261 E Crescent Avenue, Redlands, California 92373, Redlands, 92373 - 5 bed, 4 bath

261 E Crescent Avenue, Redlands, California 92373 home-pic-0

261 E Crescent Avenue

Redlands, California 92373

ACTIVE
CONDITION: POOR
5Beds
4Baths
3,136Sq Ft
10,625Lot Size

Property Price

LIST PRICE$649,900

SUMMARY

Analysis of 261 E Crescent Avenue, Redlands, California 92373 is currently available with a list price of $649,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Although the property is listed as built in 2014, the interior is currently in an unfinished state, requiring substantial rehabilitation to be livable. Images reveal exposed subflooring (OSB/plywood), unfinished bathrooms with bare studs or cement board, and a kitchen lacking appliances and final finishes. The listing description explicitly states the home is 'ready for your vision' and 'customization,' confirming that major interior components and systems are incomplete.

PROSSTRENGTHS & OPPORTUNITIES

  • Income Potential & Versatility

    The lower level features a private entrance, full kitchen, two bedrooms, and a bathroom, providing an excellent opportunity for an ADU, rental income, or multi-generational living.

  • Prime Historic Location

    Situated in the highly desirable Old Town Redlands area, the property offers close proximity to Prospect Park, the University of Redlands, and the vibrant downtown district.

  • Spacious & Unique Layout

    With over 3,100 square feet of living space, the home includes a unique primary suite with a spiral staircase to a private loft and an expansive deck offering serene mountain views.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3136, other record living area = 2019. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Significant Customization Needed

    The property is marketed as being ready for a buyer's 'vision and customization,' suggesting that substantial interior finishing or updates are required to reach its full potential.

  • Market Volatility

    The listing has undergone multiple price reductions and is back on the market subject to escrow cancellation, which may indicate previous challenges with inspections or buyer financing.

About 261 E Crescent Avenue

Timeless charm! Check out this spacious 5-bedroom, 3.5-bath home with more than 3,100 sq ft of living space in historic Old Town Redlands, and is ready for your vision, customization, and personal design! The multi-story layout features incredible versatility, including a lower level with its own private entrance, two bedrooms, one bathroom, and a full kitchen…ideal for multi-generational living, extended-stay accommodations, or ADU/rental income potential. The main level and upper floor offer generous square footage and an expansive deck that offers serene mountain views and adds additional relaxing and entertaining space. There is an expansive primary suite upstairs with spacious private bathroom and spiral staircase leading to a private loft. Conveniently located down the street from Prospect Park and a short drive to Downtown Redlands and University of Redlands. Easy access to 10 fwy and Redlands Metrolink Station too. This property presents a rare opportunity to tailor a large historic-district property to your exact taste in one of Redlands’ most desirable neighborhoods. Back on the Market, subject to cancellation of existing escrow.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2014
Lot Size
10,625 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
85%
Baths4.02.0
79%
Square foot3,1362,062
81%
Lot Size10,62510,948
45%
Price$649.9K$785.0K
26%
Price per sq ft$207$383
1%
Built year20141963
89%
HOA$0$0
50%
Days on market96177
13%

Pricing History

Listed for Sale

Dec 16, 2025

$649,900

$664,900

-2% Price Drop

Initial Listing

Price Change

Dec 12, 2025

$664,900

$684,900

-3% Price Drop

Initial Listing

Price Change

Dec 1, 2025

$684,900

Initial Listing

Sold

Oct 20, 2003

$275,000

Public Record

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