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1861 Calaveras Road, Pinon Hills, California 92372, Pinon Hills, - bed, bath

home-pic
ACTIVE$489,000
1861 Calaveras Road, Pinon Hills, California 92372
4Beds
3Baths
3,150Sqft
104,544Lot
Year Built
2006
Close
-
List price
$489K
Original List price
$449K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25498513
Home ConditionPoor
Features
Patio
View-

About this home

Back on market as a short sale. The bank/investor would like to net $460,000.00. **Investor Opportunity 4 Bedroom, 3 Bath Home in Need of Repair**This spacious 4 bedroom, 3 bath home offers an excellent opportunity for investors. The property has sustained significant damage from a broken pipe under the kitchen sink, impacting multiple areas of the house. Due to the extent of the damages, the seller is unable to make repairs and can no longer continue mortgage payments. This home is being sold as-is and requires a cash deal.**Important Notes:**- Short-sale property, subject to bank approval.- Significant repair work required, ideal for investors or buyers seeking a project.- No repairs will be made by the seller.Great potential to restore and renovate! Don't miss out on this opportunity to acquire a home with strong investment potential.

Price History

Date
Event
Price
08/02/25
$489,000
02/13/25
$449,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (26 Listings)
Beds43
70%
Baths32
67%
Square foot3,1502,038
93%
Lot Size104,54497,574
78%
Price$489K$490K
44%
Price per square foot$155$249
4%
Built year20062002
78%
HOA
Days on market264222
74%
Condition Rating
Poor
The property description explicitly states 'significant damage from a broken pipe under the kitchen sink, impacting multiple areas of the house.' Images confirm this with exposed studs, removed drywall, and a non-functional bathroom, indicating extensive water damage and the need for substantial repairs and rehabilitation. The home is not livable in its current state and requires a major overhaul of affected systems and finishes.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104544, living area = 3150.
Strong Investment Potential: Explicitly marketed as an investor opportunity with significant value-add potential through comprehensive renovation.
Generous Living Space: A spacious 4-bedroom, 3-bathroom layout spanning 3,150 sqft, offering ample room for a family or future rental income.
Expansive Lot Size: Sits on a substantial 104,544 sqft (approx. 2.4 acres) lot, providing privacy and potential for outdoor amenities or expansion.
Relatively Modern Construction: Built in 2006, the property benefits from a more recent construction era, potentially simplifying certain renovation aspects compared to older homes.
Potential for Below-Market Acquisition: As a short sale requiring extensive repairs, there's an inherent opportunity for an investor to acquire the property at a competitive price point relative to its post-renovation market value.

Cons

Pre-Foreclosure Sale: The property may be in pre-foreclosure process.
Extensive Damage & Repair Needs: The property has sustained significant damage from a broken pipe, impacting multiple areas and requiring substantial, costly repairs.
Short Sale Process & Bank Approval: The sale is contingent on bank approval, which can lead to a prolonged and uncertain closing timeline, adding complexity for the buyer.
Cash-Only & As-Is Sale: The requirement for a cash deal and the 'as-is' condition significantly narrow the potential buyer pool and place all financial responsibility for repairs directly on the buyer.

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