This $18 million Invisible House is the most expensive listing in Joshua Tree — and it’s already a money-maker
One of Airbnb’s most wish-listed properties in 2023 is on the market.
The Joshua Tree, California-home is on the market at an asking worth of $18 million, making it the most expensive house to ever hit the market in the city situated about two hours southeast of Los Angeles in San Bernardino County.
The record-breaking listing is referred to as the Invisible House named for its mirror-clad facade which displays the desert environment and can successfully disappear into the rocky panorama.
The Invisible House’s mirror-clad facade creates the phantasm of the house disappearing into the desert panorama.
Brian Ashby
The trendy glass structure is located on 67.5 acres simply steps away from the Joshua Tree National Park. The residing house spans virtually 5,500 sq. ft with three bedrooms, 4 baths and a 100-foot indoor pool, in keeping with the sale listing.
“This is one in every of the coolest homes in the world,” stated co-listing agent Aaron Kirman, CEO of AKG Christie’s International Real Estate.
Kirman advised CNBC the $18 million listing is all about show-stopping trendy structure and the phantasm created by the 10,500 sq. ft of wrap-around mirrored glass on the house’s exterior.
The house was designed by movie producer and present proprietor, Chris Hanley, and Frank Gehry-collaborator, architect Tomas Osinski. The glass-and-steel construction is 225 ft lengthy, 25 ft vast and 21 ft tall.
Inside, there are clean concrete flooring and metal beams that criss-cross 12-foot ceilings. Those partitions of mirrored-glass on the house’s exterior are clear from the inside and they ship panoramic views of a rock-filled panorama. The house’s west-facing wall of glass can slide open to disclose a symphony of boulders, tangled brush and stoic bushes.
The minimalist design surrounding the 100-foot indoor pool makes a swim throughout the lounge to one in every of the bedrooms much more lavish.
A view of the indoor pool and the panoramic views framed by floor-to-ceiling panels of glass.
Brian Ashby
Finding real-estate comps for such distinctive structure situated in a distant desert city with a inhabitants of simply 1000’s, is unimaginable, in keeping with Kirman.
“So let’s simply be clear, there are not any comps. We aren’t comping this home based mostly on Joshua Tree,” he stated.
According to co-listing agent Matt Adamo, the highest worth ever achieved for a house in Joshua Tree was $3.5 million. So a sale anyplace close to the Invisible House’s asking worth would shatter the native report.
The closest comps, Kirman stated, are houses by constructed Richard Neutra, John Lautner and Rudolph Schindler — “a few of the nice architects from the previous.”
The Invisible House’s mirrored facade reflecting the desert dawn.
Brian Ashby
The Invisible House’s $18 million price ticket quantities to virtually $3,300 per sq. foot, which places the Joshua Tree residence above a few of the priciest listings in Los Angeles — on a per-square-foot foundation — the place the prime 10% of all single household houses that bought throughout the first quarter averaged just below $2,400 a sq. foot, in keeping with the Elliman Report.
And even earlier than a potential sale, the trendy desert house, which has its own Instagram account and boasts about 35,000 followers, is already a money-maker.
The house is continuously rented out to visitors on Airbnb and for manufacturing shoots.
“In 2021, this home generated over $1.4 million in whole income,” Adamo advised CNBC, including about 15% of that got here from manufacturing.
The Invisible House in Joshua Tree, California is a mirrored 22-story horizontal skyscraper. Recently the distinctive property was listed on the market for $18 million.
Airbnb
The home’s Airbnb listing begins leases at $2,500 a night time and contains a small visitor home on the property. Adamo stated the charge for manufacturing is even greater, with previous leases incomes $1,000 an hour or as a lot as $12,000 for a full day.
Between these two rental avenues, the brokers advised CNBC the house has hosted fairly a few notable visitors together with musicians and actors like Ariana Grande, Demi Lovato, Lizzo, Diplo and The Weeknd, in addition to a lengthy record of social media influencers.
“When you do the math, you are shopping for vital structure, uniqueness, grounds, plus the means to become profitable on all of that,” Kirman stated.
In the 4 months since the house has hit the market, it hasn’t seen any takers, however each brokers are assured the record-breaking asking worth will ship the highest priced sale Joshua Tree has ever seen.
“I really feel like $18 million is 100% the proper worth,” stated Kirman.
“Don’t take a look at this as a home. It’s a piece of artwork, and take a look at what artwork sells for.”
Here’s a go searching the Invisible House:
Giant wind-worn boulders relaxation at the house’s entrance. Once inside guests are greeted by a dramatic 100-foot indoor pool.
The house’s west-facing glass wall slides open to the desert panorama.
Brian Ashby
Off the pool space and at the heart of the kitchen is an outsized island with high-end cabinetry crafted in Italy by Boffi.
The modern kitchen contains a marble-clad island with Italian-designed decrease cupboards, however no overhead cabinetry that may hinder the panoramic views.
Brian Ashby
The house’s two visitor rooms function king-sized beds raised on platforms of black and white striped marble which can be constructed into the wall.
A visitor bed room with a built-in marble platform and king-sized mattress.
Brian Ashby
Two caissons elevate the house’s main bed room excessive above the desert ground and ship dramatic panoramic views from a king-sized mattress that sits on a platform constructed fully of glass.
Listing agent Aaron Kirman (L) and CNBC’s Ray Parisi talk about the caissons that elevate the Invisible House’s main bed room above the desert ground.
CNBC
The main bed room’s open ground plan contains a stainless-steel rain bathe and king-sized mattress that sits on an all glass platform.
Brian Ashby
The room’s open structure contains an outsized soaking tub, floating double sinks and a stainless-steel rain bathe with a glass wall that frames a picturesque view.
The main bed room’s soaking tub and floating sinks.
Brian Ashby
The glass-encased bathe in one in every of the house’s visitor bedrooms.
Brian Ashby
The minimalist loos function showers clad in stainless-steel.
The visitor bed room’s minimalist ensuite bathtub contains cement flooring and a stainless-steel bathe.
Brian Ashby
The roof of the off-the-grid property is lined with 92 photo voltaic panels that retailer power in 3 Tesla batteries.
The rooftop of the Invisible House is outfitted with an array of photo voltaic panels that offer the house with electrical energy, warmth and scorching water.
CNBC
Steps away from the predominant residence is a one-bedroom, pre-fab visitor home with its personal kitchen and bathtub, bringing the property’s whole room rely to 4 bedrooms and 5 baths.
The Invisible House in the distance and its one-bedroom visitor home in the foreground.
CNBC