***MAJOR DEVELOPMENT OPPORTUNITY*** Price REDUCED!!! Two parcels totaling 58.77 acres at the signalized intersection of Phelan Road and Johnson Road immediately adjacent to the Phelan Commercial area. Zoning is Special Development-Residential. Per County - front portion could be rezoned Commercial, and back portion could be some type of residential development. There are MANY possibilities for Highest and Best Use. Property is an investment owned by the Stanley E. Hanson Foundation. Covering more than 60 square miles, Phelan has an elevation that varies from 3,293 feet (1,004 m) to 4,910 feet (1,500 m) above sea level. The town center is at the corner of Phelan and Sheep Creek roads. The population of Phelan (2010 Census) is 14,304. The neighboring communities of Wrightwood and Pinon Hills frequent Downtown Phelan for shopping, and share a Middle School and High School.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.