23950 Jacaranda Drive, Tehachapi, CA 93561, Tehachapi, 93561 - 3 bed, 2 bath
ACTIVE$409,900$1,779/sqft
Est. Value: $245,524
-40%
AboveEstimate
23950 Jacaranda Drive, Tehachapi, CA 93561
3Beds
2Baths
1,779Sqft
47,044Lot
Price Vs. Estimate
The estimated value ($245,524.17) is $164,375.83 (40%) lower than the list price ($409,900). 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 = 47044, living area = 1779.
Top Cons:
Requires Substantial Renovation: Described as having 'bones to become something special' and needing 'sweat equity,' indicating the property requires significant renovation and updates to reach its full potential.
Compared to the nearby listings
Price:$409.9K vs avg $425.0K ($-15,100)44%
Size:1,779 sqft vs avg 1,823 sqft48%
Price/sqft:$230 vs avg $25040%
More Insights
Built in 1989 (37 years old).
Condition: Built in 1989, this property is 35 years old and shows significant signs of age and lack of updates. The kitchen features original wood cabinets, very dated tile countertops, old white appliances, and fluorescent box lighting, all requiring a full renovation. Bathrooms also have dated tile countertops, old vanities, and linoleum flooring. Carpets appear worn throughout, and light fixtures are outdated. The listing description itself notes that the property 'requires substantial renovation' and 'sweat equity,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation, though it appears structurally sound.
Year Built
1989
Close
-
List price
$410K
Original List price
-
Price/Sqft
$230
HOA
$200
Days on market
-
Sold On
-
MLS number
NDP2511180
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Welcome to 23950 Jacaranda Dr a great opportunity to own a horse friendly property in the gated community of Bear Valley Springs. Located just off the main road, this home sits on 1.08 acres of flat land. With mature oaks, spacious mountain views and its own horse stall its ideal for anyone looking to create their very own mini ranch This 3-bedroom, 2 bathroom home has the bones to become something special just bring your imagination and some sweat equity. With plenty of room for expansion if you're looking for an affordable entry into the Bear Valley Springs horse country, this property is your opportunity.
D
Darrick Waack
Listing Agent
Price History
Date
Event
Price
12/28/01
Sold
$144,000
Condition Rating
Poor
Built in 1989, this property is 35 years old and shows significant signs of age and lack of updates. The kitchen features original wood cabinets, very dated tile countertops, old white appliances, and fluorescent box lighting, all requiring a full renovation. Bathrooms also have dated tile countertops, old vanities, and linoleum flooring. Carpets appear worn throughout, and light fixtures are outdated. The listing description itself notes that the property 'requires substantial renovation' and 'sweat equity,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation, though it appears structurally sound.
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 = 47044, living area = 1779.
Horse-Friendly Property: Features an existing horse stall and is located in the renowned horse-friendly community of Bear Valley Springs, appealing to equestrian enthusiasts.
Gated Community Living: Situated within the secure and exclusive Bear Valley Springs gated community, offering enhanced privacy and peace of mind.
Expansive Flat Lot: Boasts a generous 1.08-acre flat lot, providing ample space for outdoor activities, landscaping, and potential future development.
Scenic Mountain Views & Mature Oaks: Offers picturesque mountain views and is adorned with mature oak trees, enhancing the property's natural beauty and serene ambiance.
Significant Expansion Potential: The property provides considerable room for expansion, allowing new owners to customize and grow the home to their specific needs and preferences.
Cons
Requires Substantial Renovation: Described as having 'bones to become something special' and needing 'sweat equity,' indicating the property requires significant renovation and updates to reach its full potential.
Dated Interior/Systems: Built in 1989, the home likely features original finishes and systems that may be outdated, necessitating further investment for modernization.
Ongoing Association Fees: Buyers will incur a monthly association fee of $200, which adds to the overall cost of homeownership.