1220 Perkins Road, NEW CUYAMA, CA 93254, NEW CUYAMA, 93254 - 3 bed, 2 bath
1220 Perkins Road
NEW CUYAMA, CA 93254
Property Price
SUMMARY
Analysis of 1220 Perkins Road, NEW CUYAMA, CA 93254 is currently available with a list price of $980,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the NEW CUYAMA 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 move-in ready.
Built in 2008, the property is approximately 16 years old and appears well-maintained and move-in ready. The interior features clean carpeting and walls, and while some fixtures like the ceiling fans are slightly dated in style, they are functional. The exterior includes a large, high-quality metal shop and well-kept grounds, fitting the criteria for a property that is functional and within its expected system lifespans without needing immediate renovation.
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 = 4356000, living area = 2040.
- Expansive 100-Acre Lot
The massive 100-acre AG-zoned parcel provides immense privacy and versatile opportunities for large-scale agricultural use, ranching, or land investment.
- Superior Outbuildings
The property features a detached two-car garage and a massive shop with a loft and roll-up doors, offering exceptional storage and workspace for equipment and projects.
CONSRISKS & DEFICIENCIES
- Remote Geographic Location
Located in New Cuyama, the property is isolated from major metropolitan areas, which may pose challenges for commuting and access to comprehensive retail or medical services.
- Recent Market Depreciation
The property's current list price of $980,000 is a notable decrease from its 2022 sale price of $1.2M, suggesting a correction in local market value or previous overvaluation.
- Niche Buyer Appeal
The combination of high acreage, proximity to a small airport, and rural setting limits the pool of potential buyers to a very specific demographic, potentially increasing days on market.
About 1220 Perkins Road
Unique opportunity to own this 100 acre ranch. This AG zoned property offers a prime location; just a short distance out of New Cuyama, just past the New Cuyama airport. 2040 sq ft home with 3 bedrooms, two full bathrooms, large walk-in pantry, spacious laundry room, fenced yard, cross fenced pastures, fruit trees and views!!!! The large attic space is not included in square footage. There is a detached two-car garage, as well as a huge shop with a loft and roll-up doors for all your storage and project needs. Some photos have been edited from previous listing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 4,356,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,040 | 1,560 | 80% |
| Lot Size | 4,356,000 | 10,454 | 80% |
| Price | $980.0K | $275.0K | 80% |
| Price per sq ft | $480 | $188 | 80% |
| Built year | 2008 | 1952 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 459 | 195 | 80% |
Pricing History
Listed for Sale
Dec 3, 2024
$980,000
Initial Listing
Sold
May 18, 2022
$1,200,000
Public Record
Sold
Apr 7, 2016
$560,000
Public Record