7524 Olivine Road, Phelan, CA 92371
7524 Olivine Road, Phelan, CA 92371
Property Description
Recent FHA appraisal came in at $350,000. Escape to Tranquility: Your Dream Home in Phelan, CA. Discover the perfect blend of comfort and convenience in this charming 3-bedroom, 2-bathroom home nestled in the serene town of Phelan, CA. This spacious residence offers a unique opportunity to enjoy the peace and quiet of country living, while still being within easy reach of major cities and outdoor adventures. Prepare delicious meals in your open kitchen, featuring granite countertops. Unwind in your bathrooms, complete with a convenient walk-in bathtub. The converted 2-car garage provides a cozy and inviting multi-purpose room, perfect for a home office, entertainment area, or hobby space. Energy-Efficient Living: The recently updated roof and HVAC system, combined with the solar power system, ensures low utility bills and a sustainable lifestyle. Phelan is a hidden gem in the High Desert, offering a tranquil escape from the hustle and bustle of city life. Enjoy the stunning natural beauty of the surrounding mountains and desert landscapes, perfect for hiking, camping, and off-road adventures. With easy access to major highways, Phelan is conveniently located near popular destinations such as Big Bear Lake, Lake Arrowhead, and Joshua Tree National Park. The seller has priced this home below recently sold similar homes which makes this a tremendous value for a smart buyer. Don't miss this tremendous opportunity to own your piece of the High Desert with this New Improved Price!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Phelan · Manufactured On Land
Listed 9.3% below the median closed sale of $353,000. Price per sqft ($200) is a 23% discount to closed comps ($261). Closed comps sold at 100% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7933 7th | Phelan | 1988 | 3 | 2 | 1,440 | 88,862 | $208 | $300,000 | 29 | 80 |
| 11975 Barbet | Phelan | 1992 | 3 | 2 | 1,292 | 90,169 | $284 | $367,000 | 86 | 79 |
| 12037 Cordero | Victorville | 1987 | 2 | 2 | 868 | 79,279 | $334 | $290,000 | 39 | 62 |
| 14552 Caughlin | Phelan | 1987 | 2 | 1 | 960 | 166,834 | $297 | $285,000 | 39 | 56 |
| 5885 Dos Palmas | Phelan | 1979 | 2 | 2 | 1,425 | 87,202 | $228 | $325,000 | 160 | 56 |
| Total: 5 · Average | 2.4 | 1.8 | 1,197 | 102,469.2 | $270.2 | $313,400 | 70.6 | |||
| Median | 1,292 | $300,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12782 Atsina Road | Phelan | 1989 | 11/07/2025 | 3 | 2 | 1,248 | 54,450 | $320,000 | $330,000 | $264 | 1.03 | 190 | 84 |
| 6833 South | Phelan | 1989 | 04/28/2026 | 3 | 2 | 1,440 | 96,267 | $339,000 | $339,000 | $235 | 1.00 | 116 | 66 |
| 14460 Nevada | Phelan | 2020 | 05/14/2026 | 4 | 2 | 1,760 | 103,237 | $375,000 | $367,000 | $209 | 0.98 | 94 | 59 |
| 11065 Pacific Road | Phelan | 1988 | 11/21/2025 | 3 | 2 | 1,248 | 89,733 | $349,900 | $353,000 | $283 | 1.01 | 105 | 56 |
| 5981 La Mesa Road | Phelan | 1980 | 06/17/2026 | 2 | 2 | 1,152 | 100,623 | $362,000 | $362,000 | $314 | 1.00 | 61 | 56 |
| Total: 5 · Average | 3.0 | 2.0 | 1,369.6 | 88,862 | $350,200 | $350,200 | $261 | — | 113.2 | ||||
| Median | 1,248 | $353,000 | $353,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.