15221 Chaparral, Apple Valley, California 92307, Apple Valley, 92307 - 4 bed, 3 bath
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Apple Valley, California 92307
This property presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well below the $305,948 Fair Market Value by -43%. While the home carries a Poor Condition Rating and requires a full rehab, the expansive 40,815 sq ft lot and 4-car garage offer significant value-add potential. The flexible floor plan, including a potential 5th bedroom, provides versatility for future customization. This short sale is a complex, high-reward acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing a comprehensive renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15221 Chaparral Subject | $478,000* List Price | 4 | 3 | 2,869 | $175 | - |
A 15150 Riverside Sold | $460,000 | 3 | 2 | 2,206 | $209 | 0.2 mi |
B 15358 Apple Valley Sold | $415,000 | 4 | 3 | 2,066 | $201 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old), the property falls into the 'Poor' category based on age and the presence of original, dated kitchen and bathroom finishes. While the home has received cosmetic updates like new flooring and paint, the oak cabinetry, tile countertops, and fluorescent lighting are over 30 years old and require a full rehab. The 'AS-IS' short sale status further indicates likely deferred maintenance on major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40815, living area = 2869.
Situated on nearly an acre at the end of a quiet cul-de-sac, the property offers exceptional privacy and versatility for RV parking, horses, or future outdoor customization.
With 2,869 sq ft of living space, a flexible downstairs office/5th bedroom option, and an oversized 4-car garage, this home is perfectly suited for multigenerational living and hobbyists.
The transaction is a short sale subject to lender approval with an initiated Notice of Default, which typically involves longer closing timelines and increased procedural uncertainty.
The property is sold strictly in as-is condition, requiring the buyer to assume all responsibility for potential repairs, deferred maintenance, or necessary upgrades.
**Lender-Approved Short Sale! Cosmetic Fixer with Incredible Potential!** Don't miss this opportunity to own a spacious home with endless possibilities! This lender-approved short sale is priced to sell and is ready for its next owner to make it their own. Featuring 4 bedrooms, 3 bathrooms, approximately 2,869 square feet, and situated on nearly an acre in a quiet cul-de-sac, this property offers the space and flexibility today's buyers are looking for. The home is a cosmetic fixer, offering the perfect chance to add your personal style and build instant equity. Inside you'll find a bright, functional floor plan with an office or optional 5th bedroom downstairs, an indoor laundry room, a spacious primary suite with a private balcony, and a 4-car garage. The expansive lot provides room for RV parking, horses, recreational toys, or multi-generational living possibilities. Whether you're an investor or a buyer looking to customize your dream home, this property is full of potential. With lender approval already in place, one of the biggest hurdles of the short sale process has been completed. Bring your vision and make this property shine! This property offers the space and versatility that’s becoming harder to find. A rare opportunity with room to grow in a desirable cul-de-sac location! Easy to show!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.6 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,869 | 1,725.5 |
| Lot Size | 40,815 | 23,732.5 |
| Price | $478.0K | $451.9K |
| Price per sq ft | $167 | $240 |
| Built year | 1989 | 1987 |
| HOA | $0 | $248 |
| Days on market | 64 | 69 |
Jul 16, 2026
$478,000
$479,500
+0% Price Increase
Initial Listing
Jul 9, 2026
$479,500
$440,000
+9% Price Increase
Initial Listing
May 20, 2026
$440,000
Initial Listing
May 19, 2026
$575,000
Initial Listing
Aug 16, 2023
$525,000
Public Record
Mar 28, 2013
$30,000
Public Record
Dec 11, 1998
$255,000
Public Record