7845 Elwood Street, Joshua Tree, CA 92252
7845 Elwood Street, Joshua Tree, CA 92252
Property Description
Newly Renovated! 126k in the first 10 months, 170k projected revenue year 1! Turn-key Airbnb with huge desert views and no neighbors behind the property, delivering the privacy and scenery that make Joshua Tree so special. Located in a prime area just minutes from downtown, this home captures everything guests look for when visiting the desert. Outdoor amenities are exceptional with a brand-new pool with Pentair heater, spa, cold plunge, pickleball court, firepit, and multiple lounge areas, all positioned to take in sweeping desert views and star-filled nights. Inside, the home features a simple yet elevated desert aesthetic with custom micro-concrete countertops, cabinetry, and new appliances. Large windows frame the surrounding mountains while micro-concrete walls, custom concrete vanities, and showers create a cohesive modern design throughout. A dedicated game room offers a fun contrast to the minimalist interior with arcade games, pool table, poker table, and ping pong. The home includes 4 bedrooms designed for strong guest capacity: 2 king bedrooms, 1 queen bedroom, and a bunk room with 2 full beds and 2 twin beds. Additional upgrades include a new AC unit and water heater. The property is sold fully furnished so the next owner can immediately operate it as a successful short-term rental. Located 10 minutes from Joshua Tree National Park (3M+ annual visitors) and 3 minutes to downtown Joshua Tree.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Joshua Tree · Single Family Residence
Listed 116.8% above the median closed sale of $530,000. Price per sqft ($624) is a 99% premium to closed comps ($313). Expect a longer timeline — comps averaged 148 days on market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 60369 Granada | Joshua Tree | 2006 | 3 | 2 | 1,542 | 18,000 | $311 | $480,000 | 165 | 81 |
| 60225 Chesapeake | Joshua Tree | 2005 | 3 | 2 | 1,580 | 10,200 | $247 | $389,800 | 2 | 79 |
| 7453 Olympic Road | Joshua Tree | 1979 | 3 | 2 | 1,482 | 18,928 | $250 | $370,000 | 9 | 77 |
| 61755 Navajo Trail | Joshua Tree | 2017 | 3 | 2 | 1,602 | 19,300 | $390 | $625,000 | 99 | 75 |
| 61582 Palm Vista | Joshua Tree | 2005 | 3 | 2 | 1,490 | 8,315 | $218 | $325,000 | 166 | 74 |
| Total: 5 · Average | 3.0 | 2.0 | 1,539.2 | 14,948.6 | $283.2 | $437,960 | 88.2 | |||
| Median | 1,542 | $389,800 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61104 Prescott Trail | Joshua Tree | 1977 | 07/02/2026 | 3 | 2 | 1,460 | 21,000 | $678,000 | $640,000 | $438 | 0.94 | 111 | 80 |
| 61727 Alta Mura | Joshua Tree | 1984 | 07/09/2026 | 3 | 2 | 1,600 | 18,000 | $364,850 | $375,000 | $234 | 1.03 | 34 | 78 |
| 60319 Fairmount Drive | Joshua Tree | 2007 | 09/15/2026 | 4 | 2 | 1,756 | 103,237 | $549,000 | $530,000 | $302 | 0.96 | 184 | 78 |
| 62111 Crestview Drive | Joshua Tree | 1985 | 05/19/2026 | 3 | 2 | 1,483 | 18,415 | $410,000 | $385,000 | $260 | 0.94 | 66 | 76 |
| 63478 Broadway Street | Joshua Tree | 2007 | 08/11/2026 | 3 | 2 | 1,872 | 89,298 | $649,000 | $620,000 | $331 | 0.95 | 347 | 76 |
| Total: 5 · Average | 3.2 | 2.0 | 1,634.2 | 49,990 | $510,000 | $510,000 | $313 | — | 148.4 | ||||
| Median | 1,600 | $530,000 | $530,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.