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$999,900

Beds
4
Baths
5.5
sq ft
9,000

45985 Cottonwood Rd, Newberry Springs, CA 92365

45985 Cottonwood Rd

Newberry Springs, CA 92365

  • 861 days on market
This is a RARE opportunity! This unique dome home is a registered historical landmark. It has over 9000 sq. ft on 40 acres fenced! 4 domes & 2 towers, plus HUGE attached garage! 4 massive bedrooms, each with their own bath, plus 1 guest bath downstairs. Large living room, separate family room, formal dining room, library and game room. Large kitchen with lots of counter and cabinet space. Laundry room and 3 storage rooms. 4-car garage with 1100 sq. ft. above the garage for work or craft room. Driveway wraps around the property. 5 evap coolers for summer. Enclosed front porch, Fire pit, and large outside deck. 10 acres fenced with 900 fruit, nut & shade trees - and full water rights. Playground in the side yard, plus open yard on all four sides of the property. There is also a 2 BD, 2 BA manuf home that could be a rental unit. Additional building in back currently used as a workshop with fully functional bathroom. This property to be sold as is - work is continuing inside and outside for improvements and upgrades. This is TRULY a unique property. Owner planned to have a bed and breakfast and nursery. However, possibilities are endless. Could also be an RV park with plenty of room to park more than 100 RVs - income opportunity! Very near the 40 freeway, less than 1/4 mile from Newberry Road. Association Amenities: None # of RV Spaces: 0 Special Features: BC,BN,CC,PTRY,SK,SH,WK,OB,NONE Frontage Type: Dirt Road Lot Location Type: Standard Location Landscaping: Drip Special Features: Two Homes on a Lot # of Attached Spaces: 4 # of Detached Spaces: 0 Construction Materials: Dome

Details

Property type

Single Family Residence

Est. home value

$481,340

Lot size

40.0 acres

Price per sq ft

$112

Year built

1981

Price History

07/18/2022
CRMLS

CRMLS #HD22156730

Listed
$999,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Lake

High school district: 

Other

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

$641,147
Asking price
$999,900
Closing costs (~8% of asking)
-$79,992
Est. remaining loan balance
-$278,761
Cash to seller
$641,147

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

September 2021

Original loan amount

$300,000

Est. remaining balance

$278,761

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Lois Marie Davison and The Elemar Family Living Trust

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?

Status: Active

Tomo last checked: 11/24/2024 at 7:50 PM

Listing updated: 10/19/2024 at 4:50 AM

Listed by: Keith Liverman, CENTURY 21 Desert Rock Phone #: (760) 244-8557

MLS: CRMLS #HD22156730

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