
Ridgecrest, CA 93555
This property presents a High-Potential Investment Opportunity with a List Price of $209,000—positioned above the $130,912 Fair Market Value by 59%. While the current list price exceeds the estimated value, the property offers a Fair Condition Rating and significant High Available Lot Utilization on an 8,712 sqft parcel. The 1990 construction provides a modern structural foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing interior updates to modernize the dated finishes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 809 S Sunset Subject | $209,000* List Price | 3 | 1 | 1,248 | $167 | - |
A 931 W Perch Avenue Active | $215,000 List Price | 3 | 1 | 1,224 | $176 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990, the property is 36 years old, which falls into the 'poor' category (>30y) according to the criteria. Interior images show dated linoleum flooring and visible scuffs/wear on the walls, suggesting the home is in original condition and requires significant updates or rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1248.
Listed at $209,000, this property represents a highly accessible price point for the Ridgecrest market, offering significant value for first-time homebuyers or investors looking for an affordable entry.
Built in 1990, the residence likely features more contemporary building standards, insulation, and utility systems compared to the older mid-century housing stock common in the surrounding area.
With three bedrooms but only one bathroom, the layout may be less convenient for families and could face a competitive disadvantage against similar homes offering 1.5 or 2 baths.
The property was sold for $190,000 in mid-2023; the current list price reflects a quick upward adjustment that may be scrutinized by appraisers unless significant interior improvements have been made.
Exceptional opportunity in Ridgecrest. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,248 | - |
| Lot Size | 8,712 | - |
| Price | $209.0K | $286.9K |
| Price per sq ft | $167 | $173 |
| Built year | 1990 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 214 |
Jun 8, 2026
$209,000
Initial Listing
May 9, 2023
$190,000
Public Record
Apr 13, 2021
$170,000
Public Record
Sep 5, 2019
$143,500
Public Record
Aug 28, 2009
$130,000
Public Record
Jun 27, 2007
$120,000
Public Record
Aug 2, 2002
$49,000
Public Record