111 S Mahan Street, Ridgecrest, CA 93555, Ridgecrest, 93555 - 5 bed, 6 bath

111 S Mahan Street
Ridgecrest, CA 93555
Property Price
SUMMARY
Analysis of 111 S Mahan Street, Ridgecrest, CA 93555 is currently available with a list price of $3,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ridgecrest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2011, this property is described as a 'rare masterpiece' showcasing 'unparalleled craftsmanship' and 'modern luxury.' The chef's kitchen boasts top-tier Viking and Sub-Zero appliances, and the bathrooms are described as 'luxurious en-suites.' Significant recent updates include a 'completely remodeled cottage' and a 'restored train car with new heating and cooling system,' along with a 'fully paid solar system.' These features, combined with the high-end materials and meticulous maintenance implied by the description, indicate a property that meets current quality standards with virtually no deferred maintenance, aligning with an excellent condition despite its 13-year age.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 76230, living area = 8304.
- Unparalleled Luxury & Craftsmanship
The estate is described as a 'rare masterpiece' with 'timeless elegance, modern luxury, and unparalleled craftsmanship,' featuring high-end materials and custom details throughout, including an $800,000 perimeter wall.
- Extensive Resort-Style Amenities
Boasts a gourmet chef's kitchen with Viking and Sub-Zero appliances, a dedicated media room, luxurious library, resort-style rock pool with waterfall and slide, and a massive 10-car garage, offering a comprehensive luxury lifestyle.
CONSRISKS & DEFICIENCIES
- Niche Market & Location Constraints
Situated in Ridgecrest, a market not typically associated with multi-million dollar luxury estates, which may significantly limit the pool of potential high-net-worth buyers for a property of this scale and price point.
- High Ongoing Maintenance & Operating Costs
The expansive 8,304 sqft property on a 1.75-acre lot with extensive landscaping, multiple structures, and complex features will incur substantial ongoing maintenance, utility, and insurance expenses.
- Market Acceptance of Price Point
Despite the stated replacement cost, the $3.5 million list price represents a significant premium over recent sales in the area, potentially posing challenges for market acceptance and appraisal in the Ridgecrest market.
About 111 S Mahan Street
A Rare Masterpiece: The Grand Manor, one of the most extraordinary estates on the market, is a true statement of luxury and craftsmanship. The cost to recreate this property today would be several million dollars more than its listing price, with the perimeter walls alone valued at nearly $800,000. Beyond custom-crafted iron gates, a gracefully lit circular driveway winds through lush landscaping and serene water features, setting the stage for the breathtaking elegance that awaits. Step through massive Tuscan-style double doors into an expansive living room featuring soaring ceilings, a grand fireplace, and floor-to-ceiling windows overlooking the showstopping rock pool with a cascading waterfall and exhilarating slide. For the culinary enthusiast, the chefs kitchen is a dream, equipped with top-tier Viking stainless steel appliances, a Sub-Zero refrigerator, dual sinks, and an oversized pantry. The adjacent spacious family room is both inviting and elegant, anchored by a striking brick fireplace and bathed in natural light. A dedicated media room with built-in cabinetry and surround sound wiring completes the entertainment experience. This estate boasts five luxurious en-suite bedrooms, including two grand primary suites. The distinguished library/office is a work of art, featuring rich mahogany paneling, a stately fireplace, and an impressive hearth. Even the laundry room is thoughtfully designed, complete with a custom dog-washing station. Car collectors will appreciate the expansive oversized 10-car garage, while outdoor enthusiasts will revel in the stunning backyard retreata sprawling brick patio, sparkling pool, outdoor bathroom, and impeccably manicured grounds. Plus, with the massive fully paid solar system, sustainability meets sophistication. Adding to its unique appeal, there is a completely remodeled cottage that provides an ideal space for extended family or a lucrative Airbnb opportunity. As a rare and whimsical bonus, the estate includes a charmingly restored train carcomplete with a bathroom, new heating, and cooling system, offering a truly one-of-a-kind touch to this magnificent property. The Grand Manor is more than a homeits a legacy. Experience timeless elegance, modern luxury, and unparalleled craftsmanship in one of the most remarkable properties in the state. Perfect fit for Hospitality groups, Event or Production Companies or Luxury Event Services.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2011
- Lot Size
- 76,230 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 6.0 | 2.0 | 96% |
| Square foot | 8,304 | 1,525.5 | 96% |
| Lot Size | 76,230 | 8,069 | 92% |
| Price | $3.50M | $250.0K | 96% |
| Price per sq ft | $421 | $164 | 96% |
| Built year | 2011 | 1975 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 355 | 218 | 92% |
Pricing History
Listed for Sale
Mar 17, 2025
$3,500,000
Initial Listing
Sold
Jun 16, 2023
$1,450,000
Public Record
Sold
May 20, 2022
$1,300,000
Public Record
