845 Moreno Lane, Sugarloaf, California 92386, Sugarloaf, 92386 - 2 bed, 1 bath
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Sugarloaf, California 92386
This property presents a High-Potential Investment Opportunity with a List Price of $323,990—positioned well below the $250,388 Fair Market Value by -29%. While the property requires significant rehabilitation due to its Condition Rating of 5, the rare triple lot offers substantial development potential, including ADU construction or subdivision. Featuring a Mountain/Tree View and proximity to hiking trails, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on the significant land-to-improvement ratio and forced appreciation strategies in the Sugarloaf market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Moreno Lane Subject | $323,990* List Price | 2 | 1 | 1,248 | $201 | - |
A 510 Sunset Lane Sold | $320,000 | 2 | 2 | 1,120 | $286 | 0.5 mi |
B 843 Victoria Sold | $312,500 | 2 | 1 | 940 | $332 | 0.0 mi |
C 265 Cedar Lane Sold | $270,000 | 2 | 1 | 954 | $283 | 0.7 mi |
D 151 Vista Sold | $235,000 | 2 | 1 | 936 | $251 | 0.4 mi |
E 172 Vista Sold | $313,700 | 2 | 2 | 1,024 | $306 | 0.4 mi |
F 476 Los Angeles Avenue Sold | $310,200 | 2 | 3 | 1,464 | $212 | 0.6 mi |
G 811 Leonard Lane Active Under Contract | $350,000 List Price | 3 | 2 | 1,316 | $266 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 with no evidence of significant renovations in nearly 60 years. The interior features original wood paneling, dated carpeting, and aging fixtures. Based on the age and visible condition of the finishes, the property requires a full rehabilitation of the kitchen, bathroom, and likely the mechanical systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7125, living area = 1248.
Situated on a rare triple lot, this property offers significant value-add opportunities including the potential to subdivide, build an additional home, or construct an ADU.
The cabin features classic woodsy charm with genuine pine tongue-and-groove vaulted ceilings, a wood-burning fireplace, and a secondary wood stove, providing a true mountain ambiance.
With only one bathroom serving a 1,248-square-foot home, the layout may be a drawback for families or those looking to maximize short-term rental occupancy.
Built in 1965, the property may require updates to its original systems and insulation to meet modern energy efficiency standards and contemporary buyer expectations.
Welcome Home to your Traditional Woodsy, Mountain Cabin! Quiet Popular area of upper Sugarloaf. 3 Houses away from the Forest. Walk to Hiking Trails. Open Floorplan. Wood Burning Fireplace in Spacious Formal Living Room provides the Real Cabin Ambiance! Open Kitchen with Bar. Wood Burning Stove in Family Room. Beautiful Genuine Wood Vaulted High Ceilings with Pine T & G. Lots of Offstreet Parking on a triple lot! Easily Subdivide and Build a New Home on Vacant Lot Area, or * Build an ADU * Garage can be installed in numerous areas on the property and Tuff Shed can often be built in 4 months! Bring your Boats, RV's, Trailers and Toys! Short Drive to the Lake, Shopping, Ski Resorts, Golf and Restaurants.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 4.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 49% |
| Square foot | 1,248 | 936 | 76% |
| Lot Size | 7,125 | 5,000 | 82% |
| Price | $324.0K | $299.0K | 69% |
| Price per sq ft | $260 | $335 | 25% |
| Built year | 1965 | 1977 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 201 | 2% |
Jun 6, 2026
$323,990
$324,000
+0% Price Increase
Initial Listing
May 22, 2026
$324,000
Initial Listing