347 Wheel Hub Place, Borrego Springs, California 92004, Borrego Springs, 92004 - 3 bed, 2 bath
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Borrego Springs, California 92004
This property presents a Strong Value Opportunity with a List Price of $297,000—positioned well below the $316,846 Fair Market Value by 6%. This valuation gap offers $19,846 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet offers significant upside through its expansive 0.60-acre lot and panoramic desert views. Located in a serene International Dark Sky Community, this is a value-add acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to customize a spacious desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 347 Wheel Hub Place Subject | $297,000* List Price | 3 | 2 | 1,491 | $213 | - |
A 320 Onager Sold | $325,000 | 2 | 3 | 1,744 | $186 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 with no significant renovations in over 30 years. The interior features original wood cabinetry, dated linoleum flooring, popcorn ceilings, and heavily worn carpeting. The listing description confirms the home needs 'TLC,' indicating a requirement for a full cosmetic and likely systems rehab.
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.
The property offers unobstructed, panoramic views of Fonts Point, the desert landscape, and surrounding mountains, situated within a prestigious International Dark Sky Community.
Set on a quiet cul-de-sac with an included adjacent lot, the 0.60-acre total area provides significant space, privacy, and room for outdoor expansion or customization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is identified as needing 'TLC,' indicating that immediate investment in repairs and cosmetic updates will be necessary for most buyers.
Built in 1965, the property likely requires modernization of major systems and finishes to meet current energy efficiency and contemporary aesthetic standards.
Tucked away on a quiet cul-de-sac, this two bedroom, two bath home includes a sunroom, bonus room (was third bedroom) and an adjacent .60 acre 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. 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.
No exterior & parking available.
Grades PK-5 • 3.1 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,491 | 1,549.5 |
| Lot Size | 27,442.801 | 24,393.2 |
| Price | $297.0K | $393.8K |
| Price per sq ft | $199 | $222 |
| Built year | 1965 | 1975 |
| HOA | $0 | $0 |
| Days on market | 34 | 83 |
Jun 18, 2026
$297,000
Initial Listing
Mar 20, 2001
$65,000
Public Record
Aug 20, 1996
$72,000
Public Record