1148 Cherry Lane, Calimesa, California 92320, Calimesa, 92320 - 3 bed, 2 bath
1148 Cherry Lane
Calimesa, California 92320
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1148 Cherry Lane Subject | $547,900* List Price | 3 | 2 | 2,004 | $273 | - |
A 1183 5th Sold | $533,000 | 3 | 2 | 1,572 | $339 | 0.1 mi |
B 406 Myrtlewood Drive Sold | $553,000 | 3 | 2 | 1,983 | $279 | 0.2 mi |
C 372 Sandalwood Drive Sold | $580,000 | 4 | 3 | 2,217 | $262 | 0.3 mi |
D 1156 3rd Street Sold | $600,000 | 4 | 3 | 1,890 | $317 | 0.4 mi |
E 1116 7th Sold | $550,000 | 4 | 3 | 1,620 | $340 | 0.5 mi |
F 1210 3rd Street Sold | $505,000 | 3 | 2 | 1,440 | $351 | 0.4 mi |
G 384 Sandalwood Drive Active Under Contract | $625,000 List Price | 4 | 3 | 2,090 | $299 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
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 = 10019, living area = 2004.
- Extensive Recent Updates
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.
- ADU Potential
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2004, other record living area = 1920.
- Recently Sold Property
The property was recently sold within the past year on 2025-09-25. The sold price is $455,500.00.
- Original Construction Year
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.
About 1148 Cherry Lane
LOOK, 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 2,004 | 2,074 | 46% |
| Lot Size | 10,019 | 9,583 | 56% |
| Price | $547.9K | $580.0K | 26% |
| Price per sq ft | $273 | $287 | 41% |
| Built year | 1963 | 1988 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 177 | 13% |
Pricing History
Listed for Sale
Jan 30, 2026
$547,900
$557,900
-2% Price Drop
Initial Listing
Price Change
Jan 18, 2026
$557,900
$569,900
-2% Price Drop
Initial Listing
Price Change
Dec 12, 2025
$569,900
Initial Listing
Sold
Sep 25, 2025
$455,500
Public Record
Sold
Aug 10, 2023
$425,000
Public Record