Home | San Bernardino County | Joshua Tree | 92252 | 63020 Two Mile Rd
MLS: CRIG26196228 | Status: Active | Price: $1,349,000
Beds/Baths: 4 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 4 | 4 | 2,320 | 7.055 | 2021 |
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-ma
| Field | Value |
|---|---|
| MLS # | CRIG26196228 |
| MLS Source | California Regional MLS |
| Days on Site | 37 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Kitchen | Other |
| Appliances | Built-in BBQ Grill, Dishwasher, Freezer, Garbage Disposal, Microwave, Other, Oven - Electric, Refrigerator |
| Fireplace | None |
| Laundry | None |
| Cooling | Other |
| Heating | Electric, Heat Pump, Other |
| Feature | Details |
|---|---|
| Foundation | Slab |
| Pool | Above Ground, Pool - Yes, Spa - Private |
| Style | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Private / Exclusive, Garage: 0 Car(s) |
| HOA Fee | $0 |
Debra Hanna
DEBRA HANNA BROKER
License #: 01473392
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Joshua Tree Elementary School | public | K-6 | 1.60 mi | 4 |
| Friendly Hills Elementary School | public | K-6 | 3.37 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 5725 Sunfair Rd | $1,350,000 | 3 | 3 | 1,170 | Active |
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This listing information is up-to-date as of September 30, 2026. For the most current information, please contact Debra Hanna.