraced back yard, complete with gazebo on upper level to enjoy view of in ground gunite pool, & spa, cement decking, play area. Inside are 4 bedrooms, two baths down the hall. Sliding glass doors in each. 3 have access to back yard, Master bedroom has access to own little private patio, surrounded by shrubbery. So great for quiet little area, coffee in morning, etc. So put on your work clothes, use your creativity. This home is not for everyone! Needs lots of TLC & imagination. Could be a showcase. with a great view, in Lazy Joe Tract with large lot. Natural gas, water meter, electric meter, cable tv & phone. Convenient location for Base access as well as market, eateries, gym& shopping in small mall. Or downtown 29 Palms: farmers market on Saturday, first class bakery, numerous restaurants, art gallery, museum & a casino. Within 10 minutes to North entrance to Joshua Tree National Park.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed by Joshua Tree Modern | $549,000 | |
| Listed by Joshua Tree Modern | |||
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Own your own slice of paradise in one of the most sought-after pockets just outside Joshua Tree National Park! Tucked away on the iconic Siesta Drive, where homes rarely come up for sale, this stunningly upgraded fully furnished mid-century pool home offers a front-row seat to the sweeping desert and mountain panoramas that make this region world-famous. Currently a high-performing Airbnb, this 4-bedroom, 2-bath gem (plus a beautifully converted garage bonus room!) is the ultimate desert escape and income-generating retreat. Whether you're looking for your next successful investment property or a magical personal getaway, this one checks every box. Step inside to discover a bright, open-concept living and dining space anchored by a sleek, modern kitchen—perfect for entertaining guests or relaxing with family—with easy access to the XL breezeblock terrace set high above the street, ideal for BBQing, sunset cocktails, and unforgettable nights of stargazing. Nearly every window frames breathtaking desert views, while seamless indoor-outdoor flow invites you into the expansive backyard oasis. Out back, you'll find your own private resort-style sanctuary: a sparkling in-ground pool, bubbling spa jacuzzi, three tranquil verandas, a shaded gazebo, an outdoor shower, and lush, multi-level desert landscaping. Multiple bedrooms have private access to a second breezeblock courtyard, ideal for morning coffee or evening stargazing. The spacious bonus room offers a second living area perfect for games, movie nights, or simply escaping the midday sun. There's also a dedicated laundry room, tons of storage, and ample parking. Located just 12 minutes to the Park entrance and only moments from the buzzing heart of 29 Palms—where new restaurants, bars, shops, and cultural events are transforming the area into the next big destination—this home is your golden opportunity to own one of the best-positioned vacation homes on the market. Don’t wait—homes on Siesta Drive disappear fast. Book your showing today and experience this desert jewel before it’s gone!
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| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Libby's Realty | $130,000 | |
| Listed by Libby's Realty | |||
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About Twentynine Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017