205 Rancho Street, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
205 Rancho Street
Ridgecrest, CA 93555
Property Price
SUMMARY
Analysis of 205 Rancho Street, Ridgecrest, CA 93555 reveals a Fairly Priced Property with a current list price of $305,000 aligned with the estimated $304,176 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ridgecrest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 Rancho Street Subject | $305,000* List Price | 3 | 2 | 1,401 | $217 | - |
A 336 S Lincoln Street Sold | $215,000 List Price | 3 | 2 | 1,161 | 0.7 mi | |
B 201 S Greenlawn Street Active | $230,000 List Price | 2 | 2 | 1,226 | $188 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1977, this property has undergone significant and stylish cosmetic renovations, particularly in the kitchen and bathrooms, which appear to be very recent (likely within the last 5-10 years). The kitchen boasts modern white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. Both bathrooms feature updated vanities with granite countertops and tiled showers/tubs. The main living areas have updated tile flooring, and bedrooms have laminate. While the interior is largely modern and move-in ready, the age of the property means that major systems (HVAC, roof, plumbing, electrical) are likely older and their update status is not specified, preventing an 'Excellent' rating. The overall clean and well-maintained appearance, coupled with the extensive cosmetic updates, aligns well with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Updated Interior Finishes
The home boasts modern upgrades including quartz countertops in the kitchen, marble flooring in the living room and all bedrooms, and a granite countertop in the master bathroom, enhancing its aesthetic appeal.
- Move-in Ready Condition
Described as a 'move-in ready gem,' the property appears well-maintained and requires minimal immediate work, offering convenience for new owners.
- Generous Outdoor Space
Situated on a spacious 6,098 square foot lot, the backyard offers 'endless possibilities' for gardening, recreation, or future expansion, appealing to those seeking outdoor living.
CONSRISKS & DEFICIENCIES
- Age of Property & Unspecified System Updates
Built in 1977, the property is nearly 50 years old. While cosmetic updates are noted, there is no mention of updates to major systems like HVAC, roof, plumbing, or electrical, which could lead to future maintenance costs.
- Significant Price Appreciation in Short Period
The property was sold for $229,000 in February 2024 and is now listed at $305,000, representing a substantial price increase (approximately 33%) in less than a year. This rapid appreciation may require strong justification through extensive renovations to avoid buyer skepticism.
- Lack of Cooling System Mention
Given Ridgecrest's climate, the absence of any mention of a cooling system (e.g., air conditioning) in the description could be a significant drawback for potential buyers, implying it might not have one or it's not a selling point.
About 205 Rancho Street
Charming 3 bedroom home with spacious lot. Welcome to this beautifully maintained 3 bedroom, 2 bathroom home offering 1,401 square feet of comfortable living space. Situated on a generous 6,098 square foot lot, this property combines functionality, charm, and outdoor space perfect for relaxing or entertaining. Enter into a bright and inviting interior featuring a well-designed floor plan with abundant natural light. The living room features marble flooring, while the kitchen has quartz countertops, offering plenty of counter space and storage for all your culinary needs. The master bedroom includes a private bathroom, granite countertop and the two additional bedrooms are perfect for the family, all three bedrooms have marble floors. Outside, enjoy a backyard with endless possibilities: garden, play area, or even space for future expansion. With plenty of space and a great layout, this home is ideal for families or anyone looking for comfort and convenience. Don't miss your opportunity to own this move-in ready gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 6,089 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,401 | 1,478.5 | 46% |
| Lot Size | 6,089 | 7,899.5 | 8% |
| Price | $305.0K | $250.0K | 75% |
| Price per sq ft | $218 | $164 | 79% |
| Built year | 1977 | 1975 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 216 | 50% |
Pricing History
Listed for Sale
Aug 4, 2025
$305,000
Initial Listing
Sold
Feb 28, 2024
$229,000
Public Record