La Rancheria, California, Carmel Valley, 93924 - 3 bed, 3 bath
Loading property details...
California
Analysis of La Rancheria, California is currently available with a list price of $1,697,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1957 and described as a 'diamond in the rough,' the property requires substantial rehabilitation. Images and description indicate original, outdated kitchen and bathroom fixtures, weathered redwood siding, a non-functional pool, and significant deferred maintenance including site debris from a construction business.
The property features three acres of gently sloping, oak-studded land, offering rare versatility for equestrian use, car storage, or additional development in the prestigious La Rancheria area.
A substantial 55x19 stable with three stalls, a tack room, and an office provides excellent existing infrastructure for a workshop, professional office, or horse facilities.
With an open floor plan, separate guest quarters, and the ability to increase square footage by enclosing the patio, this 'diamond in the rough' offers a strong foundation for a high-end renovation.
The property is in need of significant repair and cleanup, including the removal of construction equipment and inventory, to return the home and 40x18 pool to their former luster.
Built in 1957, the residence likely requires comprehensive updates to its original systems, finishes, and exterior redwood siding to meet modern luxury standards.
Prestigious La Rancheria. Three acres of gently sloping all usable oak studded land for horses, possible car barn, or a getaway to the Carmel Valley sun. The ranch style home has two wings separated by a patio featuring a gable shake roof, redwood siding, and an adobe faced entrance. The living, dining, and kitchen area has an open floor plan with a large brick fireplace. The patio area can be enclosed to increase square footage and expand into another wing. The MBR is 20x14 and the one-bedroom guest quarters are on the lower level with a separate entrance, wet bar, and full bath. The 55x19 wood framed, gable roof, redwood sided stable with additional overhang is presently used as a workshop. It has 3 stalls, a tack room, and an office. The owners family has old equipment, inventory, and storage on the site from a construction business. Bring your imagination and see how this resort setting with a 40x18 pool can be returned to its luster. This is a diamond in the rough.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,807 | 2,232 | 39% |
| Lot Size | 132,422 | 47,480 | 81% |
| Price | $1.70M | $1.53M | 65% |
| Price per sq ft | $939 | $688 | 87% |
| Built year | 1957 | 1977 | 16% |
| HOA | $475.0 | $0 | 71% |
| Days on market | 1258 | 208 | 0% |
Nov 11, 2022
$1,697,000
Initial Listing