Price Reduced Listing2 UNIQUE STR HOMES on 7 Acres w/ room to build. Approx 11% CAP. Perfect for 1031 and BONUS DEPRECIATION! 2025 - $203K Gross, $132k NOI = 11% CAP. Financing $959k at 7%/30yr = ~$76.6k/yr debt service with 20% down $240K. Cash flow: ~$55.6k/yr = 23.0% cash-on-cash Tax: Cost Seg (if applicable) + 100% bonus depreciation - $253k yr 1 deduction ~$94k federal tax savings (37% bracket) Net cash in after tax savings: $240k - $94k = ~$146k Cash-on-cash on net cash: $55.6k ÷ $146k = ~38% (estimated, buyer verify w/ tax advisor) 2.5 miles to Downtown JT & 8 miles fr National Park West Entrance, this offering includes 2 architecturally distinctive hangar-style homes: "Desert Moon" & "Starship" built 2021/2023 top-rated short-term rentals $203,000 gross 2025 revenue, approx $132,000 NOI. 1160 sqft each, 2/2B, 20ft ceiling, dramatic 15ft walls windows, framing desert/mountain views, two king ensuite bedrooms, immersive themed interiors, space pods, stargazing lofts, fenced private backyards with hot tubs, seasonal above-ground pools, propane fire pits, and outdoor dining. Each unit is steel constructed with closed-cell spray foam insulation and commercial-grade roofing membranes, exceptional energy efficiency (see expenses), superior durability against sun and wind, and an extremely low-maintenance ownership profile. Unlike much of the area, the property is served by municipal water and grid power, no well, no water hauling, no off-grid complexity. Both units hold active San Bernardino County short-term rental registration and carry high guest ratings (4.96 and 4.97 across 475+ combined reviews), Desert Moon holds "Airbnb Guest Favorite status" and the Starship ranked in "top 10% of eligible listings." Future upside potential is substantial! 1. Marketed exclusively only on AIRBNB; expand to direct booking, other sites + target corporate/retreat/wellness channels = UNTAPPED DEMAND. 2. 7.5-acre parcel may offer potential subdivision for an ADDITIONAL LOT & HOME(S) - buyer to verify w/ SB County Land Use. 3. LUXURY/WELLNESS repositioning of Moon- sauna, redlight, pool heating or change to in-ground, and complete design refresh (See AI renderings). ALL 3 options offer a path to HIGHER ADRs in a market where unique stays and wellness focused spaces now command significant premiums. Fully furnished and turnkey with operating history and revenue documentation. This is a unique new construction, dual-unit compound with income + growth strategy.
| MLS # | IG26192458 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 60 |
| Listing Provided By | DEBRA HANNA BROKER | Debra Hanna |
| SQ Feet | 2,320 |
|---|---|
| Pool | Yes |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 7.06 |
| Property View | Yes |
| Cooling | Ductless, Energy Star Qualified Equipment |
|---|---|
| Heating | Ductless, Electric, Energy Star Qualified Equipment, Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Cathedral Ceilings, Furnished, High Ceilings, Quartz Counters, All Bedrooms Down |
| Window Features | Blinds, Double Pane Windows, Energy Star Qualified Windows |
| Appliances | Barbecue, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Disposal, High Efficiency Water Heater, Microwave, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Slab |
|---|---|
| Lot Features | Six To Ten Units Acre, Back Yard, Desert Back, Desert Front, Lot Over40000Sqft, No Landscaping |
| Parking Features | Private, Unassigned |
|---|---|
| Garage Yes / No | No |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Volts220For Spa |
| Sewer | Public Sewer |
| Community Features | Rural |
|---|
| State | CA |
|---|---|
| County | San Bernardino |
| City | Joshua Tree |
| Zip Code | 92252 |
| Area | DC621 Old Town West |
| Listing VS Median (in 92252) | |
Price: $1,199,000 low | high Med: $449,500 sqft: 2,320 low | high Med: 1,302 $ / sqft: $517 low | high Med: $347 On site: 60 low | high Med: 51.5 | |
| State | CA |
|---|---|
| County | San Bernardino |
| City | Joshua Tree |
| Zip Code | 92252 |
| Area | DC621 Old Town West |
| Listing VS Median (in 92252) | |
Price: $1,199,000 low | high Med: $449,500 sqft: 2,320 low | high Med: 1,302 $ / sqft: $517 low | high Med: $347 On site: 60 low | high Med: 51.5 | |
![]() | $1,199,00063020 Two Mile RoadJoshua Tree, CA 92252 |
![]() | $1,199,00063020 Two Mile RoadJoshua Tree, CA 92252 |