32111 State Highway 18, Lucerne Valley, California 92356, Lucerne Valley, 92356 - 3 bed, 2 bath
ACTIVE$417,000
32111 State Highway 18, Lucerne Valley, California 92356
3Beds
2Baths
1,700Sqft
100,932Lot
Year Built
1970
Close
-
List price
$417K
Original List price
$417K
Price/Sqft
$245
HOA
-
Days on market
-
Sold On
-
MLS number
IV25272598
Home ConditionFair
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)
About this home
Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,6 Pros. Rank: price - $417.0K(95th), sqft - 1700(73th), beds - 3(50th), baths - 2(50th).
Rare investment opportunity featuring four units on over 2 acres of usable land, offering excellent potential for future expansion. The seller is willing to offer financing assistance, making this an even more attractive opportunity. Ideal for a family seeking to enjoy a peaceful rural setting while generating strong rental income, this property combines lifestyle and long-term investment potential in one unique offering.
Price History
Date
Event
Price
12/08/25
Listing
$417,000
Condition Rating
Fair
The property, built in 1970, is over 50 years old. While the kitchen shows some recent cosmetic updates like butcher block countertops, wood-look tile flooring, and a modern stainless steel refrigerator, other elements such as the painted cabinets, older white range, and outdated light fixture indicate a partial refresh rather than a full renovation. There are no images of the bathrooms, which limits a complete assessment. Overall, the property appears aged but maintained with occasional updates, and major components likely show signs of being outdated due to its age, fitting the 'Fair' category.
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 = 100932, living area = 1700.
Multi-Unit Income Potential: The property features four units, explicitly marketed as an 'investment opportunity' with potential for 'strong rental income', making it attractive for investors.
Significant Land Size: Boasting over 2 acres (100,932 sqft) of usable land, the property offers ample space for privacy, various uses, and potential future development.
Future Expansion Opportunity: The large, usable land parcel provides 'excellent potential for future expansion', suggesting opportunities to increase property value or develop additional structures.
Seller Financing Available: The seller's willingness to offer financing assistance significantly broadens the potential buyer pool and can facilitate the acquisition process for interested parties.
Peaceful Rural Setting with Views: The property offers a 'peaceful rural setting' complemented by desirable 'Hills, Mountain(s)' views, appealing to buyers seeking tranquility and scenic surroundings.
Cons
Conflicting Property Details: The listing describes 'four units' and an 'investment opportunity' but is categorized as a 'Single Family Residence' with single-unit bed/bath/sqft details (3 beds, 2 baths, 1700 sqft), creating significant ambiguity regarding the property's actual configuration and use.
Property Age: Built in 1970, the property is over 50 years old, which may imply a need for substantial updates, repairs, or maintenance to meet modern standards or tenant expectations.
Data Inconsistencies: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), indicating potential data entry errors that could raise questions about the listing's accuracy and reliability.