
Borrego Springs, California 92004
This Ram's Hill attached home represents a High-Potential Investment Opportunity, listed at $175,000—positioned well below the $212,962 Fair Market Value by 17%. This valuation gap offers $37,962 in Instant Equity. Featuring a Condition Rating of 4, the property offers significant value-add potential through cosmetic updates to the kitchen and interiors. With its stunning mountain views, private balcony, and patio, this unit is perfectly suited for Buy-and-Hold Investors or vacation rental operators seeking a desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1618 Las Casitas Dr Subject | $175,000* List Price | 2 | 1 | 1,161 | $183 | - |
A 1638 Las Casitas Drive Sold | $160,000 | 1 | 1 | 818 | $196 | 0.0 mi |
B 1648 Las Casitas Dr Active | $200,000 List Price | 2 | 2 | 1,187 | $168 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property features a dated kitchen with original-style wood-trimmed cabinetry and older appliances. While the unit appears well-maintained and functional for a vacation rental, the finishes and systems exceed the 20-year threshold without evidence of a recent major renovation, necessitating cosmetic updates.
The property features stunning mountain views from the living room and primary bedroom, complemented by vaulted ceilings and large windows that flood the interior with natural light.
Situated in the prestigious Ram's Hill area and an International Dark Sky Community, this home is perfectly positioned for vacation rentals or seasonal residents seeking a desert retreat.
The interior boasts unique rustic charm with exposed wooden ceiling beams and a wood-burning fireplace, offering an authentic desert living experience that stands out from standard condos.
The monthly association fee of $674.34 is significant relative to the listing price, which may impact the overall monthly affordability and investment yield for potential buyers.
With two bedrooms but only one bathroom, the layout may present a challenge for families or groups, potentially limiting its appeal compared to units with a second bath.
This is an ideal vacation rental! Whether you're looking to unwind in a serene natural setting or seeking adventure and exploration outdoors, this Ram's Hill attached home offers stunning mountain views from the living room and bottom bedroom, vaulted ceilings, and two large wooden ceiling beams. Enjoy the beauty of nature indoors with a high window that brings in lots of light. Step outside on the bottom floor patio to grill and enjoy a view or stargaze in the evening on the private upper balcony. The manicured landscaping matches the surrounding desert environment. You can sit by the wood-burning fireplace in the winter months. The tranquil life of small-town living awaits! Borrego Springs is one of only a handful of International Dark Sky Communities in the world. Borrego Springs is located in the low desert unincorporated area of northeastern San Diego County. Borrego Springs is a winter resort destination and we welcome the "snow birds" who arrive from colder climates to warm up during the winter. Borrego Springs is less than a 2 hour drive from San Diego or Palm Springs. Borrego Springs is a village within a park, completely surrounded and protected by the Anza-Borrego Desert State Park, is the largest desert state park in the contiguous United States with over 660,000 acres. This desert community is miles away from the nearest stoplight and we have no big box or chain stores. The slower uncomplicated pace and the scenic beauty, add to your rustic, authentic, desert experience. It is a special place, in all seasons. Activities include, nature walks, off-roading, hiking, biking, watching the wildlife, photography or star gazing. Borrego Springs is an active community for young and old alike with a desirable small town atmosphere. The elevation of the Borrego Valley Airport is approximately 520'.
No exterior & parking available.
Grades PK-5 • 4.5 mi
Grades 6-8 • 5.9 mi
Grades 9-12 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,161 | - |
| Lot Size | 2,034 | - |
| Price | $175.0K | $188.8K |
| Price per sq ft | $151 | $201 |
| Built year | 1988 | 0 |
| HOA | $674.34 | $0 |
| Days on market | 11 | 77 |
Jul 11, 2026
$175,000
Initial Listing
Mar 28, 2023
$165,000
Public Record
Dec 2, 2011
$38,000
Public Record
Jan 25, 2005
$135,000
Public Record