
Helendale, California 92342
This waterfront property presents a Strong Value Opportunity with a List Price of $329,000—positioned well below the $346,803 Fair Market Value by 5%. This valuation gap offers $17,803 in Instant Equity for buyers. Featuring a Condition Rating of 5, this total rehab project requires significant capital investment to modernize. With unobstructed panoramic lake views and proximity to local schools, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a major renovation asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14477 Lighthouse Subject | $329,000* List Price | 3 | 2 | 2,792 | $124 | - |
A 26570 Spar Lane Sold | $265,000 | 4 | 3 | 2,158 | $123 | 0.9 mi |
B 27853 Evergreen Lane Sold | $360,000 | 4 | 3 | 2,510 | $143 | 0.8 mi |
C 14932 Shady Elm Lane Active | $389,000 List Price | 4 | 3 | 2,764 | $141 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (38 years old), the property is explicitly described as a 'total rehab project' and 'fixer' sold strictly as-is for cash only, indicating significant deferred maintenance and the need for a complete overhaul of the kitchen, baths, and systems.
Situated directly on North Lake, this property offers highly desirable lakefront access and scenic views, which are premium features in the Helendale market.
With nearly 2,800 square feet of living space and a competitive list price, this home provides a substantial footprint for investors to maximize equity through a comprehensive renovation.
Residents benefit from the Silver Lakes association amenities and close proximity to local elementary and middle schools, enhancing the long-term lifestyle appeal.
Described as a total rehab project, the property requires significant capital investment and construction oversight to bring it to a habitable and modern standard.
The requirement for a cash-only purchase and an 'as-is' sale excludes buyers relying on traditional financing, narrowing the potential pool of purchasers.
NORTH LAKE. Waterfront fixer with limitless potential! Three bedrooms, two baths, this home is a total rehab project. Perfect for cash buyers or investors looking for a major project on the water. Sold strictly AS-IS, cash only, without warranties, expressed or implied. Buyer to do own due diligence. Silver Lakes offers many amenities.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 15.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,792 | 1,560 |
| Lot Size | 7,920 | 8,400 |
| Price | $329.0K | $362.6K |
| Price per sq ft | $118 | $207 |
| Built year | 1988 | 1987 |
| HOA | $258.5 | $235 |
| Days on market | 5 | 78 |
Jul 17, 2026
$329,000
Initial Listing
Jun 21, 2001
$243,500
Public Record