502 Henderson Canyon Road, Borrego Springs, California 92004, Borrego Springs, 92004 - 1 bed, 2 bath
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Borrego Springs, California 92004
Analysis of 502 Henderson Canyon Road, Borrego Springs, California 92004 is currently available with a list price of $900,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Borrego Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The structure was built in 1990, making it 34 years old. Per the listing description, the ranch house 'will need updating and improvement,' which aligns with the criteria for properties over 30 years old requiring rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 840708, living area = 1088.
The 19.3-acre level lot is splittable into five 4-acre parcels, with zoning allowing for up to three residences per site, offering significant upside for residential developers.
The property features a permitted well providing over one million gallons of water annually and a 200-amp 3-phase electrical service, making it ideal for large-scale residential, agricultural, or solar projects.
The existing 1,088 sq. ft. ranch house is dated and requires significant updating and improvements, adding immediate renovation costs to the acquisition.
The current 1-bedroom, 1.5-bathroom configuration offers very limited living utility for the $900,000 price point, making the property's value almost entirely dependent on future land development.
100% Level flat 19.3 acres splittable to build 5 single family properties. • SR-4 use, it can be sub-divided into 4 acre lots, with remainder under 4 acres ( 5-lots total) • City and county will approve 3- residences per 4 acre site. Existing 1,088 sq. ft 1BR 1.5 BA ranch house on site will need updating and improvement. Has Electricity (single phase) and also a second electrical service from SDGE of 200 amp 3-phase for larger equipment. Permitted well supplying entire property with over one million gallons of free water per year and a large septic system. • Among $Million existing homes to the north ( Indian Head ranch). Other use for agriculture, farming, grove. San Diego Gas and Electric, deemed it to be a prime location for solar farming and energy storage site. Call for more information Seller financing available, lease option or jv possibility. Call for more information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,088 | 1,685 | 3% |
| Lot Size | - | 16,988.4 | 3% |
| Price | $900.0K | $385.0K | 94% |
| Price per sq ft | $827 | $237 | 97% |
| Built year | 1990 | 1990 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 143 | 3% |
Apr 23, 2026
$900,000
Initial Listing
Dec 21, 2020
$160,000
Public Record
Jul 6, 1995
$195,000
Public Record