
Lucerne Valley, California 92356
This property presents a High-Potential Investment Opportunity with a List Price of $242,000—positioned well below the $253,998 Fair Market Value by 4%. This valuation gap offers $11,998 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes solar panels and a spacious 19,200 sq ft lot with scenic hill views. While the vintage 1965 layout requires cosmetic updates, the property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Property is moderate renovation needed.
Built in 1965, the property is significantly dated but shows evidence of system maintenance, including solar panels, AC, and a modern Rheem water heater. While the age exceeds 50 years, these updates prevent a 'Tear-down' or 'Poor' classification. The exterior stucco and landscaping require attention, and the interior likely needs cosmetic modernization, fitting the 'Fair' criteria for minor repairs and updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19200, living area = 1152.
The property features solar panels, providing a significant value-add by reducing long-term utility costs in the desert climate.
Situated on a generous 19,200 sq ft lot, the property offers ample space for outdoor activities, storage, or potential future expansions.
With only one bathroom for a two-bedroom home, the layout may present a challenge for households with multiple occupants or guests.
Built in 1965, the property may require updates to its original systems or cosmetic finishes to meet modern buyer standards.
Single family featuring 2 bedrooms, 1 bathroom, and a approximately 1,152 sq ft of living space on a spacious 19,200 sq ft lot. Built in 1965, the home offers a functional layout, solar panels, AC, and plenty of outdoor space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,152 | 1,546 | 23% |
| Lot Size | 19,200 | 179,902.797 | 3% |
| Price | $242.0K | $307.5K | 30% |
| Price per sq ft | $210 | $191 | 60% |
| Built year | 1965 | 1976 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 213 | 3% |
Jun 1, 2026
$242,000
Initial Listing
Sep 11, 2023
$265,000
Public Record
Apr 10, 1996
$50,000
Public Record