38150 Sumac Lane, Squaw Valley, California 93675, Squaw Valley, 93675 - 2 bed, 2 bath

38150 Sumac Lane, Squaw Valley, California 93675 home-pic-0
ACTIVE$320,000
38150 Sumac Lane, Squaw Valley, California 93675
2Beds
2Baths
1,440Sqft
215,186Lot

Price Vs. Estimate

The estimated value ($277,533.155) is $42,466.845 (13%) lower than the list price ($320,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Dwellings & Income Potential: The property features two distinct residences (a doublewide main home and a singlewide guest home), offering versatile living arrangements, potential for multi-generational use, or significant rental income opportunities from the guest house.
Top Cons:
Manufactured Home Construction: Both the primary and guest dwellings are described as manufactured homes (doublewide and singlewide), which may influence financing options, long-term appreciation, and perceived value compared to traditional stick-built construction.

Compared to the nearby listings

Price:$320.0K vs avg $320.0K (+$0)50%
Size:1,440 sqft vs avg 1,597 sqft30%
Price/sqft:$222 vs avg $19270%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973, is well-maintained for its age with recent functional updates including new carpet, a newer roof, and an upgraded HVAC system. The master bath is described as 'remodeled,' and the images show clean, functional spaces. However, the kitchen features dated cabinets, countertops, and appliances, and the overall interior style, including light fixtures and some wall finishes, clearly reflects an older aesthetic. While major systems are functional and some components are updated, the property shows signs of being aged and outdated in many areas, aligning with the 'Fair' condition criteria.
Year Built
1973
Close
-
List price
$320K
Original List price
$320K
Price/Sqft
$222
HOA
-
Days on market
-
Sold On
-
MLS number
FR25156536
Home ConditionFair
Features
Excellent View:
View

About this home

Rare opportunity to own 2 dwellings on 4.6+- acres of beautifully maintained land. The primary home is a remarkably cared-for 2-bedroom, 2-bath doublewide, along with a charming 2-bedroom, 1-bath singlewide guest home. With breathtaking views of the Sierra Mountains, this property is a perfect blend of comfort, tranquility, and functionality. Step into the main home and be welcomed by recent updates that enhance its charm. Enjoy the comfort of newly replaced carpet, a newer roof, and an upgraded HVAC system; including ducting. The spacious master suite boasts a remodeled bath and a massive closet, providing a functional space. The awnings on both sides offers shade and protection, the two-car detached garage and additional storage container with workshop space ensure you have room for an everything. The guest home is equally delightful, featuring a full-length porch that invites you to take in the incredible views and feel the gentle breeze. It's the ideal space for visitors or even as a rental for added income. This property also includes a sturdy metal shop/garage, perfect for additional storage or hobbies. The manicured grounds blend natural mature oak trees with various shrubs and tasteful rock outcroppings, creating a serene and organized environment that's both beautiful and functional. Enjoy national parks and major shopping within an hour away, you can enjoy the best of rural living without sacrificing convenience. Come see it while it lasts!

Condition Rating
Fair

The property, built in 1973, is well-maintained for its age with recent functional updates including new carpet, a newer roof, and an upgraded HVAC system. The master bath is described as 'remodeled,' and the images show clean, functional spaces. However, the kitchen features dated cabinets, countertops, and appliances, and the overall interior style, including light fixtures and some wall finishes, clearly reflects an older aesthetic. While major systems are functional and some components are updated, the property shows signs of being aged and outdated in many areas, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Dual Dwellings & Income Potential: The property features two distinct residences (a doublewide main home and a singlewide guest home), offering versatile living arrangements, potential for multi-generational use, or significant rental income opportunities from the guest house.
Expansive & Maintained Acreage: Situated on 4.6+ beautifully maintained acres, the property boasts mature oak trees, various shrubs, and tasteful rock outcroppings, creating a serene, private, and functional outdoor environment.
Significant Recent Upgrades: The main home has benefited from recent major updates, including a newer roof, upgraded HVAC system with new ducting, and newly replaced carpet, reducing immediate maintenance concerns for a new owner.
Extensive Outbuildings & Storage: The property includes a two-car detached garage, an additional storage container with workshop space, and a sturdy metal shop/garage, providing ample room for vehicles, hobbies, or business operations.
Breathtaking Mountain Views: Enjoy stunning, unobstructed views of the Sierra Mountains, enhancing the property's aesthetic appeal and providing a tranquil and picturesque backdrop for daily living.

Cons

Manufactured Home Construction: Both the primary and guest dwellings are described as manufactured homes (doublewide and singlewide), which may influence financing options, long-term appreciation, and perceived value compared to traditional stick-built construction.
Rural Location & Accessibility: While offering tranquility, the property's rural setting in Squaw Valley means major shopping and national parks are approximately an hour away, which could be a drawback for buyers prioritizing immediate access to amenities and services.
Age of Structures: Built in 1973, the core structures are over 50 years old. Despite recent updates, the age could imply potential for future maintenance or system replacements beyond what has already been addressed.

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