2016 Peru, Needles, California 92363, Needles, 92363 - 5 bed, 3 bath
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2016 Peru
Needles, California 92363
ACTIVE
CONDITION: POOR
5Beds
3Baths
3,054Sq Ft
13,200Lot Size
Property Price
LIST PRICE$339,000
EST. MARKET VALUE
$360,341
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $339,000—positioned well below the $360,342 Fair Market Value by 5%. This valuation gap offers $21,342 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a 13,068-square-foot lot, a private swimming pool, and 5 bedrooms, the home offers significant scale for renovation. This is a high-utility asset ideal for Fix-and-Flip Investors or Owner-Occupants seeking a river-adjacent project with substantial upside potential.
Estimated Market Value
$360,341+$21,341 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Needles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2016 Peru Subject | $339,000* List Price | 5 | 3 | 3,054 | $118 | - |
A 2209 Casa Linda Pending | $269,000 List Price | 4 | 3 | 2,021 | $133 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1962, this 60+ year old home shows significant signs of deferred maintenance and unfinished renovations. Interior photos reveal holes in the laminate flooring and unpatched/unpainted drywall, indicating the property requires a comprehensive rehab rather than minor cosmetic updates.
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 = 13200, living area = 3054.
- Substantial Living Space
Offering over 3,000 square feet with five bedrooms, this is one of the largest homes available in the area, providing exceptional scale for large families or multi-generational living.
- Prime Recreational Location
Situated just minutes from the Colorado River and local boat launches, the property is perfectly positioned as a high-utility desert getaway for boating and water sports enthusiasts.
CONSRISKS & DEFICIENCIES
- Deferred Modernization
Built in 1962, the home requires personalization and improvements, indicating that the interior may be dated and require additional capital investment for upgrades.
- High Operational Costs
The combination of a large 1960s-era footprint, a private pool, and the extreme desert climate of Needles likely results in significant cooling and maintenance expenses.
About 2016 Peru
If space, a pool, and easy access to the Colorado River are on your list, this home deserves a closer look. Offering approximately 3,054 square feet, 5 bedrooms, and 3 bathrooms on a generous 13,068-square-foot lot, this is one of the larger homes and lots available in the area. The spacious single-story layout provides plenty of room for everyday living, entertaining, extended family and guests. Inside, you’ll find multiple living areas, a large brick wood-burning fireplace, an open dining area, and a separate laundry and utility room. A fenced swimming pool, covered patio, and ample parking with room for your vehicles and all your river toys. The home offers a solid opportunity for the next owner to personalize and make improvements over time while enjoying the space from day one. Just minutes from the Colorado River and local boat launches, this spacious home makes an ideal base for weekends filled with boating, fishing, water sports, and relaxing by the pool. Enjoy it as a full-time residence or your own desert river getaway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 13,200 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,054 | 1,329.143 |
| Lot Size | 13,200 | 7,571.429 |
| Price | $339.0K | $195.9K |
| Price per sq ft | $111 | $122 |
| Built year | 1962 | 1970 |
| HOA | $0 | $0 |
| Days on market | 35 | 135 |
Pricing History
Listed for Sale
Aug 5, 2026
$339,000
Initial Listing
Sold
May 29, 2015
$45,000
Public Record
Sold
Oct 7, 1993
$107,000
Public Record