
Wrightwood, California 92397
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $407,455 Fair Market Value by 2%. This valuation gap offers $8,455 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a full rehab to modernize its 1966 infrastructure. The large 12,000 sq. ft. lot, private lower-level suite, and direct access to BLM land provide significant value-add potential. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2073 Mojave Scenic Drive Subject | $399,000* List Price | 3 | 3 | 1,792 | $227 | - |
A 5471 Zurich Drive Sold | $494,000 | 3 | 2 | 1,884 | $262 | 0.6 mi |
B 5771 Heath Creek Sold | $428,650 | 4 | 3 | 1,980 | $216 | 0.8 mi |
C 2329 E Canyon Drive Sold | $408,000 | 4 | 2 | 2,090 | $195 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966, this 58-year-old property shows significant signs of deferred maintenance and unfinished projects. Interior images reveal missing floor coverings with exposed subfloors in the bedrooms and dated wood paneling. While the living area has newer laminate flooring, the overall age and the 'potential' noted in the description suggest that the kitchen, baths, and major systems likely require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12000, living area = 1792.
The property backs directly onto Bureau of Land Management (BLM) land, ensuring no immediate neighbors behind and providing a permanent natural backdrop for outdoor activities near the National Forest.
The sale includes additional parcels and a generous 12,000 sq. ft. flat lot, offering significant opportunities for future expansion or development in a desirable mountain setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12000, other record lot size in square feet = 7111.
Built in 1966, the home likely requires modernization and cosmetic updates to meet contemporary standards, as indicated by the description's mention of 'potential' and 'room to make it your own.'
The current list price of $399,000 is significantly lower than the 2023 sale price of $490,000, which may suggest a need for substantial repairs or a correction in market valuation.
Charming 3BR/3BA mountain home on a private road near the National Forest, offering beautiful views, privacy, and plenty of potential. Situated on a generous 12,000 sq. ft. lot with Bureau of Land Management, land directly behind the property, providing an open natural backdrop with no privately owned residential parcel immediately behind the home, open for your outdoor activities. The multi-level layout includes a private lower-level suite with separate entrance, bedroom, and bath. The main level features a cozy great room with wood-burning stove, open-beam ceilings, wood accents, and multiple decks to enjoy the mountain setting. Two additional bedrooms are located upstairs with deck access and ample closet space. Sale includes additional parcels, offering potential for future development, subject to applicable requirements. Flat lot, double-driveway parking, and room to make it your own. A unique opportunity with space, views, privacy, and expansion potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,792 | 1,349.571 |
| Lot Size | 12,000 | 11,171.786 |
| Price | $399.0K | $429.4K |
| Price per sq ft | $223 | $304 |
| Built year | 1966 | 1970 |
| HOA | $0 | $0 |
| Days on market | 6 | 70 |
Sep 3, 2026
$399,000
Initial Listing
Jul 28, 2023
$490,000
Public Record
Mar 16, 2006
$312,000
Public Record
Sep 12, 2002
$188,000
Public Record
Oct 24, 2000
$145,000
Public Record