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28864 Terrace Drive, Highland, California 92346, Highland, 92346 - 7 bed, 4 bath

28864 Terrace Drive, Highland, California 92346 home-pic-0
ACTIVE$1,149,000
28864 Terrace Drive, Highland, California 92346
7Beds
4Baths
3,651Sqft
19,375Lot

Price Vs. Estimate

The estimated value ($1,088,956.19) is $60,043.81 (5%) lower than the list price ($1,149,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19375, living area = 3651.
Top Cons:
Potential for Higher Maintenance Costs: The large lot, pool, spa, and extensive features of the property suggest higher ongoing maintenance requirements and associated costs for a homeowner.

Compared to the nearby listings

Price:$1.15M vs avg $585.0K (+$564,000)99%
Size:3,651 sqft vs avg 1,812 sqft96%
Price/sqft:$315 vs avg $31550%

More Insights

Built in 1999 (26 years old).
Condition: Built in 1999, this property has undergone extensive updates, including fresh paint, new waterproof laminate flooring, and a kitchen featuring stainless steel appliances, granite countertops, and modern cabinetry. The overall condition is turnkey and move-in ready, with visible areas like the kitchen and living spaces appearing well-maintained and stylish. While core systems may be original to the 1999 build, the significant cosmetic and functional renovations place it firmly in the 'Good' category, requiring no immediate updates.
Year Built
1999
Close
-
List price
$1.15M
Original List price
$1.17M
Price/Sqft
$315
HOA
-
Days on market
-
Sold On
-
MLS number
IV25249041
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Panoramic, Valley
Deck
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Panoramic,Valley

About this home

Turnkey and beautifully updated East Highland gem is ready just in time for the holidays. Set on a view lot with sweeping city, mountain, and valley vistas, this spacious residence combines comfort, style, and function. Inside, enjoy seven bedrooms, four bathrooms, and a main-floor office that can flex into an additional bedroom. Fresh paint and flooring throughout, including waterproof laminate, and carpet. The expansive kitchen features stainless steel appliances, a built-in refrigerator, granite countertops, a pantry, and generous cabinetry ideal for anyone who loves to cook and entertain. The primary suite is a true retreat with a private balcony, cozy fire pit area, soaking tub, fireplace, and stunning sunset views. Plenty of room to spread out with multiple living spaces and thoughtful details throughout. Outdoor living shines with a pool and spa, perfect for warm California days on a HUGE lot. Additional highlights include a four-car garage with RV parking, a built-in wine wall, dog run, and convenient laundry chute. Located in desirable East Highland area, this home offers space, views, and move-in ready comfort.

Price History

Date
Event
Price
09/15/00
Sold
$404,000
06/16/03
Sold
$520,000
11/20/01
Sold
$425,000
Condition Rating
Good
Built in 1999, this property has undergone extensive updates, including fresh paint, new waterproof laminate flooring, and a kitchen featuring stainless steel appliances, granite countertops, and modern cabinetry. The overall condition is turnkey and move-in ready, with visible areas like the kitchen and living spaces appearing well-maintained and stylish. While core systems may be original to the 1999 build, the significant cosmetic and functional renovations place it firmly in the 'Good' category, requiring no immediate updates.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19375, living area = 3651.
Panoramic Views: The property offers sweeping city, mountain, and valley vistas, including stunning sunset views from the primary suite, significantly enhancing its appeal and lifestyle.
Extensive Updates & Turnkey Condition: Recently updated with fresh paint, new flooring (waterproof laminate, carpet), and an expansive, well-equipped kitchen featuring stainless steel appliances and granite countertops, making it move-in ready.
Spacious & Flexible Living: Boasts seven bedrooms, four bathrooms, a convertible main-floor office, and multiple living spaces, providing ample room and flexibility for large families or multi-generational living.
Premium Outdoor Amenities & Large Lot: Features a pool, spa, private balcony, fire pit area, and a substantial 19,375 sqft lot, ideal for entertaining, relaxation, and enjoying the California climate.
Exceptional Parking & Storage: Includes a four-car garage and dedicated RV parking, offering significant space for vehicles, recreational equipment, and additional storage needs.

Cons

Potential for Higher Maintenance Costs: The large lot, pool, spa, and extensive features of the property suggest higher ongoing maintenance requirements and associated costs for a homeowner.
Age of Core Systems: Built in 1999, while cosmetically updated, major systems such as HVAC, roof, and plumbing may be original or nearing the end of their typical lifespan, potentially requiring future investment.
Recent Price Reduction: A recent price drop from $1.169M to $1.149M could indicate initial overpricing or slower market absorption, potentially impacting perceived value or signaling a need for further negotiation.

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