23255 Highway 243, Idyllwild, California 92549, Idyllwild, 92549 - 2 bed, 2 bath
23255 Highway 243
Idyllwild, California 92549
Property Price
SUMMARY
Analysis of 23255 Highway 243, Idyllwild, California 92549 reveals a Prime Investment Opportunity with a current list price of $279,000—significantly undercutting the $288,158 Fair Market Value by 3%. This valuation gap indicates a +$9,158 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Idyllwild 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 |
|---|---|---|---|---|---|---|
★ 23255 Highway 243 Subject | $279,000* List Price | 2 | 2 | 936 | $308 | - |
A 24600 Schaffer Drive Sold | $350,000 | 2 | 2 | 1,152 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1991, this property is 33 years old and largely retains its original 1990s aesthetic. The kitchen features dated light wood cabinets, tile countertops, older white appliances, and vinyl flooring. Bathrooms also show similar dated finishes with basic vanities and vinyl flooring. While the property appears clean and functional, it has not undergone significant modern renovations and requires minor updates to bring it to current standards, particularly in the kitchen and bathrooms. The wood-burning stove and basic light fixtures further indicate an older, un-renovated condition, aligning with the 'Fair' category for properties built 25-40 years ago with no major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Positioned as one of the least expensive residential properties in the Idyllwild/Pine Cove market, with a listing price below the estimated market value, making it highly attractive for budget-conscious buyers or investors.
- Versatile Appeal
Explicitly marketed as ideal for both first-time homebuyers seeking an affordable entry into homeownership and investors looking for an income-producing rental property.
- Charming Interior Features
Boasts a spacious living room with a vaulted, sloped ceiling and a cozy free-standing wood-burning stove, enhancing its appeal and creating a warm, inviting atmosphere.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 936 square feet, the interior living space is relatively compact, which may be a constraint for growing families or those desiring more expansive rooms.
- Modest Lot Size
The lot size of 3,920 square feet is on the smaller side for a single-family residence, potentially offering limited outdoor privacy or space for significant landscaping/expansion.
- Aging Systems Potential
Built in 1991, the property is over 30 years old, suggesting that major systems (e.g., plumbing, electrical, heating) may be original and could require maintenance, repair, or replacement in the near future.
About 23255 Highway 243
PERFECT FOR FIRST TIME BUYERS OR INVESTORS! Don't miss this rare chance to own a single-level home at an unbeatable price! Built in 1991, this 2- bedroom, 1.75-bathroom home offers comfort and strong potential - whether you're a first-time home buyer ready to stop renting or an investor looking for your next income-producing property. Step inside to a spacious living room with a vaulted, sloped ceiling and a cozy free-standing wood-burning stove - perfect for creating a warm, inviting space. The kitchen offers generous cabinet and counter space, flowing seamlessly into the adjoining dining area, ideal for everyday living or entertaining. Enjoy outdoor living with a wrap-around deck, and a fenced dog run. Located on a county maintained road and just steps from the Pine Cove convenience store, this is one of, if not the least expensive Idyllwild/Pine Cove residential property currently on the market, and offers a great opportunity whether you're looking for an affordable place to call home or a smart addition to your rental portfolio.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 936 | 1,382.5 | 21% |
| Lot Size | 3,920 | 13,068 | 9% |
| Price | $279.0K | $492.5K | 1% |
| Price per sq ft | $298 | $356 | 28% |
| Built year | 1991 | 1973 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 197 | 26% |
Pricing History
Listed for Sale
Oct 18, 2025
$279,000
Initial Listing