2000 Chestnut Creek
Diamond Bar, CA, 91765
$1,560,000
MLS: WS26129126
Beds
4
Baths
2
Sq Ft
2,230
Lot
0.80 ac
Year Built
1963
MLS #
WS26129126
Days on Market
0
Listed
Jun 12, 2026
Description
Rare opportunity in one of Diamond Bar's most desirable neighborhoods! This property is being sold with city-approved plans to rebuild and expand the existing residence into an approximately 3,224 SF two-story home (buyer to verify). The current residence was previously affected by fire damage and presents an exceptional opportunity for investors, builders, or owner-users seeking to create their dream home. Enjoy breathtaking city lights and mountain views from the backyard, offering a spectacular setting for future outdoor living and entertaining. Located within an excellent school district and surrounded by well-maintained homes, this property combines location, views, and development potential in one unique package. Approved plans are included in the sale, providing significant time and cost savings compared to starting the design and permitting process from scratch. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Buyer to independently verify all permits, plans, square footage, development potential, and property condition with the appropriate governmental agencies.
Location
Diamond Bar, Los Angeles County, CA 91765
Open on Google Maps ↗Listed by: ANITA LEE · Wetrust Realty
Payment estimate
$11,403
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $156,000 · Loan: $1,404,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,893
- Property tax (1.25%)
- $1,625
- Homeowners insurance
- $300
- Mortgage insurance
- $585
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Diamond Bar home with as little as 3.5% down using an FHA loan — roughly $54,600 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
See Diamond Bar, CA 91765 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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