
Mountain Mesa, CA 93240
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $397,326 Fair Market Value by 3%. This valuation gap offers $12,326 in Instant Equity for buyers. Featuring a Fair Condition Rating with original 1989 finishes, the home offers significant upside for cosmetic modernization. With a massive 25,099 sq ft lot, 3-car garage, and mountain views, this is a versatile Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a spacious retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3512 Mccray Subject 4 bd · 3 ba · 3,161 sqft · $126 | $385,000* List Price | 4 | 3 | 3,161 | $126 | - |
A 3204 Mccray Active 3 bd · 3 ba · 2,317 sqft · $125 · 0.4 mi | $289,000 List Price | 3 | 3 | 2,317 | $125 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is over 30 years old and features original, dated finishes including oak cabinetry and white tile countertops in the kitchen and bathrooms. While the home appears exceptionally well-maintained and functional, the age of the structure and systems, combined with the lack of recent renovations, places it in the fair category as it requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25099, living area = 3161.
Offering over 3,100 square feet of living space at a competitive price point, this property provides a remarkably low price-per-square-foot, making it an excellent value for buyers seeking significant interior volume.
The combination of a three-car garage, a large half-acre lot, and dedicated RV parking offers superior utility for outdoor enthusiasts with multiple vehicles, boats, or recreational toys.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25099, other record lot size in square feet = 25264.
The expansive 3,161 square foot layout combined with 1989 construction standards may result in higher-than-average heating and cooling costs and increased long-term maintenance requirements.
Located in the quiet community of Mountain Mesa, the property may face a more limited pool of buyers compared to more urbanized areas, potentially impacting future liquidity and resale speed.
Welcome to 3512 McCray Road, a spacious mountain retreat in the peaceful community of Mountain Mesa near Lake Isabella. Offering over 3,100 sq ft of living space on approximately half an acre, this home blends comfort, privacy, and beautiful natural surroundings. Designed for both everyday living and entertaining, it features multiple bedrooms and bathrooms, a warm inviting layout, cozy fireplace, and generous living areas. Large windows showcase stunning mountain views and fill the home with natural light. Step outside to an expansive lot with room for RV parking, outdoor gatherings, or simply enjoying the serene landscape. A 3-car garage and ample space for all your toys make it perfect for those seeking adventure and extra room. Located just minutes from Lake Isabella, the Kern River, and endless outdoor recreation, this property is ideal as a full-time residence, vacation getaway, or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
Oct 1, 2026
$385,000
Initial Listing
Apr 28, 2003
$295,000
Public Record
Apr 11, 2000
$253,000
Public Record