10722 Phelan Road, Oak Hills, California 92344, Oak Hills, 92344 - 3 bed, 2 bath
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Oak Hills, California 92344
This Value-Add Rural Asset is listed at $460,000, representing a strategic acquisition in the high-demand Oak Hills market. While the current price exceeds the $322,045 Fair Market Value, the property’s Condition Rating of 5 and "as-is" status signal a significant opportunity for forced appreciation. With local comparable sales reaching up to $565,000, a renovation plan targeting the reported 2,100 square feet offers clear ROI potential. Spanning a 2.2-acre lot with Natural Gas and panoramic hill views in the Snowline Joint Unified district, this project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10722 Phelan Road Subject | $460,000* List Price | 3 | 2 | 1,725 | $187 | - |
A 10191 Bellflower Street Sold | $515,000 | 3 | 2 | 1,816 | $284 | 1.0 mi |
B 10375 Lilac Active | $469,900 List Price | 3 | 2 | 1,392 | $338 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980, this property is 44 years old with no indication of recent major renovations. The listing explicitly states 'Sold as is condition' and 'lots of improvement spot to increase the value very high,' which strongly suggests the need for substantial repairs and rehabilitation. Without interior photos, especially of the kitchen and bathrooms, it's highly probable these areas are original or very dated, requiring significant updates to meet current standards. The overall condition points to a property that needs considerable investment to be brought up to modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 95832, living area = 1725.
Situated on a mild hill, the property offers tremendous views of the surrounding landscape, enhancing its aesthetic appeal.
A generous 2.2-acre lot provides ample space for outdoor activities, potential expansion, and features a vegetable garden.
The property is sold 'as-is' and explicitly states 'lots of improvement spot to increase the value,' indicating potential immediate investment for repairs or upgrades.
There is a notable inconsistency between the listed square footage (1,725 sqft) and the description's claim of 'more than 2,100 square feet,' requiring buyer verification.
The property details list 2 bathrooms, while the description states '3 bed/3 bath actually,' creating a discrepancy that needs clarification for potential buyers.
[1] one-story single-family home on a decent mild hill with tremendous view. [2]. in a very easy access being on Pheland Rd (paved), still it's incredibly quiet. [3] Natural Gas!! decent lot size of 2.2 acres with vegetable garden. [4] Sold as is condition. [5]. 3 bed/3 bath actually. [6]. more than 2,100 square feet. [7]. there are lots of improvement spot to increase the value very high.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,725 | 2,351 | 13% |
| Lot Size | 95,832 | 46,609 | 70% |
| Price | $460.0K | $540.0K | 16% |
| Price per sq ft | $267 | $250 | 66% |
| Built year | 1980 | 2005 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 1250 | 195 | 0% |
Apr 7, 2026
$460,000
$500,000
-8% Price Drop
Initial Listing
Dec 31, 2025
$500,000
Initial Listing
Nov 19, 2022
$420,000
Initial Listing