2000 Chestnut Creek, Diamond Bar, California 91765, Diamond Bar, 91765 - 4 bed, 2 bath
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Diamond Bar, California 91765
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,560,000. While the current structure requires a complete rebuild due to fire damage, the sale includes City-Approved Plans for a 3,224 SF residence. Situated on a massive 34,669 SF lot with Panoramic City Light and Mountain Views, the site offers significant development upside in the Walnut Valley Unified School District. This project is a strategic Asset for Fix-and-Flip Investors or Custom Home Builders seeking a premium location for a luxury build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2000 Chestnut Creek Subject | $1,560,000* List Price | 4 | 2 | 2,230 | $578 | - |
A 2618 Rocky Trail Sold | $1,400,000 | 4 | 4 | 2,688 | $521 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is over 60 years old and has sustained significant fire damage, rendering the current structure unlivable. It is being sold for land value with city-approved plans to rebuild and expand, meeting the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34669, living area = 2230.
The property includes city-approved plans to rebuild and expand into a 3,224 SF two-story home, providing significant time and cost savings by bypassing the initial design and permitting phases.
Situated in a highly desirable Diamond Bar neighborhood within the top-rated Walnut Valley Unified School District, ensuring strong long-term property value and appeal to families.
The existing structure is fire-damaged, necessitating a complete rebuild or extensive structural renovation, which requires substantial additional capital and construction expertise.
With a list price of $1.56M for a non-habitable residence, the high entry point may limit the profit margins for investors once total construction costs are factored in.
Rare opportunity in one of Diamond Bar's most desirable neighborhoods! This property is being sold with city-approved plans to rebuild and expand the existing residence into an approximately 3,224 SF two-story home (buyer to verify). The current residence was previously affected by fire damage and presents an exceptional opportunity for investors, builders, or owner-users seeking to create their dream home. Enjoy breathtaking city lights and mountain views from the backyard, offering a spectacular setting for future outdoor living and entertaining. Located within an excellent school district and surrounded by well-maintained homes, this property combines location, views, and development potential in one unique package. Approved plans are included in the sale, providing significant time and cost savings compared to starting the design and permitting process from scratch. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Buyer to independently verify all permits, plans, square footage, development potential, and property condition with the appropriate governmental agencies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,230 | 2,277.5 |
| Lot Size | 34,669 | 9,319.5 |
| Price | $1.56M | $1.28M |
| Price per sq ft | $700 | $583 |
| Built year | 1963 | 1984 |
| HOA | $0 | $160 |
| Days on market | 40 | 46 |
Jun 12, 2026
$1,560,000
Initial Listing
Apr 27, 2023
$1,000,000
Public Record
Mar 25, 2016
$625,000
Public Record