56814 Ivanhoe Drive, Yucca Valley, California 92284, Yucca Valley, 92284 - 3 bed, 2 bath

56814 Ivanhoe Drive, Yucca Valley, California 92284 home-pic-0
ACTIVE$308,750
56814 Ivanhoe Drive, Yucca Valley, California 92284
3Beds
2Baths
1,878Sqft
18,088Lot

Price Vs. Estimate

The estimated value ($308,750) is $0 (0%) lower than the list price ($308,750). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18088, living area = 1878.
Top Cons:
Short Sale Transaction: Being a short sale, the purchase process will likely be more complex, potentially lengthy, and subject to lender approval, which can deter some buyers.

Compared to the nearby listings

Price:$308.8K vs avg $380.0K ($-71,250)26%
Size:1,878 sqft vs avg 1,500.5 sqft75%
Price/sqft:$164 vs avg $2595%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property is 53 years old and the listing explicitly describes it as a 'diamond in the rough' and 'your project to remake this,' indicating a need for substantial repairs and rehabilitation. The visible interior features (worn carpet, dated wood-burning stove, older windows) confirm a lack of significant updates in decades. While it has 'good bones,' the absence of kitchen and bathroom photos, combined with the overall description, strongly suggests these critical areas are in original or severely outdated condition, requiring a full renovation. The solar panels are mentioned but their condition is unknown, adding to potential costs.
Year Built
1971
Close
-
List price
$309K
Original List price
$309K
Price/Sqft
$164
HOA
-
Days on market
-
Sold On
-
MLS number
OC24244249
Home ConditionPoor
Features
View-

About this home

Short Sale, Price listed is 95% the appraised price from the lender that is acceptable. What you have been waiting for, a diamond in the rough! Bring your imagination and paint brush. Larger 1970’s built, 3 bed 2 bath home on a large lot. The property has good bones and features Solar on the roof. (not sure of condition) This is your project to remake this in your own image as to what you have been dreaming about!

Nearby schools

3/10
Yucca Valley Elementary School
Public,K-62.0mi
4/10
Onaga Elementary School
Public,K-62.0mi
3/10
La Contenta Middle School
Public,7-83.7mi
4/10
Yucca Valley High School
Public,9-121.2mi
Condition Rating
Poor

Built in 1971, this property is 53 years old and the listing explicitly describes it as a 'diamond in the rough' and 'your project to remake this,' indicating a need for substantial repairs and rehabilitation. The visible interior features (worn carpet, dated wood-burning stove, older windows) confirm a lack of significant updates in decades. While it has 'good bones,' the absence of kitchen and bathroom photos, combined with the overall description, strongly suggests these critical areas are in original or severely outdated condition, requiring a full renovation. The solar panels are mentioned but their condition is unknown, adding to potential costs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18088, living area = 1878.
Investment Potential: Described as a 'diamond in the rough' and a 'project,' this property offers significant upside for renovation and personalization, appealing to buyers looking to add value.
Large Lot Size: The generous 18,088 sqft lot provides ample outdoor space for potential expansion, extensive landscaping, or recreational amenities.
Spacious Interior: With 1,878 sqft for a 3-bedroom, 2-bathroom layout, the home offers a larger footprint compared to many properties of its era, providing comfortable living space.
Solid Foundation: The property is noted to have 'good bones,' suggesting a structurally sound base for any future renovations or upgrades.
Solar Panels: The presence of solar panels on the roof offers potential for future energy efficiency and reduced utility costs, once their condition is verified or restored.

Cons

Short Sale Transaction: Being a short sale, the purchase process will likely be more complex, potentially lengthy, and subject to lender approval, which can deter some buyers.
Requires Extensive Renovation: The description explicitly states it's a 'project' requiring imagination and a 'paint brush,' indicating significant time and financial investment for necessary updates and repairs.
Uncertain Solar Panel Condition: While solar panels are present, their 'not sure of condition' status means they may require inspection, repair, or replacement, adding an unknown cost factor to the renovation budget.

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