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 Residence is a Strong Value Opportunity, listed at $998,999—positioned well below the $1,038,124 Fair Market Value by 3%. This valuation gap provides $39,125 in Instant Equity. Featuring an Upgraded Kitchen, renovated bathrooms, and a Heated Swimming Pool with mountain views, the property maintains a Move-In Ready Condition Rating. Zoned for the top-rated Pantera Elementary (9/10), it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or growing families seeking a polished suburban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Rainbow Ridge Subject | $998,999* List Price | 4 | 3 | 2,000 | $519 | - |
A 36 Westbrook Sold | $861,500 | 4 | 3 | 1,956 | $440 | 1.0 mi |
B 51 Rolling Hills Dr Sold | $830,000 | 4 | 2 | 1,774 | $468 | 0.6 mi |
C 19 Black Oak Drive Sold | $975,000 | 4 | 3 | 1,938 | $503 | 0.2 mi |
D 1 Country Wood Drive Sold | $910,000 | 4 | 3 | 2,094 | $435 | 0.8 mi |
E 4 Turn Post Lane Sold | $860,000 | 4 | 3 | 1,984 | $433 | 0.1 mi |
F 5 Navajo Trail Pending | $919,000 List Price | 4 | 3 | 2,020 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1981 (45 years old), the property features upgraded kitchen and bathrooms throughout as per the description. The exterior shows high pride of ownership, a well-maintained pool, and modern solar panels, indicating system updates and move-in ready condition.
Elementary School: Pantera Elementary School (9/10).
The home features an upgraded kitchen and bathrooms throughout, offering a move-in-ready experience with contemporary finishes in a well-established neighborhood.
A heated swimming pool paired with scenic hill and mountain views makes this property an ideal space for year-round entertainment and relaxation.
With a lot size of 5,777 sqft and a pool, the remaining outdoor yard space may be limited for buyers seeking expansive lawn or garden areas.
While the district offers high-performing options, the immediate elementary school has a lower rating, which may be a consideration for families prioritizing local primary education.
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 | 52% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,000 | 1,448 | 75% |
| Lot Size | 5,777 | 7,469 | 22% |
| Price | $999.0K | $722.5K | 90% |
| Price per sq ft | $499 | $477 | 58% |
| Built year | 1981 | 1974 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 166 | 1% |
Apr 13, 2026
$998,999
Initial Listing
Apr 1, 2005
$515,000
Public Record