
Pine Mountain Club, CA 93222
This High-Potential R-3 Development Asset is listed at $298,750, offering a strategic entry into a high-utility land play. While positioned above the $260,008 Fair Market Value, the valuation is anchored by the 11,326 sq. ft. flat lot and rare R-3 Zoning which allows for the construction of additional units. The existing cabin maintains a Condition Rating of 4, featuring mountain views and a large front deck directly across from Lampkin Park. This project is ideally suited for Buy-and-Hold Investors or Developers seeking a high-density value-add opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16410 Askin Drive Subject | $298,750* List Price | 2 | 1 | 748 | $348 | - |
A 2105 Fernwood Drive Sold | $265,000 | 2 | 1 | 910 | $291 | 0.5 mi |
B 2325 Woodland Drive Pending | $259,000 List Price | 2 | 1 | 768 | $337 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained but largely original 1972 cabin. The kitchen and bathroom feature dated wood cabinetry, older appliances, and 1970s-style tile and fixtures. While functional and move-in ready as a rustic retreat, the home shows significant aesthetic depreciation and lacks modern updates to its major systems and interior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 748.
The property sits on a large, flat 11,326 sq. ft. lot zoned R-3, providing a rare opportunity for investors to add additional units or significantly expand the existing structure.
Ideally situated directly across from Lampkin Park and within walking distance to Pine Mountain Club amenities, offering excellent convenience and recreational access.
With only 748 square feet of living area, the current home is quite small, which may require immediate expansion to suit the needs of most modern buyers.
The property is located a significant distance from local schools, with the nearest options being 13 to 19 miles away, which may be a drawback for families with children.
Investors dream R-3 lot with lots of room to add on or build additional units. This cozy 2 bed/ 1 bath 748 sq. ft. house sits on the back corner of a large very buildable flat R-3 lot, walking distance to all of Pine Mountain Club's amenities. Directly across from Lampkin park and 1 block from the fire station with a fire hydrant on the lot, this single level home has a large front deck perfect for entertaining or star gazing. Bring your imagination and turn this into your vacation or investment dream!
No exterior & parking available.
Grades K-4 • 13.0 mi
Grades K-5 • 19.5 mi
Grades 6-8 • 19.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 748 | 1,346 | 3% |
| Lot Size | 11,326 | 10,783 | 66% |
| Price | $298.8K | $335.0K | 29% |
| Price per sq ft | $399 | $238 | 94% |
| Built year | 1972 | 1986 | 9% |
| HOA | $1961 | $2.0K | 50% |
| Days on market | 530 | 246 | 97% |
Nov 8, 2024
$298,750
Initial Listing
Aug 31, 1978
$44,500
Public Record