42 Rainbow Ridge, Phillips Ranch, California 91766, Phillips Ranch, 91766 - 4 bed, 3 bath
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Phillips Ranch, California 91766
This Modernized Phillips Ranch Pool Home is a Prime Investment Opportunity, listed at $998,999—positioned well below the $1,038,641 Fair Market Value by 3%. This valuation gap offers $39,642 in Instant Equity. Boasting a Modernized Interior with an upgraded kitchen and bathrooms, the property maintains a Condition Rating of 3. The outdoor sanctuary features a Heated Swimming Pool, Spa, and Mountain Views, all within the top-rated Pantera Elementary (9/10) zone. This is an ideal match for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Rainbow Ridge Subject | $978,999* List Price | 4 | 3 | 2,000 | $499 | - |
A 5 Navajo Trail Sold | $915,000 | 4 | 3 | 2,020 | $453 | 0.2 mi |
B 6 Skyline Sold | $868,000 | 4 | 3 | 2,020 | $430 | 0.0 mi |
C 36 Westbrook Sold | $861,500 | 4 | 3 | 1,956 | $440 | 1.0 mi |
D 73 Hidden Valley Sold | $935,000 | 4 | 3 | 1,956 | $478 | 0.8 mi |
E 51 Rolling Hills Dr Sold | $830,000 | 4 | 2 | 1,774 | $468 | 0.6 mi |
F 14 Rainbow Ridge Active | $949,000 List Price | 4 | 3 | 2,020 | $470 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1981, it features significant modern renovations to the kitchen and bathrooms as noted in the description and visible in photos. The interior shows updated stone flooring, contemporary cabinetry, and modern lighting, making it move-in ready and well-maintained.
Elementary School: Pantera Elementary School (9/10).
The home features comprehensive upgrades to both the kitchen and all bathrooms, offering a move-in-ready experience with contemporary finishes and a spacious layout.
A heated swimming pool paired with scenic views of the hills and mountains makes this property ideal for year-round entertainment and relaxation.
With a lot size of 5,777 sqft, the inclusion of a swimming pool significantly limits the remaining yard space for other outdoor activities or gardening.
Built in 1981, the home may require closer inspection of original structural systems and utility components that were not part of the aesthetic upgrades.
Very sought after; Very Nice neighborhood in Phillips Ranch. This beautiful pool home has an upgraded kitchen and bathrooms throughout. Very spacious and inviting. Heated Swimming pool in the back for Summer fun or pool parties in the Spring and Summer. Don't miss out on this outstanding property in Phillips Ranch; It's like no other.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 1.3 mi
Grades PK-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,000 | 1,444.5 | 78% |
| Lot Size | 5,777 | 6,976 | 24% |
| Price | $979.0K | $715.0K | 87% |
| Price per sq ft | $489 | $483 | 51% |
| Built year | 1981 | 1978 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 152 | 9% |
May 22, 2026
$978,999
$998,999
-2% Price Drop
Initial Listing
Apr 13, 2026
$998,999
Initial Listing
Apr 1, 2005
$515,000
Public Record