45200 Camelot Drive, Yermo, California 92398, Yermo, 92398 - 2 bed, 2 bath
ACTIVE$170,000
45200 Camelot Drive, Yermo, California 92398
2Beds
2Baths
1,200Sqft
1,834,311Lot
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 = 1834311, living area = 1200.
Top Cons:
Extensive Renovation Required: The 1200 sqft home, built in 1972, requires significant design and remodeling to meet modern standards or to fully utilize the vast lot, implying substantial additional investment.
Compared to the nearby listings
Price:$170.0K vs avg $200.0K ($-29,990)44%
Size:1,200 sqft vs avg 1,452 sqft44%
Price/sqft:$142 vs avg $15833%
More Insights
Built in 1972 (53 years old).
Condition: The property was built in 1972, making it 52 years old. The listing explicitly states that the home 'requires significant design and remodeling to meet modern standards' and 'likely requires updates to major systems (electrical, plumbing, HVAC) and overall modernization.' While the framing and structure are noted as being in good condition, the absence of interior photos, coupled with the strong emphasis on extensive renovation needed, indicates that the existing house is not move-in ready and requires substantial repairs and rehabilitation to be livable and comfortable. The overall condition, including the likely outdated kitchen and bathrooms, aligns with the 'poor' category, where major components require repair and the property may be uncomfortable to live in its current state.
Year Built
1972
Close
-
List price
$170K
Original List price
$268K
Price/Sqft
$142
HOA
-
Days on market
-
Sold On
-
MLS number
WS25058418
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Huge Price dropped – Act fast!! Welcome to this 42.11 Arces property with 1200-sqft single family home!! Featured with 2 bedrooms, 2 bathrooms and one of largest lot in this area. The home's framing and structure are in good condition. New owner can design and remold the property and make it your own dream home. Zoned RL allows rural residential uses and agricultural activities such as Farming, Nursery, Fish pond, Grove, etc. The parcel can be divided into 16 parcels. Many options can make your dream happen here. Easy access to 15 Hwy and yard fenced. Don’t miss this great opportunity to make your life success!!Seller financing considered , please go Direct!!
Condition Rating
Poor
The property was built in 1972, making it 52 years old. The listing explicitly states that the home 'requires significant design and remodeling to meet modern standards' and 'likely requires updates to major systems (electrical, plumbing, HVAC) and overall modernization.' While the framing and structure are noted as being in good condition, the absence of interior photos, coupled with the strong emphasis on extensive renovation needed, indicates that the existing house is not move-in ready and requires substantial repairs and rehabilitation to be livable and comfortable. The overall condition, including the likely outdated kitchen and bathrooms, aligns with the 'poor' category, where major components require repair and the property may be uncomfortable to live in its current state.
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 = 1834311, living area = 1200.
Development Potential: The expansive 42.11-acre parcel is zoned RL and can be divided into up to 16 individual parcels, offering significant development or investment opportunities.
Flexible Zoning: RL zoning permits a wide range of rural residential and agricultural activities, including farming, nurseries, and groves, providing diverse usage options.
Significant Price Reduction: The property has seen a substantial price drop from $268,000 to $170,000, indicating a motivated seller and potential for a favorable acquisition.
Seller Financing Available: The option for seller financing enhances accessibility for a broader range of buyers, potentially simplifying the purchase process.
Solid Structural Foundation: The existing home's framing and structure are reported to be in good condition, providing a sound base for future renovations or expansion.
Cons
Extensive Renovation Required: The 1200 sqft home, built in 1972, requires significant design and remodeling to meet modern standards or to fully utilize the vast lot, implying substantial additional investment.
Rural Location: Located in Yermo, the property is in a very rural area, which may present challenges regarding access to extensive amenities, services, and employment opportunities.
Age of Existing Structure: Built over 50 years ago, the current residence likely requires updates to major systems (electrical, plumbing, HVAC) and overall modernization, adding to renovation costs.