2 Shasta Rd, Phelan, CA 92371
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.
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
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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.