1418 Diamond Court, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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1418 Diamond Court
Redlands, California 92374
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,698Sq Ft
10,200Lot Size
Property Price
LIST PRICE$799,999
EST. MARKET VALUE
$686,668
16% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at a List Price of $799,999—positioned above the $686,668 Fair Market Value. While the current pricing reflects a premium, the 10,200 sqft lot provides significant upside for forced appreciation through an ADU or expansion. With a Fair Condition Rating (1981 build), the home requires modernization to reach its full potential. The expansive lot and proximity to the University of Redlands make this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a prime location.
Estimated Market Value
$686,668
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 |
|---|---|---|---|---|---|---|
★ 1418 Diamond Court Subject 3 bd · 2 ba · 1,698 sqft · $404 | $799,999* List Price | 3 | 2 | 1,698 | $404 | - |
A 1528 Lori Court Sold 3 bd · 2 ba · 1,966 sqft · $384 · 0.2 mi | $755,000 | 3 | 2 | 1,966 | $384 | 0.2 mi |
B 1010 Cimarron Court Sold 4 bd · 2 ba · 1,724 sqft · $403 · 0.5 mi | $695,000 | 4 | 2 | 1,724 | $403 | 0.5 mi |
C 331 Lido Street Sold 3 bd · 2 ba · 1,723 sqft · $339 · 0.4 mi | $583,500 | 3 | 2 | 1,723 | $339 | 0.4 mi |
D 608 Falcon Lane Sold 3 bd · 2 ba · 1,570 sqft · $376 · 0.5 mi | $590,000 | 3 | 2 | 1,570 | $376 | 0.5 mi |
E 1132 E Citrus Avenue Sold 4 bd · 3 ba · 1,766 sqft · $343 · 0.5 mi | $605,000 | 4 | 3 | 1,766 | $343 | 0.5 mi |
F 112 Morningside Sold 3 bd · 2 ba · 1,648 sqft · $379 · 0.5 mi | $624,000 | 3 | 2 | 1,648 | $379 | 0.5 mi |
G 927 Knightsbridge Sold 3 bd · 2 ba · 1,672 sqft · $410 · 0.9 mi | $685,000 | 3 | 2 | 1,672 | $410 | 0.9 mi |
H 235 Pinewood Court Pending 3 bd · 2 ba · 1,743 sqft · $390 · 0.2 mi | $679,000 List Price | 3 | 2 | 1,743 | $390 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the 'Fair' category due to its age and dated interior aesthetic. While the landscaping is excellent and the flooring appears to have been updated within the last 15-20 years, the lack of kitchen and bathroom highlights suggests these core areas are likely original or dated, requiring modernization to meet current market standards.
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 = 10200, living area = 1698.
- Expansive Lot Potential
The oversized 10,200 sqft lot offers significant versatility for future customization, including the potential for an ADU, swimming pool, or home expansion.
- Prime Location
Ideally situated in North Redlands near the University of Redlands, local schools, and major freeway access, providing excellent convenience for commuters and families.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1981 with no mention of recent major renovations, the home may require capital investment for modernizing interiors and systems.
- Market Positioning
With a list price of $799,999 for a 1,698 sqft 3-bedroom home, the property sits at a premium price point that may face scrutiny regarding its value-to-size ratio.
About 1418 Diamond Court
Welcome to this charming 3-bedroom, 2-bath home nestled on a generously sized lot in North Redlands. Offering a comfortable and functional floor plan, this home provides plenty of space for every day living, entertaining, and outdoor enjoyment. The spacious lot presents endless possibilities for gardening, recreation, entertaining or future customization such as, the addition of a backyard pool, ADU or additional square footage. Home is ideally located near shopping, dining, schools, parks, convenient freeway access and close to The University of Redlands, a highly regarded landmark of this historical community. Whether you're a first-time buyer, growing household, this North Redlands Home is an opportunity you won't want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 10,200 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 |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,698 | 1,784.033 |
| Lot Size | 10,200 | 8,391.033 |
| Price | $800.0K | $673.7K |
| Price per sq ft | $471 | $379 |
| Built year | 1981 | 1981 |
| HOA | $0 | $142 |
| Days on market | 19 | 57 |
Pricing History
Listed for Sale
Oct 5, 2026
$799,999
Initial Listing
Sold
Apr 6, 2010
$300,500
Public Record