💰 $203K Revenue + $132K NOI on This Joshua Tree STR Compound
🌵 $1.349M for TWO proven STRs with ~9.8% NOI yield, 475+ reviews, hot tubs + 7.5 acres.
Alex Veytsman
September 30, 2026
🌵 $203K Revenue + $132K NOI on a $1.349M Joshua Tree STR Compound
💰 Joshua Tree, CA • $1.349M • $203K 2025 Gross Revenue • ~$132K NOI • ~9.8% NOI Yield • TWO STR Homes • 475+ Reviews • Hot Tubs • 7.5 Acres
📩 Interested?
💰 $203K Gross Revenue + ~$132K NOI
This isn't one Joshua Tree STR.
It's a 7.5-acre compound with two separate, architecturally distinctive short-term rentals, both already operating with substantial revenue histories.
In 2025, the two properties reportedly generated:
$203,000 Gross Revenue
And approximately:
$132,000 NOI
Against the $1.349M asking price, that's an approximately 9.8% NOI yield, plus a ~15.0% gross revenue-to-price ratio.
And with 475+ combined reviews and 4.96/4.97 ratings, these aren't newly launched rentals still trying to establish themselves.
🏡 The Asset + Investment Story
63020 Two Mile Rd, Joshua Tree, CA 92252
💰 Price: $1,349,000
💵 2025 Gross Revenue: ~$203,000
💸 Reported NOI: ~$132,000
📊 NOI Yield: ~9.8%
📈 Gross Revenue / Price: ~15.0%
🏡 TWO Separate STR Homes
🛏️ 4 Bedrooms Total
🚿 4 Bathrooms Total
📐 ~2,320 Total Sq Ft
🌵 7.5 Acres
⭐ 475+ Combined Reviews
🏆 4.96 + 4.97 Guest Ratings
♨️ Private Hot Tub at Each Home
🏊 Seasonal Above-Ground Pools
🔥 Private Fire Pits + Outdoor Dining
💧 Municipal Water + Grid Power
📍 2.5 Miles From Downtown Joshua Tree
🏜️ 8 Miles From Joshua Tree National Park's West Entrance
The thesis here is particularly interesting: acquire two proven STRs on one large parcel producing ~$132K of reported NOI, while retaining several potential avenues for future growth.
🚀 Two STRs With 475+ Reviews
The property includes two separate hangar-style homes: Desert Moon and Starship.
Each is approximately 1,160 square feet with two bedrooms and two bathrooms, dramatic 20-foot ceilings and 15-foot window walls overlooking the surrounding desert and mountains.
Both have two king ensuite bedrooms, immersive themed interiors, stargazing lofts, private fenced backyards, hot tubs, seasonal pools, fire pits and outdoor dining.
The guest history is equally impressive: 475+ combined reviews with ratings of 4.96 and 4.97. Desert Moon reportedly holds Airbnb Guest Favorite status, while Starship is ranked in the top 10% of eligible Airbnb listings.
📈 Multiple Potential Upside Plays
What's interesting is that the existing ~$203K revenue comes from an operation the listing says is marketed exclusively on Airbnb.
That creates several potential growth avenues:
1. Expand Distribution — add Vrbo, Booking.com, direct booking and potentially corporate, retreat or wellness demand.
2. Explore the 7.5 Acres — the listing suggests there may be potential for subdivision and additional development, subject to San Bernardino County approvals and buyer verification.
3. Push Further Into Luxury + Wellness — potential additions include a sauna, red-light therapy, upgraded/heated pools and further design improvements.
None of those are necessary to inherit the existing business, but they provide possible paths to increase ADR and revenue over time.
🏗️ Built for Lower-Maintenance Desert Ownership
Both homes use steel construction, closed-cell spray-foam insulation and commercial-grade roofing membranes, designed for durability and energy efficiency in the desert environment.
Another meaningful advantage: municipal water and grid electricity.
There's no well, water hauling or fully off-grid infrastructure to manage.
Both units also reportedly hold active San Bernardino County STR registrations, though buyers should confirm current status and transfer/continuation requirements.
💸 Financing
With $203K in reported 2025 gross revenue and approximately $132K of NOI, this is the type of established STR asset that may be worth discussing with a lender familiar with vacation-rental income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
📍 Looking for an STR? Get Connected With Our Local STR Agent Partners
We've developed new relationships with STR-specific agents and agent teams in some of the best short-term rental markets in the country.
These partners specifically understand STR investors—from identifying the right pockets and properties to understanding local regulations, revenue potential and the amenities that help drive bookings.
Looking in one of these markets? Get connected directly with our local STR agent partner:
🌴 Tampa / Orlando — Theme park tourism
⛰️ Smoky Mountains — National park traffic
🤠 Houston / Galveston — Big-city demand
🎸 Nashville — Bachelorette capital of the U.S.
🌄 Blue Ridge — Mountain getaway charm
🍂 Shenandoah Valley — Scenic mountain escapes
🏜️ Sedona & Scottsdale — Desert luxury + year-round sunshine
🌵 Phoenix — Desert sunshine + major event demand
🏔️ Asheville — Mountain charm + year-round tourism
🌴 South Florida — Beaches + year-round sunshine
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
📍 Market Selection
🔎 Property Search
📊 Deal Underwriting
🎨 Design + Furnishing
🔥 Revenue-Driving Amenities
⚙️ Launch + Operations
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help deciding where to buy, which property to choose, what it could generate or how to design and amenity it, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $203K Gross + ~$132K NOI — approximately a 9.8% NOI yield at the current asking price.
🏡 Two Proven STRs — two independent rental products on one 7.5-acre property.
⭐ 475+ Reviews — with exceptional reported guest ratings of 4.96 and 4.97.
♨️ Private Amenities — each home gets its own hot tub, seasonal pool, fire pit and outdoor space.
📈 Potential Upside — currently marketed only on Airbnb, with additional channels, wellness upgrades and potential land development to explore.
🔑 Turnkey — fully furnished with operating history and revenue documentation.
⚡ Bottom Line
$1.349M. $203K Gross Revenue. ~$132K NOI. ~9.8% NOI Yield. TWO STRs. 7.5 Acres.
The existing economics are already compelling: two established STRs producing $203K in reported gross revenue and approximately $132K of NOI, with 475+ combined reviews and near-perfect guest ratings.
But what makes this one particularly interesting is that you're also buying 7.5 acres, two separate guest experiences and several potential paths for future growth—from additional booking channels and wellness amenities to possible future development.
For an investor looking for a turnkey Joshua Tree compound with meaningful existing cash flow plus room to expand, this is a particularly unusual offering.
📩 Interested in This Property?
