331 Lido Street, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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Redlands, California 92374
This Single-Family Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $631,540 Fair Market Value by 5%. This valuation gap offers $36,540 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a new 2024 AC condenser, 2021 roof, and a Granite Kitchen. The expansive 8,787 sqft corner lot provides significant potential for expansion. This property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable, well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 331 Lido Street Subject | $595,000* List Price | 3 | 2 | 1,723 | $367 | - |
A 1528 Laramie Sold | $620,000 | 5 | 2 | 1,659 | $374 | 0.2 mi |
B 1317 Morrison Sold | $634,000 | 3 | 2 | 1,860 | $341 | 0.4 mi |
C 1427 Laramie Sold | $560,000 | 3 | 2 | 1,324 | $423 | 0.1 mi |
D 1556 Gary Sold | $753,750 | 4 | 2 | 1,762 | $428 | 0.5 mi |
E 506 Lytle Sold | $599,777 | 5 | 2 | 1,589 | $377 | 0.8 mi |
F 709 Bermuda Pending | $614,777 List Price | 3 | 1 | 1,654 | $372 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property is exceptionally well-maintained with significant recent capital improvements including a new roof (2021) and a new AC condenser (2024). The kitchen and bathrooms have been updated with granite countertops, stainless steel appliances, and modern vanities within the 5-15 year range, making the home fully functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8787, living area = 1723.
The property features significant high-ticket upgrades, including a new roof installed in 2021 and a new AC condenser in 2024, offering buyers long-term peace of mind and reduced immediate maintenance costs.
Situated on a generous 8,787 sqft corner lot, the property provides excellent curb appeal, mountain views, and ample space for potential backyard expansions, ADU additions, or personalized landscaping.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1723, other record living area = 1543.
Built in 1962, the home may have older underlying plumbing or electrical systems typical of its era that have not been explicitly noted as updated, potentially requiring future attention.
The choice of oak cabinetry and dark granite countertops, while high-quality and well-maintained, may feel stylistically dated to buyers specifically seeking the current 'bright and white' modern design trend.
Well-maintained single-story home on a corner lot! You can truly see the pride of ownership and the potential this property has. The charm and curb appeal make it inviting while the interior warmth and character makes it feel like home. The living and family room areas share a double-sided brick fireplace. The open floorplan make the home feel large and functional for everyday life. Wood tile flooring runs through the main living spaces. The kitchen includes oak cabinetry, dark granite countertops, a peninsula with bar seating, and stainless steel appliances. Both bathrooms have been updated with dark wood vanities. Once outside, the backyard features a great covered patio space, well-maintained landscaping, and a convenient storage shed. This huge corner lot offers a lot of potential for adding additional space to your backyard and other possibilities. Property has new AC condenser in 2024 and a new roof in 2021. Nestled in a quiet neighborhood, this location still has easy access to the 10 freeway, Downtown Redlands, University of Redlands, shopping, schools, and more! A home like this, in this area, at this price...it won't last for long!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,723 | 1,688 | 52% |
| Lot Size | 8,787 | 7,241 | 81% |
| Price | $595.0K | $624.0K | 42% |
| Price per sq ft | $345 | $359 | 40% |
| Built year | 1962 | 1987 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 184 | 1% |
May 8, 2026
$595,000
Initial Listing
Jan 28, 1994
$113,000
Public Record