28984 River Oaks Lane, Highland, California 92346, Highland, 92346 - 3 bed, 2 bath
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28984 River Oaks Lane
Highland, California 92346
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,804Sq Ft
7,841Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$602,865
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $624,800—positioned slightly above the $612,503 Fair Market Value. While the property requires cosmetic updates to address its Fair Condition Rating, it offers significant long-term value through a fully owned solar system and a large 7,841 sq ft lot. Located in the Redlands Unified School District, this home provides a functional layout with a bonus room and workshop. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through personalization.
Estimated Market Value
$602,865
Based on Realkey algorithm analyzing recent comparable sales in Highland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28984 River Oaks Lane Subject 3 bd · 2 ba · 1,804 sqft · $334 | $599,900* List Price | 3 | 2 | 1,804 | $334 | - |
A 7617 Orange Street Sold 4 bd · 2 ba · 1,568 sqft · $374 · 0.6 mi | $586,000 | 4 | 2 | 1,568 | $374 | 0.6 mi |
B 29028 Willow Creek Sold 3 bd · 2 ba · 1,377 sqft · $373 · 0.2 mi | $514,000 | 3 | 2 | 1,377 | $373 | 0.2 mi |
C 7149 Rockspring Sold 3 bd · 2 ba · 2,130 sqft · $300 · 0.5 mi | $640,000 | 3 | 2 | 2,130 | $300 | 0.5 mi |
D 28335 Merridy Sold 3 bd · 2 ba · 1,500 sqft · $393 · 0.8 mi | $590,000 | 3 | 2 | 1,500 | $393 | 0.8 mi |
E 28477 Merridy Avenue Sold 3 bd · 3 ba · 1,510 sqft · $407 · 0.6 mi | $615,000 | 3 | 3 | 1,510 | $407 | 0.6 mi |
F 28999 Clear Spring Sold 3 bd · 2 ba · 1,838 sqft · $341 · 0.8 mi | $627,000 | 3 | 2 | 1,838 | $341 | 0.8 mi |
G 28958 Willow Creek Lane Sold 3 bd · 2 ba · 1,377 sqft · $399 · 0.2 mi | $550,000 | 3 | 2 | 1,377 | $399 | 0.2 mi |
H 7814 Aberdeen Lane Active 4 bd · 3 ba · 1,793 sqft · $349 · 0.4 mi | $625,000 List Price | 4 | 3 | 1,793 | $349 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 22 years old (built 2002) and appears to have original interior finishes. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older white appliances that are typical of the early 2000s. While the home is well-maintained and functional, it falls into the 'Fair' category as it is over 20 years old and requires cosmetic updates to the primary living areas to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7841, living area = 1804.
- Owned Solar System
The property includes a fully owned solar system with grandfathered NEM legacy status, offering the buyer significant utility savings and rate protection without any lease or loan assumptions.
- Functional Single-Story Layout
This 1,804 sq ft ranch features a versatile bonus room ideal for a home office and a dedicated workshop in the garage, providing a highly practical floor plan for diverse lifestyle needs.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
The mention of 'opportunity to add personal touches' suggests that the interior finishes may be original to the 2002 build and require cosmetic updates to meet modern aesthetic standards.
- Recurring HOA Costs
The $164 monthly association fee represents a mandatory recurring expense that increases the overall cost of ownership compared to non-HOA properties in the area.
About 28984 River Oaks Lane
Charming single-story Spanish-style ranch on a desirable corner lot in East Highland! This 3-bed, 2-bath home offers 1,804 sq ft on a 7,841 sq ft lot. The kitchen flows into the family room with a cozy fireplace, plus a versatile bonus room ideal for an office or den. A master bedroom has a walk-in closet and a jetted tub. 2-car garage includes a separate workshop for projects and storage. Enjoy HOA amenities including a pool, tennis and basketball courts, and walking trails. **BONUS HIGH-VALUE ASSET: Fully owned solar system installed in 2016, verified free & clear on title, transfers to the buyer with no lease or loan to assume. The system retains its grandfathered legacy NEM utility status, providing valuable rate protection and potential utility savings. Conveniently located near shopping, restaurants, and everyday amenities. The home offers timeless character with plenty of opportunity to add your own personal touches. Make this home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $164.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,804 | 1,652.147 |
| Lot Size | 7,841 | 8,083.372 |
| Price | $599.9K | $589.9K |
| Price per sq ft | $333 | $345 |
| Built year | 2002 | 1989 |
| HOA | $164.0 | $158 |
| Days on market | 24 | 54 |
Pricing History
Listed for Sale
Oct 17, 2026
$599,900
$624,800
-4% Price Drop
Initial Listing
Price Change
Sep 30, 2026
$624,800
Initial Listing
Sold
Mar 15, 2007
$418,000
Public Record
Sold
May 9, 2003
$263,000
Public Record