35860 Old Saddle Road, Ranchita, California 92066, Ranchita, 92066 - 2 bed, 1 bath
ACTIVE$225,000
35860 Old Saddle Road, Ranchita, California 92066
2Beds
1Bath
858Sqft
111,078Lot
Price Vs. Estimate
The estimated value ($225,000) is $0 (0%) lower than the list price ($225,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 111078, living area = 858.
Top Cons:
Extensive Renovation & 'As-Is' Condition: The 'Original 1 br cabin needs renovation' and the property being 'sold without warranty' imply significant capital investment and inherent risk for the buyer regarding necessary repairs and upgrades.
Compared to the nearby listings
Price:$225.0K vs avg $467.5K ($-242,500)25%
Size:858 sqft vs avg 1,245 sqft50%
Price/sqft:$262 vs avg $31050%
More Insights
Built in 1946 (79 years old).
Condition: The property, built in 1946, explicitly states that the 'Original 1 br cabin needs renovation.' This indicates substantial repairs and rehabilitation are required for the residential unit. With no interior images provided, and given the age and the 'sold without warranty' clause, it's highly probable that the kitchen and bathroom are severely outdated, potentially non-functional, and would require a complete overhaul. The 'Permits unknown for Buildings & Studio' also suggests potential structural or safety issues. While there is a functional garage and a new solar system, the core residential component is in a state of significant disrepair, aligning with the 'poor' condition criteria.
Year Built
1946
Close
-
List price
$225K
Original List price
$299K
Price/Sqft
$262
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506472
Home ConditionPoor
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)
About this home
Hobby/Auto Shop Garage with multiple roll up doors, new Solar system easy transfer. Original 1 br cabin needs renovation. Ranchita Is located 70 Miles East of San Diego and 17 miles west of Borrego Springs. 2 properties owned by the same seller/administrator. Would like to close escrow on both with the same Buyer. Investor properties sold without warranty. Permits unknown for Buildings & Studio. Several cars, auto repair parts for autos in buildings and debris negotiable. Dirt road access is rutted but accessable by car. Drive by only or have your Realtor Inquire by text the listing agent for additional information. Water is supplied by well, shared with neighboring property 35860 Old Saddle Rd. Buyer be aware this is very rual and not to enter property without permission.
Condition Rating
Poor
The property, built in 1946, explicitly states that the 'Original 1 br cabin needs renovation.' This indicates substantial repairs and rehabilitation are required for the residential unit. With no interior images provided, and given the age and the 'sold without warranty' clause, it's highly probable that the kitchen and bathroom are severely outdated, potentially non-functional, and would require a complete overhaul. The 'Permits unknown for Buildings & Studio' also suggests potential structural or safety issues. While there is a functional garage and a new solar system, the core residential component is in a state of significant disrepair, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
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 = 111078, living area = 858.
Dedicated Workshop/Garage: The property features a Hobby/Auto Shop Garage with multiple roll-up doors, offering significant utility for mechanics, hobbyists, or those requiring substantial workspace and storage.
New Solar System: A newly installed solar system provides energy efficiency, reduces utility costs, and offers an environmentally friendly benefit, with easy transfer to the new owner.
Expansive Lot Size: With over 2.5 acres (111,078 sqft), the property offers considerable privacy, space for expansion, and potential for various rural uses.
Scenic Mountain Views: The property boasts appealing 'Hills, Mountain(s)' views, enhancing its aesthetic value and rural charm.
Significant Price Reduction: A substantial price drop from $299,000 to $225,000 indicates a motivated seller and presents a potential value acquisition opportunity for an investor.
Cons
Extensive Renovation & 'As-Is' Condition: The 'Original 1 br cabin needs renovation' and the property being 'sold without warranty' imply significant capital investment and inherent risk for the buyer regarding necessary repairs and upgrades.
Permit & Compliance Uncertainty: The 'Permits unknown for Buildings & Studio' poses a substantial legal and financial risk, potentially requiring costly remediation, demolition, or compliance efforts.
Challenging Rural Access & Utilities: The 'rutted dirt road access,' 'very rural' location, and a 'shared well' present practical challenges for daily living, property maintenance, and potential future development.