1148 Cherry Lane, Calimesa, California 92320, Calimesa, 92320 - 3 bed, 2 bath
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Calimesa, California 92320
This Updated Single-Family Residence is listed at $547,900, aligning perfectly with its $547,900 Fair Market Value to offer exceptional price stability. Boasting a Good Condition Rating, the home features extensive recent upgrades including new dual-pane windows, a modern HVAC system, and vinyl plank flooring. The expansive quarter-acre lot provides a covered patio, distant mountain views, and significant ADU Potential for future expansion. Located within the respected Yucaipa/Calimesa Unified district, this move-in ready home is an ideal match for Owner-Occupants or multi-generational families seeking space and versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1148 Cherry Lane Subject | $535,000* List Price | 3 | 2 | 2,004 | $267 | - |
A 384 Sandalwood Drive Sold | $600,000 | 4 | 3 | 2,090 | $287 | 0.3 mi |
B 1183 5th Sold | $533,000 | 3 | 2 | 1,572 | $339 | 0.1 mi |
C 406 Myrtlewood Drive Sold | $553,000 | 3 | 2 | 1,983 | $279 | 0.2 mi |
D 372 Sandalwood Drive Sold | $580,000 | 4 | 3 | 2,217 | $262 | 0.3 mi |
E 1156 3rd Street Sold | $600,000 | 4 | 3 | 1,890 | $317 | 0.4 mi |
F 951 Park Avenue Sold | $490,000 | 4 | 3 | 1,772 | $277 | 0.5 mi |
G 1192 Cherry Lane Active Under Contract | $515,000 List Price | 3 | 2 | 1,650 | $312 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This home, built in 1963, has undergone extensive recent updates including new interior and exterior paint, dual-pane windows, HVAC system, vinyl plank and carpet flooring, and new lighting, making it move-in ready. The kitchen and bathrooms are clean and functional with new flooring, but their overall style, particularly the cabinets, countertops, and built-in oven in the kitchen, and the vanities/tile in the bathrooms, appear to be refreshed older units rather than fully modern renovations. This prevents an 'Excellent' rating, but the significant system and cosmetic updates place it firmly in 'Good' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2004.
The home boasts significant recent upgrades including new interior and exterior paint, dual pane windows and sliding door, HVAC system, vinyl plank and carpet flooring, and new lighting, offering a modern and move-in ready condition.
The quarter-acre lot provides substantial space for an Accessory Dwelling Unit (ADU), offering excellent potential for rental income, multi-generational living, or increased property value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2004, other record living area = 1920.
The property was recently sold within the past year on 2025-09-25. The sold price is $455,500.00.
Built in 1963, while extensively updated, the underlying structure and some systems are older, which might lead to potential long-term maintenance considerations for components not explicitly replaced.
NEW HUGE PRICE IMPROVEMENT! Wonderfully updated home in this quiet family neighborhood of Calimesa. This home has 3 good-sized bedrooms, 2 full bathrooms, family room, dining room, office/media room, and huge great room. New interior and exterior paint, all new dual pane windows and sliding door, HVAC, new vinyl plank and carpet flooring, wood-burning fireplace, and new lighting. This quarter acre lot has a huge back yard with covered patio, large concrete slab on side of home, fruit trees, and with substantial space for an ADU.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,004 | 1,877.5 | 53% |
| Lot Size | 10,019 | 9,365.5 | 61% |
| Price | $535.0K | $564.0K | 36% |
| Price per sq ft | $267 | $295 | 33% |
| Built year | 1963 | 1973 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 175 | 36% |
Mar 18, 2026
$535,000
$547,900
-2% Price Drop
Initial Listing
Jan 30, 2026
$547,900
$557,900
-2% Price Drop
Initial Listing
Jan 18, 2026
$557,900
$569,900
-2% Price Drop
Initial Listing
Dec 12, 2025
$569,900
Initial Listing
Sep 25, 2025
$455,500
Public Record
Aug 10, 2023
$425,000
Public Record