
Borrego Springs, California 92004
This 3-bedroom residence presents a High-Potential Investment Opportunity, listed at $350,000—positioned well above the $299,900 Fair Market Value by 16%. While the property currently lacks an equity gap, its Fair Condition Rating and 2005 construction offer a solid foundation for value-add cosmetic updates. The home features a spacious 11,325 sq. ft. lot and energy-efficient leased solar, providing long-term utility savings. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home with significant potential for personalization in the Borrego Springs Unified district.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it in the 'Fair' category. While the home is well-maintained with functional tile flooring and energy-efficient solar, the interior finishes and fixtures are dated to the original construction and will likely require minor updates to the kitchen and baths to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11325, living area = 1436.
The property is equipped with leased solar panels, providing a significant advantage for managing utility costs in the desert climate of Borrego Springs.
Built in 2005, the home features vaulted ceilings and an open floor plan that creates a bright, spacious, and contemporary living environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11325, other record lot size in square feet = 11242.
The solar system is leased rather than owned, which requires the buyer to assume the lease terms and may impact long-term financial considerations.
The property offers a standard neighborhood view, lacking the dramatic mountain or desert vistas that are highly sought after in this specific region.
This well maintained 3 bedroom, 2 bath home features tile flooring throughout and an open floor plan designed for comfortable living. The spacious living area boasts vaulted ceilings, creating a bright and airy atmosphere. An attached two-car garage adds convenience, while the home’s location offers easy access to nearby town amenities. Equipped with leased solar for improved energy efficiency.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,436 | 1,685 | 35% |
| Lot Size | 11,325.6 | 16,988.4 | 35% |
| Price | $350.0K | $360.0K | 45% |
| Price per sq ft | $244 | $237 | 55% |
| Built year | 2005 | 1990 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 143 | 3% |
May 8, 2026
$350,000
Initial Listing
Jul 29, 2013
$123,000
Public Record
Mar 22, 2005
$175,000
Public Record
May 20, 2004
$6,000
Public Record