373 Ocotillo Circle, Borrego Springs, California 92004, Borrego Springs, 92004 - 3 bed, 2 bath
373 Ocotillo Circle
Borrego Springs, California 92004
Property Price
SUMMARY
Analysis of 373 Ocotillo Circle, Borrego Springs, California 92004 reveals a Fairly Priced Property with a current list price of $585,000 aligned with the estimated $585,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Borrego Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2003, this home is well-maintained and move-in ready, with functional systems including owned solar. However, the kitchen features dated oak cabinets and laminate countertops, and the bathrooms have similar older style vanities and light fixtures. While clean and in good condition, these components show signs of being outdated and would benefit from minor cosmetic updates to align with current styles.
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 = 108900, living area = 1747.
- Expansive Lot & Outdoor Living
A generous 2.5-acre lot provides ample space for customization and expansion, complemented by a relaxing spa, covered patio with misting system, and an outdoor shower, enhancing desert living.
- Owned Solar System
Significant energy efficiency and long-term cost savings are provided by the owned solar system, a highly desirable feature for modern homeowners.
CONSRISKS & DEFICIENCIES
- Niche Market & Remote Location
The property's appeal is primarily to buyers seeking a specific desert lifestyle and solitude, potentially limiting the broader buyer pool due to its remote Borrego Springs location.
- Recent Price Reductions
Multiple price adjustments from the original listing price suggest potential market resistance or an initial overvaluation, which could impact buyer perception.
- Desert Climate Considerations
While offering unique beauty, the desert climate can present challenges such as extreme temperatures and dust, which may not suit all prospective buyers despite existing outdoor amenities.
About 373 Ocotillo Circle
Embrace desert living at its finest. Wake up each day to majestic mountain views on an expansive 2.5 acre lot with endless possibilities - space for a sparkling pool, gardens, entertaining, or simply room to breathe. This well maintained home offers comfort and ease with owned solar, a relaxing spa, covered patio with misting system, an outdoor shower, and a rooftop deck that's perfect for quiet evenings under the stars. Tucked away in a peaceful neighborhood, yet just minutes from the vast beauty of the Anza-Borrego Desert State Park, known for its hiking and dazzling landscapes. This property is a true desert paradise where nature, serenity, and adventure meet. Situated in northeast San Diego County, Borrego Springs is celebrated for its spring wildflower bloom, small town charm, and is California's first International Dark Sky Community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 108,900 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,747 | 1,550 | 70% |
| Lot Size | 108,900 | 18,077.4 | 90% |
| Price | $585.0K | $367.5K | 75% |
| Price per sq ft | $335 | $252 | 90% |
| Built year | 2003 | 1990 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 172 | 167 | 55% |
Pricing History
Listed for Sale
Jan 25, 2026
$585,000
$600,000
-2% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$600,000
$615,000
-2% Price Drop
Initial Listing
Price Change
Sep 16, 2025
$615,000
Initial Listing