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3874 Kreuer Road, Phelan, California 92371, Phelan, 92371 - 4 bed, 3 bath

3874 Kreuer Road, Phelan, California 92371 home-pic-0
ACTIVE UNDER CONTRACT$420,000
3874 Kreuer Road, Phelan, California 92371
4Beds
3Baths
2,059Sqft
108,900Lot

Price Vs. Estimate

The estimated value ($479,784.455) is $59,784.455 (14%) higher than the list price ($420,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 108900, living area = 2059.
Top Cons:
Age Disparity of Residences: The second home was built in 1954, significantly older than the main residence, which may imply older systems or potential for more extensive updates to meet modern standards or maximize its value.

Compared to the nearby listings

Price:$420.0K vs avg $485.0K ($-65,000)28%
Size:2,059 sqft vs avg 2,000 sqft53%
Price/sqft:$204 vs avg $25015%

More Insights

Built in 1988 (37 years old).
Condition: The main home, built in 1988, has undergone significant recent updates including new appliances, newer roof, updated flooring, updated light fixtures, new closet doors, and a new garage door, making it largely move-in ready. The kitchen features clean white cabinets and a modern faucet, though the tile countertops are a dated style. The main bathroom also has a functional vanity with tile counters and subway-style tile in the shower, which is clean but not contemporary. The second home (1954) also appears to have updated flooring and a modern light fixture in the bathroom, making it functional. While some elements like the kitchen countertops and main bathroom tile are not fully modern, the extensive recent renovations and overall well-maintained condition of both homes, combined with updated flooring and light fixtures throughout, place this property in 'Good' condition. It is move-in ready with no immediate major renovations required, despite the age of the original structures and the presence of wall-mounted AC units rather than central air.
Year Built
1988
Close
-
List price
$420K
Original List price
$400K
Price/Sqft
$204
HOA
-
Days on market
-
Sold On
-
MLS number
HD25245662
Home ConditionGood
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

SPECIAL 2 RANCH STYLE TRADITIONAL CONVENTIONALLY FRAMED HOMES ON A 2.5 FULLY FENCED ACRES! Built in 1988 First Home offers a split floorplan of 1,219 of living square feet with 3 bedrooms and 2 bathrooms, vaulted ceilings, an attached spacious oversized 2-car garage, new appliances, newer roof, updated flooring, updated light fixtures, new closet doors, new garage door and more. The Original home Built in 1954, this Second Home currently serving as a guest house consisting 840 of living square feet with 1 bedroom and 1 half bath, a spacious walk-in closet, roomy open living room, nice ceilings with an adjacent laundry room. Homes are not manufactured homes and each separate home owning their own separate electricity utility meter and separate water utility meter convenient and perfect for multi-households. The properties are conveniently position in a fully fenced corner lot with 2 separate entrances, and an additional slab pad present for a potential RV parking or future workshop easily accommodating space perfect for multiple vehicles, work trucks, etc. Homes are located just down the street to paved main road and surrounded by the natural beauty of the San Gabriel Mountains and present mature trees providing shade and extra privacy. Weather looking for the one to combine your expanding household, this property offers incredible value and extreme potential. Whether you're a first-time home buyer to live in one and potentially rent the other, or perhaps an investor looking to expand your income producing portfolio, this property qualifies for all-type financing and rarely comes on the market. Don't miss it!

Condition Rating
Good
The main home, built in 1988, has undergone significant recent updates including new appliances, newer roof, updated flooring, updated light fixtures, new closet doors, and a new garage door, making it largely move-in ready. The kitchen features clean white cabinets and a modern faucet, though the tile countertops are a dated style. The main bathroom also has a functional vanity with tile counters and subway-style tile in the shower, which is clean but not contemporary. The second home (1954) also appears to have updated flooring and a modern light fixture in the bathroom, making it functional. While some elements like the kitchen countertops and main bathroom tile are not fully modern, the extensive recent renovations and overall well-maintained condition of both homes, combined with updated flooring and light fixtures throughout, place this property in 'Good' condition. It is move-in ready with no immediate major renovations required, despite the age of the original structures and the presence of wall-mounted AC units rather than central air.
Pros & Cons

Pros

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 = 108900, living area = 2059.
Dual Residences with Separate Utilities: The property features two distinct, conventionally framed homes, each with separate electricity and water meters, offering exceptional flexibility for multi-generational living or significant rental income potential.
Expansive & Fenced Acreage: A generous 2.5-acre fully fenced corner lot provides ample space, privacy, and security, ideal for various uses including accommodating multiple vehicles or potential expansion.
Updated Main Residence: The primary 1988 home has received recent upgrades including new appliances, a newer roof, updated flooring, light fixtures, and a new garage door, reducing immediate maintenance concerns for the main living space.
Versatile Outdoor Amenities: The property includes two separate entrances and an additional slab pad suitable for RV parking or a future workshop, accommodating multiple vehicles and work trucks with ease.
Scenic Mountain Views & Privacy: Positioned amidst the natural beauty of the San Gabriel Mountains with mature trees, the property offers picturesque views and enhanced privacy.

Cons

Age Disparity of Residences: The second home was built in 1954, significantly older than the main residence, which may imply older systems or potential for more extensive updates to meet modern standards or maximize its value.
Rural Location: While offering privacy and views, the property's location in Phelan is rural, which may entail longer commutes to major urban centers, amenities, or services for some buyers.
Limited Information on Second Home's Condition: The description highlights updates for the main home but is less specific about recent renovations or the overall condition of the 1954 guest house, suggesting potential for additional investment to optimize its use.

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