
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.
Discover the possibilities of this versatile one-acre Apple Valley property with two separate residences, extensive outdoor amenities, and space for multigenerational living, guests, or potential rental income. The well-maintained main home offers 2,163 square feet with three bedrooms and two bathrooms. High ceilings and an open-concept layout create a bright, welcoming atmosphere, while a cozy fireplace and ceiling fans throughout add comfort. The open den connects naturally to the kitchen, which features a breakfast bar and a charming dining nook with bay windows overlooking the backyard. Each bedroom includes a walk-in closet. The spacious primary suite offers a garden tub, and a generously sized secondary bedroom has private access to the shared bathroom. A covered patio extends the living space outdoors, and the attached three-car garage includes 50-amp electrical service. The second home offers 1,199 square feet with two bedrooms, one bathroom, a full kitchen with a pantry, a formal sitting room, and a spacious family room. Separate utility meters, a private fenced yard, and a storage shed offer added convenience and flexibility. Fully fenced and thoughtfully landscaped, the grounds feature desert landscaping in the front and back, mature fruit trees, and a property-wide drip irrigation system. Horse enthusiasts will appreciate the corral and access to nearby riding trails. The workshop includes 30-amp power, a drill press, and additional machinery, providing space for hobbies and projects. A storage shed and metal RV garage with 50-amp service, full RV hookups, and convenient side gates. With much more to offer, don't miss your opportunity to own a property like this. Schedule a showing today!
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 | $769.0K | $626.9K |
| Price per sq ft | $229 | $209 |
| Built year | 2003 | 1975 |
| HOA | $0 | $0 |
| Days on market | 84 | 97 |
Oct 1, 2026
$769,000
$775,000
-1% Price Drop
Initial Listing
Aug 1, 2026
$775,000
Initial Listing
Aug 1, 2003
$195,000
Public Record