527 W Philadelphia Street, Ontario, California 91762, Ontario, - bed, bath

home-pic
ACTIVE$2,300,000
527 W Philadelphia Street, Ontario, California 91762
2Beds
2Baths
1,575Sqft
100,650Lot
Year Built
1975
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25126681
Home ConditionFair
Features
Good View: Mountain(s)
Pool
ViewMountain(s)

About this home

Spacious 2+ Acre Property with Development Potential in Ontario, CA Welcome to an exceptional opportunity in the heart of Ontario! This charming 2-bedroom, 2-bath single-family home sits on over 2 flat, usable acres, offering endless possibilities for expansion, investment, or personal enjoyment. Enjoy the convenience of a private pool, ideal for relaxing or entertaining, and the serenity of wide-open space—all while being just minutes from major freeways for easy commuting. The existing home is well-maintained and move-in ready, featuring comfortable living spaces and classic charm. With ample room to build, the property offers incredible potential for additional units, including a Junior ADU and a full-size ADU, making it perfect for multigenerational living or creating rental income streams. Whether you’re looking for a spacious private residence, a future investment, or a development project, this rare find delivers the flexibility and space to bring your vision to life.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (109 Listings)
Beds24
8%
Baths23
48%
Square foot1,5751,811
41%
Lot Size100,6507,200
98%
Price$2.3M$777K
99%
Price per square foot$1,460$419
99%
Built year19759880989
45%
HOA
Days on market152159
45%
Condition Rating
Fair

The property was built in 1975. The description mentions the existing home is well-maintained and move-in ready, but the image shows an aerial view, making it difficult to assess the interior condition of the kitchen and bathrooms. Given the age and lack of specific details about recent renovations, a 'fair' score is appropriate, suggesting it's aged but maintained with potential for updates.
Pros & Cons

Pros

Large Lot Size: The property boasts over 2 acres of flat, usable land, providing ample space for various development opportunities or personal enjoyment.
Development Potential: The property offers significant development potential, including the possibility of adding a Junior ADU and a full-size ADU, increasing its value and income potential.
Private Pool: The presence of a private pool enhances the property's appeal for relaxation and entertainment.
Convenient Location: The property is conveniently located near major freeways, facilitating easy commuting to surrounding areas.
Mountain Views: The property offers mountain views, adding to its aesthetic appeal and desirability.

Cons

Limited Bedrooms: The property only has 2 bedrooms, which may not be suitable for larger families or those desiring more living space.
Year Built: Built in 1975, the property may require updates to meet modern standards and preferences.
Higher Price Point: The list price of $2.3 million may be a barrier for some buyers, requiring a substantial investment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State