
Frazier Park, CA 93225
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned well below the $276,134 Fair Market Value by -4%. Featuring a Fair Condition Rating, this asset offers significant upside through modernization. The large lot size and two-parcel configuration provide rare expansion potential, while the mountain views and detached two-car garage add functional value. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a scenic, accessible mountain community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6525 Lakeview Drive Subject 2 bd · 1 ba · 786 sqft · $351 | $289,000* List Price | 2 | 1 | 786 | $351 | - |
A 7100 Lakewood Dr Pending 2 bd · 1 ba · 1,054 sqft · $270 · 0.6 mi | $285,000 List Price | 2 | 1 | 1,054 | $270 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is well-maintained but dated. While it features newer laminate flooring and a clean interior, the kitchen remains functional but old-fashioned with tile countertops and oak cabinetry. The wood-paneled walls and overall aesthetic suggest renovations are older than 15-20 years, placing it in the 'Fair' category as it is move-in ready but requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8721, living area = 786.
The property is situated on two nearly level parcels, providing rare outdoor space and significant flexibility for future development, gardening, or added privacy.
Residents enjoy scenic mountain views and proximity to National Forest recreation while maintaining easy access to Interstate 5 for commutes to Santa Clarita or Bakersfield.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8721, other record lot size in square feet = 5662. Living area discrepancy between mls listing and other public or private record. mls listing living area = 786, other record living area = 2024. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
With only 786 square feet of interior space, the home's compact footprint may be restrictive for larger families or those requiring a home office.
The property is currently tenant-occupied and requires appointments for showings, which may complicate the viewing process and delay immediate possession for owner-occupants.
Mountain Charm on Two Lots! Discover the possibilities with this charming mountain retreat in the peaceful community of Lake of the Woods. Situated on two nearly level parcels, this 2-bedroom, 1-bath home offers the extra outdoor space that's becoming increasingly difficult to find. Whether you're looking for a full-time residence, weekend escape, or investment opportunity, this property deserves a closer look. A welcoming front porch, detached two-car garage, concrete driveway, RV parking, mature fruit trees, and generous yard space provide plenty of room to enjoy mountain living. Inside, the home features a comfortable single-level floor plan with beamed ceilings, warm wood accents, a cozy living room fireplace, and a functional kitchen with tile countertops. The second parcel adds flexibility and future potential for the new owner. Enjoy beautiful mountain views while being just minutes from Interstate 5 for an easy commute to Bakersfield, Santa Clarita, or Los Angeles. Hiking, National Forest, horseback riding, and year-round outdoor recreation are all nearby. Property is tenant occupied. Showings are by appointment only. Buyers are encouraged to verify all information, including lot sizes, water service, permitted uses, improvements, and future development potential.
No exterior & parking available.
Grades K-4 • 3.2 mi
Grades 9-12 • 6.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 786 | 1,436.625 |
| Lot Size | 8,721 | 7,459.063 |
| Price | $289.0K | $317.5K |
| Price per sq ft | $368 | $222 |
| Built year | 1960 | 1984 |
| HOA | $0 | $110 |
| Days on market | 96 | 122 |
Jul 20, 2026
$289,000
Initial Listing