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4426 4426 Oil Well, Phelan, California 92371, Phelan, 92371 - 4 bed, 2 bath

4426 4426 Oil Well, Phelan, California 92371 home-pic-0
ACTIVE UNDER CONTRACT$650,000
4426 4426 Oil Well, Phelan, California 92371
4Beds
2Baths
2,395Sqft
247,420.797Lot

Price Vs. Estimate

The estimated value ($650,000) is $0 (0%) lower than the list price ($650,000). This property may be overpriced.

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 = 247420, living area = 2395.
Top Cons:
Water Treatment Required for Agricultural Use: While a private well is available, water quality testing and treatment (RO recommended) are required before use for agricultural purposes, adding an initial investment.

Compared to the nearby listings

Price:$650.0K vs avg $490.0K (+$160,001)89%
Size:2,395 sqft vs avg 2,000 sqft76%
Price/sqft:$271 vs avg $25063%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is well-maintained for its age, with a clean interior and functional systems. However, the kitchen and bathrooms feature styles (cabinets, countertops, light fixtures) that appear original to the build year and are now dated. A significant factor contributing to the 'Fair' score is the noted absence of a central cooling system, which would require a substantial update for modern comfort. While move-in ready, it requires minor updates to meet current aesthetic and comfort standards.
Year Built
2003
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$271
HOA
-
Days on market
-
Sold On
-
MLS number
HD25229386
Home ConditionFair
Features
Excellent View: Courtyard, Desert, Mountain(s), Valley
Patio
ViewCourtyard, Desert, Mountain(s), Valley

About this home

PRIME OPPORTUNITY IN THE DIGITAL AGE – RURAL WELLNESS MEETS BUSINESS POTENTIAL!!! Welcome to 4426 Oil Well Rd, Phelan – a rare 5.68-acre estate perfectly positioned for those seeking tranquility, economic stability, and entrepreneurial opportunities in the era of digital transformation. This property uniquely combines residential comfort with substantial commercial potential. RESIDENTIAL FEATURES: •Elevated ridge-top location with panoramic mountain views and complete privacy. •2,395 SF main home: 4 bedrooms, 2 baths. •4 additional functional rooms: office/den, walk-in closet, food pantry, laundry room. •200 Amp electrical panel. •Well-maintained interior with quality finishes. COMMERCIAL/BUSINESS POTENTIAL: •3,000 SF passive warehouse with concrete flooring, steel H-beam ceiling structure, and three separate sections. •400 Amp electrical panel – ideal for logistics, e-commerce fulfillment, or manufacturing. •20 FT high commercial carport with steel H-beam construction. WATER SYSTEMS:• Private well for independent water supply. •7,000-gallon water storage tank Smart Farming Potential: •Well water is available on site. (With an appropriate filtration system RO is recommended to remove detected minerals), the water is suitable for smart farming operations, including mushroom cultivation and specialty crop cultivation. It is ideal for controlled environment farming, Water quality testing and treatment are required before use for agricultural purposes. LOCATION ADVANTAGES: •7 miles from HWY 138 exit off HWY 15 – excellent accessibility. •Situated in sought-after "West Cajon Valley" area, known for established families and economic stability. •3 miles to HWY 2 leading to Wrightwood Ski Resort. •Easy access to Angeles Crest Highway scenic drives and mountain recreation. This is more than a home – it's a lifestyle and business opportunity. Properties in this desirable area rarely become available. Don't miss your chance to own this versatile estate where mountain serenity meets commercial possibility!!!

Condition Rating
Fair
Built in 2003, this property is well-maintained for its age, with a clean interior and functional systems. However, the kitchen and bathrooms feature styles (cabinets, countertops, light fixtures) that appear original to the build year and are now dated. A significant factor contributing to the 'Fair' score is the noted absence of a central cooling system, which would require a substantial update for modern comfort. While move-in ready, it requires minor updates to meet current aesthetic and comfort standards.
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 = 247420, living area = 2395.
Dual Residential & Commercial Potential: The property offers a unique blend of residential comfort with significant entrepreneurial opportunities, featuring a 2,395 SF main home and a 3,000 SF passive warehouse.
Panoramic Mountain Views & Privacy: Situated on an elevated ridge-top, the estate boasts panoramic mountain views and complete privacy, enhancing its appeal as a tranquil retreat.
Substantial Commercial Infrastructure: Equipped with a 3,000 SF warehouse, 400 Amp electrical panel, and a 20 FT high commercial carport, ideal for logistics, e-commerce, or manufacturing.
Private Well & Independent Water Supply: Features a private well for independent water supply and a 7,000-gallon storage tank, promoting self-sufficiency and reducing utility costs.
Large Acreage with Smart Farming Potential: Spanning 5.68 acres, the property offers ample space and specific potential for smart farming operations, including mushroom and specialty crop cultivation.

Cons

Water Treatment Required for Agricultural Use: While a private well is available, water quality testing and treatment (RO recommended) are required before use for agricultural purposes, adding an initial investment.
Absence of Central Cooling System: The property description does not mention a central cooling system, which could be a significant drawback during warmer months in California.
Extensive Property Maintenance: A 5.68-acre estate with a main home, large warehouse, and private well system will likely require significant ongoing maintenance for landscaping, infrastructure, and utility systems.

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