38920 Kathy Ln, Newberry Springs, California 92365, Newberry Springs, 92365 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$279,900
38920 Kathy Ln, Newberry Springs, California 92365
2Beds
1Bath
1,450Sqft
4,356,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 4356000, living area = 1450.
Top Cons:
Extensive Renovation Required for Existing Home: The current home is explicitly a 'fixer-upper,' indicating that significant investment, time, and effort will be required to make it habitable or marketable, potentially adding substantial costs.
Compared to the nearby listings
Price:$279.9K vs avg $170.0K (+$109,900)73%
Size:1,450 sqft vs avg 1,140 sqft73%
Price/sqft:$193 vs avg $13882%
More Insights
Built in 1978 (47 years old).
Condition: The property was built in 1978, making it 46 years old. The listing explicitly describes the home as a 'fixer-upper' and the property analysis states 'Extensive Renovation Required' and that the existing structure 'may be considered a tear-down.' While no interior images are provided, the aerial views show a neglected exterior with significant clutter, consistent with a property in very poor condition. This indicates substantial repairs and rehabilitation are needed, aligning with the 'Poor' classification.
Year Built
1978
Close
-
List price
$280K
Original List price
$280K
Price/Sqft
$193
HOA
-
Days on market
-
Sold On
-
MLS number
OC25190158
Home ConditionPoor
Features
Good View: Desert
ViewDesert
About this home
Huge Opportunity!!! Sitting on 100 sprawling acres, this property offers endless potential for developers and investors! Prime for development, it presents endless opportunities and is conveniently located off the 15 freeway. The home itself is a fixer-upper and comes with plenty of privacy and RV hook-ups. This property is primed for future development with endless possibilities. Seize this incredible opportunity today!
Condition Rating
Poor
The property was built in 1978, making it 46 years old. The listing explicitly describes the home as a 'fixer-upper' and the property analysis states 'Extensive Renovation Required' and that the existing structure 'may be considered a tear-down.' While no interior images are provided, the aerial views show a neglected exterior with significant clutter, consistent with a property in very poor condition. This indicates substantial repairs and rehabilitation are needed, aligning with the 'Poor' classification.
Pros & Cons
Pros
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 = 4356000, living area = 1450.
Exceptional Development Potential: Sitting on 100 sprawling acres, this property is explicitly described as 'Prime for development' and offers 'endless potential for developers and investors,' making it a significant opportunity for large-scale projects.
Strategic Location & Accessibility: Conveniently located off the 15 freeway, this property boasts excellent accessibility, which is crucial for both current use and future development projects.
Significant Land Value at Low Entry Price: With a list price of $279,900 for 100 acres, the property offers an exceptionally low per-acre cost, presenting a highly attractive investment opportunity for land banking or future development.
Abundant Privacy: The vast 100-acre lot inherently provides unparalleled privacy, a highly desirable feature for those seeking seclusion or large-scale private estates.
Existing RV Hook-ups: The presence of RV hook-ups adds immediate practical utility, appealing to recreational users, temporary residents, or facilitating on-site living during development phases.
Cons
Extensive Renovation Required for Existing Home: The current home is explicitly a 'fixer-upper,' indicating that significant investment, time, and effort will be required to make it habitable or marketable, potentially adding substantial costs.
Limited Immediate Residential Value: With only 2 beds, 1 bath, and 1450 sqft, coupled with its fixer-upper status, the existing structure offers minimal immediate residential utility and may be considered a tear-down for most development plans.
Remote Location & Limited Local Amenities: While offering privacy, Newberry Springs is a relatively remote area, which may not appeal to buyers seeking proximity to extensive urban amenities, services, or a vibrant community.