215 Spyglass, Walnut, California 91789, Walnut, 91789 - 5 bed, 3 bath
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Walnut, California 91789
This property presents a High-Potential Investment Opportunity with a List Price of $1,288,000—positioned well above the $1,141,574 Fair Market Value by -12%. While requiring significant capital for a Condition Rating of 5, the expansive 13,971 sqft lot and location within the Walnut Valley Unified School District provide a strong foundation for value-add projects. The property features a City Lights View and a spacious 5-bedroom layout, making it a strategic acquisition for Fix-and-Flip Investors or Contractors focused on long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 Spyglass Subject | $1,288,000* List Price | 5 | 3 | 2,197 | $520 | - |
A 351 Foxboro Sold | $1,149,000 | 3 | 2 | 1,623 | $708 | 0.2 mi |
B 330 Amberwood Drive Active | $1,490,000 List Price | 5 | 3 | 2,919 | $510 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (approx. 40 years old) with no evidence of prior renovations. The listing explicitly states it needs full cosmetic and mechanical updating, making it a rehab project for flippers. Original systems and finishes are likely at the end of their life cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13971, living area = 2197.
Situated within the highly acclaimed Walnut Valley Unified School District, this property offers exceptional long-term value and is a major draw for families prioritizing top-tier education.
The generous 13,971 square foot lot is significantly larger than average for the area, providing ample space for outdoor amenities, landscaping, or potential ADU development.
The property requires full cosmetic and mechanical updating, implying a substantial capital investment is needed to address aging systems and outdated interiors.
Being sold strictly in 'as-is' condition, the property may face challenges with traditional financing, likely limiting the buyer pool to cash investors or those with specialized renovation loans.
Great investment opportunity in the desirable Walnut Ridge. Solid structural bones in a prime location. Needs full cosmetic and mechanical updating. Bring your design ideas and toolkit to this charming 5-bedroom, 3-bath home. Ideal for DIY Enthusiast, cash buyers and flippers. This property features a spacious layout and a large lot backyard. Perfect for build a sweat equity. Home is being sold strictly as-is. Priced to sell. All offers considered. Don't let the opportunity slip away!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,197 | 2,204.5 | 50% |
| Lot Size | 13,971 | 9,333 | 73% |
| Price | $1.29M | $1.26M | 54% |
| Price per sq ft | $586 | $609 | 40% |
| Built year | 1986 | 1984 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 155 | 3% |
May 26, 2026
$1,288,000
Initial Listing
May 25, 2026
$1,280,000
Initial Listing
May 28, 2003
$400,000
Public Record