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2651 Foxy Flats Road

Joshua Tree, CA 92252
  • $999,999
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: OC23075749
$999,999
  • 0
    BEDS
  • 5.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (949-945-8680)


Description

Welcome to the perfect custom built, Joshua Tree turnkey short-term rental with a spectacular, 360 view of the National Park, Mojave National Preserve, and Big Bear! This fully renovated 4-bedroom, 2-bathroom property is currently operating as a STR and has been meticulously redone with a high attention to detail. Amenities include heated in-ground pool, 2 car garage, original homestead cabin, and horse accommodations that sprawl across a 5.4 acre property! Inside you'll find an open floor plan, a remodeled kitchen with unique handmade Moroccan tiles, new quartz countertops, and modern, energy-efficient appliances, grand recessed dining room, an eat-in kitchen, all with vaulted wood-paneled ceilings with exposed beams. Cozy up near the stone fireplace with a fan-assisted wood-burning stove. There are large bedrooms with upgraded closets and outdoor entrances from all 4 rooms. The primary bedroom has an updated full bath and a private entry to the patio and pool for ultimate privacy and luxury. Both bathrooms have been beautifully remodeled. The backyard offers: outdoor dining patio, a beautiful pergola and patio area overlooking a large in-ground heated pool with a Baja shelf for soaking up the sun and star gazing on those warm desert nights. The original homestead cabin (prepped with water and power) is ready for your keen eye to transform it into additional guests space for extra income. The 2-car detached garage includes parking for an RV, and the 2-horse stalls, round pen, and arena provide plenty of space for horses. The purchase price includes all furniture, appliances, furnishings, electronics, and everything else currently used to operate this vacation rental. Don't miss this amazing opportunity to own a turnkey STR with projected gross income of over $116,000, a projected cap rate of 8.6% (Self-Managed) and 6.4% (Professionally Managed).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
www.bradschmett.net/homes/139283593
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2651 Foxy Flats Road Joshua Tree, CA 92252

  • Price: $999,999
  • Status: Active
  • On Site: 26 Days
  • MLS #: OC23075749
0
Beds
0
Baths
0
½ Baths
5.4
Acres
1974
Built
Neighborhood:
DC625 - North Central
County:
San Bernardino
Area:
DC625 - North Central
Property Description
Welcome to the perfect custom built, Joshua Tree turnkey short-term rental with a spectacular, 360 view of the National Park, Mojave National Preserve, and Big Bear! This fully renovated 4-bedroom, 2-bathroom property is currently operating as a STR and has been meticulously redone with a high attention to detail. Amenities include heated in-ground pool, 2 car garage, original homestead cabin, and horse accommodations that sprawl across a 5.4 acre property! Inside you'll find an open floor plan, a remodeled kitchen with unique handmade Moroccan tiles, new quartz countertops, and modern, energy-efficient appliances, grand recessed dining room, an eat-in kitchen, all with vaulted wood-paneled ceilings with exposed beams. Cozy up near the stone fireplace with a fan-assisted wood-burning stove. There are large bedrooms with upgraded closets and outdoor entrances from all 4 rooms. The primary bedroom has an updated full bath and a private entry to the patio and pool for ultimate privacy and luxury. Both bathrooms have been beautifully remodeled. The backyard offers: outdoor dining patio, a beautiful pergola and patio area overlooking a large in-ground heated pool with a Baja shelf for soaking up the sun and star gazing on those warm desert nights. The original homestead cabin (prepped with water and power) is ready for your keen eye to transform it into additional guests space for extra income. The 2-car detached garage includes parking for an RV, and the 2-horse stalls, round pen, and arena provide plenty of space for horses. The purchase price includes all furniture, appliances, furnishings, electronics, and everything else currently used to operate this vacation rental. Don't miss this amazing opportunity to own a turnkey STR with projected gross income of over $116,000, a projected cap rate of 8.6% (Self-Managed) and 6.4% (Professionally Managed).
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Exterior Features Awning(S)Barbecue Fencing PrivacyWood Foundation Details Slab Horse Amenities Riding Trail Horse YN Yes Lot Features Back YardDesert BackDesert FrontFront YardHorse Property Number Of Separate Electric Meters 1 Other Structures Shed(S) Parking Features BoatDoor-MultiGarageGarage Door OpenerRv Access/ParkingRv CoveredStorageWorkshop in Garage Parking Total 3 Pool Features FencedHeatedIn GroundPropane HeatPrivate Pool Private YN Yes Property Attached YN No Road Surface Type Unimproved Roof AsphaltShingle Spa Features Above GroundHeated Spa YN Yes View DesertHills View YN Yes

Interior Features

Appliances DishwasherElectric OvenElectric Water HeaterDisposalMicrowaveRefrigeratorWater To RefrigeratorDryerWasher Common Walls No Common Walls Cooling Evaporative CoolingWall/Window Unit(S) Cooling YN Yes Door Features French DoorsSliding Doors Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring LaminateTile Heating Wood StoveWall Furnace Heating YN Yes Interior Features Beamed CeilingsCathedral Ceiling(S)FurnishedHigh CeilingsOpen FloorplanRecessed LightingSolid Surface CountersAll Bedrooms Down Window Features Double Pane WindowsDrapesRoller ShieldsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 1008 Cap Rate 6.4 Common Interest None Community Features Dog ParkFoothillsGolfHikingHorse TrailsMountainousNear National ForestPreserve/Public Land Disclosures Licensed Vacation Rental Electric Standard Electric Expense 4200 Exclusions None Fuel Expense 2400 Garage YN Yes Gross Income 116048 Gross Scheduled Income 170659 Inclusions All FurnitureAppliancesFurnishingsElectronics And Everything Else Used To Operate This Str Insurance Expense 2500 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Maintenance Expense 1200 Net Operating Income 64405 New Construction YN No New Taxes Expense 10506 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Operating Expense 51643 Pest Control Expense 0 Pool Expense 3600 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Single Family Residence Rent Control YN No Security Features Carbon Monoxide Detector(S)Security GateSmoke Detector(S) Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Trash Expense 132 Utilities Electricity ConnectedPropaneSewer Not AvailableWater ConnectedOverhead Utilities Vacancy Allowance 54611 Vacancy Allowance Rate 32 Water Sewer Expense 2220 Water Source Public Zoning Jt/Rl-5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Licensed in the State of California, USA.
 
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Brad Schmett Real Estate Group
760-880-5845
La Quinta and Palm Springs CA,
Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (949-945-8680)