7524 Olivine Road
Phelan, CA, 92371
$320,000
MLS: PW25252734
Beds
3
Baths
2
Sq Ft
1,600
Lot
1.02 ac
Year Built
1993
MLS #
PW25252734
Days on Market
150
Listed
Nov 3, 2025
Description
Recent FHA appraisal came in at $350,000. Escape to Tranquility: Your Dream Home in Phelan, CA. Discover the perfect blend of comfort and convenience in this charming 3-bedroom, 2-bathroom home nestled in the serene town of Phelan, CA. This spacious residence offers a unique opportunity to enjoy the peace and quiet of country living, while still being within easy reach of major cities and outdoor adventures. Prepare delicious meals in your open kitchen, featuring granite countertops. Unwind in your bathrooms, complete with a convenient walk-in bathtub. The converted 2-car garage provides a cozy and inviting multi-purpose room, perfect for a home office, entertainment area, or hobby space. Energy-Efficient Living: The recently updated roof and HVAC system, combined with the solar power system, ensures low utility bills and a sustainable lifestyle. Phelan is a hidden gem in the High Desert, offering a tranquil escape from the hustle and bustle of city life. Enjoy the stunning natural beauty of the surrounding mountains and desert landscapes, perfect for hiking, camping, and off-road adventures. With easy access to major highways, Phelan is conveniently located near popular destinations such as Big Bear Lake, Lake Arrowhead, and Joshua Tree National Park. The seller has priced this home below recently sold similar homes which makes this a tremendous value for a smart buyer. Don't miss this tremendous opportunity to own your piece of the High Desert with this New Improved Price!
Location
Phelan, San Bernardino County, CA 92371
Open on Google Maps ↗Listed by: Edgar Serratos · All SoCal Homes
Payment estimate
$2,523
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $32,000 · Loan: $288,000
- Principal & Interest
- $1,770
- Property tax (1.25%)
- $333
- Homeowners insurance
- $300
- Mortgage insurance
- $120
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 $11,200 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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