1029 W Palm, Redlands, California 92373, Redlands, 92373 - 2 bed, 1 bath
1029 W Palm
Redlands, California 92373
Property Price
SUMMARY
Analysis of 1029 W Palm, Redlands, California 92373 reveals a property with a current list price of $649,000, which is 4% above the estimated $618,461 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Redlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1029 W Palm Subject | $649,000* List Price | 2 | 1 | 1,022 | $605 | - |
A 133 S San Mateo Sold | $685,000 | 3 | 2 | 1,160 | $591 | 0.9 mi |
B 325 Lakeside Avenue Sold | $609,000 | 3 | 2 | 1,250 | $487 | 0.8 mi |
C 716 W Olive Pending | $595,000 List Price | 2 | 1 | 925 | $643 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1900, this property has undergone an extensive and high-quality renovation, evident in every visible detail. The kitchen features modern stainless steel appliances, marble-look countertops, custom wood cabinetry, and a stylish exposed brick backsplash, all in excellent condition. The bathroom is equally impressive with dual vessel sinks, a large walk-in shower with modern fixtures, and a contemporary pebble-stone floor. Throughout the home, dark hardwood flooring, fresh paint, and updated lighting (recessed lights, modern chandeliers, ceiling fans) contribute to a virtually new interior feel. The exterior and outdoor entertainment areas have also been significantly upgraded with a bar, pizza oven, and covered seating, showing no deferred maintenance. This property meets the 'excellent' criteria for a recently and extensively renovated home.
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 = 10800, living area = 1022.
- Historic Charm & Modern Updates
The property features an 'Adorable Folk Victorian Cottage' exterior with a unique double-hipped roof and fret-sawn balusters, complemented by a tastefully 'upgraded interior' blending industrial and rustic farmhouse vintage styles.
- Premium Outdoor Entertainment
An 'upgraded yard perfect for entertaining' includes an attractive patio with a bar, pizza oven, and covered seating area, providing exceptional outdoor living and hosting capabilities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Historic Property Age
Built in 1900, the property's age may present potential challenges related to older infrastructure, ongoing maintenance requirements, or a lack of certain modern systems like central air conditioning.
- Limited Bedroom & Bathroom Count
With only 2 bedrooms and 1 bathroom, the property's capacity may be restrictive for larger households or buyers desiring additional private spaces or multiple full bathrooms.
About 1029 W Palm
Adorable Folk Victorian Cottage with an upgraded yard perfect for entertaining! A lovely front porch with fret-sawn balusters and a unique double-hipped roof give just a bit of simple historic charm to its facade, typical of Folk Victorians. You'll enter through a quaint foyer and discover an upgraded interior that is a blend of tasteful industrial and rustic farmhouse vintage. There are 2 bedrooms plus a nice open designer kitchen with a large island and lots of seating. The kitchen opens up to a cozy family room. You have plenty of areas to relax, garden, and entertain in the backyard and patio. Attractive updates in your entertainer's patio include a bar and a pizza oven, plus a covered seating area. The electric security gate to the backyard leads to a 2-car detached garage. Combined with your long driveway, you get plenty of covered and uncovered parking. Located just west of Prospect Park in South Redlands.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 10,800 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,022 | 2,060 | 8% |
| Lot Size | 10,800 | 10,948 | 49% |
| Price | $649.0K | $785.0K | 26% |
| Price per sq ft | $635 | $384 | 97% |
| Built year | 1900 | 1963 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 177 | 3% |
Pricing History
Listed for Sale
Jan 20, 2026
$649,000
Initial Listing
Sold
Jan 17, 2003
$130,000
Public Record