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
313
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
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,623
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $32,000 · Loan: $288,000
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,870
- 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 Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
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 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.
Similar Homes Nearby
Active and pending listings in ZIP 92371 (Phelan)within ±10% of this home's price and size.
Local Market Stats
See Phelan, CA 92371 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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