21962 Elliot, Cedarpines Park, California 92322, Cedarpines Park, 92322 - 3 bed, 2 bath

21962 Elliot, Cedarpines Park, California 92322 home-pic-0
ACTIVE$415,000
21962 Elliot, Cedarpines Park, California 92322
3Beds
2Baths
1,982Sqft
13,706Lot

Price Vs. Estimate

The estimated value ($415,000) is $0 (0%) lower than the list price ($415,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 13706, living area = 1982.
Top Cons:
Property Age: Built in 1939, the home's age may imply potential for outdated systems (plumbing, electrical) or future maintenance requirements, which could necessitate additional investment.

Compared to the nearby listings

Price:$415.0K vs avg $294.0K (+$121,000)85%
Size:1,982 sqft vs avg 1,155 sqft85%
Price/sqft:$209 vs avg $27423%

More Insights

Built in 1939 (86 years old).
Condition: Built in 1939, this property shows signs of regular maintenance but features many outdated elements. The bathroom, while clean, has dated fixtures, fluorescent strip lighting, and louvered cabinet doors, suggesting a renovation 15-30 years ago. The living area with wood paneling and older light fixtures also points to an older aesthetic. While a mini-split AC unit indicates some modern updates, the overall style and condition of key areas like the bathroom, and the lack of visible modern kitchen, suggest the property is functional but requires significant cosmetic updates to meet current quality and style standards. It is not in disrepair, but it is not move-in ready for a buyer seeking modern finishes.
Year Built
1939
Close
-
List price
$415K
Original List price
$450K
Price/Sqft
$209
HOA
-
Days on market
-
Sold On
-
MLS number
IV25231362
Home ConditionFair
Features
Good View: Hills, Mountain(s), Trees/Woods
Deck
Spa
Patio
ViewHills, Mountain(s), Trees/Woods

About this home

Welcome to your mountain retreat in Cedarpines Park! his spacious 3-Bedroom, 3-Bathroom home offers versatile living with a family room, living room, and a bonus room that can be your art studio, private office, or guest space complete with its own bathroom. Enjoy cozy evenings by one of the two fireplaces or relax outside on the rear deck featuring a private hot tub. A front courtyard creates a charming entrance, while the large parking deck provides plenty of space for vehicles off the road. As another bonus you have a separate workshop and laundry space approximately 11.5 X 27, conveniently located right off the kitchen area. With easy access and a flexible floorplan that combines comfort and functionality, this property is ideal for full-time living, a second home, or a creative mountain retreat.

Condition Rating
Fair

Built in 1939, this property shows signs of regular maintenance but features many outdated elements. The bathroom, while clean, has dated fixtures, fluorescent strip lighting, and louvered cabinet doors, suggesting a renovation 15-30 years ago. The living area with wood paneling and older light fixtures also points to an older aesthetic. While a mini-split AC unit indicates some modern updates, the overall style and condition of key areas like the bathroom, and the lack of visible modern kitchen, suggest the property is functional but requires significant cosmetic updates to meet current quality and style standards. It is not in disrepair, but it is not move-in ready for a buyer seeking modern finishes.
Pros & Cons

Pros

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 = 13706, living area = 1982.
Versatile Living Spaces: The property offers a flexible floorplan with a family room, living room, and a bonus room complete with its own bathroom, ideal for an art studio, office, or guest quarters, enhancing its functionality and appeal.
Desirable Outdoor Amenities: Features include a private hot tub on the rear deck for relaxation and entertainment, complemented by a charming front courtyard, adding significant lifestyle value.
Dedicated Auxiliary Space: A separate and spacious workshop/laundry area (approximately 11.5 X 27 feet) conveniently located off the kitchen provides exceptional utility and storage.
Mountain Retreat Charm & Views: Positioned as a mountain retreat in Cedarpines Park, the home boasts two fireplaces and views of hills, mountains, and trees, appealing to buyers seeking a cozy, scenic lifestyle.
Ample Off-Road Parking: A large parking deck offers plenty of off-road space for vehicles, a practical and valuable feature in a mountain community.

Cons

Property Age: Built in 1939, the home's age may imply potential for outdated systems (plumbing, electrical) or future maintenance requirements, which could necessitate additional investment.
Multiple Price Reductions: The listing has undergone two price reductions from its original $450,000 to the current $415,000, which could suggest initial overpricing or market resistance, potentially raising buyer concerns.
Niche Market Appeal: While appealing as a 'mountain retreat,' the specific location in Cedarpines Park and its inherent characteristics may limit the overall pool of prospective buyers compared to properties in more broadly accessible areas.

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