Schaefer
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8087 Schaefer Avenue, Ontario, CA 91761

$7.84M3bd · 0ba · 1,800 sqft
Lot 4 sqft•Single Family Residence•
Active
•83d on market•MLS# V1-37713

Property Description

Sitting on the corner of Grove and Schaefer, this property has a 3+1 bedroom house, 2 car garage. Including a automotive repair garage with 3 repair stalls and several storage units. Property is zoned for agriculture. This property is in the future proposal for the 'Ontario Ranch Master Planned Community'. Great opportunity to build on future approved high density residential land up to 24 units per acre.

Features & Amenities

FeeBuilt 1941

Property Details

Land Type
Fee
Year Built
1941
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
None
City
Ontario
Zip Code
91761
County
San Bernardino
Listed byCentury 21 Masters, Julie Alvarez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$39,643.31
Principal & Interest
Loan Amount
$6,272,000
Total Interest
$7,999,590
Total Payment Over 30 Years
$14,271,590
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

8087 Schaefer Avenue, Ontario, CA 91761

Ontario · Single Family Residence

$7.84M
Luxury Tier
Beds
3
Baths
0
Sqft
1,800
Lot
3.92 ac
Year
1941
$/Sqft
$4356
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 988.9% above the median closed sale of $720,000. Price per sqft ($4,356) is a 981% premium to closed comps ($403). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $7.84M· $4,356/sqft
Total list price
Closed comps
vs closed median $720K
+$7.12M (+988.9%)
Active comps
vs active median $665K
+$7.17M (+1078.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $478
+$4K (+810.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1432 JOntario1963321,5007,620$480$720,000962
725 Ralston StreetOntario1945321,4607,208$455$665,0007261
1911 Holly AvenueOntario1964321,4569,000$515$750,0003061
1456 Tam O ShanterOntario1979321,4707,200$449$660,000160
616 E Sixth StOntario1951321,3187,710$493$650,000260
Total: 5 · Average3.02.01,440.87,747.6$478.4$689,00022.8
Median1,460$665,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2158 HOLLY AVEOntario197610/05/2026321,7687,150$738,000$720,000$4070.985266
3174 Silo PaseoOntario202609/30/2026331,7422,335$646,490$636,490$3650.983565
558 Harvard PlaceOntario194109/25/2026321,4987,306$759,990$740,000$4940.971464
3315 Primerose DriveOntario202210/06/2026321,9265,259$799,000$765,000$3970.965564
3182 Sprout PaseoOntario202609/28/2026331,9062,335$670,990$670,990$3521.003064
Total: 5 · Average3.02.41,7684,877$706,496$706,496$403—37.2
Median1,768$720,000$720,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.