1648 Las Casitas Dr, Borrego Springs, California 92004, Borrego Springs, 92004 - 2 bed, 2 bath
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Borrego Springs, California 92004
This property presents a Strong Value Opportunity with a List Price of $205,000—positioned well below the $226,349 Fair Market Value by 9%. This valuation gap offers $21,349 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant potential for cosmetic modernization. Located in the gated Rams Hill community with Exceptional Desert and Mountain Views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1648 Las Casitas Dr Subject | $205,000* List Price | 2 | 2 | 1,187 | $191 | - |
A 1638 Las Casitas Drive Sold | $160,000 | 1 | 1 | 818 | $196 | 0.1 mi |
B 1921 Desert Vista Terrace Active | $250,000 List Price | 2 | 2 | 1,512 | $165 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1989 (35 years old) and appears to be in mostly original condition. While the home is well-maintained and functional, the kitchen and bathrooms are significantly dated, featuring original oak-trimmed cabinetry, laminate countertops, and 1980s-style fixtures. It requires cosmetic updates and modernization of systems to meet current market standards.
Situated within the prestigious Rams Hill gated community, this home offers immediate access to a top-rated Tom Fazio golf course and is just a short walk from the clubhouse and pro shop.
The property is noted for having some of the best views in the Casitas neighborhood, providing a scenic and tranquil desert environment that adds significant aesthetic value.
At a list price of $205,000, this residence offers a highly affordable opportunity to own a home in a gated desert community without a significant capital investment.
The monthly HOA fee of $674.34 is relatively high in proportion to the property's list price, which may deter budget-conscious buyers or impact potential rental yields.
The property is located over 4.5 miles from the nearest schools, which have average to low ratings, potentially limiting its appeal to families with school-aged children.
Nice home located in the Casitas neighborhood of Rams Hill, a gated community around a top rated Tom Fazio golf course. Just a short walk to the club house and pro shop this home features some of the best views in the Casitas. This is a great opportunity to get a place in the Borrego Springs desert without breaking the bank. Escape the confines of the city and start enjoying life to the fullest!
No exterior & parking available.
Grades PK-5 • 4.6 mi
Grades 6-8 • 5.9 mi
Grades 9-12 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,187 | 1,236.5 | 50% |
| Lot Size | - | - | 50% |
| Price | $205.0K | $232.0K | 38% |
| Price per sq ft | $173 | $174 | 50% |
| Built year | 1989 | 1979 | 75% |
| HOA | $674.34 | $651 | 50% |
| Days on market | 3 | 184 | 13% |
Jun 3, 2026
$205,000
Initial Listing
Sep 21, 2020
$99,500
Public Record
Feb 23, 2015
$120,000
Public Record
Nov 18, 2003
$100,000
Public Record
Nov 29, 2000
$99,500
Public Record
Dec 2, 1999
$75,000
Public Record