4595 Barbara Lane, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
ACTIVE$175,000
4595 Barbara Lane, 29 Palms, California 92277
3Beds
2Baths
1,426Sqft
217,800Lot
Price Vs. Estimate
The estimated value ($175,000) is $0 (0%) lower than the list price ($175,000). This property may be overpriced.
Key pros and cons
Top Pros:
RTI Approved Plans: The property comes with 'Ready-To-Issue' approved plans for a 1,426 sqft, 3-bedroom, 2-bath single-family residence, significantly streamlining the development process and reducing permitting risks.
Top Cons:
Requires Full Construction: The property is currently an existing 'rec cabin' and requires full construction to convert into the planned 1,426 sqft single-family home, necessitating significant capital investment and project management.
Compared to the nearby listings
Price:$175.0K vs avg $278.4K ($-103,450)16%
Size:1,426 sqft vs avg 1,256.5 sqft65%
Price/sqft:$123 vs avg $2248%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this property is explicitly described as an 'existing rec cabin' with 'RTI APPROVED PLANS to convert' it into a single-family residence. The images confirm its unlivable state, showing a dilapidated exterior and an interior with extremely worn flooring and exposed structural elements. The property's value is clearly based on the 5-acre land and the approved plans for future development, not the existing structure as a habitable home, fitting the 'tear-down' criteria.
Year Built
1957
Close
-
List price
$175K
Original List price
$199K
Price/Sqft
$123
HOA
-
Days on market
-
Sold On
-
MLS number
TR25060481
Home ConditionTear down
Features
Excellent View: Desert, Mountain(s)
ViewDesert, Mountain(s)
About this home
RTI APPROVED PLANS to convert existing rec cabin to SFR 1,426 sqft home with 2 car detached garage (existing) Home features vaulted ceilings , 3 bedroom 2 bath and laundry closet situated on a 5 acre parcel.
Condition Rating
Tear down
Built in 1957, this property is explicitly described as an 'existing rec cabin' with 'RTI APPROVED PLANS to convert' it into a single-family residence. The images confirm its unlivable state, showing a dilapidated exterior and an interior with extremely worn flooring and exposed structural elements. The property's value is clearly based on the 5-acre land and the approved plans for future development, not the existing structure as a habitable home, fitting the 'tear-down' criteria.
Pros & Cons
Pros
RTI Approved Plans: The property comes with 'Ready-To-Issue' approved plans for a 1,426 sqft, 3-bedroom, 2-bath single-family residence, significantly streamlining the development process and reducing permitting risks.
Expansive 5-Acre Lot: Situated on a generous 5-acre parcel, this property offers unparalleled privacy, ample space for future expansion, and a desirable rural lifestyle.
Development/Investment Potential: With approved plans and a substantial lot, this offering presents a compelling opportunity for investors or owner-builders to create significant equity by completing the planned residence.
Existing Detached 2-Car Garage: A valuable existing detached 2-car garage is already on site, providing immediate utility and potential cost savings for the future homeowner.
Scenic Desert & Mountain Views: Enjoy breathtaking desert and mountain views, enhancing the property's aesthetic appeal and contributing to a serene living environment.
Cons
Requires Full Construction: The property is currently an existing 'rec cabin' and requires full construction to convert into the planned 1,426 sqft single-family home, necessitating significant capital investment and project management.
Limited Buyer Demographic: Due to the 'project' nature, the property appeals to a niche market of cash buyers, investors, or owner-builders, potentially extending market time.
Age of Existing Structure: The existing structure, built in 1957, is an older 'rec cabin' that will require substantial renovation or demolition as part of the approved conversion plans, adding to overall project costs and complexity.