8390 Milpas, Apple Valley, California 92308, Apple Valley, 92308 - 2 bed, 1 bath
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8390 Milpas
Apple Valley, California 92308
ACTIVE
CONDITION: POOR
2Beds
1Baths
966Sq Ft
209,088Lot Size
Property Price
LIST PRICE$174,900
EST. MARKET VALUE
$180,877
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $174,900—positioned well below the $180,877 Fair Market Value by 3%. This valuation gap offers $5,977 in Instant Equity for buyers capable of managing a full-scale renovation. Featuring a Condition Rating of 5, the home requires significant structural repairs, including a roof replacement. However, the 5-acre parcel and panoramic desert views provide a unique canvas for forced appreciation. This is a cash-only acquisition ideal for Fix-and-Flip Investors or Contractors.
Estimated Market Value
$180,877+$5,977 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Apple Valley.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1960 with no significant renovations, the property features a severely dated kitchen and bathroom with missing cabinetry components. The listing explicitly states the roof condition prevents traditional financing, indicating a major structural defect requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 209088, living area = 966.
- Expansive Acreage & Privacy
The property features a massive 5-acre lot that backs up to government land, ensuring maximum privacy and a true secluded desert experience.
- Exceptional Scenic Views
Situated at the peak of Milpas Drive, the home offers breathtaking panoramic views of the surrounding valley, mountains, and desert landscape.
CONSRISKS & DEFICIENCIES
- Financing Limitations
The property requires an all-cash purchase as the current condition of the roof prevents it from qualifying for traditional financing.
- Bedroom Count Discrepancy
Although tax records list the home as a two-bedroom, it is currently a one-bedroom residence, necessitating additional work to restore it to its recorded configuration.
About 8390 Milpas
Charming Apple Valley home in the Milpas Highlands area with unbeatable views of the surrounding valley. Tax records reflects 2 bedrooms, but this is actually a 1 bedroom home currently that could be modified to add an additional bedroom. The home is all electric and is connected to the Juniper Riviera water district. The open floor plan creates the perfect opportunity to renovate and create an incredible desert escape sitting on an impressive 5 acre parcel of land of which about 1 acre is fenced. The home sits all the way at the top of Milpas Drive and is backed up to government land which offers incredible privacy and space. This property will not qualify for financing given the condition of the roof and will need to be sold all cash. Great opportunity to have your own desert getaway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 209,088 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 966 | 1,716.156 |
| Lot Size | 209,088 | 22,699.063 |
| Price | $174.9K | $442.5K |
| Price per sq ft | $181 | $241 |
| Built year | 1960 | 1990 |
| HOA | $0 | $246 |
| Days on market | 84 | 69 |
Pricing History
Listed for Sale
Jul 25, 2026
$174,900
$189,000
-7% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$189,000
Initial Listing
Sold
Jun 28, 2022
$30,000
Public Record