10601 Anderson Ranch Road, Phelan, California 92371, Phelan, 92371 - 2 bed, 2 bath
ACTIVE$405,000
10601 Anderson Ranch Road, Phelan, California 92371
2Beds
2Baths
1,421Sqft
217,800Lot
Price Vs. Estimate
The estimated value ($343,881.515) is $61,118.485 (15%) lower than the list price ($405,000). This property may be overpriced.
Key pros and cons
Top Pros:
Expansive Flat Lot: The property features a generous, flat 5-acre lot, offering significant space for privacy, outdoor activities, and potential future development.
Top Cons:
Age of Construction: Built in 1945, the home's age suggests potential for outdated systems (e.g., plumbing, electrical, HVAC) that may require future upgrades or maintenance, despite recent cosmetic updates.
Compared to the nearby listings
Price:$405.0K vs avg $485.0K ($-80,000)22%
Size:1,421 sqft vs avg 1,998 sqft16%
Price/sqft:$285 vs avg $25077%
More Insights
Built in 1945 (80 years old).
Condition: The property was built in 1945, making it 79 years old. While the listing mentions 'fairly new paint inside and out, laminated wood flooring tile and carpet,' these are primarily cosmetic updates. There is no indication of recent major renovations to the kitchen, bathrooms, or critical systems such as plumbing, electrical, or HVAC. Without interior images to verify the condition of these key areas, it is highly probable that the kitchen and bathrooms are significantly outdated and the major systems are at or past their expected lifespan, requiring substantial repairs and rehabilitation to meet current standards and comfort.
Year Built
1945
Close
-
List price
$405K
Original List price
$405K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
CV24204391
Home ConditionPoor
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)
About this home
Beautiful 2 bedroom, 2 bathroom frame home. Property sits on a generous flat 5 acre lot. This home has ferly new paint inside and out, laminated wood flooring tile and carpet. There is a second structure on the property but is used currently for storage only. Having 5 acres means means it could subdivided. into 2 separate parcels. ( Buyer to verify with the county for usage). Great opportunity for a first time buyer or an investor who likes having options.
Condition Rating
Poor
The property was built in 1945, making it 79 years old. While the listing mentions 'fairly new paint inside and out, laminated wood flooring tile and carpet,' these are primarily cosmetic updates. There is no indication of recent major renovations to the kitchen, bathrooms, or critical systems such as plumbing, electrical, or HVAC. Without interior images to verify the condition of these key areas, it is highly probable that the kitchen and bathrooms are significantly outdated and the major systems are at or past their expected lifespan, requiring substantial repairs and rehabilitation to meet current standards and comfort.
Pros & Cons
Pros
Expansive Flat Lot: The property features a generous, flat 5-acre lot, offering significant space for privacy, outdoor activities, and potential future development.
Subdivision Potential: The large 5-acre lot presents a strong opportunity for subdivision into two separate parcels, appealing to investors or those seeking to maximize land value (buyer to verify).
Recent Cosmetic Updates: The home benefits from fairly new paint inside and out, along with updated laminated wood flooring, tile, and carpet, providing a fresh and move-in ready aesthetic.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and providing a pleasant living environment.
Versatile Opportunity: Described as a 'Great opportunity for a first time buyer or an investor,' indicating broad market appeal and potential for various ownership goals.
Cons
Age of Construction: Built in 1945, the home's age suggests potential for outdated systems (e.g., plumbing, electrical, HVAC) that may require future upgrades or maintenance, despite recent cosmetic updates.
Limited Living Space: With 1421 square feet, the main residence is relatively small for a 5-acre lot, which might not meet the needs of buyers seeking a larger home or fully utilize the expansive land.
Subdivision Contingency: The potential for subdivision is explicitly stated as requiring 'Buyer to verify with the county for usage,' meaning it is not a guaranteed feature and necessitates additional due diligence and potential costs.