Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10601 Anderson Ranch Rd

Phelan, CA, 92371

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$485,000

MLS: CV25248265

Beds

2

Baths

2

Sq Ft

1,421

Lot

5.00 ac

Year Built

1945

MLS #

CV25248265

Days on Market

1

Listed

Oct 28, 2025

Description

This is your CHANCE to own this amazing home sitting on a generous 5 Acre flat lot in Phelan. Property features 2 bedrooms, 2 bathrooms, and approximately 1,421 sq ft of living space. It has laminated wood flooring, title and carpet. 14 kilowatt horse solar system, a very large porch for parking. Enjoy the peaceful 5 acre lot, ideal for relaxing or entertaining under the stars. Zoned for rural living, the expansive lot offers endless potential—bring your horses, space for your truck, toys, crops, ATVs, or simply enjoy wide open space, privacy, or future expansion. Located minutes from Hwy 138 and within the Snowline School District. Don’t miss the opportunity to own this one-of-a-kind rustic retreat! Having 5 acres means it could be subdivided into 2 separate parcels. Buyer to conduct their own due diligence with the county in regard to land use, etc. Great opportunity for a first time buyer or an investor who likes having options. Schedule your showing today and imagine the possibilities.

Location

Phelan, San Bernardino County, CA 92371

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Listed by: Irma Arias · COLDWELL BANKER LEADERS

Payment estimate

$3,669

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $48,500 · Loan: $436,500

%
Principal & Interest
$2,682
Property tax (1.25%)
$505
Homeowners insurance
$300
Mortgage insurance
$182
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Phelan home with as little as 3.5% down using an FHA loan — roughly $16,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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