18572 Olalee Lane, Apple Valley, California 92307, Apple Valley, 92307 - 4 bed, 3 bath
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18572 Olalee Lane
Apple Valley, California 92307
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,026Sq Ft
55,660Lot Size
Property Price
LIST PRICE$580,000
EST. MARKET VALUE
$611,518
5% BelowMARKET VALUE
SUMMARY
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $665,000—positioned well below the $674,734 Fair Market Value by 1%. This valuation gap offers $9,734 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a functional layout on a massive 1.27-acre lot with City Lights Views. While local school ratings are modest, the expansive lot offers significant ADU potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Estimated Market Value
$611,518+$31,518 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Apple Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18572 Olalee Lane Subject 4 bd · 3 ba · 3,026 sqft · $202 | $580,000* List Price | 4 | 3 | 3,026 | $202 | - |
A 15740 Kasota Road Sold 3 bd · 2 ba · 2,620 sqft · $210 · 1.0 mi | $550,000 | 3 | 2 | 2,620 | $210 | 1.0 mi |
B 16481 Iwa Sold 4 bd · 3 ba · 2,285 sqft · $206 · 0.1 mi | $470,000 | 4 | 3 | 2,285 | $206 | 0.1 mi |
C 19224 Roanoke Sold 5 bd · 3 ba · 2,944 sqft · $211 · 0.8 mi | $620,000 | 5 | 3 | 2,944 | $211 | 0.8 mi |
D 16460 Malahat Road Active 4 bd · 2 ba · 2,997 sqft · $192 · 0.2 mi | $575,000 List Price | 4 | 2 | 2,997 | $192 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. The kitchen features original oak cabinetry and tile countertops which are functional but dated, perfectly fitting the 10-20 year age criteria for good condition.
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 = 55660, living area = 3026.
- Expansive Acreage & Versatility
The massive 1.27-acre lot provides exceptional space for RV parking, animals, or a potential ADU, offering rare privacy and development potential.
- Prime Cul-de-Sac Location
Situated in a desirable Apple Valley cul-de-sac near St. Mary Medical Center, the home offers a perfect balance of seclusion and proximity to essential services.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned local schools currently hold lower ratings (3/10 and 4/10), which may be a drawback for families focused on high-performing academic districts.
- High Maintenance Grounds
Managing and landscaping a 1.27-acre lot in a desert climate requires significant ongoing maintenance, effort, and potential irrigation costs.
About 18572 Olalee Lane
WOW!!!! SELLERS RETIRING.....UNBELIEVABLE VALUE, PRIME LOCATION, ROOM TO DREAM BIG- Welcome to 18572 Olalee Lane, where spacious living meets extraordinary potential! Tucked away in Apple Valley on a cul-de-sac behind St. Mary's Hospital, this impressive single story home offers 4 bedrooms, three bathrooms, huge bonus game room or office with private entrance approximately 3,026 square feet, granite kitchen and a three-car garage. Built in 2006, it provides plenty of room to spread out, gather with loved ones, and enjoy comfortable everyday living. Situated on approximately 1.27 acres, this property gives your imagination room to grow. Create a private garden retreat, envision a sparkling pool for hot desert days, or explore the possibility of an ADU. The expansive grounds are a canvas waiting for your own personal masterpiece! Location, privacy, space and versatility-all at one INCREDIBLE PRICE. Discover the possibilities and make this Apple Valley Property your own. Schedule your private showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 55,660 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Apple Valley Unified Schools
Desert Knolls Elementary School
Grades K-6 • 1.5 mi
4/10
Granite Hills High School
Grades 9-12 • 6.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,026 | 1,708.125 |
| Lot Size | 55,660 | 22,269.25 |
| Price | $580.0K | $443.5K |
| Price per sq ft | $192 | $243 |
| Built year | 2006 | 1991 |
| HOA | $0 | $247 |
| Days on market | 65 | 73 |
Pricing History
Listed for Sale
Oct 4, 2026
$580,000
$640,000
-9% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$640,000
$665,000
-4% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$665,000
Initial Listing
Sold
Sep 27, 2010
$350,000
Public Record
Sold
Dec 29, 2004
$170,000
Public Record