
Lake Hughes, California 93532
This property presents a High-Potential Investment Opportunity with a List Price of $379,000—positioned well below the $382,413 Fair Market Value by 0.89%. This valuation gap offers $3,413 in Instant Equity. Featuring a Condition Rating of 5, the home requires significant modernization, offering a blank canvas for value-add renovations. Its unique loft-style primary bedroom and proximity to Lake Elizabeth provide strong appeal. This is a strategic acquisition ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14950 Littleboy Subject | $379,000* List Price | 3 | 2 | 1,336 | $286 | - |
A 14955 Elizabeth Lake Active | $450,000 List Price | 3 | 2 | 1,543 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (42 years old) with no mentioned renovations, the property exceeds the 30-year threshold for the 'poor' category. The listing explicitly states it is 'ready for your updates and vision,' indicating that the kitchen, baths, and likely the original systems require significant rehabilitation.
Situated just minutes from Lake Elizabeth and Central Park, the property offers immediate access to fishing, hiking trails, and community amenities, ideal for an active lifestyle.
The home features a distinctive loft-style primary bedroom that provides a private, character-filled retreat, setting it apart from standard suburban floor plans.
With a large front yard for curb appeal and a generously sized backyard, the lot provides ample space for gardening, outdoor entertaining, and relaxation.
The listing indicates the home is ready for updates and vision, suggesting that the interior may be dated and require additional capital investment for renovations.
At 5,101 square feet, the lot is relatively small for the Lake Hughes area, which may limit buyers seeking the expansive acreage often associated with this rural community.
Welcome to this charming 3-bedroom, 2-bath home offering the perfect blend of comfort, style, and location. Featuring a spacious loft-style primary bedroom, this unique layout provides a private retreat with plenty of character. The home includes a 2-car garage, a large front yard with excellent curb appeal, and a generously sized backyard that's perfect for entertaining, gardening, or simply relaxing outdoors. Ideally located just minutes from Lake Elizabeth, you'll enjoy easy access to scenic walking and biking trails, fishing, playgrounds, sports courts, and community events at Central Park. The area also offers nearby shopping, dining, top-rated schools, and convenient commuter access, making this home an exceptional opportunity for families and anyone seeking an active lifestyle in one of the area's most desirable neighborhoods. This house is ready for your updates and vision to make this your perfect family home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,336 | 1,483 |
| Lot Size | 5,101 | 7,125 |
| Price | $379.0K | $401.7K |
| Price per sq ft | $284 | $314 |
| Built year | 1984 | 1986 |
| HOA | $0 | $0 |
| Days on market | 8 | 58 |
Jul 14, 2026
$379,000
Initial Listing
Mar 30, 1992
$121,000
Public Record