Real Estate Investment Properties for Sale in Lucerne Valley, CA

Looking for investment property in Lucerne Valley, CA with high ROI ?

Explore a variety of short-term homes & houses in Lucerne Valley, CA. Invest wisely with VRBO & Lucerne Valley, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lucerne Valley, CA

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10656 Allen Way Lucerne Valley, CA Sitting on 2.06 acres in Lucerne Valley this home has been lovingly remodeled by the owner...	2 beds \| 1 baths \| 1,052 sq.ft.	$375,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 6.54% Airbnb Rental Income: $2632 Traditional Rental Income: $2813 Airbnb ROI: 4.24% Traditional ROI: 6.54%
8975 Pumalo Road Lucerne Valley, CA Amidst the serene landscapes of Apple Valley, is a property, brimming with potential, beck...	4 beds \| 2 baths \| 3,197 sq.ft.	$400,000	Airbnb cash on cash: 8.39% Traditional cash on cash: 6.88% Airbnb Rental Income: $4874 Traditional Rental Income: $3305 Airbnb ROI: 8.39% Traditional ROI: 6.88%
31212 Rabbit Springs Road Lucerne Valley, CA 6.97 ACRES with panoramic view!! of flat land! 3Bed 2bath. There's a huge bonus room that...	3 beds \| 2 baths \| 2,142 sq.ft.	$520,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 5.98% Airbnb Rental Income: $3797 Traditional Rental Income: $3631 Airbnb ROI: 4.63% Traditional ROI: 5.98%
38450 State Highway 18 Lucerne Valley, CA Beautifully rehabilitated homestead ready for new owners. This serene, private 6.74 acre p...	2 beds \| 1 baths \| 1,306 sq.ft.	$389,900	Airbnb cash on cash: 4% Traditional cash on cash: 5.08% Airbnb Rental Income: $2632 Traditional Rental Income: $2399 Airbnb ROI: 4% Traditional ROI: 5.08%
36425 Arroyo Road Lucerne Valley, CA LOOK NO MORE ... VIEWS! VIEWS! VIEWS ALL AROUND!... This LUCERNE VALLEY Home ready for you...	3 beds \| 2 baths \| 1,400 sq.ft.	$319,000	Airbnb cash on cash: 8.3% Traditional cash on cash: 8.59% Airbnb Rental Income: $3797 Traditional Rental Income: $3061 Airbnb ROI: 8.3% Traditional ROI: 8.59%
34774 Old Woman Springs Road Lucerne Valley, CA * MULTIPLE HOMES ON THE LOT** Perfect opportunity to build to suit or add a mobile hom...	6 beds \| N/A baths \| 2,156 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $3153 Airbnb ROI: N/A Traditional ROI: 8.13%
36368 Cochise Trail Lucerne Valley, CA Very nice and comfortable remodeled home that sits on an awesome 5+ acres of flat usable l...	2 beds \| 1 baths \| 1,248 sq.ft.	$289,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 7.35% Airbnb Rental Income: $2632 Traditional Rental Income: $2579 Airbnb ROI: 5.24% Traditional ROI: 7.35%
30573 Clark Road Lucerne Valley, CA FABULOUS CUSTOM POOL HOME! Gorgeous view of mountains and desert! High ceilings and larg...	3 beds \| 2 baths \| 2,084 sq.ft.	$499,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 6.5% Airbnb Rental Income: $3797 Traditional Rental Income: $3944 Airbnb ROI: 4.42% Traditional ROI: 6.5%
35625 Ute Trail Lucerne Valley, CA COMPLETELY REMODELED HOME WITH 2 SPACIOUS BEDROOMS AND 2 FULL BATHROOMS. NEW MODERN TITLE ...	2 beds \| 2 baths \| 1,100 sq.ft.	$359,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 6.25% Airbnb Rental Income: $2632 Traditional Rental Income: $2605 Airbnb ROI: 4.46% Traditional ROI: 6.25%
45757 Paddington Road Lucerne Valley, CA Beautiful Single Story Home in the Highly Desired area of Lucerne Valley. Close To OHV Are...	2 beds \| 1 baths \| 1,080 sq.ft.	$260,000	Airbnb cash on cash: 6.51% Traditional cash on cash: 6.78% Airbnb Rental Income: $2632 Traditional Rental Income: $2072 Airbnb ROI: 6.51% Traditional ROI: 6.78%
36510 Colby Street Lucerne Valley, CA Charming 3 bedroom 2 bath home for sale in Lucerne Valley. This 1274 sq. ft. home is perfe...	3 beds \| 2 baths \| 1,274 sq.ft.	$310,000	Airbnb cash on cash: 8.77% Traditional cash on cash: 7.76% Airbnb Rental Income: $3797 Traditional Rental Income: $2679 Airbnb ROI: 8.77% Traditional ROI: 7.76%
36281 Fleetwood Street Lucerne Valley, CA 2 distinct parcels are being offered together, totaling 5 acres. Each parcel has its own h...	3 beds \| 2 baths \| 1,429 sq.ft.	$389,900	Airbnb cash on cash: 6.78% Traditional cash on cash: 7.35% Airbnb Rental Income: $3797 Traditional Rental Income: $3181 Airbnb ROI: 6.78% Traditional ROI: 7.35%
