10877 Chamberlaine Way, Adelanto, California 92301, Adelanto, 92301 - 2 bed, 1 bath
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Adelanto, California 92301
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $254,500 Fair Market Value by 1.7%. This valuation gap offers $4,500 in Instant Equity. Featuring a Poor Condition Rating due to its 1950s vintage, the home requires a full rehab to modernize its systems. However, the nearly 1/2 acre fenced lot provides significant utility for RV or boat storage. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Property is extensive renovation needed.
Built in 1950, this 74-year-old structure significantly exceeds the 30-50 year threshold for major systems and structural components. While the listing mentions it is well-maintained and tenant-occupied, the lack of documented recent major renovations to the kitchen, bath, or HVAC/electric systems places it in the poor category, likely requiring a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19800, living area = 768.
Priced at $250,000, this property is a rare entry-level find in the High Desert market, offering a highly accessible price point for first-time buyers and budget-conscious investors.
The nearly half-acre lot provides significant outdoor space and versatility, including ample room for RV, boat, or truck parking, which adds substantial utility and value.
With only 768 square feet of living space, the compact 2-bedroom, 1-bathroom layout may be restrictive for larger families or those requiring more storage and living area.
Built in 1950, the home's age may necessitate more frequent maintenance or modern upgrades to systems and finishes compared to newer residential developments in the area.
***Come VIEW and MAKE an OFFER TODAY! VERY AFFORDABLE HOME located in Adelanto CA. This well-maintained property sits on a nearly 1/2 ACRE FENCED lot with plenty of room to stretch out and park your RV, boat, or trucks. In addition, the site is only a few blocks west of HWY 395 and not far from I-15 allowing for easy access to all of Southern CA, and newly built shopping centers, schools, and parks. Plus, mature trees provide tons of shade to keep things cool during the summer months, and there's even a shed for extra storage. Inside the cozy 2-Bedroom 1-Bathroom floor plan is laid out nicely with spacious living-room, galley style kitchen, and tile flooring. With not many listings priced under $300K in the High Desert, this is an ideal property for any first-time-buyer looking to finally become a home owner. Also, because a cooperative tenant currently occupies the home, there is the possibility of investors adding this asset to their portfolio for even more cash flow. A definite MUST SEE OPPORTUNITY before it's too late.***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 768 | 1,564 | 2% |
| Lot Size | 19,800 | 7,410.17 | 91% |
| Price | $250.0K | $395.0K | 7% |
| Price per sq ft | $326 | $253 | 92% |
| Built year | 1950 | 1997 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 173 | 2% |
May 20, 2026
$250,000
Initial Listing
Dec 30, 2019
$45,000
Public Record
Nov 26, 1997
$45,000
Public Record
Aug 19, 1996
$16,000
Public Record