
San Bernardino, California 92404
Analysis of 1781 E Forest Lane, San Bernardino, California 92404 is currently available with a list price of $599,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Bernardino 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.
Property is move-in ready.
The property is in well-maintained, turnkey condition and fits the criteria for a home built in 2007. It features clean carpets, neutral paint, and functional systems. While the kitchen and bathrooms are dated with original oak cabinetry and white appliances, the home is move-in ready with no immediate repairs required.
The property features two separate, turnkey residences on one lot with separate meters, offering a rare opportunity for high-yield rental income or multi-generational living with a projected $4,850 monthly market rent.
Built in 2007, the homes avoid the maintenance issues of older canyon properties, featuring contemporary upgrades, cathedral ceilings, dual-paned windows, and designer fixtures throughout.
Situated in the exclusive Waterman Canyon foothills, the property provides a serene 'mountain village' atmosphere with panoramic vista views while remaining just eight minutes from city amenities and freeway access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3042, other record living area = 1836.
Located in a canyon/foothill environment, the property is likely situated in a High Fire Hazard Severity Zone, which can lead to significantly higher insurance premiums and stricter vegetation management requirements.
The secluded nature of the enclave means there are no retail, dining, or school facilities within walking distance, making residents entirely dependent on vehicles for daily errands and services.
** TWO HOMES ON ONE LOT ** Located In An Exclusive Enclave In The Foothills Of Waterman Canyon With Gorgeous Vista Views! ONLY 8 MINUTES NORTH OF SAN BERNARDINO, Yet Another World. The Primary Home Is Two-Story 3 Bedroom, 2 Bathroom Home of 2,029 Square Feet With Huge Cathedral Ceilings And Massive Living Room. Gorgeous Kitchen With Huge Walk-In Pantry. Designer Ceiling Fans Throughout. Extra Large Walk-In Closet. Upgraded Fixtures And Dual-Paned Windows. One Bedroom With FULL Bathroom Downstairs. The Guest Home Of 1,013 Square Feet Is A Single-Story Home, Also With Gorgeous Views And An Extra Large Patio. It Boasts 2 Large Bedrooms And Dual-Sink Bathroom. Wide Open Floorplan. ABSOLUTELY TURNKEY With A Very Modern Feel. Waterman Canyon Is A Unique Enclave Of 35 Homes, It Feels Like A Mountain Village Yet ONLY EIGHT MINUTES FROM THE CITY! All Of The Neighboring Homes Are Approximately 15 Years Old. 1/4 Mile To Easy Freeway Access. A Rare Opportunity To Live In, Or Own Two In-Demand Rentals In One Of The Most Unique Neighborhoods In The Area. All Separate Meters **TURNKEY** The Total Market Rent For Both Units Is $4,850 Per Month With POSITIVE Cash Flow!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 3,042 | 1,335 | 97% |
| Lot Size | 10,461 | 8,300 | 78% |
| Price | $599.0K | $515.0K | 86% |
| Price per sq ft | $197 | $378 | 2% |
| Built year | 2007 | 1954 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 191 | 1% |
Apr 5, 2026
$599,000
$644,000
-7% Price Drop
Initial Listing
Mar 25, 2026
$644,000
Initial Listing
Dec 21, 2018
$442,000
Public Record
Sep 21, 2017
$400,000
Public Record