1 Shasta Rd, Phelan, CA 92371
This exceptional 10-acre residential lot, located at 1 Shasta Rd, Phelan, CA 92371 (APN 3038-491-04), presents a unique opportunity to build a custom home in a desirable area. Situated conveniently on Shasta Road, south of Mesquite Road, the property offers easy access to utilities (buyer to verify). The lot is zoned PH/RL-5 and boasts breathtaking views of serene desert landscapes and snow-capped mountains. This peaceful setting provides the perfect backdrop for your future oasis, surrounded by beautiful estates and new high-end home construction, indicating a thriving and appreciating market. Property values have shown consistent increases, making this a sound investment. The recent acquisition of significant acreage nearby by the Buddhist Enlightenment Society further suggests positive community growth. Seller financing may be available, making this exceptional property even more accessible. Two adjacent parcels are also available for purchase. Don't miss this chance to create your dream home in this rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.