272 Alder Way, Lytle Creek, California 92358, Lytle Creek, 92358 - 2 bed, 2 bath
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272 Alder Way
Lytle Creek, California 92358
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,160Sq Ft
4,000Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$384,720
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $384,720 Fair Market Value by 2%. This valuation gap offers $9,720 in Instant Equity. Featuring a Fair Condition Rating (5/10), the asset includes a rare 4,000 sq. ft. adjacent lot and a versatile loft with exterior access. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value through renovation and potential rental income.
Estimated Market Value
$384,720
Based on Realkey algorithm analyzing recent comparable sales in Lytle Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 272 Alder Way Subject 2 bd · 2 ba · 1,160 sqft · $332 | $375,000* List Price | 2 | 2 | 1,160 | $332 | - |
A 13886 Hazel Drive Sold 2 bd · 1 ba · 844 sqft · $355 · 0.8 mi | $300,000 | 2 | 1 | 844 | $355 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 (50+ years old) with no evidence of recent renovations. The bathroom features highly dated linoleum flooring, aged fixtures, and visible wear/staining on the walls. Marketed as an 'opportunity' and including an adjacent lot, the property requires a full rehab to meet modern safety and aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansion Potential
The inclusion of an adjacent 4,000 sq. ft. flat lot provides significant added value and rare usable land in a mountain setting for future development or increased privacy.
- Flexible Living Space
A loft with a dedicated exterior staircase offers excellent versatility, allowing for a third bedroom or a potential rental unit to generate supplemental income.
- Mountain Lifestyle Features
The property is well-equipped for outdoor enthusiasts, featuring dedicated RV parking, a carport, and scenic mountain views that enhance its rustic appeal.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Built in 1973, the home may require capital improvements to modernize its original systems and interior finishes to meet current buyer expectations.
- Compact Living Area
With a total of 1,160 square feet, the interior footprint is relatively small, which may feel restrictive for buyers seeking a more spacious residential layout.
About 272 Alder Way
COME SEE THIS LYTLE CREEK OPPORTUNITY!!! THIS PROPERTY FEATURES 2 BEDROOMS AND 2 BATHROOMS 1150 SQ FEET ON A 4000 SQ FOOT LOT. THE PROPERTY IS LISTED WITH THE ADJACENT LOT NEXT DOOR WHICH IS A FLAT LOT 4000 SQ FEET. THERE IS RV PARKING ON THE PROPERTY WITH A CARPORT. THERE IS A SIDE STAIR CASE THAT GOES UP TO A LOFT WHICH COULD BE A THIRD BEDROOM OR POSSIBLE RENTAL.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 2.3 |
| Baths | 2.0 | 1.4 |
| Square foot | 1,160 | 1,224.857 |
| Lot Size | 4,000 | 58,441.143 |
| Price | $375.0K | $457.1K |
| Price per sq ft | $323 | $326 |
| Built year | 1973 | 1972 |
| HOA | $0 | $0 |
| Days on market | 11 | 73 |
Pricing History
Listed for Sale
Oct 13, 2026
$375,000
Initial Listing