5495 Morgan Street, Ontario, California 91762, Ontario, 91762 - 4 bed, 4 bath
5495 Morgan Street
Ontario, California 91762
Property Price
SUMMARY
Analysis of 5495 Morgan Street, Ontario, California 91762 is currently available with a list price of $1,880,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ontario Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1990, is well-maintained and functional, but the interior, particularly the kitchen and bathrooms, exhibits significantly outdated styles and features. The kitchen has original wood cabinets, tiled countertops, and a dated fluorescent light panel. Bathrooms feature similar wood vanities, tiled counters, gold-framed shower enclosures, and globe lighting, all characteristic of its build era. While clean and in good working order, these areas would require substantial cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 51480, living area = 3742.
- Expansive Lot & Privacy
The property boasts over 1.1 acres within the city of Ontario, offering rare space, privacy, and potential for various uses like RV/boat storage.
- Resort-Style Outdoor Amenities
The backyard is a standout retreat featuring a large pool and spa, an additional bathroom for pool use, a built-in barbecue, and an outdoor living room with TV hookups and a fireplace, ideal for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Potential for Interior Updates
Built in 1990, while well-maintained, the property may require updates to certain interior finishes or systems to align with contemporary luxury standards, as suggested by the opportunity to 'add personal touches over time'.
- Limited Scenic Views
The property offers a 'Neighborhood' view, lacking the premium scenic vistas (e.g., city lights, mountains, ocean) that can significantly enhance the appeal and value of a luxury estate.
About 5495 Morgan Street
Welcome to the home where entertainers come to be entertained!! Spanning over 3,700 square feet, this exceptional single-story home offers a rare combination of space, functionality, and outdoor living on more than 1.1 acres in the city of Ontario. Thoughtfully designed with an open and highly desirable layout, the home features four generously sized bedrooms, three full bathrooms, and expansive living and entertaining areas that flow effortlessly throughout. The interior is well maintained and remarkably spacious, with oversized bedrooms and bathrooms a massive kitchen and an even bigger family room with sunken in bar/beverage area that provides comfort and flexibility for a variety of living needs. The floor plan truly shines, offering a seamless blend of everyday living and entertaining potential. The backyard is a standout retreat, complete with a large pool and spa, a convenient additional bathroom for pool use, a built in barbecue, outdoor living room complete with TV hook ups and a gorgeous fireplace, ideal for hosting gatherings or enjoying private relaxation. A massive area located off the back of the property behind the outdoor living space is perfect for storage needs, RV parking, boat storage...the sky's the limit. A three car garage adds practicality and additional ample storage. This property presents an incredible opportunity to enjoy a clean, well-kept home with a phenomenal layout and resort style outdoor amenities, while also offering the chance to add personal touches over time. A rare single-story estate with space, privacy, and endless potential. This incredible home is ready for it's second owner!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 51,480 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 3,742 | 1,697 | 97% |
| Lot Size | 51,480 | 7,260 | 98% |
| Price | $1.88M | $726.0K | 99% |
| Price per sq ft | $502 | $429 | 72% |
| Built year | 1990 | 1973 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 176 | 3% |
Pricing History
Listed for Sale
Jan 28, 2026
$1,880,000
Initial Listing