2924 Raccoon Drive, Mountain Mesa, CA 93240, Mountain Mesa, 93240 - 3 bed, 2 bath
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Mountain Mesa, CA 93240
This Spacious Mountain View Residence is a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $318,496 Fair Market Value by 12%. This valuation gap offers $39,496 in Instant Equity for buyers. While the interior carries a Fair Condition Rating with original 1979 finishes, the property features a newer roof, solar system, and HVAC. The massive 11,761 sq. ft. corner lot includes a 14' x 20' workshop and RV access. This is an ideal acquisition for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2924 Raccoon Drive Subject | $279,000 | 3 | 2 | 1,634 | $195 | - |
A 6201 Quail Sold | $315,000 | 3 | 2 | 1,500 | $210 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained with significant upgrades to major systems, including a newer roof, HVAC, dual-pane windows, and a solar system. However, the interior remains largely in its original 1979 condition, featuring dated tiled kitchen countertops, older cabinetry, popcorn ceilings, and aged carpeting throughout. While functional and move-in ready, it requires cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11734, living area = 1634.
The property features a newer roof, A/C, water heater, dual-pane windows, and a solar system, significantly reducing immediate capital expenditures and improving energy efficiency for the new owner.
Situated on a spacious 11,761 sq. ft. corner lot, the home offers RV access and a 14' x 20' workshop shed with a garage door, providing exceptional storage and workspace versatility.
The property spent 148 days on the market and required multiple price reductions to sell, suggesting that the initial pricing strategy did not align with market demand.
With a 1.75-bathroom setup rather than two full baths, the home may be less appealing to families or buyers specifically seeking a second bathtub.
This home features newer dual pane windows, newer roof, newer a/c, newer water heater, solar system, brick wood burning stove and a14' X 20' shed with a garage style door can be used as a workshop in the back yard, plus a nice deck with covered patio. Mountain Mesa home is 1,634sf 2 living areas, 3 bed 1.75 bath on a huge 11,761sf corner lot with RV access.
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 | 1,634 | 1,500 | 57% |
| Lot Size | 11,734 | 11,734 | 50% |
| Price | $279.0K | $279.0K | 50% |
| Price per sq ft | $171 | $171 | 50% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 169 | 169 | 57% |
Feb 1, 2026
$279,000
$285,000
-2% Price Drop
Initial Listing
Jan 29, 2026
$285,000
$299,000
-5% Price Drop
Initial Listing
Nov 4, 2025
$299,000
Initial Listing
Jul 9, 2008
$225,000
Public Record
Mar 16, 2004
$149,000
Public Record
Nov 15, 2002
$128,000
Public Record