15500 E Highway 88, Lockeford, CA 95237, Lockeford, 95237 - 2 bed, 1 bath
15500 E Highway 88
Lockeford, CA 95237
Property Price
SUMMARY
Analysis of 15500 E Highway 88, Lockeford, CA 95237 is currently available with a list price of $3,150,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lockeford Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property's dwelling is a 1989 mobile home, explicitly described as an 'outdated existing residence' that is 'likely to require replacement or extensive renovation for a permanent, modern dwelling.' While it may serve as a temporary office, its age and stated condition indicate it requires substantial rehabilitation to meet current residential standards, aligning with a 'poor' condition score for a home.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 3910381, living area = 672.
- Exceptional Soil Quality
Predominantly Class 1 and Class 2 agricultural soil, ideal for diverse crop cultivation and maximizing yield potential.
- Substantial Acreage with Development Upside
Nearly 100 acres offering significant scale for agricultural operations, coupled with potential for future subdivision (40-acre zoning) or commercial development due to proximity to a growing town.
CONSRISKS & DEFICIENCIES
- Extensive Capital Investment Required
A significant portion of the land is bare, necessitating substantial upfront capital and time for new crop development or infrastructure build-out to realize its full agricultural potential.
- Outdated Existing Residence
The current mobile home (1989, 672 sqft) serves primarily as a temporary office or residence, and is likely to require replacement or extensive renovation for a permanent, modern dwelling.
- Complex Development & Permitting
While offering future development potential, navigating the subdivision process, zoning regulations, and obtaining necessary permits for new construction or land splits can be time-consuming and complex.
About 15500 E Highway 88
Prime ag land in Lockeford CA. Mostly class 1 soil with a small portion being Class 2. Mostly bare land with 25 acres still in walnut production which could be a good benefit for depreciation while you get the rest ready to plant your desired crop. There is a nice knoll a good distance from the highway which is ready for your dream home or new shop. The mobile home can easily be used as an office or temporary residence. The deep well has been used for the walnuts and previous vineyard irrigation. There is also a domestic well for the home. Own nearly 100 acres just outside of the growing town of Lockeford with added value of potential future development. You may also want to check into splitting this parcel in half due to 40 acre zoning.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 3,910,381 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 672 | 1,591.5 | 13% |
| Lot Size | 3,910,381 | 11,641.5 | 88% |
| Price | $3.15M | $536.5K | 88% |
| Price per sq ft | $4.7K | $330 | 88% |
| Built year | 1989 | 1990 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 197 | 13% |
Pricing History
Listed for Sale
Jan 18, 2026
$3,150,000
Initial Listing