31784 Carson Street Lucerne Valley, CA Welcome to this large 2.37 Acre horse property, with spectacular views all around. Nestle ...	3 beds \| 2 baths \| 1,389 sq.ft.	$349,900	Airbnb cash on cash: 7.51% Traditional cash on cash: 7.88% Airbnb Rental Income: $3797 Traditional Rental Income: $3096 Airbnb ROI: 7.51% Traditional ROI: 7.88%
12850 Sussex Avenue Lucerne Valley, CA Enjoy the flexibility of seller financing. This is an incredible opportunity to own a bran...	3 beds \| 3 baths \| 2,431 sq.ft.	$499,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 6.04% Airbnb Rental Income: $3797 Traditional Rental Income: $3738 Airbnb ROI: 4.41% Traditional ROI: 6.04%
8873 Buena Vista Road Lucerne Valley, CA Beautiful updated home with wonderful views of the valley. Upgraded dual paned windows. Fl...	3 beds \| 1 baths \| 1,071 sq.ft.	$329,900	Airbnb cash on cash: 7.54% Traditional cash on cash: 7.53% Airbnb Rental Income: $3797 Traditional Rental Income: $2971 Airbnb ROI: 7.54% Traditional ROI: 7.53%
10849 Barstow Road Lucerne Valley, CA Beautiful pistachio farm is 4.9 acres, electricity, 2 wells, a green house of about 3,000 ...	4 beds \| 3 baths \| 2,500 sq.ft.	$480,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 7.5% Airbnb Rental Income: $4874 Traditional Rental Income: $4249 Airbnb ROI: 6.66% Traditional ROI: 7.5%
38147 Rabbit Springs Road Lucerne Valley, CA A Desert GEM! This BEAUTIFUL desert style home has everything and more! 3 bedrooms with 2 ...	3 beds \| 2 baths \| 1,563 sq.ft.	$479,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 4.8% Airbnb Rental Income: $3797 Traditional Rental Income: $3031 Airbnb ROI: 4.68% Traditional ROI: 4.8%
9125 mesa Road Lucerne Valley, CA The story behind the land matches the grand opportunity for ROI. Right Around 10 Acres thi...	3 beds \| 2 baths \| 1,326 sq.ft.	$740,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 3.08% Airbnb Rental Income: $3797 Traditional Rental Income: $3041 Airbnb ROI: 2.98% Traditional ROI: 3.08%
8787 Shantung Road Lucerne Valley, CA BEAUTIFULLY REMODELED HOME WHERE EVERYTHING IS BRAND-NEW. 4 BEDROOMS, 2 BATHS, 2064 SF OF ...	4 beds \| 2 baths \| 2,064 sq.ft.	$450,000	Airbnb cash on cash: 7.47% Traditional cash on cash: 3.06% Airbnb Rental Income: $4874 Traditional Rental Income: $2015 Airbnb ROI: 7.47% Traditional ROI: 3.06%
10394 Baker Road Lucerne Valley, CA Some of the most sought-after features in Lucerne Valley. This 3 bedroom, 1.5 bath home is...	3 beds \| 1 baths \| 1,370 sq.ft.	$318,000	Airbnb cash on cash: 8.08% Traditional cash on cash: 4.6% Airbnb Rental Income: $3797 Traditional Rental Income: $1936 Airbnb ROI: 8.08% Traditional ROI: 4.6%
12800 Locust Avenue Lucerne Valley, CA Water Right, Water Rights, Please see Memorandum in supplement, 647 Acre feet water Right...	2 beds \| 1 baths \| 880 sq.ft.	$599,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 1.58% Airbnb Rental Income: $2632 Traditional Rental Income: $2265 Airbnb ROI: 1.11% Traditional ROI: 1.58%
36166 Wilshire Road Lucerne Valley, CA Total 37 acres and all 2 parcels to be sold together. Please include all 2 apns # 0452-13...	2 beds \| 2 baths \| 1,914 sq.ft.	$510,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.96% Airbnb Rental Income: $2632 Traditional Rental Income: $3295 Airbnb ROI: 2.25% Traditional ROI: 4.96%
8130 Camp Rock Road Lucerne Valley, CA Large Double Wide 3 bedroom, 2 bath home on permanent foundation with easy paved road acce...	3 beds \| 2 baths \| 1,782 sq.ft.	$319,000	Airbnb cash on cash: 8.03% Traditional cash on cash: 10.22% Airbnb Rental Income: $3797 Traditional Rental Income: $3633 Airbnb ROI: 8.03% Traditional ROI: 10.22%
9243 Palomar Trail Lucerne Valley, CA Welcome to Palomar Trail in Lucerne Valley! BRAND NEW HOME! SOLAR PANELS!, NEW SEPTIC, MAN...	3 beds \| 2 baths \| 1,700 sq.ft.	$339,000	Airbnb cash on cash: 7.98% Traditional cash on cash: 8.98% Airbnb Rental Income: $3797 Traditional Rental Income: $3293 Airbnb ROI: 7.98% Traditional ROI: 8.98%
10925 Post Office Road #A/B Lucerne Valley, CA Discover a unique opportunity with this expansive 10-acre property in Lucerne Valley, CA. ...	3 beds \| 2 baths \| 2,587 sq.ft.	$449,000	Airbnb cash on cash: 5.37% Traditional cash on cash: 7.22% Airbnb Rental Income: $3797 Traditional Rental Income: $3752 Airbnb ROI: 5.37% Traditional ROI: 7.22%
