347 Wheel Hub Place, Borrego Springs, California 92004, Borrego Springs, 92004 - 2 bed, 2 bath

347 Wheel Hub Place, Borrego Springs, California 92004 home-pic-0

347 Wheel Hub Place

Borrego Springs, California 92004

ACTIVE
CONDITION: POOR
2Beds
2Baths
1,491Sq Ft
27,442.801Lot Size

Property Price

LIST PRICE$360,000
EST. MARKET VALUE
$305,833
15% AboveMARKET VALUE

SUMMARY

Analysis of 347 Wheel Hub Place, Borrego Springs, California 92004 reveals a property with a current list price of $360,000, which is 15% above the estimated $305,833 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$305,833
Based on Realkey algorithm analyzing recent comparable sales in Borrego Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
347 Wheel Hub Place
Subject
$360,000*
List Price
221,491$205-
A
1471 De Anza Drive
Sold
$450,000221,646$2730.8 mi
B
349 Pointing Rock Dr
Active
$445,000
List Price
221,613$2760.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1965, this property is nearly 60 years old and shows significant signs of age and deferred maintenance. The listing description explicitly states the home 'could use some TLC' and 'requires renovation.' The kitchen features original, severely outdated wood cabinets, laminate countertops, a dated tiled backsplash, and older appliances, necessitating a complete overhaul. Both bathrooms exhibit very dated tilework and fixtures. Throughout the home, there are worn carpets, popcorn ceilings, and outdated light fixtures. Furthermore, the empty and cracked swimming pool represents a major defect requiring substantial repair or replacement. These factors indicate the property requires extensive rehabilitation to meet modern standards and comfort.

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 = 27442, living area = 1491.

  • Exceptional Panoramic Views

    The property offers unobstructed, stunning views of Fonts Point, the vast desert, and surrounding mountains from a peaceful setting, enhancing its appeal.

  • Large Lot with Enhanced Privacy

    Includes an adjacent lot, providing a substantial total lot size of 27,442.8 sqft and increased privacy, situated on a quiet cul-de-sac.

CONSRISKS & DEFICIENCIES

  • Condition Requires Renovation

    The home 'could use some TLC,' indicating a need for significant updates, repairs, or modernization, which will require additional investment.

  • Age of Property

    Built in 1965, the property is older, suggesting potential for outdated systems, finishes, and deferred maintenance that may not meet current buyer expectations.

  • Price Discrepancy / Market Value

    The property has seen multiple price reductions and the current listing price of $360,000 is significantly higher than the estimated value of approximately $310,795, suggesting it may still be overpriced relative to its condition or market.

About 347 Wheel Hub Place

Tucked away on a quiet cul-de-sac, this two bedroom, two bath home includes a bonus room, sunroom, and an adjacent lot offering added space and privacy. Enjoy unobstructed views of Fonts Point, the desert, and surrounding mountains from this peaceful setting. While the home could use some TLC, it's a rare opportunity to customize a spacious property with incredible vistas in a serene location. Seller may carry. Situated in northeast San Diego County, with the nearby Anza-Borrego Desert State Park, Borrego Springs is celebrated for its spring wildflower bloom, small town charm, and designation as California's first designated International Dark Sky Community.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
27,442.801 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Borrego Springs Unified Schools

Borrego Springs Elementary School

Grades PK-5 • 3.1 mi

4/10

Borrego Springs Middle School

Grades 6-8 • 1.3 mi

3/10

Borrego Springs High School

Grades 9-12 • 1.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,4911,515.5
45%
Lot Size27,442.80118,077.4
60%
Price$360.0K$362.5K
50%
Price per sq ft$241$242
50%
Built year19651989
15%
HOA$0$0
50%
Days on market249172
80%

Pricing History

Listed for Sale

Nov 27, 2025

$360,000

$375,000

-4% Price Drop

Initial Listing

Price Change

Oct 27, 2025

$375,000

Initial Listing

Price Change

Jul 1, 2025

$395,000

Initial Listing

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