63020 Two Mile Rd - 2 UNIQUE Homes- 10% CAP + growth potential 2,360 SF Specialty Building Offered at $1,862,119 CAD at a 10% Cap Rate in Joshua Tree, CA 92252

A unique proven, cash-flowing ($203K revenue) hospitality compound in the Joshua Tree desert. Approx 10% CAP. Perfect for 1031 and bonus deprecation. Set on 7+ acres just 2.5 miles from Downtown Joshua Tree & 8 miles fr National Park West Entrance, this offering includes two architecturally distinctive hangar-style homes: Moon themed "Desert Moon" and spaceship themed "Starship Base", both new builds (2021/2023) operating as top-rated short-term rentals w/ $203,000 in documented trailing-year revenue and approx $135,000 in net operating profit. Each hangar is approx 1160 sqft 2/2B, 20 ft ceilings, dramatic 15 ft window walls framing desert/mountain views, two king ensuite bedrooms, immersive themed interiors, custom space pods and stargazing lofts, fully 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 — a build quality that delivers exceptional energy efficiency (reflected in the 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 the "top 10% of eligible listings."
Beyond current income, the upside is substantial!
1. Properties have been marketed exclusively on a single booking channel; expansion to Vrbo, Booking.com, direct booking, and corporate/retreat/wellness channels represents UNTAPPED DEMAND.
2. The 7.5-acre parcel may offer a potential subdivision for an ADDITIONAL LOT AND HOME(S) but buyer to verify feasibility w/ San Bernardino County Land Use Services.
3. Luxury repositioning — WELLNESS upgrades, pool heating or changing to an in-ground, and complete design refresh (See AI renderings).
All 3 options offer a clear path to HIGHER ADRs in a market where unique stays and wellness focused spaces now command significant premiums.
Offered fully furnished and turnkey with operating history and revenue documentation. This is a unique new construction, dual-unit compound with this performance history, land position, and growth strategy.
*agent related to owner.