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79780 Sheri Lane, 29 Palms, CA 92277

$190K1bd · 1ba · 400 sqft
Lot 87,120 sqft•Single Family Residence•
Active
•46d on market•MLS# 219151907

Property Description

WONDER VALLEY DESERT RETREAT | 2 ACRES | MOUNTAIN VIEWS Escape to the beauty and tranquility of Wonder Valley with this charming 400-square-foot single-family home situated on 2 acres, offering desert mountain views and plenty of open space. The home has been nicely upgraded and features high ceilings, new laminate flooring, and fresh interior and exterior paint. The modern kitchen features white cabinetry, while the updated bathroom includes a tiled shower/bath. Enjoy the peaceful desert surroundings from the covered patio, perfect for relaxing and taking in the expansive mountain views. Additional features include a new mini-split AC and heating system and convenient washer/dryer hookups. A wonderful opportunity to own an upgraded desert getaway, weekend retreat, or full-time residence with 2 acres of privacy, spectacular views, and modern comforts. This is a Fannie Mae HomePath property. First-time homebuyers can complete the HomePath Ready Buyer® homeownership course at HomePath.com and, when the certificate is submitted with the purchase offer, may qualify for up to 3% in closing cost assistance. Visit HomePath.com for complete program details and eligibility requirements. Restrictions apply. See attached floor plan.

Features & Amenities

Not ApplicableFeeBuilt 1956

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Other
Cooling
Ceiling Fan(s), Other
View
Desert, Mountain(s)
Flooring
Laminate
City
29 Palms
Zip Code
92277
County
San Bernardino
Listed byColdwell Banker Realty, Denise Francis·760-861-9347

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$960.24
Principal & Interest
Loan Amount
$151,920
Total Interest
$193,766
Total Payment Over 30 Years
$345,686
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

79780 Sheri Lane, 29 Palms, CA 92277

Not Applicable · 29 Palms · Single Family Residence

$190K
Affordable Tier
Beds
1
Baths
1
Sqft
400
Lot
2.00 ac
Year
1956
$/Sqft
$475
Pool: No✓
Spa: No✓
View: mountain✓

Listed 51.9% above the median closed sale of $125,000. Price per sqft ($475) is a 89% premium to closed comps ($251). Closed comps sold at 78% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 161 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $190K· $475/sqft
Total list price
Closed comps
vs closed median $125K
+$65K (+51.9%)
Active comps
vs active median $155K
+$35K (+22.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $354
+$121 (+34.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6691 El Rey Avenue29 Palms1952114006,962$375$150,0001388
84753 Eddie Albert29 Palms195711460217,800$426$196,0006088
77420 RAYMOND Drive29 Palms195901400217,800$275$109,8881685
67550 Del Oro Road29 Palms195711560108,900$277$154,9002081
5226 Henry Road29 Palms195711480217,800$415$199,00014481
Total: 5 · Average0.81.0460153,852.4$353.6$161,957.650.6
Median460$154,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
84951 Eddie Albert29 Palms195906/16/202611400217,800$129,000$125,000$3120.9711687
80918 Brown29 Palms195905/14/202611408217,800$219,000$219,000$5371.006286
3415 Gammel Road29 Palms195708/24/202600480217,800$60,000$32,608$680.5427475
84320 Mccombie29 Palms195909/03/202611650217,800$205,000$200,000$3080.9812272
71824 Cove View Road29 Palms195906/11/202600508217,800$34,999$15,000$300.4323168
Total: 5 · Average0.60.6489.2217,800$118,321.6$118,321.6$251—161
Median480$125,000$125,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.