384 Verbena Drive, Borrego Springs, California 92004, Borrego Springs, 92004 - 3 bed, 2 bath
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Borrego Springs, California 92004
This southwest-style residence represents a Strong Value Opportunity, listed at $535,000—positioned well below the $576,884 Fair Market Value by 7%. This valuation gap offers $41,884 in Instant Equity. Featuring a Fair Condition Rating, the home includes owned solar and a 2.5-acre lot with panoramic mountain views. While the interior reflects its 2000 construction, the layout provides a solid foundation for cosmetic updates. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 384 Verbena Drive Subject | $535,000* List Price | 3 | 2 | 1,962 | $294 | - |
A 383 Verbena Drive Sold | $476,000 | 3 | 2 | 1,560 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 26-year-old home is functional but dated. The kitchen and bathrooms feature original oak cabinetry, white tile countertops, and older white appliances consistent with the year of construction. While the property appears well-maintained and includes updated flooring and owned solar, the core aesthetic and systems are over 20 years old, placing it in the 'Fair' category as it likely requires cosmetic updates and potential system overhauls soon.
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 = 1962.
The property features owned solar panels, providing a significant financial advantage by reducing monthly utility costs and increasing long-term energy independence.
Situated on a generous 2.5-acre lot, this home offers exceptional privacy and vast outdoor space, a rare find that provides a peaceful retreat and room for customization.
Located in Borrego Springs, the property is far from major metropolitan areas, which may limit convenient access to high-end shopping, diverse dining, and specialized medical services.
The area experiences intense summer heat, which can restrict outdoor activities during peak months and necessitates consistent climate control despite the solar benefits.
Enjoy the perfect blend of comfort, privacy, and scenic beauty in this charming 3 bedroom, 2 bath southwest-style home situated on 2.5 acres. The open concept floor plan features a spacious great room that creates an inviting atmosphere for both everyday living and entertaining. A welcoming front courtyard provides privacy, while the screened backyard porch allows you to enjoy the outdoors year round. Windows frame beautiful mountain views, bringing natural light and the surrounding landscape into the home. Additional highlights include owned solar for energy efficiency and lower utility costs, generous outdoor space, and the peaceful setting with room to enjoy nature and privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,962 | 1,549.5 |
| Lot Size | 108,900 | 24,393.2 |
| Price | $535.0K | $393.8K |
| Price per sq ft | $273 | $222 |
| Built year | 2000 | 1975 |
| HOA | $0 | $0 |
| Days on market | 34 | 83 |
Jun 18, 2026
$535,000
Initial Listing
Mar 19, 2014
$250,000
Public Record
Aug 22, 2001
$215,000
Public Record
Jul 21, 1999
$23,000
Public Record