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$389,900

Beds
2
Baths
1.0
sq ft
1,306

38450 State Highway 18, Lucerne Valley, CA 92356

38450 State Highway 18

Lucerne Valley, CA 92356

  • 52 days on market
Beautifully rehabilitated homestead ready for new owners. This serene, private 6.74 acre property is perfect for retirement, a second home, or an Airbnb. Located on an upper slope with valley and mountain views, it’s just 30 minutes from Big Bear Lake. Features include a remodeled 1300 sq. ft. desert cabin with two bedrooms and one bath, new mini spilt heating / cooling systems, two fireplaces, level RV pads, a new roof, and solar power. The property has spring-fed water with new lines, fixtures, pump, and pressure tank. Upgrades include new flooring, countertops, kitchen cabinets, a remodeled bathroom, new hot water heater, insulation, drywall, and a new septic main line. Two large storage containers and a recently cleared spring-fed pond add to its appeal. It backs up to open government land and is 6 miles from local amenities in Lucerne Valley. Secluded, private, and perfect for someone with fresh enthusiasm.

Details

Property type

Single Family Residence

Est. home value

$312,293

Lot size

6.74 acres

Price per sq ft

$299

Year built

1950

Price History

07/18/2024
CRMLS

CRMLS #HD24142490

Listed
$389,900
+52.9%
11/28/2022
CRMLS

CRMLS #RS22041830

Sold
$255,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Lucerne Valley Unified

Negotiation Insights

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

Seller could get up to

$108,017
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$250,691
Cash to seller
$108,017

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$257,575

Est. remaining balance

$250,691

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Haylee Mae Ahola and Richard V Beynon

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: 09/08/2024 at 2:35 AM

Listing updated: 09/03/2024 at 12:45 PM

Listed by: Donald Staff, Oasis Realty Group Inc Phone #: (760) 979-2070

MLS: CRMLS #HD24142490

CRMLS logo