11053 Acanthus Street, Phelan, California 92371, Phelan, 92371 - 4 bed, 2 bath
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11053 Acanthus Street
Phelan, California 92371
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,873Sq Ft
202,118Lot Size
Property Price
LIST PRICE$545,000
EST. MARKET VALUE
$561,403
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $545,000—positioned well below the $561,404 Fair Market Value by 2%. This valuation gap offers $16,404 in Instant Equity. Featuring a Poor Condition Rating due to its age and unpermitted structures, the nearly 5-acre parcel offers significant Value-Add Potential through renovation and site development. This asset is ideal for Buy-and-Hold Investors or Contractors capable of navigating the rehabilitation of this unique, multi-unit rural compound.
Estimated Market Value
$561,403
Based on Realkey algorithm analyzing recent comparable sales in Phelan.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11053 Acanthus Street Subject 4 bd · 2 ba · 1,873 sqft · $300 | $545,000* List Price | 4 | 2 | 1,873 | $300 | - |
A 6271 Smoke Tree Sold 3 bd · 2 ba · 1,493 sqft · $367 · 0.7 mi | $548,000 | 3 | 2 | 1,493 | $367 | 0.7 mi |
B 10601 Anderson Ranch Rd Active 2 bd · 2 ba · 1,421 sqft · $341 · 0.6 mi | $485,000 List Price | 2 | 2 | 1,421 | $341 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1990, the property is 36 years old, placing it in the 'Poor' category (>30y) based on age criteria. The listing description explicitly states the home is 'older,' an 'investor's delight,' and includes two unpermitted mobile homes in need of repair, suggesting the need for significant rehabilitation rather than just minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 202118, living area = 1873.
- Expansive Acreage & Equestrian Use
The nearly 5-acre parcel provides significant space and privacy, complete with dedicated stalls for horses or livestock, making it ideal for rural or agricultural living.
- Multi-Unit Potential
The inclusion of two additional mobile homes on-site offers a unique opportunity to create a multi-generational family compound or generate future rental income.
CONSRISKS & DEFICIENCIES
- Unpermitted Structures
The two mobile homes currently lack permits, which may complicate traditional financing options and require significant effort to bring into legal compliance.
- Deferred Maintenance
The property and additional structures are in need of repair and modernization, suggesting that the buyer will need to budget for immediate renovation and upgrade costs.
About 11053 Acanthus Street
Welcome to this very large almost 5 acre parcel. It has a nice single level 4 bedroom and 2 bath. The immediate back yard has an entire enclosed short chain link fence for the small lovables to run around without getting lost in all the property. The property has a stall area for horses or goats or even chickens!!! The home features its own separate laundry area inside and not in the garage. The kitchen opens up to a large open space for dining and family living! Attached directly is a 2 car garage for easy access. The property is older and ready for the right family. As an added bonus to this unique property are 2 mobile homes. The mobile homes are in need of some repair but can be an excellent source for family or future rental income with the right permits (no permits avialable at this time). One mobile home has running water and basic electrical. In its entirety, this can become an excellent family compound for the right family. Or an investors delight. Come and let your imagination run wild!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 202,118 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,873 | 1,899 |
| Lot Size | 202,118 | 96,617.522 |
| Price | $545.0K | $474.3K |
| Price per sq ft | $291 | $253 |
| Built year | 1990 | 1996 |
| HOA | $0 | $0 |
| Days on market | 25 | 88 |
Pricing History
Listed for Sale
Sep 29, 2026
$545,000
Initial Listing
Sold
Sep 9, 2010
$140,000
Public Record
Sold
May 17, 2002
$160,500
Public Record