1020 S Farragut, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
Loading property details...
Ridgecrest, CA 93555
This Modern Single Family Residence is a High-Potential Investment Opportunity, listed at $298,000—positioned well below the $359,784 Fair Market Value by 17%. This valuation gap offers $61,784 in Instant Equity. Built in 2011, the property maintains a Good Condition Rating and features a Granite Kitchen and open-concept layout. Its proximity to the Naval Air Weapons Station China Lake ensures strong demand. This is 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 | $298,000* List Price | 3 | 2 | 1,634 | $220 | - |
A 400 Vista Street Sold | $253,000 | 3 | 2 | 1,331 | $190 | 0.8 mi |
B 1301 W Willow Active | $280,000 List Price | 3 | 2 | 1,517 | $185 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this 15-year-old property falls squarely into the 'Good' category (10-20 years). The home features modern amenities like granite countertops and an open-concept layout, appearing well-maintained and move-in ready with no immediate signs of deferred maintenance.
Built in 2011, this property is significantly newer than much of the surrounding inventory, offering modern building standards, better energy efficiency, and contemporary architectural appeal.
The home features an open-concept layout with soaring ceilings and a kitchen equipped with granite countertops, providing a sophisticated and move-in-ready environment.
Conveniently located near the Naval Air Weapons Station China Lake, this home is ideally positioned for military personnel and defense contractors, ensuring strong resale and rental demand.
With a lot size of approximately 6,098 square feet, the outdoor space is relatively compact for the Ridgecrest area, which may limit buyers seeking expansive desert acreage.
The listing price shows a notable increase from its 2023 sale price of $285,000, which could lead to appraisal challenges or tighter margins for short-term investors.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,634 | 1,579.5 | 58% |
| Lot Size | 6,098 | 8,010 | 33% |
| Price | $298.0K | $282.9K | 50% |
| Price per sq ft | $182 | $181 | 50% |
| Built year | 2011 | 1983 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 295 | 8% |
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