
Phelan, California 92371
Analysis of 5500 Oil Well Road, Phelan, California 92371 is currently available with a list price of $399,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phelan Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1968 with mostly original finishes. The kitchen and bathrooms are significantly dated (well over 30 years old), featuring original dark wood cabinetry, tile countertops, and wood-paneled walls throughout. While well-maintained, the age of the systems and the need for a full interior rehab to meet modern standards place it in the poor category based on the provided criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1668.
The property sits on a massive 5-acre flat parcel, fully fenced with an electric gate, offering unparalleled privacy and ample space for horses, equipment, or recreational desert toys.
Featuring a private well with artesian water and an owned propane tank, this home provides a rare level of self-sufficiency and utility savings highly valued in rural high desert living.
Built in 1968, the home features original wood-paneled walls and older tile countertops, which may require cosmetic modernization to appeal to buyers seeking a contemporary look.
Managing a 5-acre high desert lot involves significant ongoing maintenance, including weed abatement and fence upkeep, which may be a challenge for those new to rural land ownership.
Welcome to 5500 Oil Well Road in Phelan, CA, a peaceful 5-acre High Desert property surrounded by wide-open space, blue skies, mountain views, mature trees and the kind of privacy buyers look for in rural acreage High Desert living. This 3 bedroom, 2 bath home offers 1,668 sq ft of comfortable living space with warm wood-paneled character, large picture windows, ceiling fans and a cozy stacked-stone fireplace in the living room. The family room adds even more charm with a wood-burning stove set into a natural rock feature wall. The home offers 3 generously sized bedrooms with privacy-height windows that bring in natural light and capture views from nearly every room. The guest bathroom features an upgraded walk-in soaking tub, while the primary bathroom offers a step-in shower. An indoor laundry room provides added convenience with direct access to the backyard. The kitchen includes ample cabinet space, tile counters, gas range/oven, breakfast bar or buffet-style serving counter and an easy flow into the dining area, where sliding doors open to the covered patio and outdoor living space. The home also includes a large built-in security safe, a rare and valuable feature for securing what matters most. This mostly flat 5-acre parcel offers space, function and flexibility, and all the possibility to create the lifestyle that fits your family. Bring your horses, vehicles, tools, equipment, animals, garden plans, desert toys, hobbies or simply enjoy having more room between you and the neighbors. The fully fenced property includes security wire and is accessed through a convenient remote-activated electric entry gate. A detached 2-car garage with covered carport area adds shady parking, storage and project space, and the large permanent metal storage unit with roll up door stays with the property. Including a back-up generator and back-up propane tank. Main propane tank is owned as well. The covered back deck, shaded outdoor areas and mature trees create peaceful places to relax, gather and take in the surrounding mountain and foothill views. The property also features a private well with artesian water. Tucked away and quiet, yet still within easy reach of local schools, Highway 138, town conveniences and mountain recreation, and a quick commute in either direction, this property offers Phelan acreage, privacy, views, storage, water independence, and true mountain foothill High Desert character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,668 | 2,008 | 28% |
| Lot Size | 217,800 | 94,307 | 98% |
| Price | $400.0K | $478.4K | 21% |
| Price per sq ft | $240 | $243 | 45% |
| Built year | 1968 | 1999 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 185 | 1% |
May 26, 2026
$399,999
Initial Listing