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2,320 sqft

$1,349,000

63020 Two Mile Road, Joshua Tree CA, 92252

Price per sqft$581.47
Built in2021
Property size2,320 sqft
Property typeCommercial

Overview

Active

Listed Sep 17, 2026

Updated 3 weeks ago

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.

Additional information

MLS® ID
IG26203624

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
7.06 Acres

Other Property Details

Maintenance Expense
$1,120

Also listed on CLAW

Listed by Debra Hanna, DEBRA HANNA BROKER, CA DRE 01473392

Listing Contact: 909-528-2512 

Based on information from the CRISNet MLS as of 9/30/2026, 7:51 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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