0 Joshua Rd Lucerne Valley, CA 92356
This exceptional 40-acre parcel of vacant land presents a unique opportunity in Lucerne Valley, California. Located on Joshua Road, this property boasts breathtaking views of the surrounding desert landscape and majestic mountains. The land is zoned RL (Rural Living), permitting one dwelling unit per 2.5 acres, offering the potential to subdivide into approximately 16 individual lots. This allows for the development of multiple homes, making it an attractive investment prospect. Conveniently situated south of Highway 18, it provides easy access to Apple Valley and Victorville for shopping and amenities, while still maintaining the peace and quiet of the desert. Nearby attractions include Big Bear Mountain Resort, offering year-round recreational activities. The property's APN is 0435-321-01. The asking price is $120,000, and seller financing is available. Drive by and see the beautiful custom homes already built in the area. Experience the serene desert and enjoy the crisp, clear air of Lucerne Valley. This is a rare chance to own a significant piece of land in this desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.