8529 Nielson, Phelan, California 92371, Phelan, 92371 - 3 bed, 2 bath

8529 Nielson, Phelan, California 92371 home-pic-0

8529 Nielson

Phelan, California 92371

ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,800Sq Ft
180,774Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$570,432
5% AboveMARKET VALUE

SUMMARY

Analysis of 8529 Nielson, Phelan, California 92371 reveals a property with a current list price of $599,000, which is 5% above the estimated $570,432 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Phelan 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.

Estimated Market Value

$570,432
Based on Realkey algorithm analyzing recent comparable sales in Phelan.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
8529 Nielson
Subject
$599,000*
List Price
322,800$204-
A
9191 White Road
Sold
$685,000332,546$2690.5 mi
B
9076 Shasta
Sold
$685,990433,200$2140.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1990, the property is well-maintained but largely retains its original character and finishes. The kitchen and bathrooms feature 90s-style oak cabinetry, tile countertops, and dated light fixtures. While the home is move-in ready and functional, it lacks the modern renovations or recent system updates required for a 'good' or 'excellent' rating, fitting the criteria for a property 25-40 years old with no major recent renovations.

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 = 180774, living area = 2800.

  • Multi-Unit Potential

    The property features two separate residences on a single lot, offering exceptional versatility for rental income, guest quarters, or multi-generational living.

  • Expansive Usable Acreage

    With 4.1 acres of flat, fully fenced land, the property is ideal for equestrian use, RV storage, or the construction of large-scale workshops and outbuildings.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2800, other record living area = 1710. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Remote Location

    Situated in the High Desert, the property may present challenges for those requiring short commutes to major urban centers or immediate access to metropolitan amenities.

  • Property Maintenance Demands

    Managing over four acres and two separate structures built in 1990 may require significant ongoing maintenance and potential modernization to meet current efficiency standards.

About 8529 Nielson

Unique 4.1-acre horse property in Phelan with panoramic mountain and desert views. Fully fenced with automatic gated entry for privacy. Property features two homes on one lot. Main residence offers approx. 2,800 sq ft with open floor plan and spacious living areas. Second home is a 2 bedroom, 2 bath—ideal for multi-generational living, rental income, or guest quarters. Flat, usable acreage with endless possibilities for horses, corrals, RV storage, workshop, or expansion. Enjoy wide-open space and peaceful High Desert living—all offered at $599,000.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
180,774 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
47%
Baths2.02.0
50%
Square foot2,8002,016
84%
Lot Size180,77498,010
84%
Price$599.0K$498.0K
75%
Price per sq ft$214$246
23%
Built year19902003
32%
HOA$0$0
50%
Days on market7199
1%

Pricing History

Listed for Sale

Feb 28, 2026

$599,000

Initial Listing

Sold

May 28, 2021

$450,000

Public Record

Sold

Nov 13, 2009

$116,000

Public Record

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