249 W Graaf Avenue, Ridgecrest, CA 93555, Ridgecrest, 93555 - 4 bed, 2 bath
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249 W Graaf Avenue
Ridgecrest, CA 93555
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,816Sq Ft
15,682Lot Size
Property Price
LIST PRICE$275,000
EST. MARKET VALUE
$286,477
4% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $275,000—positioned well below the $290,228 Fair Market Value by 5%. This valuation gap offers $15,228 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes an updated kitchen and a large covered patio on a generous corner lot. Its proximity to NAWS China Lake makes this an ideal acquisition for Buy-and-Hold Investors or defense industry professionals seeking a convenient, high-utility home.
Estimated Market Value
$286,477+$11,477 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ridgecrest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 W Graaf Avenue Subject | $275,000* List Price | 4 | 2 | 1,816 | $158 | - |
A 313 Mamie Street Active | $305,000 List Price | 4 | 2 | 1,783 | $171 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1962, the home features a modern updated kitchen with shaker cabinets and stone countertops that appear to be within a 5-15 year renovation window. The inclusion of solar panels provides a significant system upgrade, and the interior is functional and move-in ready, despite the dated exterior landscaping and evaporative cooling system.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 15682, living area = 1816.
- Extensive Parking and Storage
The property features a rare 3-car garage and dedicated RV parking on a spacious corner lot, providing significant utility for vehicle storage and outdoor hobbies.
- Prime Location for Professionals
Situated just minutes from NAWS China Lake, this home offers an exceptionally short commute for military personnel and defense contractors, bolstering its long-term demand and rental appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Solar Loan Assumption
The requirement for the buyer to assume a solar loan of approximately $216 per month increases fixed monthly expenses and may complicate the financing process for some applicants.
- Vintage Infrastructure
Originally constructed in 1962, the property may necessitate additional inspections or future capital expenditures for aging structural or mechanical systems typical of its era.
About 249 W Graaf Avenue
Situated on a large corner lot, this 4-bedroom, 2-bath home offers approximately 1,816 sf. Features include an updated kitchen, French doors leading to a spacious covered patio, RV parking, and a finished 3-car garage with epoxy flooring and crown molding. Conveniently located just minutes from NAWS China Lake, making it ideal for military personnel, defense contractors, engineers, and aerospace professionals. Buyer to assume existing solar loan (approximately $216/month). Buyer to verify loan balance and assumption requirements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,816 | 1,471 |
| Lot Size | 15,682 | 5,227 |
| Price | $275.0K | $310.0K |
| Price per sq ft | $151 | $211 |
| Built year | 1962 | 1986 |
| HOA | $0 | $164 |
| Days on market | 77 | 26 |
Pricing History
Listed for Sale
Jul 2, 2026
$275,000
$315,000
-13% Price Drop
Initial Listing
Price Change
Jun 24, 2026
$315,000
Initial Listing
Sold
Dec 18, 2020
$230,000
Public Record
Sold
Jul 8, 2011
$170,000
Public Record
Sold
Dec 30, 2009
$145,000
Public Record
Sold
Dec 21, 2005
$235,000
Public Record
Sold
Sep 7, 2000
$25,000
Public Record