37132 Coyote Lake Rd
Newberry Springs, CA, 92398
$849,000
MLS: HD25062231
Beds
15
Baths
10
Sq Ft
7,500
Lot
25.00 ac
Year Built
1990
MLS #
HD25062231
Days on Market
376
Listed
Mar 21, 2025
Description
FIVE CASH FLOWING HOMES (3 of 5 Newly Renovated) 5 Homes on 25 Acres (3 Parcels) *SELLER MAY CARRY (INQUIRE) 25 ACRES 3 PARCELS (Subdivide Ready) to 4 Lots Each (Commonly Approved In This Area *Add 19 Homes (Totaling 24 Homes) Paved Coyote Lake Rd Coyote Lake Water System Underground Power Access Archeological Report Done 36924 (Newly Renovated As of November 2025) -New Roof -New Kitchen -New Bathrooms -New Stove & Microwave -New AC (Evaporative System) -New Insulated Garage Door -New Floors Thruout -New Paint (Interior) 37088 Also Newly Renovated Addresses; 36912 & 36924 (APN# 0538-261-04-0000), 37030 & 37088 (APN# 0538-261-03-0000) & 37132 (APN# 0538-261-02-0000) Coyote Lake Road. Paved access and Paved Road. Inquire on 2 of 3 or 1 of 3 Parcels (3 of 5 Houses) These parcels of land totaling 25 plus acres are on prestigious Coyote Lake Rd in Newberry Springs, California. As the original developer of Crystal Lake holds these cash flowing assets with great potential to 24 total homes - this opportunity is unparalleled. Situated on paved Coyote Lake Rd and connected to the Coyote Lake Water System, these parcels are ready for immediate utility access, making development a seamless process. Splitting these parcels into 4 lots and each having two homes is what's already commonly done here and you wont have to deal with the added subdivision red tape. An archeological study has been completed, providing peace of mind for any future endeavors. The subdivision potential is immense, with the possibility to create 9 approximate 2.77-acre lots. Each of these lots has the potential for two homes, allowing for a total of 18 new homes to be placed or built. 23 income-producing properties IS generational financial windfall. Residents can enjoy their horses, ride their toys to The Mojave River Basin directly from their homes under majestic sky and mountain views or also enjoy hikes and camping at Calico Ghost Town Regional Park. Calico Ghost Town was Designated a California Historical Landmark in 1962. Only 90 Minutes from both Vegas or Laughlin. Whether you're an investor seeking a lucrative income stream or a developer with grand visions, this property offers endless possibilities. Embrace the chance to shape this pristine land into a thriving community or an exclusive estate. Don't miss out on this remarkable chance to own a piece of Newberry Springs history and create something truly extraordinary.
Location
Newberry Springs, San Bernardino County, CA 92398
Open on Google Maps ↗Listed by: Edgar Guzman · CENTURY 21 LEADERS REAL ESTATE
Payment estimate
$6,198
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,695
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Newberry Springs home with as little as 3.5% down using an FHA loan — roughly $29,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Only large teams outsell Mike Watson · Keller Williams Realty
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