42804 Barnstead Drive, Lake Hughes, California 93532, Lake Hughes, 93532 - 3 bed, 3 bath
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Lake Hughes, California 93532
This hillside retreat represents a High-Potential Investment Opportunity, listed at $569,900—positioned well below the $585,466 Fair Market Value by 2%. This valuation gap offers $15,566 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through cosmetic modernization of the original 1990s interiors. With a massive 27,477 sq. ft. lot, panoramic mountain views, and self-sustaining amenities like a greenhouse and pizza oven, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, lifestyle-focused property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42804 Barnstead Drive Subject | $569,900* List Price | 3 | 3 | 2,132 | $275 | - |
A 15160 Barcroft Sold | $500,000 | 3 | 2 | 2,104 | $238 | 0.6 mi |
B 42614 Cabin Dr Sold | $460,000 | 3 | 2 | 1,332 | $345 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is well-maintained but largely dated. While the living areas feature updated wide-plank flooring, the kitchen and bathrooms remain in original condition with 1990s-era oak cabinetry, tile countertops, and fluorescent light boxes. The HVAC appears functional, but the core wet areas exceed the 30-year mark without significant renovation, placing it in the fair category due to the need for aesthetic and functional updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27477, living area = 2132.
The expansive lot is a hobbyist's dream, featuring irrigated fruit trees, imported grapevines, a greenhouse, and a chicken coop, providing a unique lifestyle for buyers seeking self-sufficiency.
Situated as a hillside retreat, the property offers breathtaking mountain views and a wraparound covered porch, maximizing the serene natural beauty and privacy of the Lake Elizabeth area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =27477, other record lot size in square feet = 9796.
With 52 days on the market and a recent $30,000 price reduction, the property may be facing challenges in attracting buyers at its current valuation within this specific rural niche.
Located in Lake Hughes, the property’s distance from major metropolitan centers and employment hubs may limit the buyer pool to those specifically looking for a secluded lifestyle.
A rare opportunity to own a breathtaking hillside retreat where stunning mountain views, privacy, and country charm come together in perfect harmony. Set on an expansive lot, a winding private driveway leads to a welcoming wraparound covered porch the perfect place to relax and take in unforgettable sunsets. This beautiful two-story home features 4 bedrooms and 2.5 bathrooms, with bright, open-concept living spaces filled with natural light. Soaring ceilings, wide-plank flooring, and a warm, inviting atmosphere create the ideal setting for both everyday living and entertaining. The spacious kitchen offers abundant cabinetry, tiled countertops, a pantry, and plenty of room to gather. Outside, the property truly shines. Enjoy irrigated fruit trees, imported grapevines, a greenhouse with planting beds, and a charming chicken coop with hen house, all connected by paved walkways throughout the grounds. A handcrafted brick pizza oven adds the perfect touch for outdoor entertaining. Additional features include an automated front gate, versatile basement, dedicated laundry room, and attached two-car garage. Offering an exceptional blend of natural beauty, comfort, and self-sustaining amenities, this one-of-a-kind property is more than a home, it's a lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,132 | 1,483 |
| Lot Size | 27,477 | 7,125 |
| Price | $569.9K | $401.7K |
| Price per sq ft | $267 | $314 |
| Built year | 1991 | 1986 |
| HOA | $0 | $0 |
| Days on market | 53 | 58 |
Jul 18, 2026
$569,900
$599,900
-5% Price Drop
Initial Listing
May 30, 2026
$599,900
Initial Listing
Oct 21, 2019
$340,000
Public Record