1181 Chestnut, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 2 bath
1181 Chestnut
Beaumont, California 92223
Property Price
SUMMARY
Analysis of 1181 Chestnut, Beaumont, California 92223 reveals a property with a current list price of $475,000, which is 5% above the estimated $451,382 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Beaumont 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 |
|---|---|---|---|---|---|---|
★ 1181 Chestnut Subject | $475,000* List Price | 3 | 2 | 1,350 | $334 | - |
A 1028 Euclid Avenue Sold | $450,000 | 3 | 2 | 1,561 | $288 | 0.5 mi |
B 1292 N California Avenue Sold | $495,000 | 3 | 3 | 1,315 | $376 | 0.7 mi |
C 962 Massachusetts Avenue Sold | $520,000 | 3 | 2 | 1,220 | $426 | 0.4 mi |
D 717 Lions Lair Road Sold | $525,000 | 3 | 3 | 1,585 | $331 | 0.5 mi |
E 622 Faith Sold | $529,999 | 3 | 2 | 1,616 | $328 | 0.5 mi |
F 1160 Pennsylvania Avenue Active | $515,000 List Price | 4 | 2 | 1,486 | $347 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several key updates including a newer roof, granite countertops, stainless steel kitchen appliances, and upgraded bathrooms. While the home was built in 1963, the interior has been well-maintained and modernized with contemporary flooring and neutral paint, meeting the criteria for a property that has undergone significant updates without being a total new construction or full-scale recent renovation.
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 = 8276, living area = 1350.
- Move-In Ready Upgrades
The home features a newer roof, granite countertops, and upgraded bathrooms, ensuring a turnkey experience for the buyer in a well-maintained condition.
- Extensive Parking & RV Access
A very large driveway accommodates up to four vehicles or a small RV, complemented by a two-car attached garage, which is a rare find for the area.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1963, the property may require ongoing maintenance or future updates to older infrastructure systems typical of homes from this era.
- Lack of Scenic Views
The listing explicitly states there are no views, which may limit the property's competitive appeal compared to other homes in the San Gorgonio Pass area.
About 1181 Chestnut
Welcome to this beautiful single level home in the heart of Beaumont. It is located in a quiet established neighborhood and is very close to shopping centers and the 10 Fwy. It features a cozy fireplace in the living room, newer roof, granite counter tops, upgraded bathroom, 2 attached car garage, a very large driveway that is large enough for 4 cars, and large backyard with a patio cover. This home is in great condition and move-in-ready. No association and the special assessment is only $64.26
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 8,276 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 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,350 | 1,989 | 11% |
| Lot Size | 8,276 | 6,534 | 71% |
| Price | $475.0K | $530.0K | 29% |
| Price per sq ft | $352 | $261 | 90% |
| Built year | 1963 | 2007 | 10% |
| HOA | $0 | $155 | 29% |
| Days on market | 7 | 185 | 0% |
Pricing History
Listed for Sale
Feb 28, 2026
$475,000
Initial Listing
Sold
Nov 5, 2003
$184,500
Public Record
Sold
Nov 12, 1997
$80,000
Public Record