31475 Chihuahua Valley Road, Warner Springs, California 92086, Warner Springs, 92086 - 2 bed, 2 bath

31475 Chihuahua Valley Road, Warner Springs, California 92086 home-pic-0
ACTIVE$2,960,000
31475 Chihuahua Valley Road, Warner Springs, California 92086
2Beds
2Baths
1,560Sqft
14,017,608Lot
Year Built
1983
Close
-
List price
$2.96M
Original List price
$2.96M
Price/Sqft
$1,897
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2406861
Home ConditionPoor
Features
Excellent View: Canyon, Hills, Lake, Landmark, Meadow, Mountain(s), Panoramic, Pasture, Creek/Stream, Valley, Trees/Woods
ViewCanyon, Hills, Lake, Landmark, Meadow, Mountain(s), Panoramic, Pasture, Creek/Stream, Valley, Trees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $2.96M(71th), sqft - 1560(57th), beds - 2(50th), baths - 2(50th).

Discover Sky Oaks, a meadowland land oasis bursting with natural biodiversity. Own a piece of American history and experience this majestic rustic retreat. Endless development opportunities abound including ranch estates, multiple dwelling investments, wellness centers, spas, retreats, equestrian resorts, glamping, eco-lodges, hiking lodges, vineyards and wineries. The area is surrounded by natural landmarks, including the Pacific Crest Trail, Palomar Mountain, Anza-Borrego Desert State Park, Cleveland National Forest, while the California Riding & Hiking Trail runs between the land and offers sweeping views of Lake Henshaw. Sky Oaks provides absolute privacy with thousands of surrounding open-space public land acreage, while being enclosed on three-sides by mountain ranges. Most of the land is level with open fields, abundant trees and shrubland, and numerous wells located on the property. The Sky Oaks property covers 637.58 acres divided into 3 listings (West, East, & Central) for flexibility in ownership, across 12 parcels. SKY OAKS EAST contains 8 parcels (Parcels 4-11), zoned RL-20, apart for parcel 5, zoned SR-10. Distinct features of Sky Oaks East include Sky View House (1 well), hiking trails and streambeds, trails built for horses leading to tourmaline mine, Sky View Meadowland (grassland with scattered oak and 1 well), east and south protected by precious conservation open space, and access from private automatic gate at end of Chihuahua Valley Road via private easement for community adjacent owners.

Nearby schools

/10
Warner Elementary School
Public,K-64.9mi
3/10
Warner Junior/Senior High School
Public,7-126.3mi

Price History

Date
Event
Price
08/02/24
Listing
$2,960,000
Condition Rating
Poor

The property was built in 1983, making it 41 years old with no mentioned renovations. The listing description explicitly states the 'Sky View House' has 'minimal existing residential value' and is 'modest relative to the vast land,' indicating the primary value is in the land's development potential, not the existing structure. The complete absence of interior images, especially for a property of this price point, strongly suggests the house is in a state requiring substantial repairs and rehabilitation, with outdated systems and features that are not considered a selling point.
Pros & Cons

Pros

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 = 14017608, living area = 1560.
Unparalleled Development Potential: The property offers 'endless development opportunities' for various ventures like ranch estates, wellness centers, equestrian resorts, vineyards, and eco-lodges, supported by its vast acreage and natural features.
Exceptional Privacy and Natural Beauty: Boasts 'absolute privacy' with thousands of surrounding open-space public land, enclosed by mountain ranges, and described as a 'meadowland land oasis bursting with natural biodiversity.'
Abundant Natural Resources & Usable Terrain: Features 'numerous wells,' 'level with open fields,' and 'abundant trees and shrubland,' providing essential resources and versatile land for various uses.
Proximity to Major Natural Landmarks: Strategically located near the Pacific Crest Trail, Palomar Mountain, Anza-Borrego Desert State Park, and Cleveland National Forest, enhancing its appeal for nature-based tourism or private enjoyment.
Flexible Ownership Structure & Large Acreage: Part of a larger 637.58-acre estate, this 321.8-acre listing (Sky Oaks East) comprises 8 parcels, offering flexibility for phased development or diverse ownership strategies.

Cons

Minimal Existing Residential Value: The existing 1,560 sqft, 2-bed/2-bath 'Sky View House' is modest relative to the vast land, indicating the primary value is in the land's development potential rather than a ready-to-occupy luxury residence.
Remote Location & Accessibility: Situated in Warner Springs, a rural area, which implies limited access to urban amenities, services, and potentially longer travel times, narrowing the potential buyer demographic.
Development Complexity & Investment: Realizing the extensive development opportunities will require significant capital investment, extensive planning, and navigating complex zoning (RL-20, SR-10) and permitting processes for large-scale projects.

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