3904 Mount Pinos Way, Frazier Park, CA 93225, Frazier Park, 93225 - 3 bed, 4 bath
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3904 Mount Pinos Way
Frazier Park, CA 93225
ACTIVE
CONDITION: POOR
3Beds
4Baths
1Sq Ft
7,617Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$506,325
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $600,000 Fair Market Value by 17%. This valuation gap offers $101,000 in Instant Equity for buyers. Featuring a Fair Condition Rating and 3-unit configuration with potential for a fourth, the asset requires infrastructure updates but offers significant rental upside. With private parking and mountain views, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage income-producing real estate.
Estimated Market Value
$506,325
Based on Realkey algorithm analyzing recent comparable sales in Frazier Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3904 Mount Pinos Way Subject 3 bd · 4 ba · 1 sqft · $506,326 | $499,000* List Price | 3 | 4 | 1 | $506,326 | - |
A 3904 Mount Pinos Way Active 3 bd · 4 ba · 1 sqft · $499,999 · 0.0 mi | $499,999 List Price | 3 | 4 | 1 | $499,999 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1945 (79 years old), the property shows significant signs of age without evidence of major recent renovations. Interior photos reveal highly dated heating systems and a vintage fireplace insert, while the basement shows an aging stone foundation and exposed utility lines. The structure likely requires a full rehab of systems and finishes to meet modern safety and efficiency standards.
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 = 7617, living area = 1.
- Significant Instant Equity
Listed at $499,000 with a recent appraisal of $600,000, this property offers buyers over $100,000 in immediate equity upon purchase.
- High Income Potential
The property is currently configured as three units with approval for a fourth, generating a projected $4,500 monthly income and offering excellent versatility for investors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1945, the property may require significant updates to its core systems, such as plumbing and electrical, to maintain modern safety standards and efficiency.
- Zoning and Data Discrepancies
Classified as a Single Family Residence despite its multi-unit use, and featuring incomplete square footage data, the property may face complexities regarding traditional financing and permit verification.
About 3904 Mount Pinos Way
🏡 Versatile Income Property | Listed at $499,000| Appraised at $600,000Approved for Up to 4 Units - Currently Configured as 3 UnitsExcellent income-producing property with flexible layout options. Property features 3 existing rental units with potential for up to 4 per city approval. Each unit has private entrances, fenced yards, and off-street parking.🛏️ Current Layout: Unit 1: 2 Bed / 2 Bath - Spacious living room with fireplace, two fenced yards, private laundry hookups, large usable basement with multiple rooms, and full RV hookups. Unit 2: 1 Bed / 1 Bath - Located upstairs with large fenced yard, private shop, and access to shared laundry in exterior shed. Unit 3 (Bachelor): Studio unit with private yard and access to shared laundry.🔧 All units have private parking. Separate outdoor spaces for each unit. Strong rental history.💰Potential Rental Income: 2-Bedroom: $2,000/mo 1-Bedroom: $1,500/mo Bachelor: $1,000/moTotal Income: $4,500/monthIdeal for investors or owner-occupants seeking income potential. Close to amenities, well-maintained, and ready for new ownership.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 7,617 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.2 |
| Square foot | 1 | 1,436.625 |
| Lot Size | 7,617 | 7,459.063 |
| Price | $499.0K | $317.5K |
| Price per sq ft | $499.0K | $222 |
| Built year | 1945 | 1984 |
| HOA | $0 | $110 |
| Days on market | 41 | 122 |
Pricing History
Listed for Sale
Sep 13, 2026
$499,000
Initial Listing