
Ridgecrest, CA 93555
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 W Graaf Avenue Subject | $275,000* List Price | 4 | 2 | 1,816 | $160 | - |
A 313 Mamie Street Active | $315,000 List Price | 3 | 2 | 1,783 | $177 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
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.
Originally constructed in 1962, the property may necessitate additional inspections or future capital expenditures for aging structural or mechanical systems typical of its era.
Spacious 4-bedroom, 2-bath home offering approximately 1,816 sq. ft. of comfortable living space with an updated kitchen perfect for entertaining. Step through the French doors and out onto the large covered patio -- Garage has epoxy flooring and crown molding. Solar adds energy efficiency and savings from day one. Situated on a large corner lot with plenty of room to roam, the property also features a 3-car garage and RV parking -- conveniently located just minutes from NAWS China Lake, this home is an ideal fit for military personnel, defense contractors, engineers, and aerospace professionals seeking a short commute. Buyer to assume the current solar loan with an approximate monthly payment of $216/mo. Buyer is encouraged to verify solar loan terms and assumption requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,816 | - |
| Lot Size | 15,682 | - |
| Price | $275.0K | $286.9K |
| Price per sq ft | $151 | $173 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 214 |
Jul 2, 2026
$275,000
$315,000
-13% Price Drop
Initial Listing
Jun 24, 2026
$315,000
Initial Listing
Dec 18, 2020
$230,000
Public Record
Jul 8, 2011
$170,000
Public Record
Dec 30, 2009
$145,000
Public Record
Dec 21, 2005
$235,000
Public Record
Sep 7, 2000
$25,000
Public Record