27875 Rainbow Lane, Highland, California 92346, Highland, 92346 - 3 bed, 2 bath
ACTIVE$549,900
27875 Rainbow Lane, Highland, California 92346
3Beds
2Baths
1,296Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($506,610.98) is $43,289.02 (7%) lower than the list price ($549,900). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Lot: The property boasts a generous 7,200 Sq. Ft lot with eco-friendly landscaping, providing ample outdoor space and potential for expansion or outdoor living.
Top Cons:
Lack of Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or panoramic outlooks.
Compared to the nearby listings
Price:$549.9K vs avg $585.0K ($-35,100)37%
Size:1,296 sqft vs avg 1,806 sqft15%
Price/sqft:$424 vs avg $31690%
More Insights
Built in 1980 (45 years old).
Condition: Built in 1980, this property has received recent cosmetic updates including new interior paint and light-wood colored vinyl flooring, making it clean and move-in ready. The kitchen features newer granite countertops, a modern backsplash, and a stainless steel refrigerator, but the wood cabinets appear older and dated. The bathrooms, particularly the one shown, are significantly outdated with cultured marble countertops and Hollywood-style lighting, requiring immediate updates to meet current standards. While well-maintained, the age of the property and the condition of the bathrooms prevent it from achieving a 'Good' rating, as major components show signs of being outdated.
Year Built
1980
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$424
HOA
-
Days on market
-
Sold On
-
MLS number
CV25250179
Home ConditionFair
Features
Deck
Spa
Patio
View-
About this home
Lovely Single Story Home for Sale in Highland, CA on very spacious lot. Very clean and well-kept home features 1,296 Sq. Ft, 3 Bedrooms, 2 Bathrooms, New Interior Paint in lovely light grey color, light-wood colored vinyl flooring, fireplace in living room, ceiling fans, inside Laundry Room, Enclosed Patio Area, Spacious Lot at 7,200 Sq. Ft with Eco-Friendly Landscaping, 2-Car Attached Garage, Spacious Driveway. Very desirable neighborhood, near all amenities including shopping, parks, entertainment, grocery stores, schools, banks and restaurants.
Condition Rating
Fair
Built in 1980, this property has received recent cosmetic updates including new interior paint and light-wood colored vinyl flooring, making it clean and move-in ready. The kitchen features newer granite countertops, a modern backsplash, and a stainless steel refrigerator, but the wood cabinets appear older and dated. The bathrooms, particularly the one shown, are significantly outdated with cultured marble countertops and Hollywood-style lighting, requiring immediate updates to meet current standards. While well-maintained, the age of the property and the condition of the bathrooms prevent it from achieving a 'Good' rating, as major components show signs of being outdated.
Pros & Cons
Pros
Spacious Lot: The property boasts a generous 7,200 Sq. Ft lot with eco-friendly landscaping, providing ample outdoor space and potential for expansion or outdoor living.
Move-in Ready Condition: Recently updated with new interior paint in a light grey color and light-wood colored vinyl flooring, the home is described as 'very clean and well-kept,' minimizing immediate renovation needs for a buyer.
Desirable Neighborhood & Amenities: Located in a highly desirable neighborhood, offering convenient access to a wide array of amenities including shopping, parks, entertainment, grocery stores, schools, banks, and restaurants.
Functional Single-Story Layout: The single-story design provides practical living with 3 bedrooms, 2 bathrooms, an inside laundry room, an enclosed patio area, a fireplace, ceiling fans, and a 2-car attached garage with a spacious driveway.
Favorable Pricing: The listing price of $549,900 is slightly below the estimated market value of $559,463.15, suggesting a good value proposition for potential buyers.
Cons
Lack of Desirable Views: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or panoramic outlooks.
Age of Property Systems: Built in 1980, the home is over 40 years old. While cosmetic updates are present, core systems (e.g., HVAC, plumbing, electrical) may be original or older, potentially requiring future maintenance or upgrades not explicitly mentioned.
Modest Interior Square Footage: With 1,296 Sq. Ft of living space, the interior may be considered modest for some buyers, especially given the spacious lot size, potentially limiting larger family accommodation or extensive entertaining areas.