
Ontario, California 91762
Analysis of 1240 W Philadelphia, Ontario, California 91762 is currently available with a list price of $1,099,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ontario Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone extensive recent renovations that meet the highest quality standards. The interior features a fully reimagined kitchen with modern shaker cabinetry and stainless steel appliances, beautifully updated bathrooms with contemporary tile work and glass enclosures, and refinished solid oak flooring. Crucially, all major systems have been recently replaced or upgraded, including a new roof, HVAC, PEX plumbing, a 200-amp electrical panel, and a 5.6 kW owned solar system, leaving no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42900, living area = 1770.
The nearly one-acre (42,900 sq ft) lot is a rare find in the area, offering immense privacy and significant potential for ADU development or multi-generational living.
The property features a 1,500 sq ft insulated shop, a detached gym, and a 5.6 kW owned solar system, making it ideal for hobbyists, entrepreneurs, or those seeking energy efficiency.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At 1,770 sq ft, the primary residence is relatively small in proportion to the massive lot size, which may not meet the needs of buyers looking for a large-scale interior estate.
Despite high-end updates, the original 1952 structure may still present layout limitations or room scales that reflect older architectural standards compared to modern open-concept builds.
A Rare Private Estate on Nearly One Acre — Where Space, Luxury, and Possibility Converge. Set behind a gated entrance on an expansive 42,900 sq ft lot, this extraordinary property redefines what it means to live with space, privacy, and intention. Designed as both a personal retreat and a place to gather, this is a home where everyday living feels elevated and every inch of the land invites possibility. Inside, the 1,750 sq ft residence is a refined blend of warmth and sophistication. Rich, solid real oak flooring grounds the living spaces, while a fully reimagined kitchen anchors the home with clean lines, stainless steel appliances, and effortless functionality. Every detail has been considered for comfort and ease, with all major appliances included for a seamless transition. The primary suite addition offers a quiet, private escape, complemented by beautifully updated bathrooms that reflect a modern elegance. Beyond aesthetics, the home has been extensively upgraded to meet the demands of modern living: new HVAC, ducting, and attic insulation, full PEX re-pipe and new main water line, new roof, and a 200-amp electrical panel. A fully owned 5.6 kW solar PV system ensures efficiency without compromise. And then—there is the land. A sweeping 1,000 sq ft covered patio opens to a backyard that feels more like a private park—lush, expansive, and alive with possibility. An 80’ x 100’ stretch of green lawn, 18 fruit-bearing trees, curated garden spaces, and dedicated areas for animals create a setting that is both serene and dynamic. The estate continues to unfold with a 1,500 sq ft insulated shop, a detached garage reimagined as a gym and recreation space, a large powered carport, and infrastructure designed for both convenience and ambition—including RV sewer access and a gated entry. With nearly one acre of usable land, this property offers strong potential for additional units or ADU development, making it an excellent opportunity for those looking to create rental income, house extended family, or maximize long-term value. This is a property that adapts to vision—whether that means expanding, creating, entertaining, or simply enjoying the rare luxury of open space. In a market where land is limited, opportunities like this are nearly impossible to replicate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,770 | 1,684 | 57% |
| Lot Size | 42,900 | 7,260 | 99% |
| Price | $1.10M | $725.0K | 96% |
| Price per sq ft | $621 | $422 | 90% |
| Built year | 1952 | 1963 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 173 | 1% |
Apr 13, 2026
$1,099,000
Initial Listing
Nov 16, 2018
$560,000
Public Record