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36281 Fleetwood Street, Lucerne Valley, California 92356, Lucerne Valley, 92356 - 2 bed, 1 bath

36281 Fleetwood Street, Lucerne Valley, California 92356 home-pic-0
ACTIVE$309,900
36281 Fleetwood Street, Lucerne Valley, California 92356
2Beds
1Bath
925Sqft
108,900Lot

Price Vs. Estimate

The estimated value ($295,502.75) is $14,397.25 (4%) lower than the list price ($309,900). This property may be overpriced.

Key pros and cons

Top Pros:
Investment & Income Potential: The property comprises two separate homes on distinct parcels with individual electricity meters, offering significant potential for rental income, multi-generational living, or a robust investment.
Top Cons:
As-Is Sale Condition: The property is being sold in 'as-is' condition, which may necessitate additional buyer investment for potential repairs, renovations, or unforeseen issues.

Compared to the nearby listings

Price:$309.9K vs avg $297.5K (+$12,400)57%
Size:925 sqft vs avg 1,344 sqft11%
Price/sqft:$335 vs avg $19495%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, this property has undergone significant recent updates, including new split-system electric air conditioners/heaters in both homes and updated septic systems (one newly built, one recently serviced). The interiors feature new vinyl plank flooring and fresh paint, making them move-in ready. While the kitchens are basic or dated in style (older cabinets/laminate counters in the larger unit, very minimal in the smaller), and the bathrooms are functional but basic, the critical systems are new or well-maintained. This aligns with the 'Good' criteria for properties that are move-in ready with major systems functional and recently updated, even if not a full high-end renovation.
Year Built
1960
Close
-
List price
$310K
Original List price
$370K
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
HD25042239
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

5 Acres with Two Homes – Fully Fenced & Ideal for Investment! This unique property consists of two separate parcels, each with its own home and fencing, being sold together for a total of 5 acres. The entire property is fully fenced, providing security and privacy. Property Details: 36263 Fleetwood St (APN: 0449-631-36-0000) • 1-bedroom, 1-bathroom home (504 sq. ft., built in 1958) • Detached 2-car garage • Newly built septic system • New split-system electric air conditioner and heater for the living room and bedroom • 2.5-acre lot 36281 Fleetwood St (APN: 0449-631-37-0000) • 2-bedroom, 1-bathroom home (925 sq. ft., built in 1960) • Recently serviced septic system • New split-system electric air conditioner and heater for the living room and bedrooms • 2.5-acre lot Additional Features: • Both homes share a private water well but have separate electricity meters, allowing for independent ownership or rental potential. • Each parcel is fully fenced, and the entire 5-acre property is enclosed—perfect for privacy, security, or space for animals. • Located close to Big Bear City, offering opportunities for multi-generational living, rental income, or investment. Sold as-is. Don’t miss out on this rare find—schedule a viewing today!

Condition Rating
Good
Despite being built in 1960, this property has undergone significant recent updates, including new split-system electric air conditioners/heaters in both homes and updated septic systems (one newly built, one recently serviced). The interiors feature new vinyl plank flooring and fresh paint, making them move-in ready. While the kitchens are basic or dated in style (older cabinets/laminate counters in the larger unit, very minimal in the smaller), and the bathrooms are functional but basic, the critical systems are new or well-maintained. This aligns with the 'Good' criteria for properties that are move-in ready with major systems functional and recently updated, even if not a full high-end renovation.
Pros & Cons

Pros

Investment & Income Potential: The property comprises two separate homes on distinct parcels with individual electricity meters, offering significant potential for rental income, multi-generational living, or a robust investment.
Expansive & Secure Acreage: A total of 5 fully fenced acres across two parcels provides exceptional privacy, security, and ample usable land for various purposes, including animals.
Recent HVAC & Septic Upgrades: Both residences benefit from newly installed split-system electric AC/heaters and recently serviced or new septic systems, minimizing immediate capital expenditures for essential utilities.
Flexible Dual-Home Configuration: The unique offering of two independent homes on one large lot provides versatile living solutions, accommodating extended family or generating diversified income streams.
Rural Location with Mountain Views: Situated in Lucerne Valley, the property offers a serene rural setting with mountain views and convenient proximity to recreational areas like Big Bear City.

Cons

As-Is Sale Condition: The property is being sold in 'as-is' condition, which may necessitate additional buyer investment for potential repairs, renovations, or unforeseen issues.
Older Home Construction & Modest Sizes: Both homes were built in the late 1950s/early 1960s and feature relatively small individual footprints (504 sqft and 925 sqft), which might not appeal to buyers seeking modern or larger living spaces.
Shared Private Water Well: While functional, the reliance on a single shared private water well for both residences could introduce potential future maintenance complexities or usage considerations.

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