26652 Silver Lakes, Helendale, California 92342, Helendale, 92342 - 3 bed, 2 bath
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Helendale, California 92342
This Value-Add Waterfront Retreat is listed at $349,900, representing a stable entry point at its $349,900 Fair Market Value. Holding a Condition Rating of 4, the property requires cosmetic TLC but offers immense potential for forced appreciation through modernization. Residents enjoy a clear Lake View from the front windows and immediate access to Silver Lakes resort amenities, including a 27-hole golf course and private boating lakes. Proximity to Helendale Elementary and Riverview Middle adds long-term family appeal. This 1,663 sqft home is a prime acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity in a premier desert community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26652 Silver Lakes Subject | $349,900* List Price | 3 | 2 | 1,663 | $210 | - |
A 26661 Mainsail Sold | $275,000 | 3 | 2 | 1,367 | $201 | 0.1 mi |
B 14307 Schooner Dr. Sold | $324,000 | 3 | 2 | 1,417 | $229 | 0.1 mi |
C 27065 Silver Lakes Parkway Sold | $349,000 | 3 | 2 | 1,680 | $208 | 0.5 mi |
D 26489 Blue Water Sold | $340,000 | 4 | 2 | 1,626 | $209 | 0.6 mi |
E 14411 Schooner Sold | $365,000 | 4 | 2 | 1,669 | $219 | 0.4 mi |
F 26632 Silver Lakes Sold | $370,000 | 3 | 2 | 1,786 | $207 | 0.0 mi |
G 26572 Mainsail Active Under Contract | $375,000 List Price | 3 | 2 | 1,801 | $208 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, the home is functional but shows significant signs of age and outdated styling. The kitchen retains original oak cabinetry, tile countertops with wide grout lines, and a dated fluorescent light box. While the living areas feature newer laminate flooring, the listing description explicitly states the property needs 'TLC' and 'vision,' making it a prime candidate for cosmetic renovation to build sweat equity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8064, living area = 1663.
Situated directly across from South Lake, this property offers desirable lake views and immediate proximity to the water, significantly enhancing its lifestyle appeal and long-term value.
Residents benefit from the extensive Silver Lakes amenities, including a 27-hole championship golf course, two private lakes for boating and fishing, tennis courts, and a clubhouse.
The listing indicates the home requires 'TLC' and vision, suggesting that immediate capital investment will be necessary to address repairs and outdated finishes.
The requirement for the buyer to assume the existing solar contract may complicate the financing process and adds a mandatory monthly financial obligation to the ownership costs.
Welcome to the lifestyle community of Silver Lakes! This home sits directly across from the water on South Lake, offering a great opportunity for buyers looking to create their own lake-area retreat. With a little vision and TLC, this property could truly shine. Whether you're a first-time buyer looking to build sweat equity or an investor searching for your next project, this home presents incredible potential in a highly desirable location. The property features a spacious backyard perfect for entertaining, relaxing, or creating your own outdoor oasis. A golf cart garage provides convenient storage for cruising around the community and enjoying all that Silver Lakes has to offer. Additional features include a soft water system, a water basin in the large garage, and solar on the home that will need to be assumed by the buyer. Living in Silver Lakes means access to resort-style amenities including a 27-hole championship golf course, two private lakes for boating and fishing, parks, walking paths, tennis courts, and more. Don’t miss this opportunity to own a home in this unique waterfront community and make it your own!
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 15.0 mi
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 | 1,663 | 1,921 | 30% |
| Lot Size | 8,064 | 8,430 | 27% |
| Price | $349.9K | $372.5K | 41% |
| Price per sq ft | $210 | $202 | 63% |
| Built year | 1990 | 1988 | 58% |
| HOA | $235.0 | $235 | 50% |
| Days on market | 22 | 210 | 2% |
Mar 31, 2026
$349,900
Initial Listing
Sep 24, 2015
$161,000
Public Record