5902 Margaritha Lane, Rosamond, CA 93560, Rosamond, 93560 - 3 bed, 2 bath
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Rosamond, CA 93560
This Value-Add Rural Residential Asset is a High-Potential Investment Opportunity listed at $299,000—positioned well below the $303,246 Fair Market Value by 1%. This valuation gap offers $4,246 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the home requires a comprehensive renovation but provides a strong foundation with its expansive one-acre lot and scenic mountain views. The open floor plan and tranquil desert setting offer significant potential for forced appreciation, making this a high-utility acquisition for Cash Investors or DIY Owner-Occupants looking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5902 Margaritha Lane Subject | $299,000* List Price | 3 | 2 | 1,381 | $220 | - |
A 5902 Margaritha Active | $299,000 List Price | 3 | 2 | 1,381 | $217 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is in mostly original condition and shows signs of deferred maintenance consistent with its age. The kitchen and bathrooms feature dated oak cabinetry, laminate countertops, and older white appliances. While the home is functional and livable, the listing's 'as-is' status and need for 'TLC' align with the fair category, requiring cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35719, living area = 1381.
Situated on nearly a full acre (35,834 sq ft), the property provides vast space for outdoor recreation, livestock, or potential expansion, offering rare land value.
The location offers breathtaking mountain views and tranquil desert sunsets, providing a peaceful escape and high aesthetic appeal for those seeking a rural lifestyle.
The property requires substantial TLC and is sold in its current state, which may limit traditional financing options and necessitate immediate capital for repairs.
Reliance on a shared well, propane, and a septic system may be a drawback for buyers accustomed to municipal services and requires ongoing private maintenance.
Escape to the wide-open beauty of rural Rosamond, where peaceful living meets endless skies and breathtaking mountain views. This 3-bedroom, 2-bath single-family residence offers 1,381 square feet of living space on an expansive 35,834 sq ft lot -- nearly a full acre of land to call your own. Inside, you'll find an open floor plan with great potential, ready for your vision and updates. The layout provides a comfortable flow between living spaces, making it ideal for reimagining into a charming country retreat or investment opportunity. Step outside and enjoy the serenity of rural living -- wide open spaces, clear desert skies, and unforgettable sunsets set against the mountains. The generous lot offers ample room for outdoor living, expansion, recreation, or storage. The perfect location to grown your own food, raise livestock, and have that egg producing chicken coup you've always wanted! The possibilities are endless. Additional features include a 1-car garage, 1-car carport, shared well, propane, and septic system. Perfect for cash investors looking for a value-add opportunity. The home needs TLC, sold 'AS IS' and is priced according to its current condition. Don't miss this exceptional opportunity with amazing potential in a tranquil rural setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,381 | 1,731 | 33% |
| Lot Size | 35,719.199 | 6,820 | 84% |
| Price | $299.0K | $426.2K | 12% |
| Price per sq ft | $217 | $258 | 28% |
| Built year | 1989 | 1993 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 178 | 1% |
Mar 25, 2026
$299,000
Initial Listing
Sep 28, 2012
$100,000
Public Record
Apr 30, 2012
$54,000
Public Record
Oct 31, 1996
$76,000
Public Record