31163 Villa Nova Road Lucerne Valley, CA 20 ACRES OF EQUESTRIAN PROPERTY! This Ranch Style home was established in 2015 and has 4 ...	4 beds \| 2 baths \| 3,136 sq.ft.	$400,000	Airbnb cash on cash: 8.07% Traditional cash on cash: 8.19% Airbnb Rental Income: $4874 Traditional Rental Income: $3919 Airbnb ROI: 8.07% Traditional ROI: 8.19%
32226 Sapphire Road Lucerne Valley, CA New Construction, Buyer must qualify for solar. Three bedroom two bathrooms on a paved roa...	3 beds \| 2 baths \| 1,270 sq.ft.	$329,900	Airbnb cash on cash: 8.17% Traditional cash on cash: 8.1% Airbnb Rental Income: $3797 Traditional Rental Income: $2952 Airbnb ROI: 8.17% Traditional ROI: 8.1%
9405 Mesa Road Lucerne Valley, CA Discover this beautiful 2-bedroom, 2-bath home nestled in a highly sought-after area of Lu...	2 beds \| 2 baths \| 1,008 sq.ft.	$242,000	Airbnb cash on cash: 6.38% Traditional cash on cash: 9.32% Airbnb Rental Income: $2632 Traditional Rental Income: $2678 Airbnb ROI: 6.38% Traditional ROI: 9.32%
31515 Carnelian Road Lucerne Valley, CA Discover your dream home nestled on 5 acres of pristine land, offering spectacular views a...	3 beds \| 2 baths \| 1,728 sq.ft.	$320,000	Airbnb cash on cash: 7.73% Traditional cash on cash: 9.49% Airbnb Rental Income: $3797 Traditional Rental Income: $3506 Airbnb ROI: 7.73% Traditional ROI: 9.49%
9425 Banta Road Lucerne Valley, CA This well kept single story home offers ample amount of living space for the entire family...	4 beds \| 2 baths \| 1,794 sq.ft.	$499,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 5.29% Airbnb Rental Income: $4874 Traditional Rental Income: $3384 Airbnb ROI: 6.34% Traditional ROI: 5.29%
35741 Old Woman Springs Road Lucerne Valley, CA *NEW CONSTRUCTIONHIGHWAY 247** Brand new beautiful modern 3 bedroom, 2 bathroom hous...	3 beds \| 2 baths \| 1,270 sq.ft.	$349,900	Airbnb cash on cash: 7.62% Traditional cash on cash: 8.02% Airbnb Rental Income: $3797 Traditional Rental Income: $3107 Airbnb ROI: 7.62% Traditional ROI: 8.02%
35754 Sage Street Lucerne Valley, CA *NEW CONSTRUCTIONPAVED RD **Brand new beautiful modern 3 bedroom, 2 bathroom house o...	3 beds \| 2 baths \| 1,270 sq.ft.	$349,900	Airbnb cash on cash: 7.61% Traditional cash on cash: 8.01% Airbnb Rental Income: $3797 Traditional Rental Income: $3107 Airbnb ROI: 7.61% Traditional ROI: 8.01%
35793 Sage Street Lucerne Valley, CA *NEW CONSTRUCTIONPAVED RD**Brand new beautiful modern 3 bedroom, 2 bathroom house on...	3 beds \| 2 baths \| 1,270 sq.ft.	$349,900	Airbnb cash on cash: 7.64% Traditional cash on cash: 8.04% Airbnb Rental Income: $3797 Traditional Rental Income: $3107 Airbnb ROI: 7.64% Traditional ROI: 8.04%
9869 Midway Avenue Lucerne Valley, CA This wonderful home awaits its new owners! At 1664 sf this 3 bedroom 2 bathroom single-lev...	3 beds \| 2 baths \| 1,664 sq.ft.	$295,000	Airbnb cash on cash: 9.02% Traditional cash on cash: 9.84% Airbnb Rental Income: $3797 Traditional Rental Income: $3202 Airbnb ROI: 9.02% Traditional ROI: 9.84%
32833 Azurite Road Lucerne Valley, CA One of a kind turnkey home with a unobstructed spectacular view of Lucerne Valley. This th...	3 beds \| 2 baths \| 1,735 sq.ft.	$320,000	Airbnb cash on cash: 7.82% Traditional cash on cash: 9.56% Airbnb Rental Income: $3797 Traditional Rental Income: $3499 Airbnb ROI: 7.82% Traditional ROI: 9.56%
32649 Carnelian Road Lucerne Valley, CA	3 beds \| 1 baths \| 1,038 sq.ft.	$265,000	Airbnb cash on cash: 9.52% Traditional cash on cash: 8.13% Airbnb Rental Income: $3797 Traditional Rental Income: $2630 Airbnb ROI: 9.52% Traditional ROI: 8.13%
9189 Palomar Trail Lucerne Valley, CA This one must be seen to be believed! One owner, fully fenced and turn-key home, with hand...	2 beds \| 2 baths \| 1,492 sq.ft.	$367,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 7% Airbnb Rental Income: $2632 Traditional Rental Income: $3055 Airbnb ROI: 3.95% Traditional ROI: 7%
32222 Richard Street Lucerne Valley, CA This 1-bedroom, 1-bathroom home is a desert gem, with stunning panoramic views of the vall...	1 beds \| 1 baths \| 1,032 sq.ft.	$258,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 7.56% Airbnb Rental Income: $1910 Traditional Rental Income: $2259 Airbnb ROI: 4.05% Traditional ROI: 7.56%

