568 Jemez, Yucca Valley, California 92284, Yucca Valley, 92284 - 2 bed, 2 bath
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Yucca Valley, California 92284
This property presents a High-Potential Investment Opportunity with a List Price of $249,900—positioned well below the $211,007 Fair Market Value by -18%. Featuring a 1.3-acre lot and distant mountain views, this Fair Condition Rating asset requires a full-scale renovation to unlock its value. The property is ideal for an FHA 203k rehab loan, providing a clear path for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Flamingo Heights.
Property is extensive renovation needed.
Built in 1957 and marketed as a 'sweat equity project,' this property requires a full rehab. Interior images show bare, cracked concrete slabs and unfinished walls, while the exterior shows significant weathering on the fascia and roofline. It lacks modern systems and finished flooring, fitting the criteria for a property needing major rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56628, living area = 1050.
The property sits on 1.3 acres of flat, usable land that is partially fenced and conveniently connected to city water, providing ample space for ADUs, workshops, or desert landscaping.
Marketed as a 'sweat equity' project with a highly motivated seller, this property offers a significant opportunity for investors or DIY buyers to add value and secure a bargain in Flamingo Heights.
The property is in need of significant repairs and updates, requiring a buyer with the vision, tools, and budget to handle a full-scale 'fixer-upper' project.
Built in 1957, the home likely requires modernization of major systems and finishes to meet contemporary living standards and energy efficiency requirements.
This is your perfect sweat equity project. This 2 bedroom 2 bath bungalow is located in Flamingo Heights, just one parcel off the pavement and has 1.3 acres of flat useable land. It is partially fenced, and is connected to city water. It has a nice open floorplan with large rooms and lots of natural light. Bring your vision and tools and get the bargain of the year. Very motivated seller will look at all offers. This is a perfect project for an FHA 203k rehab loan!
No exterior & parking available.
Grades K-6 • 2.1 mi
Grades K-6 • 5.3 mi
Grades 7-8 • 9.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,050 | 1,530 |
| Lot Size | 56,628 | 22,500 |
| Price | $229.9K | $387.8K |
| Price per sq ft | $219 | $257 |
| Built year | 1957 | 1981 |
| HOA | $0 | $0 |
| Days on market | 32 | 84 |
Jul 20, 2026
$229,900
$249,900
-8% Price Drop
Initial Listing
Jul 8, 2026
$249,900
$274,900
-9% Price Drop
Initial Listing
Jun 20, 2026
$274,900
Initial Listing
Jan 5, 2021
$130,000
Public Record
Mar 1, 2010
$50,000
Public Record
Mar 25, 2005
$134,000
Public Record
Jan 6, 2005
$55,000
Public Record