16167 Chestnut, Hesperia, California 92345, Hesperia, 92345 - 3 bed, 2 bath
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16167 Chestnut
Hesperia, California 92345
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,618Sq Ft
8,875Lot Size
Property Price
LIST PRICE$345,000
EST. MARKET VALUE
$364,986
5% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $345,000—positioned well below the $364,986 Fair Market Value by 5%. This valuation gap offers $19,986 in Instant Equity for the buyer. Featuring a new roof and a large 8,875 sqft corner lot with desert views, the home has a Condition Rating of 4, requiring cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization.
Estimated Market Value
$364,986+$19,986 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Hesperia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16167 Chestnut Subject 3 bd · 2 ba · 1,618 sqft · $226 | $345,000* List Price | 3 | 2 | 1,618 | $226 | - |
A 16300 Live Oak Sold 4 bd · 2 ba · 1,457 sqft · $247 · 0.3 mi | $360,000 | 4 | 2 | 1,457 | $247 | 0.3 mi |
B 16366 Walnut Sold 2 bd · 1 ba · 1,396 sqft · $236 · 0.5 mi | $330,000 | 2 | 1 | 1,396 | $236 | 0.5 mi |
C 16011 Smoke Tree Active 3 bd · 2 ba · 1,594 sqft · $273 · 0.2 mi | $435,000 List Price | 3 | 2 | 1,594 | $273 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976, this 48-year-old home is functional but significantly dated. While it features a new roof, the interior retains original 1970s-style cabinetry, wood paneling, popcorn ceilings, and older tile/carpet finishes. The kitchen and bathrooms require modernization, but the property appears well-maintained and move-in ready for a buyer willing to perform cosmetic updates.
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 = 8875, living area = 1618.
- Recent Major Upgrade
The property features a newly installed roof, which provides significant value and peace of mind by reducing immediate capital expenditure for the buyer.
- Prime Lot Positioning
Situated on a desirable corner lot with desert views, the home offers enhanced privacy, more outdoor space, and better curb appeal than standard interior lots.
CONSRISKS & DEFICIENCIES
- Modernization Required
The description suggests the home is ready for 'personal touches,' indicating that the interior finishes and fixtures likely require updating to meet modern aesthetic standards.
- Property Age
Built in 1976, the home may have aging systems or original components that could require ongoing maintenance or energy-efficiency upgrades compared to newer builds.
About 16167 Chestnut
Charming 3-bedroom, 2-bathroom home situated on a desirable corner lot and offered at an attractive price for its location! Featuring a spacious kitchen with ample storage, a generously sized living room, and a new roof, this property offers a great opportunity for anyone looking to add their own personal touches. Full of potential and ready for its next chapter, this well-loved home is waiting for someone to make it their own. Don't miss this opportunity to make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 8,875 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,618 | 1,791.923 |
| Lot Size | 8,875 | 19,024.164 |
| Price | $345.0K | $468.1K |
| Price per sq ft | $213 | $265 |
| Built year | 1976 | 1994 |
| HOA | $0 | $157 |
| Days on market | 7 | 67 |
Pricing History
Listed for Sale
Oct 17, 2026
$345,000
Initial Listing
Sold
Apr 1, 2011
$50,000
Public Record