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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
Listed by Debra Hanna CA DRE# 01473392 with DEBRA HANNA BROKER 909-528-2512

Overview

Active

Listed Sep 17, 2026

Updated 7 days 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
MLS provider logo

Listed by Debra Hanna CA DRE# 01473392 with DEBRA HANNA BROKER 909-528-2512

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/30/2026. 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 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/30/2026 at 7:50 PM UTC Last Checked: 7:50 PM UTC

 

 

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