
Apple Valley, California 92308
This Multi-Unit Residential Property is a Strong Value Opportunity, listed at $495,000—positioned slightly above the $471,663 Fair Market Value. While the list price reflects a premium, the property offers significant utility through its Two Homes on One Lot configuration, providing excellent potential for rental income or multi-generational living. With a Good Condition Rating and recent 2023 upgrades including a New Roof and Septic System, this asset minimizes immediate capital expenditure. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11852 Jamacha Road Subject | $495,000* List Price | 4 | 3 | 2,248 | $210 | - |
A 11679 Winterhawk Way Sold | $510,000 | 3 | 2 | 2,327 | $219 | 0.8 mi |
B 12320 Waynoka Sold | $415,000 | 3 | 2 | 1,451 | $286 | 0.6 mi |
C 11875 Morning Star Active Under Contract | $430,000 List Price | 4 | 2 | 2,005 | $214 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1990, the property has been very well-maintained with major system updates including a new roof and septic tank (2023), tankless water heater (2020), and electrical panel (2017). The interior features move-in ready laminate flooring and stainless steel appliances, placing it firmly in the 'Good' category due to the 5-15 year age of several key renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17859, living area = 2248.
The property features two separate homes on a single lot, providing an exceptional opportunity for multi-generational living or potential rental income to offset the mortgage.
Significant capital improvements including a new roof (2023), new septic tank (2023), tankless water heater (2020), and solar panels offer the buyer reduced maintenance costs and improved energy efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17859, other record lot size in square feet = 18000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2248, other record living area = 1848. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local schools assigned to this address, specifically Sandia Elementary and Mariana Academy, have very low performance ratings (1 and 2 respectively), which may impact long-term resale value to families.
The property relies on a septic system rather than a municipal sewer connection, which requires ongoing owner maintenance and may be a drawback for buyers preferred to urban infrastructure.
Two homes on one lot! The main home welcomes you through a spacious double door entry into an open layout connecting the living room, dining area, and kitchen. Pony walls provide separation while maintaining an open and functional flow. A step-down family room features a wood burning fireplace insert. The kitchen and dining area offer plenty of space for everyday living and gatherings, and the bedrooms are comfortably sized. Interior features include an indoor laundry room located just off the attached two car garage. The home has seen many updates over the years including windows and exterior doors replaced in 2016, electrical panel replaced in 2017, tankless water heater installed in 2020, laminate flooring, stainless steel appliances, updated fascia, patio cover, solar, and a new roof installed in 2023, water softener, septic tank in 2023. The guest home offers a functional layout, carpet and vinyl flooring, central heat and air, a full bathroom, and a walk in closet. The property sits on a fully fenced and cross fenced lot with a drive gate, low maintenance rock landscaping in the front, additional parking in the back, and a detached RV.
No exterior & parking available.
Grades K-6 • 2.3 mi
Grades K-8 • 0.3 mi
Grades K-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,248 | 1,674 | 78% |
| Lot Size | 17,859.6 | 18,106.5 | 39% |
| Price | $495.0K | $412.5K | 75% |
| Price per sq ft | $220 | $237 | 31% |
| Built year | 1990 | 1994 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 178 | 1% |
May 19, 2026
$495,000
Initial Listing
Apr 18, 2023
$434,000
Public Record
Apr 30, 2014
$181,000
Public Record