
Frazier Park, CA 93225
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned above the $277,524 Fair Market Value by 4%. While the price reflects a premium, the Double Lot Potential and Detached Two-Car Garage provide significant utility for long-term value-add strategies. The home carries a Poor Condition Rating, indicating a need for capital improvements to modernize the 1960s interior. This asset is best suited for Buy-and-Hold Investors or Contractors capable of leveraging the extra parcel for future development or expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 95 Lakeview Subject | $289,000* List Price | 2 | 1 | 786 | $353 | - |
A 7100 Lakewood Drive Active | $309,000 List Price | 2 | 1 | 1,054 | $293 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (64 years old) with a dated kitchen featuring tile countertops and original wood accents. While currently functional and tenant-occupied, the property's age and lack of documented renovations place it in the poor category, as it likely requires major updates to systems and interior finishes to meet modern standards.
The property includes two nearly level parcels, providing rare extra outdoor space and significant potential for future development, expansion, or investment flexibility.
Equipped with a detached two-car garage, a concrete driveway, and dedicated RV parking, the home offers exceptional utility and storage for vehicles and mountain gear.
The residence features classic charm with beamed ceilings, warm wood accents, and a cozy fireplace, all set against a backdrop of beautiful mountain views and mature fruit trees.
At just 786 square feet with a single bathroom, the compact footprint may be restrictive for families or buyers requiring more interior room and privacy.
The property is currently tenant-occupied, which necessitates appointment-only showings and may complicate the timeline for buyers seeking immediate possession.
Mountain Charm on Two Lots! Discover the possibilities with this charming mountain retreat in the peaceful community of Lake of the Woods. Situated on two nearly level parcels, this 2-bedroom, 1-bath home offers the extra outdoor space that's becoming increasingly difficult to find. Whether you're looking for a full-time residence, weekend escape, or investment opportunity, this property deserves a closer look. A welcoming front porch, detached two-car garage, concrete driveway, RV parking, mature fruit trees, and generous yard space provide plenty of room to enjoy mountain living. Inside, the home features a comfortable single-level floor plan with beamed ceilings, warm wood accents, a cozy living room fireplace, and a functional kitchen with tile countertops. The second parcel adds flexibility and future potential for the new owner. Enjoy beautiful mountain views while being just minutes from Interstate 5 for an easy commute to Bakersfield, Santa Clarita, or Los Angeles. Hiking, National Forest, horseback riding, and year-round outdoor recreation are all nearby. Property is tenant occupied. Showings are by appointment only. Buyers are encouraged to verify all information, including lot sizes, water service, permitted uses, improvements, and future development potential.
No exterior & parking available.
Grades K-4 • 3.2 mi
Grades 9-12 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 786 | - |
| Lot Size | 4,402 | - |
| Price | $289.0K | $404.2K |
| Price per sq ft | $368 | $220 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 99 |
Jul 20, 2026
$289,000
Initial Listing
Sep 25, 2020
$198,000
Public Record
Jul 26, 2017
$125,000
Public Record