1617 Waterford, Redlands, California 92374, Redlands, 92374 - 4 bed, 3 bath
1617 Waterford
Redlands, California 92374
Property Price
SUMMARY
Analysis of 1617 Waterford, Redlands, California 92374 reveals a Fairly Priced Property with a current list price of $749,000 aligned with the estimated $749,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 Waterford Subject | $749,000* List Price | 4 | 3 | 2,136 | $351 | - |
A 907 Knightsbridge Lane Sold | $695,000 | 4 | 3 | 2,084 | $333 | 0.0 mi |
B 29 Meadowbrook Sold | $699,900 | 4 | 3 | 1,927 | $363 | 0.6 mi |
C 941 Kensington Drive Sold | $689,000 | 3 | 2 | 1,750 | $394 | 0.1 mi |
D 1107 Via San Remo Sold | $659,000 | 4 | 3 | 2,041 | $323 | 0.3 mi |
E 1578 Silver Cup Sold | $742,500 | 4 | 3 | 2,556 | $290 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1987, this property has undergone extensive and recent renovations, particularly in the kitchen and all three bathrooms, which are key indicators of property condition. The kitchen features new Quartz countertops, newer cabinetry with soft-close drawers, recessed lighting, and newer stainless steel appliances, presenting a modern and high-quality finish. All bathrooms have been updated with new vanities, toilets, and custom tile work in the primary bath, making them virtually new. The property also boasts updated laminate wood grain flooring and upgraded padded carpet, along with the significant addition of solar panels. The overall aesthetic is fresh, modern, and meticulously maintained, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. While central AC isn't explicitly mentioned, the quality and recency of other major updates elevate its condition significantly.
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 = 9750, living area = 2136.
- Backyard Oasis with Pool & Spa
The property boasts a beautifully landscaped backyard featuring a sparkling pool, relaxing spa, multiple lounging areas, fruit trees, and a covered patio, creating an ideal space for entertainment and relaxation.
- Solar Panels for Energy Efficiency
Equipped with solar panels, the home offers significant savings on electricity bills, appealing to environmentally conscious buyers and reducing long-term ownership costs.
CONSRISKS & DEFICIENCIES
- Potential Lack of Central Air Conditioning
The description highlights ceiling fans but does not explicitly mention a central air conditioning system, which could be a significant comfort concern during Redlands' hot summer months.
- Age of Property
Despite numerous updates, the home's original construction year of 1987 means some underlying systems or structural elements may be older, potentially requiring future maintenance or upgrades not covered by recent cosmetic renovations.
- Price Reduction History
The property has seen a recent price reduction from $769,000 to $749,000, which might suggest it was initially overpriced or has experienced longer market time, potentially raising questions for prospective buyers about its market value.
About 1617 Waterford
Welcome to your dream home! This stunning 4-bedroom, 3-bath residence perfectly blends comfort, style spacious living areas, modern updates, and an incredible backyard! The double door entry greets you with a spacious Living Room featuring Vaulted Ceilings with wood beam, laminate wood grain flooring, natural lighting with large windows and a brick fireplace. The living room flows into a formal dining area with a sliding glass door leading to the backyard. The updated kitchen features new Quartz countertops, newer cabinetry with soft close drawers/doors and lazy-susan, recessed lighting, newer appliances, tiled backsplash, pop out window facing the backyard and a breakfast counter bar. Additional Breakfast nook area flows into the family room/den. Family room features a brick fireplace, sliding glass door leading to the backyard, ceiling fan and a unique decorative wood wall. The downstairs bedroom is spacious and perfect for guests and/or an office. Downstairs bathroom has a new sink/vanity and bidet toilet. Staircase has wood flooring that leads to and open area with extra linen cabinetry. The upstairs hall bathroom has a new vanity and toilet. The Primary Bedroom is very spacious! Featuring a brick fireplace, ceiling fan, vaulted ceiling, large walk in closet and a sliding glass door to the private and peaceful deck area where you can take in the mountain views with your morning coffee! The Primary Bathroom has a brand new dual vanity sink and granite countertop, tub/shower combo with custom tile and decorative glass door, skylight and new bidet toilet. Two additional spacious bedrooms all with ceiling fans and upgraded padded carpet. Individual indoor laundry room with cabinetry and sink. Step outside to your own backyard oasis! The beautifully landscaped yard features a sparkling pool and relaxing spa—perfect for summer gatherings or quiet evenings under the stars. With multiple lounging areas, room for outdoor dining, covered patio with ceiling fans, mature trees and plants and center block wall surrounding the property. Two producing Avocado trees, a lemon and lime tree and classic California palm trees. This space is a hummingbird paradise truly inviting you to unwind and enjoy the best of California living. Solar Panels keep the electric bills low!! Two car garage with insulated door, cabinets, work bench and 16x22 ft attic storage space. Close to great schools, parks, and shopping, this home offers the perfect blend of comfort and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 9,750 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,136 | 1,680 | 75% |
| Lot Size | 9,750 | 7,200 | 87% |
| Price | $749.0K | $619.9K | 83% |
| Price per sq ft | $351 | $370 | 40% |
| Built year | 1987 | 1985 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 171 | 16% |
Pricing History
Listed for Sale
Jan 17, 2026
$749,000
$769,000
-3% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$769,000
Initial Listing
Sold
May 2, 2018
$466,500
Public Record
Sold
Aug 27, 1999
$189,000
Public Record
Sold
Jun 22, 1994
$179,000
Public Record