1505 Canterbury, Redlands, California 92374, Redlands, 92374 - 5 bed, 4 bath
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Redlands, California 92374
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $668,888—positioned well below the $734,041 Fair Market Value by 8%. This valuation gap offers $65,153 in Instant Equity for the buyer. With a Condition Rating of 3, the home features modern infrastructure like a Tesla charging station and updated electrical. Its versatile layout, including separate living quarters, makes it an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living near the University of Redlands.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1505 Canterbury Subject | $668,888* List Price | 5 | 4 | 2,388 | $307 | - |
A 1845 Furlow Drive Sold | $680,000 | 4 | 2 | 2,427 | $280 | 0.5 mi |
B 2050 Furlow Sold | $770,000 | 4 | 3 | 2,696 | $286 | 0.7 mi |
C 1001 Pomelo Ave. Sold | $735,000 | 4 | 2 | 2,106 | $349 | 1.0 mi |
D 1922 Alta Street Sold | $599,000 | 3 | 3 | 1,802 | $332 | 0.8 mi |
E 1926 Alta Pending | $650,000 List Price | 4 | 3 | 1,924 | $338 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1988, the property has undergone recent significant updates including fresh interior paint, new appliances, and new carpeting. Critical systems have been addressed with a new electrical panel and Tesla charging station. While the kitchen cabinetry and some bathroom tiling reflect older styles, the home is well-maintained, functional, and move-in ready.
The property features separate living quarters with a private entrance and bathroom, providing excellent versatility for an ADU, guest suite, or rental income opportunity.
Significant recent improvements including a new electrical panel, Tesla charging station, new appliances, and fresh interior finishes offer immediate value and move-in readiness.
Ideally situated near the University of Redlands and the 210 freeway, the home also boasts desirable mountain views, enhancing both lifestyle and long-term resale appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2388, other record living area = 1892. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1988, the property may have aging core systems such as plumbing or roofing that could require attention despite the recent cosmetic and electrical updates.
There is a notable inconsistency between the data-listed 5 bedrooms/4 bathrooms and the description's 4 bedrooms/3 bathrooms, which may lead to confusion during the appraisal or financing process.
Welcome to this beautifully updated home located in a desirable neighborhood in Redlands, California. This spacious property features 4 bedrooms and 3 bathrooms, including separate living quarters with its own private entrance and bathroom, offering excellent potential for an ADU, guest suite, studio, rental opportunity, or multigenerational living. The home has been recently updated with fresh interior paint, new appliances, recently installed carpet, updated fixtures throughout, a new electrical panel, and a Tesla charging station. The spacious two-car garage and large backyard provide plenty of room for entertaining, storage, or future possibilities. Conveniently located near the University of Redlands, shopping centers, dining, and just minutes from the 210 freeway, this property offers both comfort and convenience. With endless potential, a great layout, and a sought-after location, this home is truly a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 4.0 | 3.0 | 89% |
| Square foot | 2,388 | 1,688 | 78% |
| Lot Size | 8,100 | 7,241 | 70% |
| Price | $668.9K | $625.0K | 61% |
| Price per sq ft | $280 | $359 | 7% |
| Built year | 1988 | 1987 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 184 | 1% |
May 11, 2026
$668,888
Initial Listing
Jul 15, 2024
$625,000
Public Record