704 Elm, Frazier Park, CA 93225, Frazier Park, 93225 - 2 bed, 2 bath
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Frazier Park, CA 93225
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $281,268 Fair Market Value by -15%. Featuring a Fair Condition Rating (38 years old), the asset requires significant rehabilitation, yet offers a desirable corner lot with RV parking and scenic mountain views. While the property has faced a long market duration, its $0 HOA fees and functional layout provide a solid foundation for value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a mountain-based renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 704 Elm Subject | $325,000* List Price | 2 | 2 | 1,232 | $228 | - |
A 3820 Rotary Trail Pending | $335,000 List Price | 3 | 2 | 1,338 | $250 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (38 years old) with no mention of renovations to kitchen, baths, or major systems, placing it in the >30y category. The exterior shows signs of deferred maintenance, including peeling paint on the deck and weathered siding, suggesting the property likely requires significant updates or rehab.
The property features a desirable corner lot with RV parking and a spacious fenced yard, offering rare utility and storage options for mountain living.
Situated conveniently close to local shops, restaurants, and freeway access, this home balances a peaceful mountain atmosphere with easy accessibility to essential amenities.
With an association fee of $0, homeowners enjoy lower monthly carrying costs and greater freedom over their property compared to managed communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3756, other record lot size in square feet = 3920.
Having been on the market for 242 days, the property may face perception issues regarding its pricing or condition, potentially affecting its liquidity.
At just 3,756 square feet, the lot is relatively small for a mountain retreat, which may limit privacy and outdoor expansion opportunities for some buyers.
Charming mountain retreat situated on a desirable corner lot in the peaceful community of Frazier Park. This property offers RV parking, a spacious fenced yard, and a functional layout with plenty of natural light throughout. Enjoy the scenic mountain surroundings, fresh air, and relaxing atmosphere while still being conveniently close to town, local shops, restaurants, and freeway access. Great opportunity for full-time living, a weekend getaway, or investment potential in a beautiful mountain setting.
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,232 | - |
| Lot Size | 3,756 | - |
| Price | $325.0K | $404.2K |
| Price per sq ft | $264 | $220 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 296 | 99 |
Sep 29, 2025
$325,000
Initial Listing
Nov 23, 2021
$200,000
Public Record
May 31, 2011
$13,000
Public Record
Mar 26, 2010
$72,500
Public Record
Mar 11, 2004
$130,000
Public Record
Jan 8, 1996
$65,000
Public Record