7474 Cedar Street, Phelan, California 92371, Phelan, 92371 - 3 bed, 2 bath
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7474 Cedar Street
Phelan, California 92371
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,134Sq Ft
86,248Lot Size
Property Price
LIST PRICE$529,900
EST. MARKET VALUE
$508,403
4% AboveMARKET VALUE
SUMMARY
This Spacious Horse-Zoned Residence is a Strong Value Opportunity, listed at $550,000—positioned well above the $518,229 Fair Market Value by 6%. While the property requires updates to its Fair Condition Rating (4/10), it offers significant potential on a massive 86,248 sqft lot. Located in the desirable Snowline Joint Unified School District, this home features a Granite Kitchen and scenic mountain views. It serves as a functional, rural retreat ideal for Owner-Occupants seeking equestrian space or Value-Add Investors.
Estimated Market Value
$508,403
Based on Realkey algorithm analyzing recent comparable sales in Phelan.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7474 Cedar Street Subject 3 bd · 2 ba · 2,134 sqft · $238 | $529,900* List Price | 3 | 2 | 2,134 | $238 | - |
A 7426 Cedar Street Sold 4 bd · 2 ba · 2,296 sqft · $240 · 0.0 mi | $551,000 | 4 | 2 | 2,296 | $240 | 0.0 mi |
B 7438 Woodcliff Active 4 bd · 3 ba · 2,775 sqft · $232 · 0.1 mi | $645,000 List Price | 4 | 3 | 2,775 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998, the property is 28 years old. While the description mentions granite in the kitchen, the bathroom images show original oak cabinetry and white tile countertops typical of the late 90s. The home is functional but dated and will soon require updates to major systems and finishes.
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 = 86248, living area = 2134.
- Expansive Horse-Zoned Lot
Situated on nearly two acres of land, this horse-zoned property offers significant space and flexibility for equestrian enthusiasts or those seeking rural privacy.
- Premier School District
The home is located within the highly-regarded Snowline Joint Unified School District, a major draw for families prioritizing quality education.
CONSRISKS & DEFICIENCIES
- Data Inconsistency
There is a discrepancy between the listing's formal bedroom count (3) and the description (4), which may lead to confusion during the search and appraisal process.
- Aging Infrastructure
Built in 1998, the property may soon require capital improvements for major systems like the roof or HVAC if they have not been recently updated.
About 7474 Cedar Street
4 bedrooms /2 Bathrooms ...Spacious floor plan featuring a cozy family room with woodstove, granite kitchen countertops, large breakfast nook, and spacious primary suite with garden tub and separate shower. Separate laundry. Partially fenced, horse-zoned property located in the desirable Snowline School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 86,248 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,134 | 1,899 |
| Lot Size | 86,248 | 96,617.522 |
| Price | $529.9K | $474.3K |
| Price per sq ft | $248 | $253 |
| Built year | 1998 | 1996 |
| HOA | $0 | $0 |
| Days on market | 39 | 88 |
Pricing History
Listed for Sale
Oct 3, 2026
$529,900
$550,000
-4% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$550,000
Initial Listing
Sold
Oct 12, 2017
$315,000
Public Record
Sold
Feb 21, 2013
$210,000
Public Record
Sold
Oct 30, 1998
$125,000
Public Record