940 Hemming Way, Frazier Park, CA 93225, Frazier Park, 93225 - 3 bed, 2 bath
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Frazier Park, CA 93225
This Strong Value Opportunity is listed at $265,000—positioned well below the $266,638 Fair Market Value by 0.6%. This valuation gap offers $1,638 in Instant Equity. Featuring a Fair Condition Rating, the home offers a functional layout with a spacious deck and 180-degree panoramic mountain views. Located near Frazier Park Elementary, this property provides a peaceful lifestyle for Buy-and-Hold Investors or first-time buyers seeking an affordable mountain retreat with direct access to Los Padres National Forest trails.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Hemming Way Subject | $265,000* List Price | 3 | 2 | 1,066 | $250 | - |
A 3801 Los Padres Active | $249,999 List Price | 3 | 2 | 1,192 | $210 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category. While the home is well-maintained with updated flooring and stainless steel appliances, the kitchen and bathroom cabinetry and countertops are dated and original to the construction. The HVAC systems (evaporative cooler and forced-air) and wood-burning stove are functional but reflect the age of the home, suggesting a need for minor cosmetic updates to meet modern standards.
Situated on the edge of the Los Padres National Forest, the property offers breathtaking 180-degree panoramic mountain views and direct access to hiking and riding trails.
The home is well-equipped with a modern kitchen featuring stainless steel appliances, a cozy wood-burning stove for efficient heating, and dual bathrooms with extra-deep soaking tubs.
The property includes a spacious deck for outdoor living and rare-for-the-area parking capacity for up to four vehicles, adding significant convenience for residents and guests.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3751, other record lot size in square feet = 3920.
As a manufactured home, the property may face more restrictive financing options and generally experiences different appreciation rates compared to traditional stick-built residences.
The home utilizes an evaporative cooler rather than a central HVAC system, which may be less effective during peak summer temperatures or periods of higher humidity.
Welcome to your mountain retreat on the edge of the Los Padres National Forest! This well-maintained 3-bedroom, 2-bath manufactured home offers an exceptional lifestyle surrounded by nature, with hiking and riding trails just steps from your front door. Enjoy breathtaking 180-degree panoramic views of the mountains and valley from the spacious deck—the perfect place to take in spectacular sunrises with your morning coffee. Inside, you'll find a comfortable and inviting floor plan featuring a bright kitchen with ample cabinetry, convenient pull-out drawers, stainless steel refrigerator and dishwasher, stove, and a separate laundry room complete with washer and dryer. Stay comfortable year-round with an efficient evaporative cooler, forced-air heating, and a cozy wood-burning stove for chilly winter evenings. Both bathrooms feature extra-deep soaking tubs, creating the perfect place to unwind after a day of exploring the great outdoors. With convenient parking for four cars, this becomes extra nice. If you've been dreaming of peaceful mountain living with direct access to the beauty and recreation of the Los Padres National Forest, this home is a rare opportunity to enjoy the lifestyle you've been looking for.
No exterior & parking available.
Grades K-4 • 0.1 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,066 | - |
| Lot Size | 3,751 | - |
| Price | $265.0K | $404.2K |
| Price per sq ft | $249 | $220 |
| Built year | 2004 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 99 |
Jun 24, 2026
$265,000
Initial Listing
Sep 29, 2014
$50,000
Public Record
Jun 14, 2005
$175,000
Public Record
May 26, 2004
$22,000
Public Record
Apr 28, 2004
$16,500
Public Record