18991 Madrone, Hesperia, California 92345, Hesperia, 92345 - 3 bed, 2 bath
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18991 Madrone
Hesperia, California 92345
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,518Sq Ft
18,000Lot Size
Property Price
LIST PRICE$389,000
EST. MARKET VALUE
$404,697
3% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $389,000—positioned well below the $404,697 Fair Market Value by 3%. This valuation gap offers $15,697 in Instant Equity. With a Condition Rating of 4, the home features a new 30-year roof, Granite Kitchen, and laminate flooring, while offering significant upside through the 480 sqft detached garage for ADU conversion. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the Mesa neighborhood.
Estimated Market Value
$404,697+$15,697 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 |
|---|---|---|---|---|---|---|
★ 18991 Madrone Subject 3 bd · 2 ba · 1,518 sqft · $267 | $389,000* List Price | 3 | 2 | 1,518 | $267 | - |
A 19147 Yucca Street Sold 3 bd · 2 ba · 1,368 sqft · $307 · 0.3 mi | $420,000 | 3 | 2 | 1,368 | $307 | 0.3 mi |
B 19145 Sheffield Street Sold 3 bd · 2 ba · 1,224 sqft · $306 · 0.2 mi | $375,000 | 3 | 2 | 1,224 | $306 | 0.2 mi |
C 18725 Vine Sold 3 bd · 2 ba · 1,318 sqft · $283 · 0.9 mi | $373,500 | 3 | 2 | 1,318 | $283 | 0.9 mi |
D 9230 Choiceana Sold 3 bd · 2 ba · 1,379 sqft · $265 · 0.6 mi | $365,000 | 3 | 2 | 1,379 | $265 | 0.6 mi |
E 18401 Westlawn St Sold 4 bd · 2 ba · 1,500 sqft · $297 · 0.9 mi | $445,000 | 4 | 2 | 1,500 | $297 | 0.9 mi |
F 18896 Westlawn Sold 3 bd · 2 ba · 1,405 sqft · $295 · 0.6 mi | $415,000 | 3 | 2 | 1,405 | $295 | 0.6 mi |
G 9317 Sabina Sold 3 bd · 2 ba · 1,428 sqft · $303 · 1.0 mi | $432,500 | 3 | 2 | 1,428 | $303 | 1.0 mi |
H 18761 Benicia Sold 3 bd · 2 ba · 1,472 sqft · $292 · 0.9 mi | $430,000 | 3 | 2 | 1,472 | $292 | 0.9 mi |
I 19014 Vine Pending 3 bd · 2 ba · 1,495 sqft · $267 · 0.6 mi | $399,000 List Price | 3 | 2 | 1,495 | $267 | 0.6 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 1978, the property shows signs of partial updates including a new 30-year roof, granite countertops, and laminate flooring. However, the kitchen cabinets appear original or aged, popcorn ceilings are present, and the overall aesthetic is dated (15-30y range), requiring cosmetic modernization and minor repairs.
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 = 18000, living area = 1518.
- Expansive Lot & ADU Potential
The oversized 18,000 sqft lot features RV/boat access and a 480 sqft detached garage, offering significant potential for an ADU conversion to accommodate multi-generational living or rental income.
- Key Structural & Interior Updates
The property boasts a recently installed 30-year roof and modern interior finishes, including granite countertops in the kitchen and bathrooms and laminate wood flooring throughout.
CONSRISKS & DEFICIENCIES
- Market Stagnation
The property has been on the market for 47 days and has already undergone a significant price reduction of $36,000, which may indicate initial overpricing or lower buyer urgency.
- Vintage Infrastructure
Built in 1978, the home may require inspections of original systems such as plumbing and electrical, which are not mentioned as being updated alongside the cosmetic improvements.
About 18991 Madrone
Location, location, location! Located in The MESA neighborhood of Hesperia. This home sits on an Extra-large 18,000 square foot lot. Lot is 100 frontage and 180 deep. Has mountain views, and only a 6 minute drive to Hesperia Lake recreation center, and one hour to Crestline. Come see this nice 3-bedroom home in a great location. Home has 3 bedrooms and 2 1/2 bathrooms. Home has a detached garage that is 480 square feet. could be the ADU conversion many families are looking for to live together. The home offers 1518 square feet of space and was built in 1978. Home has vaulted ceiling, Laminate wood flooring throughout, Granite counter tops in the kitchen and bathrooms. Has a covered patio out back. The lot is large with a built-in batting cage as well. New roof was recently installed with a 30-year life span. Well located in an established residential neighborhood of custome type homes, close to schools. Minutes to Arrowhead Lake Road. The back yard is accesible to park a RV, toy Hauler or Boat. Exit Main street off the 215. Only a few minutes from the freeway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 18,000 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 | 1,518 | 1,791.923 |
| Lot Size | 18,000 | 19,024.164 |
| Price | $389.0K | $468.1K |
| Price per sq ft | $256 | $265 |
| Built year | 1978 | 1994 |
| HOA | $0 | $157 |
| Days on market | 70 | 67 |
Pricing History
Listed for Sale
Sep 19, 2026
$389,000
$425,000
-8% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$425,000
Initial Listing
Sold
Aug 6, 2020
$270,000
Public Record
Sold
Apr 27, 2016
$185,000
Public Record
Sold
Apr 12, 2012
$68,000
Public Record
Sold
Oct 1, 2003
$138,000
Public Record
Sold
Sep 2, 1998
$71,000
Public Record