
Phelan, California 92371
This property presents a High-Potential Investment Opportunity with a List Price of $535,000—positioned well below the $552,310 Fair Market Value by 3%. This valuation gap offers $17,310 in Instant Equity for buyers. Featuring a Fair Condition Rating due to original 1988 finishes, the home offers significant value-add potential through modernization. With 2.25 acres and panoramic mountain views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, customizable asset in the Snowline Joint Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8441 Sierra Vista Subject | $535,000* List Price | 5 | 3 | 2,607 | $212 | - |
A 8672 Sierra Vista Sold | $440,000 | 3 | 2 | 1,942 | $227 | 0.3 mi |
B 4949 Sundown Drive Sold | $607,000 | 4 | 2 | 2,776 | $219 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988, the property is 36 years old and features original kitchen and bathroom finishes. The oak cabinetry, tile countertops, and dated flooring are significantly past their functional lifespan and require a full rehab 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 = 98010, living area = 2607.
Situated on 2.25 acres, this property offers significant outdoor space for privacy, equestrian use, or additional structures, providing exceptional value for land-seekers.
With 5 bedrooms and over 2,600 square feet of living area, the home provides ample room for large families or multi-generational living arrangements.
Built in 1988, the home may require cosmetic updates or system upgrades to align with contemporary design trends and modern energy efficiency standards.
The property's location in Phelan offers a secluded lifestyle but may result in longer commute times and limited proximity to major shopping and dining centers.
Large 5 bedroom 3 bath home that sits on 2.25 acres! 3 car garage and endless views !
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,607 | 1,564 |
| Lot Size | 98,010 | 95,396 |
| Price | $535.0K | $481.1K |
| Price per sq ft | $205 | $245 |
| Built year | 1988 | 1991 |
| HOA | $0 | $0 |
| Days on market | 20 | 91 |
Jul 2, 2026
$535,000
Initial Listing
May 1, 2023
$550,000
Public Record
Mar 27, 2007
$450,000
Public Record