
Hesperia, California 92345
This Value-Add Development Opportunity is listed at $399,000, reflecting a strategic premium for its rare land scale over the $339,393 Fair Market Value. Carrying a Condition Rating of 5, the 1955-built structure requires a comprehensive rehab, offering a blank canvas for forced appreciation. The property’s primary value is its 1.39-acre cleared lot, which provides Significant Development Potential for ADUs, equestrian facilities, or workspace integration. Located near major Inland Empire routes, this versatile asset is perfectly suited for Fix-and-Flip Investors or Developers looking to capitalize on High Desert growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15561 Ash Street Subject | $399,000* List Price | 3 | 1 | 1,155 | $294 | - |
A 15565 Mesquite Street Sold | $370,000 | 2 | 2 | 1,232 | $300 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (71 years old) with no evidence of significant modern renovations. The interior shows dated popcorn ceilings, heavily stained/worn carpeting, and original-style built-ins. The listing description emphasizes the land value and the 'opportunity to renovate or reimagine,' signaling that the structure requires a full rehab of all major systems, kitchen, and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60548, living area = 1155.
The property features a massive 1.39-acre (60,548 sqft) fully cleared parcel, providing exceptional space for equestrian use, equipment storage, or large-scale outdoor projects.
The large, cleared lot and flexible land use allow for various value-add opportunities, including the addition of ADUs, property expansion, or multi-use site planning.
Built in 1955, the existing 1,155 sqft residence likely requires significant renovation or modernization to bring it up to current market standards.
With only one bathroom serving three bedrooms, the current configuration is less than ideal for modern families and may require additional capital for plumbing upgrades.
Back on Market -No Fault of Property. Situated on approximately 1.39 acres (60,548 square feet), this single-family residence offers a rare chance to create, expand, invest, or reimagine within one of the High Desert's steadily growing markets. Currently configured as a 3-bedroom, 1-bath residence with a living room, den, covered patio, and extra-large two-car garage with plumbing and possible 4th-bedroom expansion potential, the property is ideal for buyers seeking to renovate, modernize, or customize. The expansive lot offers usable land that may accommodate additional residential improvements, ADUs, agricultural uses, equestrian facilities, RV or equipment storage, orchards, gardens, or a thoughtfully designed lifestyle compound, subject to local regulations and approvals. Surrounded by larger residential parcels and open-space living, the property offers a rare blend of privacy, scale, flexibility, and long-term versatility. Whether envisioned as a personal retreat, investment property, or generational asset, the possibilities are substantial. Convenient access to major routes connecting the Inland Empire and surrounding Southern California regions and Nevada further enhances the property's appeal. Property is being sold As-Is. Buyer to independently verify all aspects of property use, zoning, utilities (including water, septic/sewer), square footage, permits, improvements, and development potential with the appropriate governing agencies. AI-generated staging/remodel images are provided for inspirational purposes only and do not constitute architectural plans, development plans, engineering, or design advice. Buyer to perform all due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,155 | 1,805 | 10% |
| Lot Size | 60,548 | 19,500 | 92% |
| Price | $399.0K | $465.5K | 17% |
| Price per sq ft | $345 | $263 | 89% |
| Built year | 1955 | 1990 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 178 | 2% |
May 8, 2026
$399,000
Initial Listing
May 4, 2026
$399
Initial Listing