
Redlands, California 92374
This Value-Add Residential Asset is listed at $699,000, offering a substantial footprint relative to its $602,700 Fair Market Value. Currently maintaining a Fair Condition Rating, the property features original 2005 builder-grade finishes and dated cabinetry, presenting a clear opportunity for forced appreciation through cosmetic updates. The expansive 3,116 sqft layout includes a versatile downstairs office and a massive upstairs loft, all situated within the sought-after Redlands Unified School District. This home is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build equity through personalized renovations in a stable market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1084 Tangerine Dr. Subject | $699,000* List Price | 4 | 3 | 3,116 | $193 | - |
A 1837 River Bend Drive Sold | $735,000 | 4 | 3 | 3,116 | $236 | 0.1 mi |
B 1230 Cantania Drive Sold | $740,000 | 4 | 3 | 3,027 | $244 | 0.4 mi |
C 1581 Margit Street Sold | $710,000 | 4 | 3 | 2,990 | $237 | 0.4 mi |
D 1564 Rose Street Sold | $785,000 | 4 | 3 | 3,464 | $227 | 0.4 mi |
E 1107 Alexis Lane Sold | $680,000 | 4 | 3 | 2,681 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the home is nearly 20 years old and retains its original builder-grade finishes. The kitchen features dated oak cabinetry, white tile countertops, and white appliances. Interior images show signs of wear including stained carpeting and missing electrical outlet covers, which aligns with the listing description stating the home is ready for updates and customization.
The 3,116 sqft layout features a downstairs office and a massive upstairs loft, offering the flexibility to easily convert spaces into a 5th bedroom or multiple dedicated workspaces.
Built in 2005, the home benefits from contemporary building codes and a desirable open-concept design that connects the kitchen and main living areas seamlessly.
The property is positioned as a 'blank canvas' ready for updates, allowing buyers to customize finishes to their taste while potentially increasing the home's market value.
The home requires cosmetic modernization and updates throughout, which may be a deterrent for buyers looking for a move-in-ready residence without immediate additional costs.
Given the large interior square footage, the 7,150 sqft lot provides a relatively modest backyard space compared to the overall scale of the home.
This spacious two-story home offers 4 bedrooms plus a downstairs office and a large loft, giving you plenty of flexibility. The office could easily function as a 5th bedroom. The layout features a large primary suite and an open kitchen that flows into the main living areas, creating a comfortable and functional space. Upstairs, the oversized loft adds even more room for a second living area, workspace, or additional use. The home is ready for updates, a great opportunity to make it your own and customize finishes to your style over time.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,116 | 1,682 | 92% |
| Lot Size | 7,150 | 7,200 | 49% |
| Price | $699.0K | $620.0K | 73% |
| Price per sq ft | $224 | $364 | 2% |
| Built year | 2005 | 1986 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 191 | 1% |
Mar 25, 2026
$699,000
Initial Listing
Jan 11, 2005
$460,500
Public Record