
Phelan, California 92371
This 3-Acre Residential Property is a High-Potential Investment Opportunity, listed at $639,000—positioned well above the $555,768 Fair Market Value by -14%. While priced above current estimates, the property features a Condition Rating of 3, boasting a modernized kitchen and a versatile potential ADU for rental income. With panoramic mountain views and expansive space for RVs or horses, this asset offers significant lifestyle utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution in the High Desert.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8767 Malpaso Road Subject 3 bd · 2 ba · 2,035 sqft · $273 | $639,000* List Price | 3 | 2 | 2,035 | $273 | - |
A 4626 Sundown Pending 4 bd · 2 ba · 2,155 sqft · $269 · 0.9 mi | $579,900 List Price | 4 | 2 | 2,155 | $269 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985, the home has been well-maintained and features significant recent updates including newer vinyl flooring, an upgraded kitchen with stone countertops and a center island, and refreshed bathrooms. While some dated elements like popcorn ceilings remain, the property is move-in ready and functional, meeting the criteria for a 5-15 year renovation status.
The property includes a bonus office and a potential ADU with its own bedroom, bathroom, and kitchenette, offering excellent flexibility for rental income or extended family living.
The home features a beautifully remodeled kitchen with stone countertops and a center island, along with upgraded bathrooms and newer vinyl flooring, providing a move-in-ready aesthetic.
The massive, fully fenced lot offers panoramic mountain views, solar panels, and ample space for RV parking, storage, or horse property potential, catering to an active outdoor lifestyle.
Located in the High Desert, the property may result in longer commute times to major employment hubs and limited immediate access to urban amenities and shopping.
Managing a three-acre desert parcel requires significant ongoing effort and expense for weed abatement, dust control, and perimeter fence maintenance.
FOR SALE OR LEASE – PICTURESQUE PHELAN PROPERTY WITH STUNNING MOUNTAIN & DESERT VIEWS! Welcome to 8767 Malpaso Rd, a lovely 3-acre property offering space, privacy, beautiful scenery, and the opportunity to enjoy the peaceful High Desert lifestyle. This 3-bedroom, 2-bathroom home offers approximately 2,035 square feet of comfortable living space, plus a bonus office and additional flexible living space. Plus a potential ADU for extended family or extra income. Step inside to a warm and inviting interior featuring beautiful beamed ceilings, newer vinyl flooring, and a cozy fireplace in the living room. The upgraded kitchen is a true focal point, featuring updated cabinetry, stone countertops, a large center island with seating, and plenty of workspace for cooking and entertaining. The bathrooms have also been upgraded, adding a fresh and modern touch. A bonus office room provides a dedicated space for working from home, hobbies, or study, while the inside laundry room adds everyday convenience. The potential ADU offers a bedroom, bathroom, and kitchenette, providing exciting possibilities for extended family, guests, a private workspace, or additional living space. Outside, enjoy picturesque desert and mountain views from this fully fenced 3-acre property. A cement driveway, several storage sheds, and solar panels add functionality and convenience. The expansive grounds also offer plenty of parking for your RV or desert toys! Potential for horse property or other outdoor uses, subject to county requirements and buyer verification. Whether you're looking for room to spread out, a peaceful country-style setting, space for hobbies and storage, or simply a place to enjoy spectacular High Desert views, this property offers plenty of possibilities. Offered for SALE OR LEASE – Come experience the views, space, and unique character of 8767 Malpaso Rd!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,035 | 1,899 |
| Lot Size | 130,680 | 96,617.522 |
| Price | $639.0K | $474.3K |
| Price per sq ft | $314 | $253 |
| Built year | 1985 | 1996 |
| HOA | $0 | $0 |
| Days on market | 24 | 88 |
Oct 1, 2026
$639,000
Initial Listing
Jun 10, 2022
$349,500
Public Record