Real Estate investment in Lucerne-valley, CA

There are 38 properties for sale in the city of Lucerne Valley . The median list price in Lucerne Valley is $330,000 and the average price per square foot is $217. In December 2024, the average monthly cash on cash return in Lucerne Valley is 8.00%. The average monthly rental income in Lucerne Valley is $3,061.

Lucerne-valley, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 38 investment properties available for sale in Lucerne-valley.

The ROI for Short-Term is higher than the Long-Term in Lucerne-valley with average rental income of $3,797.

Your search for investment property begins and ends here

Investment Property for Sale in Lucerne Valley, CA

10656 Allen Way

Lucerne Valley, CA

2 beds | 1 baths | 1,052 sq.ft.

$375,000

Airbnb cash on cash: 4.24%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $2632

Traditional Rental Income: $2813

Airbnb ROI: 4.24%

Traditional ROI: 6.54%

8975 Pumalo Road

Lucerne Valley, CA

4 beds | 2 baths | 3,197 sq.ft.

$400,000

Airbnb cash on cash: 8.39%

Traditional cash on cash: 6.88%

Airbnb Rental Income: $4874

Traditional Rental Income: $3305

Airbnb ROI: 8.39%

Traditional ROI: 6.88%

31212 Rabbit Springs Road

Lucerne Valley, CA

3 beds | 2 baths | 2,142 sq.ft.

$520,000

Airbnb cash on cash: 4.63%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $3797

Traditional Rental Income: $3631

Airbnb ROI: 4.63%

Traditional ROI: 5.98%

38450 State Highway 18

Lucerne Valley, CA

2 beds | 1 baths | 1,306 sq.ft.

$389,900

Airbnb cash on cash: 4%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $2632

Traditional Rental Income: $2399

Airbnb ROI: 4%

Traditional ROI: 5.08%

36425 Arroyo Road

Lucerne Valley, CA

3 beds | 2 baths | 1,400 sq.ft.

$319,000

Airbnb cash on cash: 8.3%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $3797

Traditional Rental Income: $3061

Airbnb ROI: 8.3%

Traditional ROI: 8.59%

34774 Old Woman Springs Road

Lucerne Valley, CA

6 beds | N/A baths | 2,156 sq.ft.

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3153

Airbnb ROI: N/A

Traditional ROI: 8.13%

36368 Cochise Trail

Lucerne Valley, CA

2 beds | 1 baths | 1,248 sq.ft.

$289,900

Airbnb cash on cash: 5.24%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $2632

Traditional Rental Income: $2579

Airbnb ROI: 5.24%

Traditional ROI: 7.35%

30573 Clark Road

Lucerne Valley, CA

3 beds | 2 baths | 2,084 sq.ft.

$499,000

Airbnb cash on cash: 4.42%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $3797

Traditional Rental Income: $3944

Airbnb ROI: 4.42%