
Phelan, California 92371
This Equestrian Estate represents a High-Potential Investment Opportunity, listed at a List Price of $370,000—positioned well above the $350,304 Fair Market Value by 5%. While currently priced above market, the property’s 2.2-acre lot and Equestrian Zoning provide significant long-term value-add potential. Featuring a Condition Rating of 4, the home offers a solid foundation for cosmetic modernization. With its expansive grounds and proximity to the Snowline Joint Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable horse-centric sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13378 Paramount Road Subject | $370,000* List Price | 3 | 2 | 1,252 | $280 | - |
A 13377 Paramount Road Sold | $350,000 | 4 | 2 | 1,462 | $239 | 0.1 mi |
B 4851 Chevoit Road Sold | $410,000 | 3 | 2 | 1,670 | $246 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the dated category. While the listing highlights a new roof and some kitchen cabinetry updates, the photos reveal popcorn ceilings, older wall-mounted heating units, and unfinished drywall/framing in the kitchen area, indicating a need for minor repairs and cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 96652, living area = 1252.
The expansive 2.2-acre lot includes established horse stables and significant room for ADUs or expansion, catering to both horse enthusiasts and visionary investors.
A newer roof installed approximately two years ago, combined with updated kitchen cabinetry and tile flooring, offers reduced maintenance costs and immediate move-in readiness.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1252, other record living area = 1152. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,252 square feet, the 3-bedroom layout is relatively compact, which may limit appeal for buyers seeking spacious indoor living areas.
Located in Phelan, the property is subject to extreme desert temperatures and is situated further from major metropolitan employment centers, potentially increasing commute times.
Rare Opportunity for Equestrian Enthusiasts and Visionary Developers! Discover an exceptional equestrian estate eligible for 100% financing and potential local or state down payment assistance programs, making homeownership more accessible than ever…. Nestled on a sprawling 96,652-square-foot lot, this meticulously updated horse property offers an outstanding opportunity to enjoy country living while unlocking tremendous future potential. Complete with an established horse stable and ample room for riding arenas, additional stalls, boarding facilities, or future expansion, this property is ideal for horse lovers, investors, and multi-generational living.…. At the heart of the property is a beautifully refreshed 3-bedroom, 2-bathroom home on a permanent foundation. Recent improvements include new flooring throughout the entire home, including every bedroom and the laundry room, new interior walls, fresh interior paint, new entry doors, and new window screens, creating a clean, modern feel that's ready for immediate occupancy. The home also features updated kitchen cabinetry, attractive tile finishes, and a versatile third bedroom with dual-door access that can easily function as a home office, guest room, or bedroom. Modern appliances are included for added convenience.…. The home also features a roof installed approximately two years ago, offering long-term durability, reduced maintenance concerns, and added peace of mind for the next owner.…. Located in the peaceful High Desert community of Phelan, you'll enjoy panoramic mountain views, easy access to hiking, camping, horseback riding, and off-road recreation in the nearby San Gabriel Mountains. The property is also served by the highly regarded Snowline Joint Unified School District and offers convenient access to major highways, shopping, and everyday amenities.…. With nearly 2.2 acres of usable land, an established equestrian setup, extensive recent improvements, and exceptional potential for future development, this is a rare opportunity to create your dream ranch, expand your investment portfolio, or enjoy the space and freedom that country living provides.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,252 | 1,564 |
| Lot Size | 96,652 | 95,396 |
| Price | $370.0K | $481.1K |
| Price per sq ft | $296 | $245 |
| Built year | 1990 | 1991 |
| HOA | $0 | $0 |
| Days on market | 48 | 91 |
Jun 4, 2026
$370,000
Initial Listing
Jan 27, 2021
$185,000
Public Record