
Lucerne Valley, California 92356
Analysis of 38484 Foothill Road, Lucerne Valley, California 92356 is currently available with a list price of $275,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lucerne Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1970, this property is in the midst of an unfinished renovation and is currently unlivable. It requires a full interior rehab as it lacks a kitchen, bathrooms, flooring, and appliances. While some windows have been updated, the home's 'blank slate' condition and 'cash only' requirement confirm it needs significant work to meet safety and habitability standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2260.
The property sits on 5 usable acres, providing exceptional privacy, space for outdoor expansion, and the rural lifestyle highly sought after in Lucerne Valley.
With over 2,200 square feet of living space and an open-concept great room, the home offers a spacious and modern layout rarely found in older rural properties.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home requires significant capital investment to complete, as it currently lacks essential components including flooring, cabinetry, countertops, and functional bathrooms.
The property is restricted to cash buyers only due to its unfinished state, which significantly limits the pool of potential purchasers and excludes traditional financing options.
Opportunity awaits on this rural 5-acre property featuring a 3-bedroom, 3-bathroom home with over 2,200 square feet of living space and an attached 2-car garage. Offering endless potential, this property is ideal for investors, contractors, or buyers looking to customize a home to their own tastes. Step inside to a spacious living or bonus room just off the entry before continuing into the large open-concept great room that combines the kitchen, dining area, and family room. A centrally located brick fireplace serves as the focal point of the space and provides the perfect foundation for creating a stunning gathering area. Renovations have been started but remain unfinished, allowing the next owner to complete the home to their own specifications. Most windows have already been updated, and ceiling fans are installed throughout much of the home, while flooring, paint, cabinetry, countertops, bathrooms, and appliances are still needed. The generously sized primary suite features a ceiling fan, ample space, and a private ensuite bathroom. Two additional bedrooms and bathrooms provide flexibility for family or guests. The property is serviced by both a well and septic system and offers the privacy and space that only acreage can provide. The unfinished interior makes this a true blank slate ready for your vision and creativity. Whether you're looking for your next investment project or the opportunity to build out your dream home on five usable acres, this property offers incredible potential. CASH BUYERS ONLY due to the home's unfinished condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,260 | 2,043 |
| Lot Size | 217,800 | 326,700 |
| Price | $275.0K | $319.2K |
| Price per sq ft | $122 | $193 |
| Built year | 1970 | 1977 |
| HOA | $0 | $0 |
| Days on market | 2 | 116 |
Jul 20, 2026
$275,000
Initial Listing
Sep 6, 2023
$180,000
Public Record
Jun 27, 2019
$120,000
Public Record