
Ridgecrest, CA 93555
This Modern 2006-Built Residence is a High-Potential Investment Opportunity, listed at $280,000—positioned well below the $291,948 Fair Market Value by 4%. This valuation gap offers $11,948 in Instant Equity for buyers willing to manage cosmetic updates. While currently in Fair Condition with worn flooring, the home features a desirable open-concept layout, mountain views, and a private patio. Its proximity to Naval Air Weapons Station China Lake ensures consistent rental demand. This property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1301 W Willow Subject | $280,000* List Price | 3 | 2 | 1,517 | $192 | - |
A 400 Vista Street Sold | $253,000 | 3 | 2 | 1,331 | $190 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006, the property is approximately 18 years old, placing it at the edge of the 'good' and 'fair' categories. However, the interior shows significant wear and tear that justifies a 'fair' rating. The kitchen features updated stainless steel appliances, but the cabinetry is scuffed and one unit is missing a door or drawer front. The carpets in the living areas and bedrooms appear worn and stained, and the use of a portable AC unit in the bedroom suggests the central cooling system may be inadequate for the desert climate. The property is functional but requires minor repairs, new flooring, and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7425, living area = 1517.
The property is situated just minutes from the Naval Air Weapons Station China Lake, making it an ideal residence for military personnel and a high-demand asset for rental investors.
Built in 2006, this home features a contemporary open-concept floor plan, a private primary suite, and a cozy fireplace, offering a more updated living experience than many older homes in the area.
Located in the high desert, the property is subject to intense summer heat, which can lead to significantly higher seasonal utility costs for cooling the 1,517-square-foot interior.
While the 7,425-square-foot lot is functional, it may lack the expansive acreage and seclusion often sought by buyers looking for a more traditional rural desert lifestyle.
Aggressively priced to sell fast, this beautiful 3-bedroom, 2-bath home in Ridgecrest offers the perfect blend of comfort, value, and location. Built in 2006, the home features a spacious open layout with a cozy fireplace and a bright kitchen ideal for everyday living and entertaining. The private primary suite and well sized secondary bedrooms provide flexibility for families, guests, or a home office. Situated on a generous lot with a patio area perfect for relaxing or hosting gatherings. Conveniently located near shopping, dining, and everyday essentials along North China Lake Boulevard. Just minutes from Naval Air Weapons Station China Lake, making it an excellent opportunity for first time homeowners or investors. Opportunities at this price point are rare schedule your showing before it’s gone!
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 | 1,517 | 1,519.5 | 50% |
| Lot Size | 7,425 | 7,840.4 | 35% |
| Price | $280.0K | $250.0K | 65% |
| Price per sq ft | $185 | $177 | 65% |
| Built year | 2006 | 1978 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 259 | 5% |
Mar 5, 2026
$280,000
Initial Listing
May 26, 2023
$30,000
Public Record
May 9, 2018
$199,000
Public Record
Mar 14, 2013
$137,000
Public Record
Jan 2, 2009
$200,000
Public Record
Sep 11, 2007
$50,000
Public Record
Jul 29, 2005
$5,000
Public Record