
Apple Valley, California 92307
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18572 Olalee Lane Subject | $665,000* List Price | 4 | 3 | 3,026 | $223 | - |
A 15740 Kasota Road Sold | $550,000 | 3 | 2 | 2,620 | $210 | 1.0 mi |
B 16481 Iwa Sold | $470,000 | 4 | 3 | 2,285 | $206 | 0.1 mi |
C 19224 Roanoke Sold | $620,000 | 5 | 3 | 2,944 | $211 | 0.8 mi |
D 16460 Malahat Road Active | $575,000 List Price | 4 | 2 | 2,997 | $192 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
The massive 1.27-acre lot provides exceptional space for RV parking, animals, or a potential ADU, offering rare privacy and development potential.
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.
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.
Managing and landscaping a 1.27-acre lot in a desert climate requires significant ongoing maintenance, effort, and potential irrigation costs.
WELCOME...... to 18572 Olalee Lane, a spacious single-story home tucked away in a desirable Apple Valley cul-de-sac near St. Mary Medical Center. Offering four bedrooms, three bathrooms, approximately 3,026 square feet, and a three-car garage, this 2006-built home provides comfortable living with plenty of room to spread out. The approximately 1.27-acre lot offers outstanding space for outdoor entertaining, RV parking, animals, additional improvements, or possible ADU potential—subject to county approval. A wonderful combination of location, privacy, space, and versatility! Property information is believed to be accurate, but shall not be relied upon without verification by buyer or buyer’s agent. Accuracy of square footage, lot size, & other features, amenities and/or not limited to inclusions and exclusions are not guaranteed.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 9-12 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,026 | 1,716.156 |
| Lot Size | 55,660 | 22,699.063 |
| Price | $665.0K | $442.5K |
| Price per sq ft | $220 | $241 |
| Built year | 2006 | 1990 |
| HOA | $0 | $246 |
| Days on market | 20 | 69 |
Aug 20, 2026
$665,000
Initial Listing
Sep 27, 2010
$350,000
Public Record
Dec 29, 2004
$170,000
Public Record