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    OFF-MARKET
    Land

    2 Shasta Rd, Phelan, CA 92371

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre parcel, located at 2 Shasta Road in Phelan, California (APN 3038-491-02), presents a unique opportunity to build a custom home. Zoned PH/RL-5, this property offers breathtaking views and a tranquil desert setting, complete with snow-capped mountain vistas and spectacular night skies. Conveniently situated just south of Mesquite Road, the lot provides readily accessible power and water connections via neighboring properties. The area is experiencing significant growth, with high-end residential construction underway nearby, including projects adjacent to this property. Recent increases in property values underscore the strong investment potential. The location also benefits from the recent acquisition of a large parcel by the Buddhist Enlightenment Society just half a mile to the south, further indicating community development. Two neighboring parcels are also available for purchase, presenting potential for larger-scale development. This is an exceptional opportunity to create your dream home in a desirable and rapidly appreciating area. The asking price is $80,000.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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