35869 Old Saddle Road, Ranchita, California 92066, Ranchita, - bed, bath

ACTIVE$199,000
35869 Old Saddle Road, Ranchita, California 92066
1Bed
1Bath
858Sqft
111,078Lot
Year Built
1972
Close
-
List price
$199K
Original List price
$269K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506468
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Ranchita Is located 70 Miles East of San Diego and 17 miles west of Borrego Springs. 2 properties owned by the same seller/administrator. Would like to close escrow on both with the same Buyer. Investor properties sold without warranty. Permits unknown for Buildings & Studio. Several cars, auto repair parts for autos in buildings and debris negotiable. Dirt road access is rutted but accessable by car. Drive by only or have your Realtor Inquire by text the listing agent for additional information. Water is supplied by well, shared with neighboring property 35860 Old Saddle Rd. Buyer be aware this is very rual and not to enter property without permission.
Price History
Date
Event
Price
10/28/25
Price Change
$199,000
08/25/25
Listing
$269,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 40% |
| Baths | 1 | 2 | 20% |
| Square foot | 858 | 1,068 | 40% |
| Lot Size | 111,078 | 801,068 | 20% |
| Price | $199K | $475K | 20% |
| Price per square foot | $232 | $358 | 40% |
| Built year | 1972 | 1980 | 20% |
| HOA | |||
| Days on market | 72 | 142 | 20% |
Condition Rating
Tear down
Built in 1972, this property is over 50 years old with no indication of major renovations. The exterior shows severe neglect, including an old roof and broken windows/blinds. The MLS description explicitly states 'Investor properties sold without warranty' and 'Permits unknown for Buildings & Studio,' strongly suggesting significant structural, safety, or code compliance issues that render the property unlivable or beyond reasonable repair. The value is likely in the large lot, making demolition the most practical option.
Pros & Cons
Pros
Significant Price Reduction: The property has seen a substantial price drop from $269,000 to $199,000, indicating a motivated seller and potential for a favorable acquisition price.
Expansive Lot Size: With a lot size of 111,078 sqft (approximately 2.55 acres), the property offers considerable space for privacy, potential expansion, or various rural pursuits.
Scenic Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and providing a tranquil natural setting.
Rural Seclusion & Privacy: Located in a very rural area 70 miles east of San Diego, it offers a secluded lifestyle, ideal for those seeking peace, quiet, and an escape from urban environments.
Potential for Package Deal: The seller's preference to close escrow on this property and an adjacent one with the same buyer presents a unique opportunity for an investor to acquire a larger land holding or expand their portfolio.
Cons
Permit Issues & 'As-Is' Sale: The unknown status of permits for buildings and a studio, coupled with the property being sold 'without warranty' and 'as-is,' poses significant legal, financial, and structural risks for the buyer.
Challenging Access & Remote Location: Access is via a rutted dirt road, and the property's very rural setting (70 miles east of San Diego) implies limited access to amenities, services, and potential difficulties for daily commuting.
Shared Well & Debris/Clean-up: Water is supplied by a well shared with a neighboring property, which can lead to potential disputes or maintenance issues. Additionally, the presence of 'several cars, auto repair parts, and debris' indicates substantial clean-up costs and effort required.