259 E Crescent Avenue, Redlands, California 92373, Redlands, 92373 - 5 bed, 3 bath

259 E Crescent Avenue, Redlands, California 92373 home-pic-0
ACTIVE$1,200,000
259 E Crescent Avenue, Redlands, California 92373
5Beds
3Baths
3,332Sqft
11,634Lot

Price Vs. Estimate

The estimated value ($1,177,117.815) is $22,882.185 (1%) lower than the list price ($1,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Living & Income Potential: The property offers a rare opportunity with two homes on one lot, providing flexibility for multi-generational living or significant rental income potential from the second unit.
Top Cons:
Unpermitted ADU: The additional dwelling unit (ADU) is unpermitted, which presents potential legal and financial risks for the buyer, including compliance issues and difficulty with financing or insurance.

Compared to the nearby listings

Price:$1.20M vs avg $822.0K (+$378,000)83%
Size:3,332 sqft vs avg 2,110 sqft83%
Price/sqft:$360 vs avg $38733%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is practically new. The listing explicitly states 'beautifully updated' with 'modern upgrades,' and the images confirm this with a modern kitchen featuring white shaker cabinets, stainless steel appliances, quartz-like countertops, and a stylish blue subway tile backsplash. Bathrooms are also updated with modern vanities, tiling, and fixtures, including a freestanding tub in the primary. Hardwood floors and recessed lighting throughout contribute to a contemporary and well-maintained aesthetic, indicating no deferred maintenance.
Year Built
2018
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
CV25045179
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

**PRICE IMPROVEMENT! RARE PROPERTY ALERT - RARE OPPORTUNITY!** Don't miss your chance to own two homes on one lot! Live in one and rent the other. Welcome to 259 E Crescent Ave, a charming and beautifully updated property located in the heart of Redlands, CA. The main house features 5 bedrooms and 3 bathrooms, offering 3,332 square feet of living space that blends classic character with modern upgrades. Perfectly situated in a desirable neighborhood, this home provides convenience, comfort, and style. As you step inside, you'll find an inviting open floor plan where a bright and spacious living room welcomes you with plenty of natural light. The home boasts hardwood floors that create a warm and welcoming atmosphere throughout. The updated kitchen is a true centerpiece, featuring spacious cabinetry that is ideal for both cooking and entertaining. The primary bedroom is generously sized, complete with ample closet space and an updated en-suite bathroom that adds a modern touch. The two additional bedrooms are also spacious, making them suitable for family, guests, or a home office. Outside, you'll find a large backyard with ample space for parking up to 6 cars and RV parking, perfect for relaxation or hosting outdoor gatherings. Additionally, there is a bonus unpermitted ADU (Additional Dwelling Unit) that offers 1,740 square feet of living space, including 3 bedrooms and 1 bathroom. 259 E Crescent Ave is located just one mile from the Loma Linda University Medical Center Campus and VA Hospital, and only minutes away from downtown Redlands. Enjoy easy access to local shops, restaurants, parks, schools, and major freeways, making commuting a breeze. Don't miss out on this delightful home located in one of Redlands' most sought-after neighborhoods!

Condition Rating
Excellent

Built in 2018, this property is practically new. The listing explicitly states 'beautifully updated' with 'modern upgrades,' and the images confirm this with a modern kitchen featuring white shaker cabinets, stainless steel appliances, quartz-like countertops, and a stylish blue subway tile backsplash. Bathrooms are also updated with modern vanities, tiling, and fixtures, including a freestanding tub in the primary. Hardwood floors and recessed lighting throughout contribute to a contemporary and well-maintained aesthetic, indicating no deferred maintenance.
Pros & Cons

Pros

Dual Living & Income Potential: The property offers a rare opportunity with two homes on one lot, providing flexibility for multi-generational living or significant rental income potential from the second unit.
Prime Location & Accessibility: Strategically located just one mile from Loma Linda University Medical Center Campus and VA Hospital, and minutes from downtown Redlands, offering convenient access to amenities, schools, and major freeways.
Spacious & Updated Main Residence: The main house boasts 3,332 square feet with 5 bedrooms and 3 bathrooms, featuring an inviting open floor plan, abundant natural light, hardwood floors, and an updated kitchen and primary en-suite bathroom.
Generous Parking & Outdoor Space: A large backyard provides ample space for relaxation and outdoor gatherings, complemented by extensive parking for up to 6 cars, including dedicated RV parking.
Newer Construction: Built in 2018, the property benefits from modern construction standards, systems, and design, likely requiring less immediate maintenance compared to older homes in the area.

Cons

Unpermitted ADU: The additional dwelling unit (ADU) is unpermitted, which presents potential legal and financial risks for the buyer, including compliance issues and difficulty with financing or insurance.
Recent Price Reduction: A recent price improvement from $1.3M to $1.2M could indicate that the property was initially overpriced or has faced challenges attracting buyers at its previous listing price.
Limited Luxury Outdoor Amenities: Despite a large backyard, the property description does not mention high-end outdoor amenities such as a pool, spa, or elaborate outdoor kitchen, which might be expected by buyers at this price point in Redlands.

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