1781 E Forest Lane, San Bernardino, California 92404, San Bernardino, 92404 - 5 bed, 3 bath

1781 E Forest Lane, San Bernardino, California 92404 home-pic-0
ACTIVE$699,000
1781 E Forest Lane, San Bernardino, California 92404
5Beds
3Baths
3,042Sqft
10,461Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Potential: Explicitly designed for 'Live in one & rent out the other' with a separate, turnkey guest home, offering significant income or multi-generational living opportunities.
Top Cons:
Recent Price Adjustment: A recent price reduction from $715,000 to $699,000 could indicate a lack of initial market traction or suggest the property was initially overpriced.

Compared to the nearby listings

Price:$699.0K vs avg $505.0K (+$194,000)96%
Size:3,042 sqft vs avg 1,382 sqft99%
Price/sqft:$230 vs avg $3614%

More Insights

Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 17 years old, which falls within the 'Good' category for age. The description highlights 'Gorgeous Kitchen With Huge Walk-In Pantry,' 'Designer Ceiling Fans Throughout,' and 'Upgraded Fixtures And Dual-Paned Windows,' suggesting a well-maintained and updated interior. The guest home is described as 'ABSOLUTELY TURNKEY With A Very Modern Feel.' While direct, comprehensive images of the main kitchen and bathrooms are not provided, the available photos show clean, well-kept spaces with modern ceiling fans, good flooring (tile and carpet), and a well-maintained exterior. The overall impression is that the property is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' condition score.
Year Built
2007
Close
-
List price
$699K
Original List price
$715K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
IV25234065
Home ConditionGood
Features
Good View: Panoramic
Deck
Patio
ViewPanoramic

About this home

** LIVE IN ONE & RENT OUT THE OTHER ** ONLY FIVE MINUTES NORTH OF SAN BERNARDINO ** Located In The Foothills Of Waterman Canyon With Gorgeous Vista Views. Primary Home Is Two-Story 3 Bedroom, 2 Bathroom Home of 2,110 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 2nd Guest Home Of 932 Square Feet Is A Single-Story, Also With Gorgeous Views And An Extra Large Patio. It Boasts 2 Large Bedrooms And One 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 One Of The Most Unique Neighborhoods In The Area.

Condition Rating
Good

The property was built in 2007, making it 17 years old, which falls within the 'Good' category for age. The description highlights 'Gorgeous Kitchen With Huge Walk-In Pantry,' 'Designer Ceiling Fans Throughout,' and 'Upgraded Fixtures And Dual-Paned Windows,' suggesting a well-maintained and updated interior. The guest home is described as 'ABSOLUTELY TURNKEY With A Very Modern Feel.' While direct, comprehensive images of the main kitchen and bathrooms are not provided, the available photos show clean, well-kept spaces with modern ceiling fans, good flooring (tile and carpet), and a well-maintained exterior. The overall impression is that the property is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' condition score.
Pros & Cons

Pros

Income-Generating Potential: Explicitly designed for 'Live in one & rent out the other' with a separate, turnkey guest home, offering significant income or multi-generational living opportunities.
Prime Location & Panoramic Views: Situated in the unique Waterman Canyon foothills, offering gorgeous vista and panoramic views, a 'mountain village' feel, yet minutes from San Bernardino city and freeway access.
Modern Construction & Upgrades: Built in 2007, featuring upgraded fixtures, dual-paned windows, designer ceiling fans, a gorgeous kitchen with a walk-in pantry, and a modern aesthetic throughout.
Spacious & Functional Layout: The primary home boasts 2,110 sqft with huge cathedral ceilings, a massive living room, and a convenient downstairs bedroom with a full bathroom.
Turnkey Guest Home: The 932 sqft guest home is described as 'absolutely turnkey' with a modern feel, making it immediately ready for occupancy or rental.

Cons

Recent Price Adjustment: A recent price reduction from $715,000 to $699,000 could indicate a lack of initial market traction or suggest the property was initially overpriced.
San Bernardino Market Perception: Despite its unique enclave, the property's location within San Bernardino may face general market perceptions regarding school districts, crime rates, or property value appreciation trends compared to neighboring cities.
Single-Family Residence Classification for Dual Units: While offering two distinct living spaces, its classification as a 'Single Family Residence' might present complexities for financing, insurance, or legal separation for buyers intending to maximize rental income from two independent units.

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