516 Palm Way, Needles, California 92363, Needles, 92363 - 3 bed, 1 bath
516 Palm Way
Needles, California 92363
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 Palm Way Subject | $95,000* List Price | 3 | 1 | 1,144 | $92 | - |
A 512 Acoma Street Sold | $76,000 | 3 | 1 | 1,287 | $59 | 0.2 mi |
B 508 Acoma Street Sold | $120,000 | 3 | 1 | 1,167 | $103 | 0.2 mi |
C 618 Palm Way Sold | $95,000 | 4 | 3 | 1,524 | $62 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1927, this property is in mostly original or very dated condition and requires substantial rehabilitation. The kitchen and bathroom feature highly outdated fixtures and cabinetry, and the reliance on window AC units suggests a lack of modern central HVAC. The home shows significant signs of age-related wear and requires major system updates and cosmetic modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Value
Priced at $95,000, this property offers a highly accessible entry point into the market with significant potential for equity growth through strategic renovations.
- Prime Recreational Location
Located just minutes from the Colorado River, the home serves as an ideal base for outdoor enthusiasts seeking easy access to boating, fishing, and water sports.
- Functional Utility Space
The combination of a detached garage, a dedicated storage room, and a rare small basement provides ample space for workshops, storage, or hobby areas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Aged Infrastructure
Built in 1927, the property likely requires updates to major systems and cosmetic modernization to meet current building standards and buyer expectations.
- Limited Bathroom Count
The 3-bedroom, 1-bathroom configuration may be a drawback for larger families or those looking for modern convenience and higher rental appeal.
About 516 Palm Way
Charming 1927 Needles Home – Character, Space & Location Step into timeless character with this 1927-built home in the heart of Needles, California. This 3-bedroom, 1-bath property offers a solid foundation and a great opportunity to make it your own. The home features a detached garage, an additional storage room, and a small basement—ideal for extra storage, hobbies, or a workshop. The backyard provides room to relax, entertain, or create your own outdoor retreat. Located just minutes from the Colorado River, you’ll enjoy easy access to boating, fishing, and year-round outdoor recreation. Whether you’re looking for a primary residence, river getaway, or investment opportunity, this property offers strong potential. Highlights: 3 Bedrooms | 1 Bathroom Built in 1927 with vintage character Garage + storage room Small basement Spacious backyard Close to the Colorado River and outdoor recreation A solid start with room to improve and build equity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,144 | 1,344 | 29% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $95.0K | $123.0K | 35% |
| Price per sq ft | $83 | $111 | 35% |
| Built year | 1927 | 1930 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 137 | 6% |
Pricing History
Listed for Sale
Feb 26, 2026
$95,000
Initial Listing
Sold
Sep 27, 1993
$46,000
Public Record