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$599,000

Beds
2
Baths
1.0
sq ft
880

12800 Locust Ave, Lucerne Valley, CA 92356

12800 Locust Ave

Lucerne Valley, CA 92356

  • 363 days on market
    • Price drop $91,000↓
Water Right, Water Rights, Please see Memorandum in supplement, 647 Acre feet water Rights. Great Opportunity to own 80 acres of agricultural land, with incredible water rights. There is a two bedroom and 1 bath home that is being sold in "AS-IS" condition. There is also an existing abandoned 1200 tool shop, and a 6000 sq foot hay barn on the property, but the main attraction is the available water, to grow. Also there in a renewable energy Project available for extra income.

Details

Property type

Single Family Residence

Est. home value

$953,591

Lot size

80.0 acres

Price per sq ft

$681

Year built

1970

HOA

No

Price History

12/05/2024
CRMLS

CRMLS #OC24001923

Price change
$599,000
-13.19%
03/06/2024
CRMLS

CRMLS #OC24001923

Price change
$690,000
-13.64%
01/04/2024
CRMLS

CRMLS #OC24001923

Listed
$799,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Lucerne Valley Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

America United Development Llc

Loan start date

March 2021

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

Commercial

Seller

Zhuo Yuan Liu and Chao Man Lin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/31/2024 at 10:30 PM

Listing updated: 12/04/2024 at 9:40 PM

Listed by: David Babiracki, Option West Realty Phone #: (949) 348-0888

MLS: CRMLS #OC24001923

CRMLS logo

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