
Phelan, California 92371
This property presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned well above the $519,959 Fair Market Value by -14%. While currently priced above market, the 4.77-acre lot offers significant utility for equestrian use or ADU development. With a Fair Condition Rating and a 2004 build date, the home provides a solid, modern foundation for value-add renovations. This expansive, single-story residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking privacy and long-term land appreciation.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old based on the 2026 listing date, placing it just into the 'Fair' category (>20y). While the exterior structure and tile roof appear functional, the age suggests original kitchen, baths, and HVAC systems that are likely dated and may require minor updates or maintenance to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 207781, living area = 2242.
The property features a massive 4.77-acre lot, offering exceptional privacy and vast potential for equestrian facilities, workshops, or additional dwelling units (ADUs).
Constructed in 2004, this residence is relatively new for the area, likely offering more modern building standards, energy efficiency, and systems compared to older rural inventory.
Despite the large acreage, the listing indicates no specific views, which may be a competitive disadvantage in a region where buyers often seek panoramic desert or mountain vistas.
There is a notable conflict between the data field (3 baths) and the written description (2 baths), which could lead to buyer confusion and requires clarification regarding permitted improvements.
We present to you this single story home featuring 4.77 acres of land. House offers 4 bedrooms and 2 baths and plenty of privacy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,242 | 1,899 |
| Lot Size | 207,781 | 96,617.522 |
| Price | $595.0K | $474.3K |
| Price per sq ft | $265 | $253 |
| Built year | 2004 | 1996 |
| HOA | $0 | $0 |
| Days on market | 5 | 88 |
Oct 19, 2026
$595,000
Initial Listing
Jan 28, 2022
$480,000
Public Record
Jan 5, 2006
$447,500
Public Record
Dec 3, 2004
$365,000
Public Record