3278 Frying Pan Rd, Borrego Springs, California 92004, Borrego Springs, 92004 - 2 bed, 2 bath
Loading property details...
Borrego Springs, California 92004
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $254,318 Fair Market Value by 1%. This valuation gap offers $4,318 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes modern energy-efficient upgrades like solar and mini-splits on a large 1-acre lot with panoramic mountain views. This court-approved sale is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3278 Frying Pan Rd Subject | $250,000* List Price | 2 | 2 | 1,165 | $218 | - |
A 3459 El Tejon Sold | $260,000 | 4 | 1 | 1,120 | $232 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property has received some modern updates including energy-efficient Trane mini-split HVAC systems, solar panels, and newer laminate flooring and vanities. However, it remains largely dated with an older shower insert and signs of deferred maintenance on the exterior. The listing's focus on 'investor upside' and 'equity building' confirms it needs minor repairs and updates to meet modern standards.
Priced below market value as a court-approved sale, this property offers significant equity-building potential for investors or owner-occupants looking for immediate value.
The home features a solar power system that will be paid off at closing, paired with high-efficiency Trane mini-split systems for cost-effective climate control.
The sale includes two parcels totaling over one acre, providing rare land value, privacy, and ample space for future expansion or outdoor development.
Being a court-approved sale, the transaction may involve more rigid terms and a potentially longer closing timeline compared to a standard residential sale.
Built in 1979, the property likely requires cosmetic modernization and updates to its original features to reach its full market potential.
Opportunity knocks! Two parcels totaling over 1 acre with a stick-built 2/2/2. This home is priced below market value with excellent upside potential for investors or buyers looking to build equity. The home is in good overall livable condition with a nice open floor plan. The solar will be paid off at closing and comes with several energy-efficient Trane mini-split systems for year-round comfort. The property is being sold pursuant to a court-approved sale and presents a unique opportunity to purchase at an attractive price point.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,165 | 1,549.5 |
| Lot Size | - | 24,393.2 |
| Price | $250.0K | $393.8K |
| Price per sq ft | $215 | $222 |
| Built year | 1979 | 1975 |
| HOA | $0 | $0 |
| Days on market | 12 | 83 |
Jul 10, 2026
$250,000
Initial Listing
Jun 27, 2017
$138,000
Public Record