29145 Hook Creek, Cedar Glen, California 92321, Cedar Glen, 92321 - 2 bed, 1 bath
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29145 Hook Creek
Cedar Glen, California 92321
ACTIVE
CONDITION: FAIR
2Beds
1Baths
864Sq Ft
2,852Lot Size
Property Price
LIST PRICE$349,500
EST. MARKET VALUE
$338,091
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $349,500—positioned well above the $338,091 Fair Market Value by -3%. Featuring Dual Zoning & Expansion Potential and a durable 7-year-old metal roof, this Fair Condition Rating asset offers significant versatility for business use. While the interior requires modernization, the inclusion of an adjacent lot with an enormous garage provides substantial value-add potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, mountain-ready commercial-residential hybrid.
Estimated Market Value
$338,091
Based on Realkey algorithm analyzing recent comparable sales in Cedar Glen.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29145 Hook Creek Subject | $349,500* List Price | 2 | 1 | 864 | $391 | - |
A 215 Western Active | $319,000 List Price | 3 | 2 | 982 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1933, the property is functional but significantly dated. While the metal roof is a recent upgrade (7 years), the interior features 30+ year old finishes including wood paneling, older carpeting, and a dated kitchen with aging appliances. The heating system relies on an older wall unit rather than modern central HVAC, placing it in the 'Fair' category due to the need for cosmetic and system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Zoning & Expansion Potential
The property is uniquely zoned for both residential and commercial use and includes an adjacent lot with an enormous detached garage, offering exceptional versatility for business owners or hobbyists.
- Mountain-Ready Infrastructure
Featuring a durable metal roof approximately seven years old, the home is well-equipped to handle mountain weather conditions, reducing immediate capital expenditure for the buyer.
- Flexible Financing Options
The seller's willingness to consider carrying the note with a large down payment provides a rare and valuable opportunity for buyers who may face challenges with traditional lending.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Square Footage
With only 864 square feet of living space, the home's compact footprint may be restrictive for families or those requiring more spacious interior accommodations.
- Vintage Structural Age
Originally built in 1933, the property likely requires ongoing maintenance and modernization to bring its systems and insulation up to contemporary efficiency standards.
About 29145 Hook Creek
Great location in the quaint town of Cedar Glen mountain community. Lots of parking and opportunity for this great residentail home which is also zoned commercial. The adjacent lot 331-132-02 has an enormous detached garage which is also included with the sale of the home and lots of storage. This cozy 2 bedroom home has lots of charm with an indoor laudry room just off the kitchen for convience. Enjoy a home cooked meal in the dining, living room combination with a crackling fire in the fireplace during a chilly night. Lots of guests, no problem. Lots of parking! The metal roofing is appormately 7 years new and perfect for mountain weather. Just a hop skip and a jump to the ever popular malt shop since the 1950's. Sellers are willing to sell properties adjacent to this cozy home @ 29135 Hook Creek Rd and 215 western Drive All as a package price!! all properties are zoned commercial. Seller may consider carrying, with a large downpayment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1933
- Lot Size
- 2,852 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.2 |
| Baths | 1.0 | 1.8 |
| Square foot | 864 | 1,230.167 |
| Lot Size | 2,852 | 13,198.167 |
| Price | $349.5K | $330.8K |
| Price per sq ft | $405 | $331 |
| Built year | 1933 | 1967 |
| HOA | $0 | $0 |
| Days on market | 6 | 206 |
Pricing History
Listed for Sale
Sep 3, 2026
$349,500
Initial Listing