15820 Caterpillar Drive, Fontana, California 92336, Fontana, 92336 - 4 bed, 3 bath

15820 Caterpillar Drive, Fontana, California 92336 home-pic-0
ACTIVE$770,000
15820 Caterpillar Drive, Fontana, California 92336
4Beds
3Baths
2,311Sqft
938Lot

Price Vs. Estimate

The estimated value ($754,294.05) is $15,705.95 (2%) lower than the list price ($770,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Premium Upgrades: Built in 2023, this home includes numerous premium upgrades (e.g., flooring, electrical, appliances, finished backyard) already in the price, offering significant value and a move-in ready modern living experience.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 938, living area = 2311.

Compared to the nearby listings

Price:$770.0K vs avg $725.0K (+$45,000)67%
Size:2,311 sqft vs avg 2,060 sqft60%
Price/sqft:$333 vs avg $34544%

More Insights

Built in 2023 (2 years old).
Condition: This property is a new construction, built in 2023, and explicitly states it includes numerous 'PREMIUM UPGRADES' such as 'premium flooring, refined electrical package, upgraded sink and wall tiles, state-of-the-art appliances and custom countertops.' The images confirm a modern, pristine condition throughout, with contemporary finishes in the visible bathroom and overall living spaces. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
2023
Close
-
List price
$770K
Original List price
$770K
Price/Sqft
$333
HOA
$250
Days on market
-
Sold On
-
MLS number
PW25126540
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Here's an opportunity to own a new construction 4bed 3 bath home with LOFT and many PREMIUM UPGRADES already INCLUDED in the price tag, rather than having to pay for them individually to the homebuilder. Buying the same condo from the builder and adding the upgrades yourself, this home would easily cost you more! Some of the upgrades include premium flooring, refined electrical package, modified staircase, recessed receptacles, upgraded sink and wall tiles, state-of-the-art appliances and custom countertops, finished backyard and so many more to list. If you run the numbers, you will see what an amazing deal this house is. Nestled in one of Northern Fontana's most sought-after and newest neighborhoods, this thoughtfully designed two-story residence includes 4 spacious bedrooms and 3 bathrooms and a 2ND FLOOR LOFT. It offers the perfect combination of modern living and scenic beauty. Natural light pours into every room, creating a warm and inviting atmosphere. The home is equipped with solar panels under a low-cost lease agreement, providing peace of mind as you enjoy the freedom to run your appliances and air conditioning without worry. The community itself is a true gem, with scenic walking paths and hiking trails to explore. Just across from your new home, you’ll find a resort-style pool area, complete with outdoor showers, BBQ and picnic spots, a playground, and a pool designed specifically for children. This home offers not just a place to live, but a lifestyle. We look forward to helping you make it yours.

Condition Rating
Excellent

This property is a new construction, built in 2023, and explicitly states it includes numerous 'PREMIUM UPGRADES' such as 'premium flooring, refined electrical package, upgraded sink and wall tiles, state-of-the-art appliances and custom countertops.' The images confirm a modern, pristine condition throughout, with contemporary finishes in the visible bathroom and overall living spaces. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Premium Upgrades: Built in 2023, this home includes numerous premium upgrades (e.g., flooring, electrical, appliances, finished backyard) already in the price, offering significant value and a move-in ready modern living experience.
Resort-Style Community Amenities: Residents benefit from extensive community amenities, including a resort-style pool area with BBQ/picnic spots, a playground, and scenic walking/hiking trails, fostering an active and engaging lifestyle.
Energy-Efficient Solar Panels: The property is equipped with solar panels under a low-cost lease, providing substantial energy savings and promoting environmental sustainability, allowing for worry-free use of appliances and AC.
Functional & Spacious Layout: Featuring 4 bedrooms, 3 bathrooms, and a versatile 2nd-floor loft, the home offers a thoughtfully designed, spacious layout suitable for diverse family needs and modern living.
Mountain Views: The property boasts desirable mountain views, contributing to the 'scenic beauty' mentioned and enhancing the overall aesthetic appeal and living environment.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 938, living area = 2311.
Limited Private Outdoor Space: With a very small lot size of 938 sqft, the property offers minimal private outdoor space, which may not meet the expectations of buyers desiring a larger yard for recreation or gardening.
Recurring HOA Fees: The property is subject to a monthly association fee of $250.00, representing an ongoing additional cost that must be factored into the buyer's budget.
Leased Solar Agreement: The solar panels are under a lease agreement, which, while offering savings, can sometimes introduce complexities during resale or financing if the lease terms are not easily transferable or favorable to a new owner.

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