
Idyllwild, California 92549
This Versatile Multi-Level Mountain Residence is a Prime Investment Opportunity, listed at $385,000—positioned well below the $399,000 Fair Market Value by 3%. This valuation gap provides $14,000 in Instant Equity. Maintaining a Condition Rating of 3, the property features recent electrical and cosmetic upgrades alongside a flexible dual-unit layout. The R-3A Zoning, two full kitchens, and forested treetop views maximize rental demand and lifestyle appeal. This property is perfectly suited for Owner-Occupants seeking a mortgage helper or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready and features significant recent updates including new stainless steel appliances, modern laminate flooring, fresh interior and exterior paint, and a newer electrical panel. While the 1979 structure and upper-level kitchen cabinetry show some age, the overall condition is well-maintained with updated systems and finishes that meet current market expectations for a mountain home.
Zoned R-3A with a dual-level layout featuring separate entrances and full kitchens on both floors, this property is ideal for short-term rentals, multi-generational living, or a primary residence with a mortgage helper.
The home boasts significant recent improvements including a newer electrical panel, updated appliances, fresh paint, and new flooring, reducing immediate capital expenditure for the buyer.
The upper level features soaring vaulted ceilings, skylights, and clerestory windows that flood the open-concept living space with natural light and highlight the serene treetop views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property relies on a wood stove, propane, and electric heaters rather than a centralized HVAC system, which may be less efficient for climate control during extreme seasonal shifts.
At under 7,000 square feet, the lot is relatively small for a mountain property, which may limit outdoor privacy and space for expansion or large-scale landscaping.
Discover the perfect opportunity for living and earning in this versatile, potential income-producing property near the heart of Idyllwild. Just minutes from town and close to Tahquitz Pines Retreat and its many amenities, this beautifully updated mountain home offers exceptional flexibility for multi-family living or rental potential. The upstairs level features soaring vaulted ceilings, an open-concept living, dining, and kitchen area filled with natural light from skylights and clerestory windows, and breathtaking treetop views. One bedrm, a bonus room, dedicated laundry area, freestanding wood stove, and access to a private deck complete the upper level's inviting charm. The lower level includes a separate entrance and is well-suited for use as an independent unit, boasting a full kitchen, 2-3 bedrooms, dining area and comfortable living space. While an interior staircase connects both levels, they can easily be separated for privacy. Recent upgrades include appliances, newer electrical panel, paint, updated tile and carpet, baseboards, doors, and both propane and electric heaters. A rare opportunity ideal for extended family living, potential rental income - zoned R-3A CZ!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 89% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 2,115 | 1,383 | 87% |
| Lot Size | 6,970 | 13,068 | 20% |
| Price | $385.0K | $480.0K | 26% |
| Price per sq ft | $182 | $359 | 4% |
| Built year | 1979 | 1968 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 210 | 6% |
Jan 28, 2026
$385,000
$399,000
-4% Price Drop
Initial Listing
Jan 4, 2026
$399,000
Initial Listing
Aug 20, 2020
$398,000
Public Record
Oct 3, 2018
$285,000
Public Record
May 4, 2015
$174,000
Public Record
Aug 6, 1999
$96,500
Public Record