5902 Margaritha, 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 with deferred maintenance, the home provides significant upside via its expansive 0.82-acre lot and unobstructed mountain views. Featuring an open floor plan and rural utility systems, this property is a high-utility acquisition for Cash Investors or DIY Owner-Occupants looking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5902 Margaritha Subject | $299,000* List Price | 3 | 2 | 1,381 | $217 | - |
A 5902 Margaritha Lane 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. Interior images reveal stained carpeting, wall damage, and dated finishes including oak cabinetry and laminate countertops. While the structure appears intact and functional, the listing explicitly states the home needs TLC and is being sold 'as-is,' fitting the criteria for a property that is aged and requires minor to moderate updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35834, living area = 1381.
The property sits on nearly a full acre (35,834 sq ft), providing ample space for livestock, gardening, or future expansion in a peaceful rural setting.
Residents can enjoy breathtaking mountain views and desert sunsets, offering a serene environment that enhances the property's appeal as a country retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =35834, other record lot size in square feet = 35719.
The home is sold in 'as-is' condition and requires significant TLC, which may necessitate a substantial additional investment for repairs and updates.
Reliance on a shared well, septic system, and an unconventional solar setup may present maintenance challenges or limit financing options for traditional buyers.
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, owned unconventional solar system, 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 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,381 | 1,641 | 38% |
| Lot Size | 35,834 | 6,659 | 86% |
| Price | $299.0K | $419.0K | 15% |
| Price per sq ft | $217 | $259 | 27% |
| Built year | 1989 | 1993 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 211 | 1% |
Mar 1, 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