10601 Anderson Ranch Rd, Phelan, California 92371, Phelan, 92371 - 2 bed, 2 bath
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Phelan, California 92371
This Value-Add Rural Asset is listed at $485,000, which is positioned above the $327,419 Fair Market Value. The expansive 5-Acre Flat Lot and its significant Subdivision Potential into two separate parcels drive the current valuation. Featuring a 14kW Solar System and desirable Mountain Views, the 1945 residence carries a Condition Rating of 5, requiring a comprehensive interior rehabilitation to meet modern standards. Located within the Snowline Joint Unified district, this land-heavy acquisition represents a strategic project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10601 Anderson Ranch Rd Subject | $485,000* List Price | 2 | 2 | 1,421 | $230 | - |
A 10675 Paramount Rd Sold | $475,000 | 3 | 2 | 1,927 | $246 | 0.9 mi |
B 6425 Smoke Tree Road Active | $389,000 List Price | 2 | 2 | 923 | $421 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945, this property features a very dated kitchen with older white appliances, laminate countertops, and fluorescent lighting, along with similarly outdated bathrooms. While some flooring appears updated and a solar system is present, the core aesthetic and functional components of the kitchen and bathrooms require substantial rehabilitation to meet modern standards. The overall condition, despite being livable, necessitates significant investment beyond minor updates.
The property boasts a generous 5-acre flat lot, offering significant space, privacy, and versatility for various uses such as horses, vehicles, crops, or ATVs.
The large 5-acre lot presents the potential for subdivision into two separate parcels, offering a valuable investment or development opportunity (subject to county due diligence).
Equipped with a 14-kilowatt horse solar system, the property benefits from enhanced energy efficiency and potential long-term cost savings on utilities.
With only 1,421 sq ft and 2 bedrooms, the living space is relatively modest, which may not suit larger families or those requiring additional rooms.
Built in 1945, the home is older, which could imply the need for significant updates or potential deferred maintenance to meet modern standards and preferences.
The current listing price of $485,000 is approximately 6% higher than the estimated property value of $453,726, suggesting it may be priced above market expectations.
This is your CHANCE to own this amazing home sitting on a generous 5 Acre flat lot in Phelan. Property features 2 bedrooms, 2 bathrooms, and approximately 1,421 sq ft of living space. It has laminated wood flooring, title and carpet. 14 kilowatt horse solar system, a very large porch for parking. Enjoy the peaceful 5 acre lot, ideal for relaxing or entertaining under the stars. Zoned for rural living, the expansive lot offers endless potential—bring your horses, space for your truck, toys, crops, ATVs, or simply enjoy wide open space, privacy, or future expansion. Located minutes from Hwy 138 and within the Snowline School District. Don’t miss the opportunity to own this one-of-a-kind rustic retreat! Having 5 acres means it could be subdivided into 2 separate parcels. Buyer to conduct their own due diligence with the county in regard to land use, etc. Great opportunity for a first time buyer or an investor who likes having options. Schedule your showing today and imagine the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,421 | 2,003.5 | 20% |
| Lot Size | 217,800 | 95,832 | 95% |
| Price | $485.0K | $490.0K | 49% |
| Price per sq ft | $341 | $246 | 88% |
| Built year | 1945 | 2002 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 190 | 43% |
Oct 28, 2025
$485,000
Initial Listing