
San Bernardino, California 92408
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $460,557 Fair Market Value by 2%. This valuation gap offers $10,557 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes an upgraded granite kitchen and a versatile bonus room with kitchenette. While the property requires TLC, the 12,420 sq. ft. lot and Redlands Unified School District location provide significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Spacious 3-bed home in Redlands Unified School District. Features large 12k sq ft lot, upgraded kitchen, and bonus room. Great value-add potential in San Bernardino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1575 S Tippecanoe Subject | $450,000* List Price | 3 | 2 | 1,513 | $304 | - |
A 1584 E Davidson Street Active | $549,900 List Price | 4 | 3 | 1,884 | $292 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the home shows signs of age but has received some updates including an upgraded kitchen with granite countertops and a solar panel installation. However, the listing explicitly states the home 'needs some TLC' and finishing touches, and visual evidence shows dated systems like wall heaters and worn exterior surfaces.
The property features an oversized 12,000+ sq. ft. lot that is fully fenced with a motorized front gate, providing exceptional privacy, security, and space for outdoor activities or storage.
In addition to the upgraded kitchen, the home includes a large bonus room with a kitchenette, offering excellent potential for a fourth bedroom, guest suite, or multi-generational living.
Situated within the desirable Redlands Unified School District, this home offers a significant location advantage for families prioritizing quality education.
The property is noted as needing 'TLC,' indicating that the buyer will need to invest additional time and capital into finishing touches and general maintenance.
The solar panel installation is nearing completion but not yet finished, which may present logistical challenges or additional costs to finalize the system after purchase.
Welcome to 1575 S Tippecanoe Avenue! This 3 bedroom, 2 bathroom home offers plenty of space, flexibility, and potential on an oversized 12,000+ sq. ft. lot that is fully fenced and has a motorized front gate securing the driveway. Inside, you’ll find an upgraded kitchen with granite countertops, along with a large bonus room featuring a kitchenette that could potentially serve as a 4th bedroom, guest space, home office, or additional living area. The property offers a great opportunity for a buyer looking to add their own finishing touches, as the home does need some TLC. A solar panel installation is also nearing completion, adding another notable feature to the property that could lead to lower electric bills if completed. Conveniently located within the Redlands Unified School District and less than half a mile from Costco, shopping, dining, and everyday conveniences are just minutes away. With its large lot, versatile floor plan, and convenient location, this property offers plenty of possibilities for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,513 | 1,336.28 |
| Lot Size | 12,420 | 7,410.822 |
| Price | $450.0K | $519.7K |
| Price per sq ft | $297 | $377 |
| Built year | 1958 | 1955 |
| HOA | $0 | $121 |
| Days on market | 14 | 61 |
Aug 26, 2026
$450,000
Initial Listing