1020 S Farragut, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
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Ridgecrest, CA 93555
This Modern Single-Family Residence is a High-Potential Investment Opportunity, listed at $285,000—positioned well below the $353,984 Fair Market Value by 19%. This valuation gap offers $68,984 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen and an open-concept layout built in 2011. Its proximity to China Lake ensures strong rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 S Farragut Subject | $281,000* List Price | 3 | 2 | 1,634 | $174 | - |
A 1120 S Yorktown Street Active | $225,000 List Price | 4 | 2 | 1,249 | $180 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this 15-year-old home is well within the 10-20 year 'Good' range. It features modern granite countertops, soaring ceilings, and an open-concept layout that remains functional and move-in ready with no visible maintenance issues.
Built in 2011, this property is significantly newer than much of the local inventory, offering modern building codes, better energy efficiency, and contemporary architectural design.
The home features a desirable open-concept layout with soaring ceilings, granite countertops, and an oversized primary suite, providing a premium feel at an accessible price point.
Its proximity to the Naval Air Weapons Station China Lake makes it an ideal residence for military personnel and contractors, supporting strong resale value and rental demand.
A price reduction from $298,000 to $285,000 within the first 18 days suggests the initial listing price may have exceeded current market appetite, requiring a more aggressive strategy to attract buyers.
At 6,098 square feet, the lot is relatively modest for the Ridgecrest area, which may limit buyers looking for extensive outdoor space or dedicated parking for large RVs and desert equipment.
DESERT GEM WITH MODERN CHARM Welcome to 1020 South Farragut Street in Ridgecrest — a stunning newer-built home that perfectly blends comfort, style, and space! This beautifully designed 3-bedroom, 2-bath home offers an open-concept layout with soaring ceilings, abundant natural light, and modern finishes throughout. The spacious kitchen features gorgeous granite countertops, ample cabinet space, and a seamless flow into the living and dining areas — perfect for entertaining guests or enjoying cozy nights at home. Retreat to the oversized primary suite complete with a walk-in closet and private bath designed for relaxation. Step outside to your private backyard oasis with endless possibilities for entertaining, BBQ nights, or simply enjoying peaceful desert sunsets. Conveniently located near shopping, dining, schools, and the Naval Air Weapons Station China Lake. Homes like this don’t last long! Whether you’re a first-time buyer, upgrading, or investing, this home is a must-see. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,634 | - |
| Lot Size | 6,098 | - |
| Price | $281.0K | $286.9K |
| Price per sq ft | $172 | $173 |
| Built year | 2011 | 0 |
| HOA | $0 | $0 |
| Days on market | 57 | 214 |
Jul 10, 2026
$281,000
$285,000
-1% Price Drop
Initial Listing
Jun 6, 2026
$285,000
$298,000
-4% Price Drop
Initial Listing
May 26, 2026
$298,000
Initial Listing
Aug 30, 2023
$285,000
Public Record
Nov 15, 2019
$238,000
Public Record
Nov 4, 2011
$169,000
Public Record