
Wrightwood, California 92397
This Dual-Residence Mountain Property is a High-Potential Investment Opportunity, listed at $685,000—positioned well above the $619,933 Fair Market Value by 10%. While priced above current estimates, the property offers significant utility through its Dual-Residence Income Potential and expansive 98,881 sqft lot. With a Condition Rating of 4, the main home provides a solid foundation for modernization. The inclusion of a tenant-occupied homestead creates immediate cash flow, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile mountain retreat with supplemental income.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is well-maintained but features original, dated finishes in the kitchen and bathrooms, including tile countertops and oak cabinetry. While systems like the HVAC and water heater are updated, the overall aesthetic requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 98881, living area = 2296.
The property features two separate residences on one lot, including a 440 sqft tenant-occupied homestead that provides immediate rental income or flexible space for multi-generational living.
Situated on a massive 98,881 sqft lot in the desirable Oak Springs Valley, this property offers rare privacy, mature landscaping, and significant room to spread out in a serene mountain setting.
The existing solar system carries a monthly payment of approximately $150, which is an ongoing financial obligation that the buyer must assume.
The second residence is currently occupied by a tenant, which may limit immediate personal use of the full property and requires the buyer to manage an existing lease.
2 residences on one lot! Tucked beneath the pines in the desirable Oak Springs Valley community just below Wrightwood. , this main home is spacious 3-bedroom, 2.5-bath mountain retreat offers 2,296 square feet of comfort, functionality, and room to spread out as well as an attached 3 car garage. The home features newer carpet throughout, a stunning rock fireplace, and a built-in dining room hutch that adds warmth and character. The expansive kitchen includes a long peninsula perfect for gathering, entertaining, or casual dining, while large windows bring in abundant natural light and showcase the peaceful wooded surroundings. Recent upgrades include a new dishwasher and water heater, while ducted evaporative cooling and central HVAC provide year-round comfort. The inviting exterior offers charming curb appeal with mature landscaping, raised garden beds, and a serene mountain backdrop. The second home is a 440 square foot homestead on the property, currently tenant occupied, offering potential supplemental income or flexible use possibilities. The homestead is a 1 bedroom 1 bath residence with a living room and kitchen as well as a balcony and has its own detached 2 car garage and has it's own electricity meter and propane tank. Solar system is in place and PAID OFF to the benefit of the buyer and offers 16 panels on the roof to greatly reduce or eliminate any electricity costs. Enjoy the best of Wrightwood living with space, character, and versatility all in one beautiful mountain property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,296 | 1,691.5 | 86% |
| Lot Size | 98,881 | 8,054 | 96% |
| Price | $685.0K | $431.2K | 93% |
| Price per sq ft | $298 | $294 | 50% |
| Built year | 1993 | 1974 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 179 | 4% |
May 29, 2026
$685,000
Initial Listing
Aug 24, 2007
$375,000
Public Record