37016 Yermo Road, Yermo, California 92398, Yermo, 92398 - 3 bed, 2 bath
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37016 Yermo Road
Yermo, California 92398
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
2,083Sq Ft
309,276Lot Size
Property Price
LIST PRICE$299,900
EST. MARKET VALUE
$324,184
7% BelowMARKET VALUE
SUMMARY
This Dual-Residence Property is a Strong Value Opportunity, listed at $299,900—positioned well below the $324,185 Fair Market Value by 7%. This valuation gap offers $24,285 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with recent modern renovations, the property includes two homes on over 7 acres with panoramic desert and mountain views. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for multi-generational living space.
Estimated Market Value
$324,184+$24,284 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Yermo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37016 Yermo Road Subject 3 bd · 2 ba · 2,083 sqft · $156 | $299,900* List Price | 3 | 2 | 2,083 | $156 | - |
A 37076 Calico Boulevard Active 3 bd · 2 ba · 2,096 sqft · $162 · 0.6 mi | $339,000 List Price | 3 | 2 | 2,096 | $162 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a mint-condition kitchen with new shaker cabinets, stainless steel appliances, and quartz countertops, along with updated bathrooms and flooring. The listing also confirms that the HVAC systems have been recently updated, meeting the criteria for a high-end renovation.
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 = 309276, living area = 2083.
- Dual-Residence Potential
The property features two separate homes on a single lot, offering excellent flexibility for multi-generational living or potential rental income opportunities.
- Expansive Acreage
Situated on over 7 acres, this vast lot provides significant privacy, room for rural expansion, and unobstructed mountain and desert views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2083, other record living area = 1273. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- Remote Location
The rural setting may limit immediate access to urban amenities, shopping, and services, which could be a drawback for some buyers.
- Vintage Infrastructure
With the original structures built in 1957, the property may require additional investment for cosmetic updates or maintenance of older components.
About 37016 Yermo Road
One-of-a-kind Rural living at its best. The Country ranch style homes, have a gorgeous view of the mountains and the desert. The 2 homes are on a large 7+ acre lot. Unit A has approximately 1200 sq ft and with 2 bedrooms and 1 full bath, nice sized living room area, separate laundry, sunny kitchen, a covered country porch and a cellar. Unit B has 844 sq ft with 1 bedroom and a 3/4 bath, and the kitchen, living and dining are open in one space. Located just off the 15 freeway. This property has its own well and has been updated with air and heating. Buyers recommended to verify all aspects of the property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 309,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 1.5 |
| Square foot | 2,083 | 864 |
| Lot Size | 309,276 | 9,410 |
| Price | $299.9K | $216.5K |
| Price per sq ft | $144 | $251 |
| Built year | 1957 | 1958 |
| HOA | $0 | $0 |
| Days on market | 11 | 253 |
Pricing History
Listed for Sale
Oct 13, 2026
$299,900
Initial Listing
Sold
Oct 4, 2022
$150,000
Public Record