2040 Tangelo Lane, Redlands, California 92374, Redlands, 92374 - 3 bed, 3 bath
2040 Tangelo Lane
Redlands, California 92374
Property Price
SUMMARY
Analysis of 2040 Tangelo Lane, Redlands, California 92374 reveals a Fairly Priced Property with a current list price of $661,000 aligned with the estimated $656,207 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 |
|---|---|---|---|---|---|---|
★ 2040 Tangelo Lane Subject | $661,000* List Price | 3 | 3 | 1,816 | $361 | - |
A 2040 Meyer Lane Sold | $649,000 | 3 | 3 | 1,816 | $357 | 0.0 mi |
B 2183 Bergamot Street Sold | $584,000 | 3 | 3 | 1,648 | $354 | 0.3 mi |
C 2163 Bergamot Street Sold | $584,000 | 3 | 3 | 1,648 | $354 | 0.2 mi |
D 2167 Bergamot Street Sold | $589,000 | 3 | 3 | 1,648 | $357 | 0.3 mi |
E 2161 Bergamot Street Sold | $612,000 | 3 | 3 | 1,815 | $337 | 0.2 mi |
F 2064 Meyer Lane Sold | $677,000 | 4 | 3 | 2,020 | $335 | 0.0 mi |
G 2069 Meyer Lane Pending | $670,000 List Price | 3 | 3 | 1,816 | $369 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand new construction home, built in 2025, as explicitly stated in the description. All components, including the kitchen, bathrooms, appliances, and systems, are new, energy-efficient, and meet current quality standards with no deferred maintenance. The floor plan indicates a modern, open-concept layout.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
As a 2025 build, this home offers modern design, contemporary features, and the peace of mind of builder warranties, eliminating immediate maintenance concerns for buyers.
- Exceptional Energy Efficiency
The home is built with innovative, energy-efficient features designed to provide significant utility savings, enhanced comfort, and a healthier living environment.
- Versatile & Open Floor Plan
Features an open first-floor layout, a spacious upstairs loft perfect for family needs, and private entry-level suites, offering flexible and functional living spaces.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 3500 sqft lot is relatively small for a single-family residence, which may limit outdoor living space and appeal to buyers seeking larger yards.
- Monthly HOA Dues
The property is subject to an $84 monthly association fee, adding to the ongoing cost of homeownership that some buyers may prefer to avoid.
- Recent Price Reductions
Multiple price adjustments from the original listing price could indicate a perceived overvaluation or slower market absorption, potentially raising buyer inquiries.
About 2040 Tangelo Lane
Brand new, energy-efficient home available NOW! Open first-floor creates a unified living space with a large great room that overlooks the kitchen and dining area. Upstairs loft can be used to best fit your family's needs and perfect for movie nights. Alder at Live Oak is now selling with designer-decorated model homes in Redlands, CA offering a collection of two-story floorplans. These single-family homes boast private, entry-level suites, spacious lofts, walk-in laundry rooms and large backyards. Each energy-efficient home also comes standard with features that go beyond helping you save on utility bills—they allow your whole family to live better and breathe easier too. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $84.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 1,816 | 1,680 | 57% |
| Lot Size | 3,500 | 7,200 | 20% |
| Price | $661.0K | $619.9K | 63% |
| Price per sq ft | $364 | $370 | 48% |
| Built year | 2025 | 1985 | 80% |
| HOA | $84.0 | $0 | 66% |
| Days on market | 60 | 171 | 5% |
Pricing History
Listed for Sale
Feb 5, 2026
$661,000
$679,500
-3% Price Drop
Initial Listing
Price Change
Feb 3, 2026
$679,500
$674,500
+1% Price Increase
Initial Listing
Price Change
Jan 6, 2026
$674,500
Initial Listing