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28261 Preakness Drive, Stallion Springs, CA 93561, Stallion Springs, 93561 - 3 bed, 2 bath

28261 Preakness Drive, Stallion Springs, CA 93561 home-pic-0
ACTIVE$249,900$1,152/sqft
28261 Preakness Drive, Stallion Springs, CA 93561
3Beds
2Baths
1,152Sqft
13,862Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 13862, living area = 1152.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13862, other record lot size in square feet = 13939.

Compared to the nearby listings

Price:$249.9K vs avg $425.0K ($-175,100)15%
Size:1,152 sqft vs avg 1,823 sqft10%
Price/sqft:$217 vs avg $25038%

More Insights

Built in 1986 (40 years old).
Condition: Built in 1986, this property is explicitly described as a 'fixer-upper' and a 'canvas awaits your creative touch,' which is clearly reflected in the images. The interior shows extensive demolition or preparation for renovation, with stripped walls, missing flooring, and very dated, worn kitchen cabinets, countertops, and appliances. Both bathrooms feature original, outdated fixtures and finishes that require full replacement. The exterior also shows signs of neglect with overgrown landscaping and peeling paint. The property requires substantial repairs and rehabilitation to be move-in ready and meet modern living standards.
Year Built
1986
Close
-
List price
$250K
Original List price
-
Price/Sqft
$217
HOA
$0
Days on market
-
Sold On
-
MLS number
CV26002086
Home ConditionPoor
Features
Good View:
Patio
View-

About this home

A ranch-style starter home located in Stallion Springs amidst the rolling hills and oak-studded landscape of California. Step outside to a backyard surrounded by the Tehachapi mountains, an ideal retreat for those seeking outdoor relaxation and serene beauty of Southern California living. Nestled in the picturesque community of Stallion Springs, California, awaits a perfect opportunity. A single-story 1,152 square foot ranch-style home with three bedrooms and two bathrooms, conveniently located close to town. A perfect starter home for a new familiy, young couple, investment income property, empty nester, second vacation home away from the big city. This opportunity offers a chance for a dream home with a vision and desire to personalize their living space. The potential of this property extends outdoors, where you'll find a spacious yard with endless possibilities. Whether you envision a lush garden, outdoor entertaining space, or a private retreat surrounded by Stallion Springs' natural beauty, The canvas awaits your creative touch for this fixer-upper. Stallion Springs is known for its friendly community, scenic surroundings, and outdoor recreation opportunities, making it an ideal place to put down roots or a weekend getaway. Plus, the nearby Stallion Springs General Store and equestrian facilities add to the charm of this location.

M
Mitchell Kasdin
Listing Agent

Nearby schools

4/10
Cummings Valley Elementary School
Public,•K-5•5.0mi
5/10
Jacobsen Middle School
Public,•6-8•11.7mi
6/10
Tehachapi High School
Public,•9-12•11.8mi

Price History

Date
Event
Price
07/18/14
Sold
$85,000
04/30/04
Sold
$75,000
Condition Rating
Poor
Built in 1986, this property is explicitly described as a 'fixer-upper' and a 'canvas awaits your creative touch,' which is clearly reflected in the images. The interior shows extensive demolition or preparation for renovation, with stripped walls, missing flooring, and very dated, worn kitchen cabinets, countertops, and appliances. Both bathrooms feature original, outdated fixtures and finishes that require full replacement. The exterior also shows signs of neglect with overgrown landscaping and peeling paint. The property requires substantial repairs and rehabilitation to be move-in ready and meet modern living standards.
Pros & Cons

Pros

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 = 13862, living area = 1152.
Scenic Location & Mountain Views: The property is nestled in Stallion Springs amidst rolling hills, oak-studded landscapes, and offers a backyard surrounded by the serene Tehachapi mountains, ideal for outdoor relaxation.
Versatile Appeal: This ranch-style home is presented as a perfect opportunity for a new family, young couple, investment income property, empty nester, or a second vacation home, appealing to a broad buyer demographic.
Customization Potential: Described as a 'fixer-upper' and a 'canvas awaits your creative touch,' it offers significant potential for buyers to personalize and create their dream living space.
Generous Lot Size & Outdoor Space: The property boasts a spacious 13,862 sqft lot with endless possibilities for a lush garden, outdoor entertaining, or a private retreat, enhancing its lifestyle appeal.
Affordable Price Point: With a list price of $249,900 and no HOA fees, this property offers an accessible entry point into homeownership or investment in a desirable community.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13862, other record lot size in square feet = 13939.
Fixer-Upper Condition: Explicitly stated as a 'fixer-upper,' the property will require additional investment and effort for renovations and updates to meet modern standards or personal preferences.
Older Construction: Built in 1986, the home's age suggests potential for outdated systems, finishes, and energy efficiency, which may necessitate significant upgrades.
Distant Schools: While school ratings are decent, the middle and high schools are located over 11 miles away, which could be a considerable drawback for families with school-aged children.
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