57866 Desert Gold Drive, Yucca Valley, California 92284, Yucca Valley, 92284 - 3 bed, 2 bath

57866 Desert Gold Drive, Yucca Valley, California 92284 home-pic-0

57866 Desert Gold Drive

Yucca Valley, California 92284

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,814Sq Ft
18,000Lot Size

Property Price

LIST PRICE$399,000
EST. MARKET VALUE
$257,414
35% AboveMARKET VALUE

SUMMARY

Analysis of 57866 Desert Gold Drive, Yucca Valley, California 92284 reveals a property with a current list price of $399,000, which is 35% above the estimated $257,414 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Yucca Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$257,414
Based on Realkey algorithm analyzing recent comparable sales in Yucca Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
57866 Desert Gold Drive
Subject
$399,000*
List Price
321,814$142-
A
57966 El Dorado Drive
Sold
$465,000332,110$2200.1 mi
B
8723 Palomar Avenue
Sold
$385,000321,456$2640.9 mi
C
8745 San Vicente Drive
Sold
$330,000321,487$2220.5 mi
D
57795 El Dorado Drive
Active
$359,900
List Price
321,952$1840.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property, built in 1986, features a very dated kitchen with original-style oak cabinets, tile countertops, and older white appliances (except for a newer refrigerator). The flooring in the kitchen and dining area is also dated tile. The most significant issue is the unmaintained, green pool, indicating substantial deferred maintenance and requiring significant repair or rehabilitation. Fences are also dilapidated. While the core structure appears sound, the visible condition of major components and outdated interior features necessitate substantial repairs and renovations to bring the property to a modern, functional standard.

PROSSTRENGTHS & OPPORTUNITIES

  • Generous Lot Size

    The property features a substantial 18,000 sqft lot, providing ample outdoor space for privacy, potential expansion, or recreational use.

  • Desirable Desert Views

    Explicitly offering desert views, this property provides aesthetic appeal and a tranquil environment, a significant draw for the Yucca Valley market.

  • Access to Highly-Rated Schools

    Proximity to well-regarded educational institutions, including Yucca Valley High School (4/5 rating) and Friendly Hills Elementary (5/5 rating), enhances its attractiveness to families.

CONSRISKS & DEFICIENCIES

  • Significant Overpricing

    The current listing price of $399,000 is 32% above the estimated property value of $270,456.86, which may deter potential buyers and prolong market time.

  • Age of Property & Potential for Updates

    Built in 1986, the home is nearly 40 years old, suggesting that key systems and finishes may be original or dated, potentially requiring significant capital expenditure for renovations or repairs.

  • Lack of Detailed Property Information

    The provided description is generic and lacks specific details about the home's condition, recent upgrades, or unique features, which could create uncertainty for interested buyers.

About 57866 Desert Gold Drive

Fantastic opportunity !!! This is a beautiful home ! and will not last on the market !

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1986
Lot Size
18,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Yucca Valley Unified Schools

Onaga Elementary School

Grades K-6 • 3.1 mi

4/10

Friendly Hills Elementary School

Grades K-6 • 4.4 mi

5/10

La Contenta Middle School

Grades 7-8 • 2.5 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,8141,500
67%
Lot Size18,00023,400
29%
Price$399.0K$380.0K
54%
Price per sq ft$220$256
29%
Built year19861979
63%
HOA$0$0
50%
Days on market674201
99%

Pricing History

Listed for Sale

May 2, 2024

$399,000

Initial Listing

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