
Cedar Glen, California 92321
This property presents a High-Potential Investment Opportunity with a List Price of $359,000—positioned well below the $322,091 Fair Market Value by -11%. Featuring a Fair Condition Rating, the home requires a full interior modernization to address its vintage 1934 infrastructure. However, the large 7,458 sqft lot and entertainer's deck provide a solid foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive rehab to unlock the property's full mountain retreat potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29288 Lake View Subject | $359,000* List Price | 3 | 2 | 972 | $331 | - |
A 29196 Lake Brook Avenue Active | $419,000 List Price | 3 | 1 | 1,360 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1934, the property shows interior finishes and a kitchen that appear to be 30-50 years old. The kitchen features dated flat-panel cabinetry, 1970s-style yellow square tiling, and laminate countertops. With the last sale in 1996 and no evidence of recent renovations, the home requires a full rehab of the kitchen, bathrooms, and likely mechanical systems to address its age and lack of modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7458, living area = 972.
The property features a rare, nearly flat corner lot with ample parking for multiple vehicles or an RV, complemented by a large entertainer's deck perfect for enjoying northwest sunsets.
Ideally situated for outdoor enthusiasts, the home offers immediate access to National Forest and Deep Creek trails while remaining conveniently close to Cedar Glen’s dining and shopping.
At just 972 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces and bedrooms may feel significantly cramped.
Built in 1934 and held by the same owner for nearly 30 years, the property likely requires modernization of its core systems and finishes to meet contemporary standards.
Charming 3 bedroom/2 bathroom mountain retreat conveniently located near Cedar Glen’s dining and shopping. This nearly flat corner Lot offers ample parking for multiple guests, trailer or small RV. Enjoy Summer BBQs from a large entertainers front deck facing North West sunsets. A small garage is ideal for off road toys, workshop, or storage area. This is a great location for outdoor enthusiasts with endless National Forest/Deep Creek trails just down Hook Creek Rd. First time on market since 1996 and ready for the next family to create mountain memories for years to come!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 972 | 972 | 50% |
| Lot Size | 7,458 | 8,460 | 43% |
| Price | $359.0K | $359.0K | 50% |
| Price per sq ft | $369 | $320 | 86% |
| Built year | 1934 | 1949 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 340 | 14% |
Jun 1, 2026
$359,000
Initial Listing
Aug 16, 1996
$54,000
Public Record