11970 Walnut St, Bloomington, California 92316, Bloomington, 92316 - 5 bed, 4 bath
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Bloomington, California 92316
This Spacious Mediterranean-style residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $850,000 Fair Market Value by 6%. This valuation gap provides $51,000 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating due to its original 2004 finishes, the home features Granite Countertops, Solar Panels, and a layout optimized for multigenerational living. The nearly half-acre lot offers Panoramic Mountain Views and ADU potential within the Colton Unified district. This is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a high-utility asset with built-in equity.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category based on age. While the home is well-maintained and functional, the kitchen and bathrooms are dated, featuring original 2000s-era fluorescent light boxes and painted cabinetry rather than a full modern renovation. The inclusion of solar panels is a positive system update, but the overall interior aesthetic requires modernization to meet higher condition standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20037, living area = 2738.
With 5 bedrooms, 4 full bathrooms, and a layout featuring private suites on both levels, this home is perfectly configured for extended families or next-gen living arrangements.
The nearly half-acre lot includes RV parking, gated rear access, and a terraced backyard with ADU potential, offering rare versatility and significant space for outdoor expansion.
The main kitchen and primary living areas are located on the second floor, a non-traditional 'upside-down' layout that may be a deterrent for buyers seeking a standard ground-level living hub.
A recent $51,000 price reduction suggests the property may have faced initial market resistance or challenges with its valuation relative to the immediate Bloomington area.
**NEW IMPROVED PRICE!**Welcome to this beautiful Mediterranean-style home in the heart of Bloomington on a nearly half-acre lot. A rare combination of mountain views, modern comfort, and expansive outdoor space. With 5 bedrooms and 4 full bathrooms, the thoughtfully designed layout is ideal for multigenerational living. The main level features a bright living room filled with natural light, a private primary suite with granite countertops, two additional bedrooms with a shared dual-sink bathroom, and an indoor laundry room with direct access to the attached two-car garage. Upstairs offers an open-concept kitchen with granite countertops and abundant cabinetry that flows into a spacious family and dining area with tile flooring—perfect for everyday living and entertaining. Two oversized upstairs bedrooms each include their own private full bathroom, providing excellent separation for next-gen living arrangements. Step outside to a massive backyard with a large covered patio and terraced access to an elevated portion of the lot with sweeping mountain and city views—offering potential for an ADU, outdoor retreat, or additional entertainment space. The home also features solar, helping improve energy efficiency and reduce utility costs. Additional highlights include rear gated access, an extended driveway, and RV parking. Don’t miss this unique opportunity to own a spacious home with incredible potential—schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 1.5 |
| Square foot | 2,400 | 1,391.5 |
| Lot Size | 20,037.6 | 8,075 |
| Price | $775.0K | $547.7K |
| Price per sq ft | $323 | $448 |
| Built year | 2004 | 1959 |
| HOA | $0 | $0 |
| Days on market | 140 | 68 |
May 6, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Mar 4, 2026
$850,000
Initial Listing
Feb 15, 2005
$498,000
Public Record
Jul 7, 2004
$375,000
Public Record
Aug 19, 2003
$37,000
Public Record