8560 Mesa Street, Phelan, California 92371, Phelan, 92371 - 4 bed, 2 bath

8560 Mesa Street, Phelan, California 92371 home-pic-0
ACTIVE$540,000
8560 Mesa Street, Phelan, California 92371
4Beds
2Baths
1,771Sqft
87,137Lot

Price Vs. Estimate

The estimated value ($516,380.22) is $23,619.78 (4%) lower than the list price ($540,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 87137, living area = 1771.
Top Cons:
Smaller Interior Square Footage: At 1771 sqft, the home is smaller than several comparable newer properties in the area, which may limit its appeal to buyers seeking more expansive living spaces.

Compared to the nearby listings

Price:$540.0K vs avg $490.0K (+$50,001)68%
Size:1,771 sqft vs avg 1,998 sqft33%
Price/sqft:$305 vs avg $25086%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a virtually new home. The exterior images show a pristine, modern structure with no signs of wear or deferred maintenance. The description highlights modern features such as paid solar panels and a covered patio, indicating that all components are new or virtually new and meet current quality standards.
Year Built
2022
Close
-
List price
$540K
Original List price
$555K
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
HD25077457
Home ConditionExcellent
Features
Patio
View-

About this home

PAID SOLAR PANELS!! Take advantage of this great opportunity to own a beautiful home with paid of solar panels. This 2022 home features 4 bedrooms and 2 baths. With 2 acres of land, this barely new home allows you to have the space to enjoy with family and friends. With covered patio on the back, you and your family can enjoy evenings in the wonderful and peaceful living in Phelan.

Condition Rating
Excellent

This property was built in 2022, making it a virtually new home. The exterior images show a pristine, modern structure with no signs of wear or deferred maintenance. The description highlights modern features such as paid solar panels and a covered patio, indicating that all components are new or virtually new and meet current quality standards.
Pros & Cons

Pros

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 = 87137, living area = 1771.
Modern Construction: Built in 2022, this is a nearly new home, offering contemporary design, modern building standards, and minimal immediate maintenance requirements.
Energy Efficiency: The property features paid solar panels, providing significant long-term savings on electricity bills and appealing to environmentally conscious buyers.
Expansive Lot Size: With 2 acres of land, the property offers ample space for privacy, outdoor activities, potential future expansion, or equestrian use, aligning with the rural appeal of Phelan.
Enhanced Outdoor Living: A covered patio in the back provides a dedicated space for outdoor relaxation and entertaining, adding value to the property's lifestyle offerings.
Competitive Pricing: The current list price of $540,000 reflects a reduction from the original $555,000, indicating potential value and seller motivation in the market.

Cons

Smaller Interior Square Footage: At 1771 sqft, the home is smaller than several comparable newer properties in the area, which may limit its appeal to buyers seeking more expansive living spaces.
Limited Bathroom Count: With only 2 bathrooms, the property offers fewer facilities compared to several newer comparable homes that feature 3 bathrooms, potentially impacting its competitiveness for larger families.
Lack of Detailed Interior Features: The property description does not highlight specific modern interior upgrades (e.g., quartz countertops, stainless steel appliances, premium flooring) that are often expected in a 2022 build and are detailed in competitive listings, potentially making it appear less premium.

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