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Property profile

0 Cuarto Lucerne Valley, CA 92356

OFF-MARKET
Land
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Property summary

AI-generated overview

This 10-acre parcel in Lucerne Valley, CA (APN 044907154), offers exceptional versatility. Currently zoned LV/RL-AG, it permits agricultural uses, animal keeping, and residential development, including ADUs, guest housing, and more. Previously used for hay/alfalfa production, the land boasts stunning mountain views. An adjacent 10-acre parcel is also available, along with a nearby 40-acre option, presenting a unique opportunity to acquire significantly more acreage with the right offer. Potential uses are extensive and include, but are not limited to, residential development (potentially low-income housing, subject to zoning amendments and buyer verification of LIHTC availability), agritourism, recreational uses, and various commercial applications. Located near Victorville, Hesperia, Apple Valley, Big Bear, and Lake Arrowhead, this property benefits from its proximity to major Southern California areas while offering affordability and open space. The Lucerne Valley area is experiencing significant growth, making this a compelling investment opportunity. The asking price is $50,880.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cuarto Lucerne Valley, CA 92356
Lucerne Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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