
Ontario, California 91762
This property presents a High-Potential Investment Opportunity with a List Price of $839,900, positioned slightly above the $802,050 Fair Market Value. While the price reflects a premium, the 20,370 sqft AR-2 Zoned Lot provides significant long-term value through potential ADU or SB9 development. Featuring a Condition Rating of 3, the home includes modern wood-look tile and a custom outdoor gazebo. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a rural-style lifestyle with urban farm potential in the Chaffey Joint Union High district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 427 W Maple Subject | $839,900* List Price | 3 | 2 | 1,500 | $535 | - |
A 1806 S Magnolia Avenue Sold | $715,000 | 3 | 2 | 1,499 | $477 | 1.0 mi |
B 1940 S Fern Sold | $818,000 | 3 | 2 | 1,459 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property has been well-maintained and features updates such as wood-look tile and ceramic flooring. The home appears functional and move-in ready with significant exterior improvements including a gazebo with a fireplace, placing it in the category of a 5-15 year renovation/maintenance cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20370, living area = 1500.
The expansive 20,370 sqft lot with AR-2 zoning offers rare flexibility for horse property, urban farming, and significant potential for ADU or SB9 development.
The property features a custom outdoor gazebo with a fireplace and TV mount, an oversized 3-car detached garage, and ample parking for an RV, boat, or horse trailer.
With only 1,500 sqft of living space, the home is relatively small compared to the massive lot size, which may necessitate further expansion to fully realize the property's value.
Built in 1962, the property may require updates to older systems or cosmetic modernizations to meet the expectations of contemporary buyers.
Attention: "HORSE Property". Call the city and ask about all the perks allowed on this AR-2 Zoned Lot, Parcel #1050291080000. Rare opportunity to own this single-family residence at 427 W. Maple St., Ontario, CA, located between Fern Ave on the Eastside and San Antonio Ave on the Westside. This property is situated on an expansive 20,370 sqft. lot. The home has approximately 1,500 sqft. of living space that features 3 bedrooms and 1.75 bathrooms. This home's floor plan offers a warm and inviting living room which has a fireplace that has flow into the open concept dining room and study area. The kitchen and breakfast nook area both feature ceramic tiled flooring throughout. The living room and hallway are enhanced by attractive wood-look tile floors which lead up to the bedrooms that have natural wood flooring. (Exterior amenities include) A long driveway with parking for about 4–5 vehicles where you can park an RV, boat, horse trailer & more. This driveway leads to an oversized double detached garage with the size of a 3 car, has a laundry area. Other exterior amenities also include an open step-up outdoor patio gazebo that has a fireplace and a TV mount spot which is perfect for outdoor entertaining to relax and enjoy your time with family and friends. The Gazebo area of yard also has an open covered patio which is used for a larger gathering's sitting area. Apart from that area, you also have another good size part of yard which is currently being used for animals/pets. Buyers are encouraged to call the city and inform themselves of all the uses in this AR-2 parcel's zoning, along with asking about any recent zoning changes and ADU Possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,568 | 46% |
| Lot Size | 20,370 | 7,347 | 96% |
| Price | $839.9K | $721.2K | 82% |
| Price per sq ft | $560 | $464 | 80% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 157 | 2% |
May 29, 2026
$839,900
Initial Listing
Nov 19, 2003
$295,000
Public Record