
Julian, California 92036
This property presents a High-Potential Investment Opportunity with a List Price of $458,500—positioned well below the $443,335 Fair Market Value by -3%. While the home currently holds a Condition Rating of 5, the significant lot size and proximity to Lake Cuyamaca provide a strong foundation for value-add renovations. The inclusion of a first-floor storage area and potential deck space offers clear paths to forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a mountain project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34365 Wolahi Rd Subject 2 bd · 1 ba · 1,072 sqft · $414 | $458,500* List Price | 2 | 1 | 1,072 | $414 | - |
A 34613 Arrapahoe Pl Sold 2 bd · 2 ba · 1,122 sqft · $459 · 0.6 mi | $515,000 | 2 | 2 | 1,122 | $459 | 0.6 mi |
B 34767 Natchez Trail Sold 2 bd · 2 ba · 900 sqft · $389 · 0.6 mi | $350,000 | 2 | 2 | 900 | $389 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the structure was built in 2005, the property is currently in a state of disrepair requiring significant rehabilitation. The interior lacks finished flooring, is filled with debris, and the lower storage area features exposed insulation and unfinished framing, making it not move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37897, living area = 1072.
Situated within walking distance of Lake Cuyamaca, this property offers rare and immediate access to premier mountain recreation, including fishing, boating, and hiking trails.
Constructed in 2005, the home is significantly newer than many traditional Julian cabins, providing more modern building standards and structural reliability.
Access via a recorded easement over a neighboring paved driveway may present privacy concerns or future complications regarding shared maintenance responsibilities.
With only one bathroom for a two-bedroom home, the layout may be restrictive for families or those looking to use the property as a high-occupancy short-term rental.
Mountain Retreat Opportunity Near Lake Cuyamaca! Located at 34365 Wolahi Rd, Julian, this 2-bedroom, 1-bath mountain home offers approximately 1,072 sq. ft. of space and is near Lake Cuyamaca! Featuring a first-floor storage area and a designated area with potential for a deck, this property is a great opportunity to create your dream mountain getaway, peaceful retreat, or investment project. Enjoy fresh mountain air, calm surroundings, and the charm of historic Julian just 10 miles away. Bring your vision and unlock the possibilities! -Buyer to verify square footage, property details, permitted uses, deck feasibility, and recorded access easement terms. All remaining items will be removed before close of escrow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,072 | 1,248.958 |
| Lot Size | - | 53,727.579 |
| Price | $458.5K | $577.5K |
| Price per sq ft | $428 | $432 |
| Built year | 2005 | 1985 |
| HOA | $0 | $1.5K |
| Days on market | 6 | 89 |
Oct 19, 2026
$458,000
Initial Listing
Oct 19, 2026
$458,500
Initial Listing