
Phelan, California 92371
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $465,000—positioned well below the $482,379 Fair Market Value by 3%. This valuation gap offers $17,379 in Instant Equity. With a Good Condition Rating and recent 2026 upgrades, the property features a 1-acre lot with multi-generational potential via an existing utility-ready pad. Ideally located for commuters near the 138 and 15, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3386 Acacia Subject 3 bd · 2 ba · 1,784 sqft · $270 | $465,000* List Price | 3 | 2 | 1,784 | $270 | - |
A 3632 Cambria Sold 4 bd · 3 ba · 2,460 sqft · $230 · 0.7 mi | $565,000 | 4 | 3 | 2,460 | $230 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1997 (29 years old), the property qualifies as 'Good' due to significant recent renovations in 2026, including a brand new HVAC system, new Pergo flooring throughout, fresh paint, and new interior/garage doors. These updates to major systems and surfaces make the home move-in ready and well-maintained, despite the likely original 1990s-era kitchen and bathroom cabinetry.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39437, living area = 1784.
The expansive 1-acre lot includes a secondary pad already equipped with water, electricity, and septic hookups, providing a rare and cost-effective opportunity for an ADU or multi-family living.
The home features significant recent improvements, including a brand-new HVAC system (2026), new Pergo flooring, fresh paint, and new interior/garage doors, minimizing immediate move-in costs.
The property's reliance on a septic system and its high-desert location may result in higher maintenance requirements and exposure to extreme weather conditions compared to urban areas.
Located on a quiet street with only three homes, the sense of isolation and distance from major shopping hubs (2 miles) may not appeal to buyers seeking a traditional suburban community feel.
Opportunity Knocks . Location Location Location. Great Commuter Home . USE HWY 138 and bypass the I-15 Traffic. A perfect blend of rural living and modern amenities. World Class Sunrises and Sunsets. Spectacular view of the San Gabriel Mountains .Close to all of southern California’s favorite activities including the Beach, Disneyland, Mountain High Ski Resort, Big Bear, Ski Resort, Magic Mountain, Knotts Berry Farm and Silverwood Lake. The town center is just 2 miles away for all of your shopping needs. The elementary middle school and high school are all nearby , saving time on morning drop off commutes. A quiet street with only three homes and minimal thoroughfare. Just minutes from the 395, 15 freeway, and 138 highway. Close to Amazon Distribution Center. Split Floor Plan. 3-Bedroom 2-Bath 1784 SF Living Space. Open Kitchen to Dining Room. Spacious Living Room with Fireplace. The Home features brand new Pergo floors throughout, Fresh paint, brand new interior doors, Brand new garage door, and HVAC system replaced in August 2026. Home is south facing with mature trees and fully fenced 1-ACRE LOT. Additional PAD for a Trailer or MFG. HOME . Electrical -Water and Septic in Place.. Great for MULTI FAMILY or MULTI-GEN living. Split Floor Plan. 3-Bedroom 2-Bath 1784 SF Living Space. Open Kitchen to Dining Room. Spacious Living Room with Fireplace. A Must See...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,784 | 1,899 |
| Lot Size | 39,437 | 96,617.522 |
| Price | $465.0K | $474.3K |
| Price per sq ft | $261 | $253 |
| Built year | 1997 | 1996 |
| HOA | $0 | $0 |
| Days on market | 10 | 88 |
Oct 14, 2026
$465,000
Initial Listing
Jan 2, 2009
$170,000
Public Record
Feb 1, 2006
$318,000
Public Record
Oct 2, 2003
$156,500
Public Record
Jun 14, 2001
$112,000
Public Record