1608 Smiley Ridge, Redlands, California 92373, Redlands, 92373 - 5 bed, 4 bath
1608 Smiley Ridge
Redlands, California 92373
Property Price
SUMMARY
Analysis of 1608 Smiley Ridge, Redlands, California 92373 reveals a Prime Investment Opportunity with a current list price of $1,690,000—significantly undercutting the $1,748,406 Fair Market Value by 3%. This valuation gap indicates a +$58,406 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Redlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1990, making it 34 years old. While the description mentions 'wood flooring' and a 'bright, functional kitchen' with 'stainless-steel appliances' and 'recessed lighting,' these updates likely don't constitute a full, recent renovation of the main house. The 'classic leaded-glass windows' and overall brick exterior suggest a traditional style that, while well-maintained, is not contemporary. The primary bathroom features (dual sinks, separate shower, jetted tub) are functional but likely reflect the home's original or an older updated style. The significant positive is the 'newly remodeled guest house,' but this applies only to a portion of the property. The main house's kitchen and bathrooms, despite some functional updates, are likely dated in style and would require minor aesthetic updates to meet current trends. The property analysis also notes the age and potential need for system updates, aligning with the 'Fair' category, which describes homes built over 20 years ago (or 25-40 years with no major renovations) where major components are functional but show signs of being outdated.
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 = 44866, living area = 4559.
- Exclusive Gated Community
Located within the exclusive gated community of Smiley Ridge, offering enhanced security, privacy, and prestige.
- Panoramic Canyon Views
Features spectacular panoramic views of San Timoteo Canyon from multiple levels, significantly enhancing the property's aesthetic appeal and value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Property Age & Potential System Updates
Built in 1990, the property is 34 years old, meaning some core systems (e.g., HVAC, plumbing, electrical) may be original and could require future updates or maintenance.
- Ongoing HOA Fees
The property is subject to a monthly association fee of $295, which adds to the recurring cost of homeownership.
About 1608 Smiley Ridge
Magnificent home in the exclusive gated community of Smiley Ridge. This beautiful brick residence features classic leaded-glass windows that fill the home with natural light, charming brick planters, a front courtyard fountain, and mature landscaping throughout. Enjoy spectacular panoramic views of San Timoteo Canyon from multiple levels of the home. Inside, the 5-bedroom layout offers excellent flexibility. The main level features wood flooring and two bedrooms, including the primary suite with dual sinks, a separate shower, and a jetted soaking tub. Upstairs are three additional bedrooms plus a spacious family room/loft overlooking the living room below. The bright, functional kitchen includes stainless-steel appliances, a peninsula with a sink, and recessed lighting. A newly remodeled guest house sits above the garage with views of the pool—ideal for guests, multigenerational living, or a private office. The backyard is designed for privacy and enjoyment, bordered by brick walls and wrought-iron fencing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 44,866 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295.0 / Month
Neighborhood Insights
Redlands Unified Schools
Kimberly Elementary School
Grades K-5 • 1.1 mi
Cope Middle School
Grades 6-8 • 1.3 mi
Redlands Senior High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 4.0 | 2.0 | 79% |
| Square foot | 4,559 | 2,062 | 96% |
| Lot Size | 44,866 | 10,948 | 91% |
| Price | $1.69M | $789.9K | 96% |
| Price per sq ft | $371 | $383 | 38% |
| Built year | 1990 | 1963 | 82% |
| HOA | $295.0 | $0 | 97% |
| Days on market | 75 | 177 | 9% |
Pricing History
Price Change
Dec 22, 2025
$1,650,000
Initial Listing
Listed for Sale
Dec 22, 2025
$1,690,000
Initial Listing
Sold
Dec 10, 2014
$570,000
Public Record
Sold
Dec 5, 1994
$575,000
Public Record