
Apple Valley, California 92307
This Dual-Residence Income Property is a High-Potential Investment Opportunity, listed at $775,000—positioned above the $687,407 Fair Market Value by 12%. While priced above current estimates, the property offers unique utility through its two independent homes, 1-acre lot, and equestrian infrastructure. With a Condition Rating of 4, the original finishes provide a canvas for cosmetic upgrades to drive future appreciation. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants pursuing multi-generational living arrangements.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old and features original finishes. While the home is exceptionally well-maintained and move-in ready, the kitchen and bathrooms are dated with early-2000s oak cabinetry, tile countertops, and white appliances, fitting the criteria for a property over 20 years old needing cosmetic updates.
The property features two fully independent homes with separate utility meters, offering a rare opportunity for multi-generational living or significant rental income potential.
Equipped with a 30-amp workshop, a metal RV garage with 50-amp service and full hookups, and equestrian facilities, the property caters perfectly to specialized lifestyles.
The one-acre lot is fully fenced and cross-fenced with mature fruit trees and a complete drip irrigation system, providing a turnkey outdoor environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3355, other record living area = 2163. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property is zoned for several schools with low ratings, including a middle school rated 1/10, which may be a concern for families prioritizing education.
Despite the large lot size in the Apple Valley area, the property does not offer the mountain or desert vistas often sought after in this region.
Exceptional opportunity to own a unique one-acre, fully fenced and cross-fenced property featuring two separate homes—perfect for multi-generational living, rental income, or anyone seeking space, flexibility, and functionality. The beautiful, well-maintained main residence offers 2,163 square feet with three bedrooms and two bathrooms. This inviting home features a bright open-concept floor plan with high ceilings, ceiling fans throughout, a cozy fireplace, and an open den that flows seamlessly into the kitchen. The kitchen offers a breakfast bar, a charming dining nook, and beautiful bay windows overlooking the backyard. All bedrooms feature walk-in closets, while the spacious primary suite includes a relaxing garden tub. The junior primary bedroom is generously sized and has private access to the shared bathroom. Enjoy outdoor living under the covered patio, and take advantage of the attached three-car garage with 50-amp electrical service. The second residence offers 1,199 square feet with two bedrooms and one bathroom. It features a full kitchen, formal sitting room, spacious family room, and its own utility meters, private fenced yard, and storage shed—making it ideal for extended family, guests, or rental opportunities. The outdoor amenities make this property truly exceptional. Beautiful desert landscaping is complemented by mature fruit trees and a complete drip irrigation system throughout the property. Equestrian enthusiasts will appreciate the corral, while hobbyists will enjoy the workshop equipped with 30-amp power, a drill press, and additional machinery. The property also includes a storage shed and a metal RV garage with 50-amp service, full RV hookups, and convenient side-gate access. This one-of-a-kind Apple Valley property offers endless possibilities with room to live, work, entertain, and grow. Schedule your private showing today and experience everything this exceptional property has to offer!
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-6 • 1.3 mi
Grades K-6 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 6.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 3,355 | 2,939.125 |
| Lot Size | 43,560 | 21,000 |
| Price | $775.0K | $619.4K |
| Price per sq ft | $231 | $214 |
| Built year | 2003 | 1975 |
| HOA | $0 | $0 |
| Days on market | 39 | 106 |
Aug 1, 2026
$775,000
Initial Listing
Aug 1, 2003
$195,000
Public Record