Score
0Idyllwild, CA
53071 Middle Ridge Dr
650K
2 beds
2 baths
2,190 sqft
2 bd • 2 ba • 2,190 sf
This analysis was generated on 1/16/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$650,000
Price/Sq.Ft
$297
Year Built
1997
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This 2,190 sqft mountain retreat in Idyllwild offers exceptional value at $296.80/sqft, which is significantly below the area average of approximately $400/sqft for similar properties. The spacious open floor plan with large picture windows maximizes natural light and provides stunning treetop views. The property boasts multiple decks, offering ample outdoor living space and enhancing the connection to nature. With two wood-burning stoves (one with a stone hearth), the home is well-equipped for Idyllwild's cooler climate, potentially reducing heating costs. The fully equipped kitchen with a garden window adds functionality and charm. The master suite with a private deck and walk-in closet provides a luxurious retreat. The separate guest area with a full bath increases versatility for hosting or potential rental income. The property's multiple storage options, including a storage shed and large under-house storage room, add significant value. The fully fenced backyard with a separate dog run is a rare find in mountain properties, appealing to pet owners. The home's location in Idyllwild, known for its artistic community and outdoor recreation, adds to its appeal and potential for appreciation.
The Bad
The property has been on the market for 13 days and has undergone several price reductions since August 2023, dropping from $799,000 to the current $650,000. This could indicate some challenges in selling or potential overpricing in the past. The home was built in 1997, making it 28 years old, which may mean some systems and appliances are nearing the end of their lifespan. The property has only 2 bedrooms, which might limit its appeal to larger families or those needing more separate sleeping areas. The estimated insurance cost of $2,340/year is relatively high, likely due to the severe fire risk in the area. The multi-purpose room is described as waiting for "finishing touches," suggesting it may require additional investment to fully utilize. The tile counters in the kitchen may be considered outdated by some buyers, potentially necessitating an update.
The Ugly
The most significant concern for this property is the SEVERE fire risk score of 8/10, which not only poses a safety risk but also results in critical insurance needs and potentially high premiums. This risk could also impact the property's long-term value and resale potential. The property has a complex sales history with multiple listings and price reductions, which could raise questions about its market value and potential issues not apparent in the listing. The reliance on propane and wood for heating and cooking may lead to higher and more volatile energy costs compared to properties with natural gas or all-electric systems. The property's location in a mountain area with potential accessibility issues during winter months could limit its year-round usability for some buyers. The air quality risk score of 6/10 (MAJOR) with 9 bad air days per year could be a health concern for sensitive individuals. The unfinished multi-purpose room represents an immediate additional cost for buyers who want to fully utilize the space.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for buyers with a household income of at least $150,000, based on the purchase price and estimated costs. It's ideal for nature enthusiasts and those seeking a peaceful mountain retreat, particularly couples or small families who appreciate outdoor living and don't require more than two bedrooms. The home would appeal to those who enjoy a rustic, cabin-like aesthetic with modern amenities. It's well-suited for remote workers or retirees looking for a full-time residence in a scenic, quiet location. The property could also attract vacation home buyers or investors interested in the short-term rental market, given Idyllwild's popularity as a tourist destination. Pet owners will appreciate the fenced yard and dog run. The multiple decks and open floor plan make it perfect for entertainers who love hosting gatherings in a picturesque setting.
Not For
This property is not suitable for large families requiring more than two bedrooms or those needing extensive living space beyond the 2,190 sqft. Buyers with limited mobility may find the multi-level design challenging. Those seeking a modern, turnkey home without any renovation needs should look elsewhere, given the unfinished multi-purpose room and potential updates needed. The property isn't ideal for individuals with respiratory issues, given the major air quality risk. Buyers uncomfortable with the high fire risk or unwilling to pay elevated insurance premiums should consider other options. Those requiring easy year-round access or proximity to urban amenities will find the location challenging. The property may not suit buyers looking for high energy efficiency, as the reliance on propane and wood heating could lead to higher energy costs.
Demographics
Area Median Income
$72,738
Property History
Price History
Ownership Timeline
$0Cash Purchase
Jun 4, 2009Sho C Lee, Dolly ChuSho Lee, Dolly Chu
Intrafamily Transfer
Non-Arm's Length Transactions
$0Financed
Jan 22, 2008Sho Lee, Dolly ChuSho C Lee, Dolly Chu
Intrafamily Transfer
Non-Arm's Length Transactions
$518,000Cash Purchase
Mar 2, 2006Charles W Buffington, Barbara E BuffingtonSho Lee, Dolly Chu
Grant Deed
Standard Sale (Purchase/Resales)
Property Taxes
$8,107
2024 Tax Assessment
4.0%from previous year
Assessed Value$693,984
Tax Rate1.17%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
High
6.0/10
GoodFinancials
Monthly Costs
Market Rent (2 bed)
Get a detailed estimate on Zillow$1,751
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$650,000
Price/sqft
$297
Layout
2 bd•2 ba
Days on market
12 daysat time of analysis
Stats in the Area
Based on 3 comparable properties nearby
Average Price
$143,333
353.5%
Your price is 353.5% above average
Median Price
$150,000
333.3%
Based on 3 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 0 Doubleview, Idyllwild, CA 92549 | $150,000 | N/A | N/A | N/A | N/A | 11/16/2024 |
| 0 Double View Drive, Idyllwild, CA 92549 | $220,000 | N/A | N/A | N/A | N/A | 10/18/2024 |
| 0 Country Club Drive, Idyllwild, CA 92549 | $60,000 | N/A | N/A | N/A | N/A | 10/14/2024 |
0 Doubleview, Idyllwild, CA 92549
Price: $150,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 11/16/2024
0 Double View Drive, Idyllwild, CA 92549
Price: $220,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 10/18/2024
0 Country Club Drive, Idyllwild, CA 92549
Price: $60,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 10/14/2024
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