19968 Bear Valley Road, Apple Valley, California 92308, Apple Valley, 92308 - bed, bath
ACTIVE$4,995,000
19968 Bear Valley Road, Apple Valley, California 92308
0Bed
0Bath
4,800Sqft
2,470,723Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Commercial Development Opportunity: Zoned General Commercial with 56.72 acres and over 0.5 miles of frontage on Bear Valley Road, offering prime potential for large-scale commercial projects.
Top Cons:
Age of Existing Structures: The residential buildings, constructed in 1950, are likely outdated and may require significant renovation or demolition, adding to the overall development cost.
Compared to the nearby listings
Price:$5.00M vs avg $414.5K (+$4,580,500)100%
Size:4,800 sqft vs avg 1,632 sqft100%
Price/sqft:$1.0K vs avg $243100%
More Insights
Built in 1950 (75 years old).
Condition: The property was built in 1950, making the residential structures 74 years old. The listing description focuses almost entirely on the commercial development potential of the 56.72-acre land, explicitly stating that the value is based 'solely on the land and its potential for redevelopment.' There is no mention of any renovations or updates to the three residential structures. Crucially, no interior images are provided, especially for kitchens and bathrooms, which strongly suggests these areas are severely outdated and not a selling point. While the structures are described as 'income producing rentals,' their age and the lack of any renovation history indicate they are likely in very poor condition, requiring substantial repairs and rehabilitation to meet modern living standards. They are likely functional but uncomfortable and unsafe by current standards.
Year Built
1950
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,041
HOA
-
Days on market
-
Sold On
-
MLS number
HD25238869
Home ConditionPoor
Features
Good View: Desert, Mountain(s)
ViewDesert, Mountain(s)
About this home
Price Improvement!!!!! Location, Location, Location. Opportunity for Commercial Development. This property is zoned general commercial. Approximately 56.72 acres with over 1/2 mile frontage on Bear Valley Road along with sewer. This property has a well and comes with 13 acre ft of water rights. Close to new development. Three income producing rentals on property, House 1 - 2 bedrooms and 2 baths approximately 600 sf, House 2 - 2 bedrooms and 2 bath approximately 1,200 sf, house 3 - 4 bedroom and 2 full baths approximately 3,000 sf. Sprouts had its grand opening. Coming soon within in minutes from this property is Hobby Lobby, Marshals, Raising Canes, 5 Below and more. Bear Valley Road is the way to Johnson Valley where there is the yearly King of The Hammer and lots of off road events all year. Within a 15 minute drive time, Bright Line West Train on Dale Evans and the I-15.
Condition Rating
Poor
The property was built in 1950, making the residential structures 74 years old. The listing description focuses almost entirely on the commercial development potential of the 56.72-acre land, explicitly stating that the value is based 'solely on the land and its potential for redevelopment.' There is no mention of any renovations or updates to the three residential structures. Crucially, no interior images are provided, especially for kitchens and bathrooms, which strongly suggests these areas are severely outdated and not a selling point. While the structures are described as 'income producing rentals,' their age and the lack of any renovation history indicate they are likely in very poor condition, requiring substantial repairs and rehabilitation to meet modern living standards. They are likely functional but uncomfortable and unsafe by current standards.
Pros & Cons
Pros
Exceptional Commercial Development Opportunity: Zoned General Commercial with 56.72 acres and over 0.5 miles of frontage on Bear Valley Road, offering prime potential for large-scale commercial projects.
Strategic Location in Growth Corridor: Situated near significant new retail developments (Sprouts, Hobby Lobby, Marshals) and major transportation infrastructure (Bright Line West Train, I-15), indicating strong future appreciation and traffic.
Immediate Income Generation: Three existing residential units provide current rental income, helping to offset holding costs during the planning and development phases.
Critical Infrastructure & Water Rights: Equipped with sewer access, a private well, and 13 acre-feet of water rights, providing essential utilities for substantial commercial development.
High Visibility & Accessibility: Extensive road frontage on a main artery (Bear Valley Road) ensures excellent visibility and easy access, further enhanced by proximity to high-traffic events and major highways.
Cons
Age of Existing Structures: The residential buildings, constructed in 1950, are likely outdated and may require significant renovation or demolition, adding to the overall development cost.
Substantial Capital Investment: The nearly $5 million list price represents a significant upfront investment, potentially narrowing the buyer pool to well-capitalized commercial developers.
Listing Type Discrepancy: Despite being zoned General Commercial, the property is listed as 'Residential' and 'Single Family Residence,' which could cause confusion or require clarification in financing and permitting processes.