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14700 Heritage Way, Oro Grande, California 92368, Oro Grande, 92368 - 6 bed, 4 bath

14700 Heritage Way, Oro Grande, California 92368 home-pic-0
ACTIVE$599,000
14700 Heritage Way, Oro Grande, California 92368
6Beds
4Baths
3,548Sqft
1,742,400Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 1742400, living area = 3548.
Top Cons:
Significant Price Reduction & Seller Motivation: A recent $100,000 price drop and seller concessions indicate strong motivation to sell, which could suggest market resistance or initial overpricing.

Compared to the nearby listings

Price:$599.0K vs avg $297.5K (+$301,500)75%
Size:3,548 sqft vs avg 2,195.5 sqft75%
Price/sqft:$169 vs avg $14475%

More Insights

Built in 1983 (42 years old).
Condition: The main farmhouse underwent an extensive ground-up remodel two years ago at a cost of $250,000, making it 'practically new' as per the listing. The images confirm this, showing a modern kitchen with stainless steel appliances, new cabinetry, and contemporary countertops. Bathrooms also appear recently updated with modern fixtures and finishes. The living areas feature new hardwood flooring and updated lighting. While the property was built in 1983, the significant and recent renovation of the primary residence brings its condition to excellent, meeting current quality standards with no deferred maintenance. The second home's condition is not explicitly detailed or shown, but the overall property benefits greatly from the main home's extensive update.
Year Built
1983
Close
-
List price
$599K
Original List price
$700K
Price/Sqft
$169
HOA
-
Days on market
-
Sold On
-
MLS number
HD25228555
Home ConditionExcellent
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

A huge price reduction!! Seller just lowered $100K to sell fast. 40 ACRE OF LAND WITH FRUIT ORCHARD, 2 SEPARATE HOMES ( live in 1 and rent the 2nd )!! EACH HAS 3 BEDROOMS WITH 2 FULL BATHS. AND A DETACHED LARGE BARN!! The Main Farmhouse is about 2200 square feet with 2 car detached garage. This home went through a extensive ground up a $250,000.00 cost of remodeling 2 years ago and shows practically new. The 2nd home is about 1350 square feet with 2 cars attached garage. This property will qualify FHA, VA, and USDA Loans!! MOTIVATED SELLER WILL PAY BUYER CONSSESSIONS!! The history of the farmhouse began as the former Corrington Farm in 1950s, a small dairy with ~80 acres along the east side of the Mojave River, 6 miles north of Oro Grande. A barn, still functioning though subsequently modified to park tractors versus cows, served the dairy with its milking parlor and milk-house. This, along with a small Grainery building, and a masonry block chicken coop were the three outbuildings on the property. The original bungalow, which housed the high-desert Corrington family at the time of purchase in 1945, was removed in 1960 and was replaced with a modern California Ranch House complete.

Condition Rating
Excellent
The main farmhouse underwent an extensive ground-up remodel two years ago at a cost of $250,000, making it 'practically new' as per the listing. The images confirm this, showing a modern kitchen with stainless steel appliances, new cabinetry, and contemporary countertops. Bathrooms also appear recently updated with modern fixtures and finishes. The living areas feature new hardwood flooring and updated lighting. While the property was built in 1983, the significant and recent renovation of the primary residence brings its condition to excellent, meeting current quality standards with no deferred maintenance. The second home's condition is not explicitly detailed or shown, but the overall property benefits greatly from the main home's extensive update.
Pros & Cons

Pros

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 = 1742400, living area = 3548.
Expansive Land & Agricultural Use: The property boasts 40 acres of land, including a fruit orchard, offering significant space, privacy, and potential for agricultural or equestrian pursuits.
Dual Residences with Income Potential: Features two separate 3-bedroom, 2-bathroom homes, providing excellent flexibility for rental income, guest accommodations, or multi-generational living.
Extensively Remodeled Main Residence: The 2200 sqft main farmhouse underwent a $250,000 remodel two years ago, presenting a modern, 'practically new' primary dwelling.
Wide Financing Accessibility: The property qualifies for FHA, VA, and USDA loans, significantly broadening the potential buyer demographic and facilitating easier financing.
Functional Outbuildings & Scenic Views: Includes a large detached barn, adding practical utility, and offers scenic desert and mountain views, enhancing lifestyle appeal.

Cons

Significant Price Reduction & Seller Motivation: A recent $100,000 price drop and seller concessions indicate strong motivation to sell, which could suggest market resistance or initial overpricing.
Rural/Undefined Location: Located in Oro Grande with an 'MLS Area 699 - Not Defined,' implying a potentially remote setting that may not appeal to buyers seeking urban amenities or established communities.
Age of Secondary Home/Infrastructure: While the main home is updated, the overall property age (1983) and lack of specific remodel details for the second home suggest potential for older systems or maintenance requirements.

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