
Campo, California 91906
This property presents a Strong Value Opportunity with a List Price of $495,000—positioned well above the $454,096 Fair Market Value by -9%. While priced above current estimates, the home features updated infrastructure including central A/C and dual-pane windows, mitigating major capital expenditures. With a Condition Rating of 4, the home offers significant potential for cosmetic modernization to build sweat equity. The 7,156 sq ft fenced lot and 4-car driveway provide rare utility for the area. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a solid, functional foundation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29909 Oak Dr Subject | $495,000* List Price | 3 | 2 | 1,296 | $350 | - |
A 29870 Mallard Drive Sold | $485,000 | 3 | 2 | 1,196 | $406 | 0.1 mi |
B 29845 Lake View Dr Sold | $455,000 | 3 | 2 | 1,539 | $296 | 0.1 mi |
C 2581 Lake Shore Drive Sold | $525,000 | 3 | 2 | 1,408 | $373 | 0.8 mi |
D 29433 Cacti Dr Sold | $535,000 | 3 | 2 | 1,566 | $342 | 0.7 mi |
E 2465 Gladiola Dr. Sold | $385,000 | 2 | 1 | 904 | $426 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old and remains largely dated in its interior finishes, such as the bathroom fixtures and wall heaters. While the 'big-ticket' systems like HVAC, dual-pane windows, and the water heater are recently updated, the home requires cosmetic modernization and landscaping to meet modern standards, fitting the criteria for a functional but dated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7165, living area = 1296.
The property features significant high-ticket upgrades including central A/C, dual-pane tempered glass windows, and a newer hot water heater, reducing immediate maintenance costs for the buyer.
Positioned as a value-add opportunity, this home allows buyers to build sweat equity through cosmetic improvements while benefiting from a solid structural and mechanical foundation.
The property is marketed as needing 'personal style,' implying that the interior finishes are likely dated and will require additional investment in flooring, paint, and fixtures.
Situated in Lake Morena Village, the property's distance from major urban centers and employment hubs may result in long commute times and limited access to metropolitan amenities.
Opportunity knocks in the heart of Lake Morena Village! This 3BD/2BA, 1,296 sq ft free-standing home on a 7,156 sq ft fenced lot is loaded with practical features: central A/C, propane heat, dual pane tempered glass windows, new hot water heater (2 yrs), septic system, 4-car driveway, and laundry hookups. Priced as a value-add opportunity — the big-ticket items are done, just bring your personal style. A rare East County find priced to move!
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 | 1,296 | 1,296 | 50% |
| Lot Size | - | 10,795 | 14% |
| Price | $495.0K | $485.0K | 52% |
| Price per sq ft | $382 | $379 | 52% |
| Built year | 1981 | 1973 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 191 | 5% |
May 14, 2026
$495,000
Initial Listing
Jul 22, 2009
$60,000
Public Record
Mar 29, 2005
$350,000
Public Record