1016 Webster, Redlands, California 92374, Redlands, 92374 - 2 bed, 1 bath
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1016 Webster
Redlands, California 92374
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
848Sq Ft
7,504Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$404,675
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $404,676 Fair Market Value by 1%. This valuation gap offers $5,676 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization and the potential for an ADU on the large 7,504 sqft lot. Located in the Redlands Unified School District, this is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$404,675
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1016 Webster Subject | $399,000* List Price | 2 | 1 | 848 | $477 | - |
A 887 Carlotta Court Sold | $353,000 | 3 | 1 | 987 | $358 | 0.3 mi |
B 1103 Alta Sold | $390,000 | 3 | 2 | 1,012 | $385 | 0.3 mi |
C 1231 Occidental Sold | $515,000 | 3 | 2 | 1,107 | $465 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, this 70-year-old home is functional but dated. The kitchen features original-style cabinetry and older countertops exceeding the 30-year mark, though it has been partially refreshed with newer floor tile and a stainless steel stove. While the interior shows some updates like laminate flooring, the overall property requires cosmetic modernization and yard rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7504, living area = 848.
- ADU & Expansion Potential
The generous 7,504 sqft lot provides significant space for a potential Accessory Dwelling Unit (ADU) or home expansion, offering excellent value-add opportunities for investors or multi-generational families.
- Competitive Entry-Level Pricing
Listed at $399,000, this property represents a rare and affordable entry point into the desirable Redlands market, making it an ideal choice for first-time homebuyers or flippers.
CONSRISKS & DEFICIENCIES
- Small Living Footprint
With only 848 square feet of living space and a single bathroom, the home's compact size may limit its appeal to larger families or those requiring more modern, spacious accommodations.
- Deferred Modernization
The property is in original or dated condition, requiring a buyer with the budget and vision to perform necessary updates and personalization to bring it up to contemporary standards.
About 1016 Webster
Charming single-story 2-bedroom, 1-bathroom. The home features a functional layout, 1-car garage, and a large lot with a spacious backyard. The property is ready for someone to make it their own, with plenty of potential to update and personalize. The large rear yard may also offer the potential to add an ADU, subject to city approval and applicable requirements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,504 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 2.6 |
| Square foot | 848 | 1,801.644 |
| Lot Size | 7,504 | 8,387.844 |
| Price | $399.0K | $681.9K |
| Price per sq ft | $471 | $378 |
| Built year | 1955 | 1982 |
| HOA | $0 | $141 |
| Days on market | 20 | 55 |
Pricing History
Listed for Sale
Aug 20, 2026
$399,000
Initial Listing
Sold
Aug 14, 2012
$116,000
Public Record