
Lake Hughes, California 93532
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $293,858 Fair Market Value by -7%. While the home carries a Condition Rating of 5, the 2-lot parcel provides significant upside for expansion or parking. Currently tenant-occupied, this asset offers an immediate income stream for Buy-and-Hold Investors. With its scenic Hill Views and Deck, it serves as a functional, low-entry-point rental. This is an ideal acquisition for Value-Add Investors seeking a manageable project in a rural setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17725 Sierra Trail Subject | $315,000* List Price | 2 | 1 | 900 | $327 | - |
A 43729 Lake View Road Sold | $275,000 | 2 | 1 | 810 | $340 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (79 years old) with no mention of recent renovations. The exterior shows significant weathering, and the reliance on a wood-burning stove suggests dated primary systems. While currently tenant-occupied, the age and lack of updates indicate a need for substantial rehab to meet modern standards.
The property is situated on two lots, providing significant outdoor space for extra parking, a large yard, or potential future expansion, which is a rare find for this price point.
Currently operating as a rental with a tenant in place, this property offers immediate cash flow for investors looking for a turnkey addition to their portfolio.
Nestled in the hills of Lake Hughes, the home offers a tranquil country cottage atmosphere with scenic views, making it an ideal weekend getaway or peaceful retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6164, other record lot size in square feet = 3536.
Built in 1947, the home may require significant updates to its aging systems and structural components to meet modern building standards and efficiency.
With only 900 square feet of living area and a single bathroom, the compact footprint may be restrictive for growing families or buyers seeking more spacious accommodations.
Country cottage in scenic Lake Hughes. Great starter home, investment property or weekend getaway! This 2 bedroom, 1 bath home is on 2 lots allowing for extra parking or large yard. Living room has wood burning stove. Laundry room inside and fully fenced grounds with a storage shed. Currently a rental investment property with tenant in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 900 | 1,165.875 |
| Lot Size | 6,164 | 5,770 |
| Price | $315.0K | $386.8K |
| Price per sq ft | $350 | $337 |
| Built year | 1947 | 1964 |
| HOA | $0 | $0 |
| Days on market | 13 | 81 |
Aug 27, 2026
$315,000
Initial Listing
Jan 11, 2016
$70,000
Public Record