32111 State Highway 18, Lucerne Valley, California 92356, Lucerne Valley, 92356 - 3 bed, 2 bath
ACTIVE$417,000
32111 State Highway 18, Lucerne Valley, California 92356
3Beds
2Baths
1,700Sqft
100,932Lot
Price Vs. Estimate
The estimated value ($363,612.01) is $53,387.99 (12%) lower than the list price ($417,000). This property may be overpriced.
Key pros and cons
Top 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 = 100932, living area = 1700.
Top Cons:
Conflicting Property Details: The listing describes 'four units' and an 'investment opportunity' but is categorized as a 'Single Family Residence' with single-unit bed/bath/sqft details (3 beds, 2 baths, 1700 sqft), creating significant ambiguity regarding the property's actual configuration and use.
Compared to the nearby listings
Price:$417.0K vs avg $297.5K (+$119,500)95%
Size:1,700 sqft vs avg 1,357 sqft73%
Price/sqft:$245 vs avg $19480%
More Insights
Built in 1970 (55 years old).
Condition: The property, built in 1970, is over 50 years old. While the kitchen shows some recent cosmetic updates like butcher block countertops, wood-look tile flooring, and a modern stainless steel refrigerator, other elements such as the painted cabinets, older white range, and outdated light fixture indicate a partial refresh rather than a full renovation. There are no images of the bathrooms, which limits a complete assessment. Overall, the property appears aged but maintained with occasional updates, and major components likely show signs of being outdated due to its age, fitting the 'Fair' category.
Year Built
1970
Close
-
List price
$417K
Original List price
$417K
Price/Sqft
$245
HOA
-
Days on market
-
Sold On
-
MLS number
IV25272598
Home ConditionFair
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)
About this home
Rare investment opportunity featuring four units on over 2 acres of usable land, offering excellent potential for future expansion. The seller is willing to offer financing assistance, making this an even more attractive opportunity. Ideal for a family seeking to enjoy a peaceful rural setting while generating strong rental income, this property combines lifestyle and long-term investment potential in one unique offering.
Condition Rating
Fair
The property, built in 1970, is over 50 years old. While the kitchen shows some recent cosmetic updates like butcher block countertops, wood-look tile flooring, and a modern stainless steel refrigerator, other elements such as the painted cabinets, older white range, and outdated light fixture indicate a partial refresh rather than a full renovation. There are no images of the bathrooms, which limits a complete assessment. Overall, the property appears aged but maintained with occasional updates, and major components likely show signs of being outdated due to its age, fitting the 'Fair' category.
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 = 100932, living area = 1700.
Multi-Unit Income Potential: The property features four units, explicitly marketed as an 'investment opportunity' with potential for 'strong rental income', making it attractive for investors.
Significant Land Size: Boasting over 2 acres (100,932 sqft) of usable land, the property offers ample space for privacy, various uses, and potential future development.
Future Expansion Opportunity: The large, usable land parcel provides 'excellent potential for future expansion', suggesting opportunities to increase property value or develop additional structures.
Seller Financing Available: The seller's willingness to offer financing assistance significantly broadens the potential buyer pool and can facilitate the acquisition process for interested parties.
Peaceful Rural Setting with Views: The property offers a 'peaceful rural setting' complemented by desirable 'Hills, Mountain(s)' views, appealing to buyers seeking tranquility and scenic surroundings.
Cons
Conflicting Property Details: The listing describes 'four units' and an 'investment opportunity' but is categorized as a 'Single Family Residence' with single-unit bed/bath/sqft details (3 beds, 2 baths, 1700 sqft), creating significant ambiguity regarding the property's actual configuration and use.
Property Age: Built in 1970, the property is over 50 years old, which may imply a need for substantial updates, repairs, or maintenance to meet modern standards or tenant expectations.
Data Inconsistencies: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), indicating potential data entry errors that could raise questions about the listing's accuracy and reliability.