
Apple Valley, California 92307
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $365,719 Fair Market Value by 4%. This valuation gap offers $15,719 in Instant Equity for buyers prepared to address the Fair Condition Rating and critical infrastructure repairs. Featuring an expansive 34,848 sq. ft. lot with panoramic mountain views, the site offers significant ADU potential. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking to maximize long-term equity through comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20971 Thunderbird Road Subject | $350,000* List Price | 3 | 2 | 1,533 | $239 | - |
A 15155 Apache Sold | $399,900 | 3 | 2 | 1,370 | $292 | 0.2 mi |
B 15590 Erie Road Sold | $360,000 | 3 | 2 | 1,415 | $254 | 0.7 mi |
C 15111 Cheyenne Sold | $395,000 | 4 | 2 | 1,892 | $209 | 0.3 mi |
D 15395 Apache Active | $414,999 List Price | 3 | 2 | 1,680 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37+ years old) with mostly original, dated interiors including the kitchen and popcorn ceilings. The property has significant safety and system defects, specifically a burst pipe resulting in no water service and an electrical panel requiring full replacement, necessitating a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34848, living area = 1533.
The massive 34,848 sq. ft. lot provides ample space for outdoor recreation, property expansion, or the addition of an Accessory Dwelling Unit (ADU), offering significant long-term flexibility.
The property features beautiful vistas of the surrounding desert and mountains, enhancing the aesthetic appeal and providing a serene atmosphere for residents.
The property requires immediate and costly repairs, including a full electrical panel replacement and remediation of a burst pipe that has necessitated turning off the water.
The seller's refusal to provide credits or make repairs may limit financing options to cash or specialized renovation loans, excluding buyers reliant on standard FHA or VA terms.
This 3-bedroom, 2-bath home offers approximately 1,533 sq. ft. of living space, an attached 2-car garage, and an expansive approximately 34,848 sq. ft. lot with plenty of room to enjoy, improve, and potentially expand. The large lot may offer potential for an ADU, additional improvements, or expanded outdoor use, subject to buyer verification with the appropriate agencies regarding zoning, permits, utilities, and development requirements. The home is being sold AS-IS and does need repairs. The electrical panel needs replacement, and the property experienced a burst pipe. The owners have turned the water off as a result. Seller will not make repairs or provide credits for repairs. Despite the needed work, this property offers a strong combination of living space, an attached garage, and a large lot in Apple Valley. Bring your vision and take advantage of the opportunity to improve the home while creating additional value over time. Buyer and buyer’s agent are encouraged to conduct all desired inspections and investigations and independently verify square footage, lot size, permits, utilities, property condition, and any potential ADU or development opportunities.
No exterior & parking available.
Grades K-6 • 2.0 mi
Grades K-6 • 2.0 mi
Grades K-6 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,533 | 1,716.156 |
| Lot Size | 34,848 | 22,699.063 |
| Price | $350.0K | $442.5K |
| Price per sq ft | $228 | $241 |
| Built year | 1987 | 1990 |
| HOA | $0 | $246 |
| Days on market | 11 | 69 |
Aug 29, 2026
$350,000
Initial Listing
Aug 13, 1997
$90,000
Public Record