
Ontario, California 91762
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,119,343 Fair Market Value by 1.7%. This valuation gap offers $19,343 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full rehab, yet the 1-acre lot provides significant Development Potential for an ADU or expansion. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize value through renovation in a desirable Ontario neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5644 W Phillips Subject | $1,100,000* List Price | 3 | 3 | 1,948 | $575 | - |
A 930 S Benson Pending | $1,250,000 List Price | 3 | 2 | 2,250 | $556 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 (58 years old) with no mention of renovations, this property requires a full rehab. The listing description focuses heavily on the 1-acre lot and 'endless possibilities' for expansion, signaling that the existing structure is in original, dated condition with likely outdated systems, kitchen, and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1948.
The rare 1-acre (43,560 sqft) lot provides significant space for equestrian use, a private retreat, or extensive outdoor amenities, which is a premium find in this area.
The property offers endless possibilities for future expansion, including the addition of an Accessory Dwelling Unit (ADU), a pool, or custom landscaping to increase value.
Built in 1966, the home may require significant modern updates or renovations to align with contemporary aesthetic and energy efficiency standards.
At a list price of $1.1M for 1,948 square feet of living space, the market value is heavily weighted in the land, which may challenge buyers looking for more interior square footage.
BACK ON THE MARKET! Nestled in one of the most highly desirable areas of Ontario, this rare 1-acre property offers the perfect blend of tranquil living and unbeatable convenience. Whether you envision a private equestrian retreat, an entertainer's paradise, or future expansion with an ADU or pool, the possibilities are truly endless.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,948 | 1,780.319 |
| Lot Size | 43,560 | 7,032.331 |
| Price | $1.10M | $742.2K |
| Price per sq ft | $565 | $433 |
| Built year | 1966 | 1979 |
| HOA | $0 | $167 |
| Days on market | 50 | 54 |
Jul 21, 2026
$1,100,000
Initial Listing