116 Franklin, Redlands, California 92373, Redlands, 92373 - 5 bed, 3 bath
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116 Franklin
Redlands, California 92373
ACTIVE UNDER CONTRACT
CONDITION: GOOD
5Beds
3Baths
2,793Sq Ft
29,871Lot Size
Property Price
LIST PRICE$1,148,888
EST. MARKET VALUE
$1,148,888
SUMMARY
This Stunning Move-In Ready Home is listed at $1,148,888, offering exceptional value right at its $1,148,888 Fair Market Value. Featuring a modern kitchen with shaker cabinets, solar panels, and an Excellent Condition Rating, the property is primed for immediate occupancy. Situated on a massive 29,871 sqft lot with a private pool, spa, and deck, it offers a rare lifestyle sanctuary within the Redlands Unified School District. This property balances long-term stability with premium amenities, making it the perfect fit for a growing family or discerning owner-occupants seeking a polished, stress-free transition.
Estimated Market Value
$1,148,888
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 |
|---|---|---|---|---|---|---|
★ 116 Franklin Subject | $1,148,888* List Price | 5 | 3 | 2,793 | $411 | - |
A 1422 Henrietta Street Sold | $898,000 | 4 | 3 | 2,192 | $410 | 0.2 mi |
B 624 Fountain Avenue Sold | $850,000 | 4 | 2 | 1,818 | $468 | 0.6 mi |
C 21 W Hilton Avenue Active | $1,085,000 List Price | 4 | 3 | 2,282 | $475 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1948, the property has undergone significant updates including a modern kitchen with shaker cabinets and stainless appliances, solar panels, and updated flooring. It appears well-maintained and move-in ready, fitting the 5-15 year renovation profile.
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 = 29871, living area = 2793.
- Expansive Lot Size
The property features a massive 29,871 sqft lot, providing rare privacy and significant potential for outdoor amenities, landscaping, or an ADU in a prime residential area.
- Generous Living Accommodations
With 5 bedrooms and 2,793 sqft of living space, this home offers a spacious and functional floor plan suitable for large families or multi-generational living.
CONSRISKS & DEFICIENCIES
- Extended Market Time
The property has been on the market for 174 days, which may suggest a pricing misalignment or buyer hesitation that could affect its perceived value.
- Aging Infrastructure
Built in 1948, the home may require significant updates to major systems or cosmetic modernization to meet the expectations of contemporary luxury buyers.
About 116 Franklin
Welcome to 116 Franklin in the heart of Redlands! This beautiful home offers comfort, style, and convenience in a desirable neighborhood. Featuring spacious living areas, abundant natural light, and a functional floor plan, this property is perfect for everyday living and entertaining. Enjoy close proximity to schools, shopping, dining, and easy freeway access. A wonderful opportunity to own in one of Redlands’ most sought-after communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 29,871 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 3.8 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,793 | 1,801.644 |
| Lot Size | 29,871 | 8,387.844 |
| Price | $1.15M | $681.9K |
| Price per sq ft | $411 | $378 |
| Built year | 1948 | 1982 |
| HOA | $0 | $141 |
| Days on market | 215 | 55 |
Pricing History
Listed for Sale
Mar 26, 2026
$1,148,888
$1,200,000
-4% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$1,200,000
Initial Listing
Sold
Mar 18, 2022
$1,060,000
Public Record
Sold
Jun 29, 2018
$885,000
Public Record
Sold
Aug 20, 1998
$205,000
Public Record