3129 Frying Pan Rd, Borrego Springs, California 92004, Borrego Springs, 92004 - 3 bed, 3 bath
3129 Frying Pan Rd
Borrego Springs, California 92004
Property Price
SUMMARY
Analysis of 3129 Frying Pan Rd, Borrego Springs, California 92004 reveals a Prime Investment Opportunity with a current list price of $335,000—significantly undercutting the $350,000 Fair Market Value by 4%. This valuation gap indicates a +$15,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Borrego Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3129 Frying Pan Rd Subject | $335,000* List Price | 3 | 3 | 1,696 | $206 | - |
A 2846 Frying Pan Rd Sold | $360,000 | 3 | 3 | 1,707 | $211 | 0.7 mi |
B 2960 Frying Pan Rd Active | $345,000 List Price | 3 | 2 | 1,500 | $230 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1978, this home has received significant functional updates, including newer windows and energy-saving mini-split A/C systems throughout, which greatly enhance its efficiency and comfort. The kitchen features solid surface countertops and a subway tile backsplash, providing a clean and updated look, though the cabinets and some appliances are older. Bathrooms also appear updated with modern vanities and fixtures. The property is well-maintained, with clean tile and carpet flooring. While some aesthetic elements like the kitchen cabinets and fireplace show their age, the crucial system updates make it move-in ready with no immediate major renovations required, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 22215, living area = 1696.
- Expansive Desert & Mountain Views
The property offers stunning and expansive views of the surrounding desert landscape and mountains, creating a natural and serene backdrop.
- Energy Efficiency & Modern Comforts
Equipped with newer windows and energy-saving mini-split A/C systems in the living room and all bedrooms, enhancing comfort and reducing utility costs.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1978, while well-maintained, the property's age may suggest that some original systems (e.g., plumbing, electrical, roof) could require future updates or maintenance not explicitly mentioned.
- Niche Market Location
Located in Borrego Springs, a remote desert community, which may appeal to a specific buyer demographic seeking solitude but could limit the overall market pool due to its isolation and extreme climate.
- Limited Specific Outdoor Amenities
Despite the large lot and views, the description does not detail specific developed outdoor living features such as a pool, extensive patio, or landscaped gardens, which some buyers might expect from a desert retreat.
About 3129 Frying Pan Rd
Charming Desert Retreat on a Quiet Cul-de-Sac. Nestled on a little over half an acre, this well-maintained single-family home offers 1,696 square feet of comfortable living space with 3 bedrooms and 3 bathrooms. Designed for both comfort and efficiency, the home features newer windows and energy-saving mini-split A/C systems in the living room and all bedrooms. The kitchen is appointed with solid surface countertops, providing both style and durability. Enjoy peaceful living on a quiet cul-de-sac, where expansive views of the surrounding desert landscape and mountains create a stunning natural backdrop. An ideal full-time residence, vacation home, or investment opportunity for those seeking space, scenery, and serenity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 22,215.6 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,696 | 1,550 | 60% |
| Lot Size | 22,215.6 | 18,077.4 | 60% |
| Price | $335.0K | $362.5K | 40% |
| Price per sq ft | $198 | $240 | 25% |
| Built year | 1978 | 1989 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 153 | 10% |
Pricing History
Listed for Sale
Mar 1, 2026
$335,000
$350,000
-4% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$350,000
Initial Listing
Sold
Mar 27, 2020
$201,000
Public Record
Sold
Jan 30, 2018
$155,000
Public Record
Sold
May 7, 2009
$89,000
Public Record
Sold
Dec 13, 2004
$275,000
Public Record