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Sold for $500,000 on 10/23/23
  • Listing Provided by: 

    Keith Powers DRE #01940642 714-402-1357,

    Alta Realty Group CA, Inc

    Bought with: HomeSmart
    $500,000

    57543 Paxton Rd, Yucca Valley, CA 92284

    4beds
    2,119sqft
    Single Family Residence
    Built in 2005
    0.59 Acres Lot
    $533,600 Zestimate®
    $236/sqft
    $2,953 Estimated rent

    Home value

    $533,600

    $507,000 - $566,000

    $2,953/mo

    Zestimate® history
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    What's special

    Calling All Savvy Investors and Short-Term Rental Enthusiasts! Introducing a Premier Property in Yucca Valley's Western Hills Estates, perfectly suited for the lucrative world of short-term rentals. This outstanding 4 bedroom, 3 bath home is a true gem, boasting incredible features and breathtaking views that will captivate your guests. Situated on a massive .59 acre lot, this property offers ample space for relaxation and entertainment. The open floor plan welcomes you with tasteful wood vinyl flooring, creating a fresh and modern ambiance complemented by high ceilings that enhance the open and airy feel, bathed in abundant natural light. The spacious living area showcases a stunning stacked stone fireplace, adding a touch of elegance and warmth to the space. Seamlessly connected to the dining room, the flow of this home is perfect for hosting memorable gatherings. The well-designed kitchen is a dream for entertainers, opening to the dining/living area and featuring granite countertops, stainless steel oven, built-in microwave, dishwasher, and a convenient walk-in pantry. You'll have everything you need to prepare delicious meals and create unforgettable experiences for your guests. The large master bedroom is a private retreat, complete with a walk-in closet and a beautiful master bathroom featuring a dual vanity, large bathtub, and a walk-in shower that adds a touch of luxury to their stay. But the true highlight of this property lies outside, where an impressive raised wooden deck spanning nearly 400 square feet awaits. This outdoor oasis is perfect for hosting BBQs and other get-togethers, all while your guests bask in the mesmerizing views of the desert landscape, mountains, and city lights. For your convenience, a massive 858 square foot 3-car garage provides ample storage space to accommodate all the essentials of a successful short-term rental operation. Additional features such as tile roofing, central heating & air, recessed lighting, fenced back yard, dual pane windows, hot tub and cowboy pool ensure that your guests' comfort is never compromised. Invest in this exceptional property today and unlock its true potential as a short-term rental. With a projected gross income of over $95,000 and a projected cap rate of 12.2% (Self-Managed) and 9.7% (Professionally Managed), this opportunity is simply too good to pass up. Don't miss your chance to own this turnkey short-term rental and embark on a profitable investment journey.

    Zillow last checked: 8 hours ago

    Listing updated: October 23, 2023 at 02:16pm

    Listing Provided by:

    Keith Powers DRE #01940642 714-402-1357,

    Alta Realty Group CA, Inc

    Bought with:

    Damian Costello, DRE #01970079

    HomeSmart

    Source: CRMLS,MLS#: OC23086643MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Heating
    • Central, Propane
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Disposal, Ice Maker, Microwave, Propane Cooktop, Propane Oven, Propane Water Heater, Refrigerator, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Furnished, High Ceilings, Pantry, Storage, All Bedrooms Down, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Doors: Sliding Doors
    • Windows: Blinds, Drapes
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,119 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete, Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, RV Access/Parking
    • Attached garage spaces: 2
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Deck
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: Above Ground, Private
    • Has spa: Yes
    • Spa features: Above Ground, Private
    • Fencing: Chain Link,Excellent Condition,Wood
    • Has view: Yes
    • View description: City Lights, Desert, Hills, Mountain(s), Neighborhood
    Lot
    • Size: 0.59 Acres
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 0596163030000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Clay
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Hiking
    Location
    • Region: Yucca Valley

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/25/2024Listing removed$625,000$295/sqft
    Source: HomeSmart #219112519 Report a problem
    8/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2024Listed for rent$3,000+100%$1/sqft
    Source: Zillow Rentals Report a problem
    7/8/2024Price change$625,000-3.8%$295/sqft
    Source: Greater Palm Springs Realtors #219112519 Report a problem
    6/5/2024Listed for sale$650,000+30%$307/sqft
    Source: Greater Palm Springs Realtors #219112519 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,487 +0.8%$510,000 +2%
    2024$7,431 +14.2%$500,000 +14.4%
    2023$6,508 +16.7%$436,968 +2%

    Find assessor info on the county website

    Neighborhood: 92284

    Nearby schools

    GreatSchools rating
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    $533,600
    2% more+ $10,672
    With Zillow Showcase(estimated)
    $544,272