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19876 Lodema Road, Apple Valley, California 92307, Apple Valley, 92307 - 3 bed, 2 bath

19876 Lodema Road, Apple Valley, California 92307 home-pic-0
ACTIVE$375,000
19876 Lodema Road, Apple Valley, California 92307
3Beds
2Baths
1,840Sqft
68,824Lot

Price Vs. Estimate

The estimated value ($264,710.77) is $110,289.23 (29%) lower than the list price ($375,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 68824, living area = 1840.
Top Cons:
Age of Property: Built in 1952, the home is over 70 years old, suggesting it may require significant updates to systems, finishes, and overall modernization to meet contemporary standards.

Compared to the nearby listings

Price:$375.0K vs avg $460.0K ($-85,000)21%
Size:1,840 sqft vs avg 1,928 sqft45%
Price/sqft:$204 vs avg $24322%

More Insights

Built in 1952 (73 years old).
Condition: The property, built in 1952, features a severely outdated kitchen with knotty pine cabinets, tiled countertops, and older appliances, indicating no major renovations in many decades. The presence of window AC units suggests an outdated or absent central cooling system. While some rooms have newer laminate flooring, the overall interior requires substantial rehabilitation and modernization, particularly in the kitchen and likely bathrooms, to meet contemporary living standards.
Year Built
1952
Close
-
List price
$375K
Original List price
$410K
Price/Sqft
$204
HOA
-
Days on market
-
Sold On
-
MLS number
RS25188872
Home ConditionPoor
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Discover a rare opportunity to own a slice of heaven in one of Apple Valley's most sought-after neighborhoods. Situated on over 1.5 acres, this home offers breathtaking, panoramic views of both the mountains and sparkling city lights. The high elevation of this location is what makes the scenery truly spectacular and provides the ideal setting for enjoying stunning sunrises and sunsets. This property is a unique investment with endless possibilities. The three-bedroom, two-bathroom home is a cozy retreat, but the real value lies in the expansive land. With so much room to roam, you can design your own personal paradise. Imagine adding a custom pool, a spacious outdoor entertaining area, a garden, or even an ADU—the only limit is your imagination. Don't miss your chance to own this magnificent and hard-to-find property where you can create a lifetime of memories with family and friends.

Condition Rating
Poor
The property, built in 1952, features a severely outdated kitchen with knotty pine cabinets, tiled countertops, and older appliances, indicating no major renovations in many decades. The presence of window AC units suggests an outdated or absent central cooling system. While some rooms have newer laminate flooring, the overall interior requires substantial rehabilitation and modernization, particularly in the kitchen and likely bathrooms, to meet contemporary living standards.
Pros & Cons

Pros

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 = 68824, living area = 1840.
Expansive Land: The property boasts a substantial lot size of over 1.5 acres (68,824 sqft), offering significant privacy, space, and potential for various uses.
Panoramic Views: Situated at a high elevation, the property provides breathtaking, panoramic views of both mountains and sparkling city lights, ideal for enjoying sunrises and sunsets.
Development Potential: The large land parcel presents endless possibilities for customization, including adding a custom pool, spacious outdoor entertaining areas, a garden, or even an Accessory Dwelling Unit (ADU).
Desirable Location: Located in one of Apple Valley's most sought-after neighborhoods, enhancing its appeal and potential for appreciation.
Investment Opportunity: Described as a 'unique investment with endless possibilities,' the property's primary value lies in its expansive land, offering long-term growth potential.

Cons

Age of Property: Built in 1952, the home is over 70 years old, suggesting it may require significant updates to systems, finishes, and overall modernization to meet contemporary standards.
Price Reductions: Multiple price reductions from the original list price of $410,000 to $375,000 indicate potential market resistance or an initial overvaluation of the property.
Existing Home Condition: The description emphasizes the 'real value lies in the expansive land' and refers to the home as a 'cozy retreat,' implying the existing 1840 sqft structure may be modest or require substantial investment to align with the potential of the large lot.

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