1781 E Forest Lane, San Bernardino, California 92404, San Bernardino, 92404 - 5 bed, 3 bath
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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.
Built in 2007, this property is 17 years old and appears to be in very good, move-in ready condition with no immediate renovations required. The home features upgraded fixtures, dual-paned windows, and designer ceiling fans. While the kitchen and bathroom cabinets (light oak), countertops (laminate/cultured marble), and white appliances are clean and functional, their style is somewhat dated and not considered 'modern' by current standards. However, there is no visible wear and tear or deferred maintenance, aligning well with the 'Good' category criteria.
The property features two distinct homes ('Live in one & rent out the other'), offering significant income potential, multi-generational living options, or dedicated space for a home office/guest quarters.
Nestled in the foothills of Waterman Canyon, the property boasts gorgeous vista views and is part of a unique, newer enclave of 35 homes, providing a 'mountain village' feel while being only minutes from the city.
Built in 2007, both homes feature upgraded fixtures, dual-paned windows, designer ceiling fans, and a 'gorgeous kitchen with huge walk-in pantry' in the main house, with the guest home being 'absolutely turnkey with a very modern feel'.
The property has undergone multiple price reductions from its original list price of $715,000 to the current $669,000, which may suggest an initial overestimation of market value or a slower-than-anticipated buyer interest.
While the guest home is noted to have an 'Extra Large Patio,' the description lacks detailed information regarding the private outdoor living areas for the main residence, which could be a consideration for buyers seeking ample personal yard space.
The dual-residence setup, while a significant strength for some, caters to a specific buyer demographic (e.g., investors, multi-generational families), potentially narrowing the overall pool of traditional single-family home buyers.
** 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 | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 83% |
| 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 | 197 | 194 | 55% |
Apr 5, 2026
$599,000
$644,000
-7% Price Drop
Initial Listing
Mar 27, 2026
$644,000
$669,000
-4% Price Drop
Initial Listing
Jan 19, 2026
$669,000
$699,000
-4% Price Drop
Initial Listing
Nov 5, 2025
$699,000
$715,000
-2% Price Drop
Initial Listing
Oct 7, 2025
$715,000
Initial Listing