63020 Two Mile Road, Joshua Tree, CA, 92252

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$1,349,000
22 Days On Site

63020 Two Mile Road
Joshua Tree, CA 92252

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,320
SqFt
$581
/SqFt
2021
Built
County:
San Bernardino
Listed by Debra Hanna of DEBRA HANNA BROKER realestate@debbiehanna.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
63020 Two Mile Road63020 Two Mile Road63020 Two Mile Road63020 Two Mile Road
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2 UNIQUE STR HOMES on 7 Acres w/ room to build. 9.8% CAP. Perfect for 1031 and BONUS DEPRECIATION! $203K Gross, $132k NOI = 9.8% CAP. Financing $1.08M at 7%/30yr = ~$86.2k/yr debt service with 20% down $269K. Cash flow: ~$45.8k/yr = 17.0% cash-on-cash Tax: Cost Seg (if applicable) + 100% bonus depreciation - $285k yr 1 deduction ~$105k federal tax savings (37% bracket) Net cash in after tax savings: $269.8k - $105k = ~$165k Cash-on-cash on net cash: $45.8k ÷ $165k = ~27.8% (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" and "Starship" builds 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 window walls framing desert/mountain views, two king ensuite bedrooms, immersive themed interiors, space pods and 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 registrations and carry high guest ratings (4.96 and 4.97 across 475+ combined reviews), with the Desert Moon holding "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.

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Listing Snapshot
Price 
$1,349,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,320 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7.0554 Acres
Year Built 
2021
MLS® Number 
IG26203624
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
7.0554
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
2320
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
DuctlessENERGY STAR Qualified Equipment
Heating 
DuctlessElectricENERGY STAR Qualified EquipmentHeat Pump
Laundry Features 
None
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Exterior Features
Lot Features 
Back YardDesert BackDesert Front
Community Features
MLS Area 
DC621 - Old Town West
Financing Terms Available 
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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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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