340 Mitchell, Redlands, California 92374, Redlands, 92374 - 4 bed, 3 bath
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340 Mitchell
Redlands, California 92374
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
3Baths
1,990Sq Ft
12,482Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$599,000
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $649,900—positioned well below the $675,000 Fair Market Value by 3%. This valuation gap offers $25,100 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a modern, updated kitchen and paid solar, while offering room for cosmetic personalization. With a private pool, mountain views, and a large cul-de-sac lot in the Redlands Unified district, it is ideal for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$599,000
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 340 Mitchell Subject 4 bd · 3 ba · 1,990 sqft · $301 | $599,000* List Price | 4 | 3 | 1,990 | $301 | - |
A 123 S La Salle Sold 4 bd · 3 ba · 2,072 sqft · $362 · 0.6 mi | $749,890 | 4 | 3 | 2,072 | $362 | 0.6 mi |
B 210 Jesse Way Sold 4 bd · 3 ba · 2,022 sqft · $321 · 0.6 mi | $650,000 | 4 | 3 | 2,022 | $321 | 0.6 mi |
C 216 Gabrielle Sold 4 bd · 3 ba · 2,072 sqft · $375 · 0.6 mi | $777,750 | 4 | 3 | 2,072 | $375 | 0.6 mi |
D 1502 Stillman Sold 4 bd · 2 ba · 1,900 sqft · $326 · 0.3 mi | $620,000 | 4 | 2 | 1,900 | $326 | 0.3 mi |
E 221 Jesse Way Sold 4 bd · 3 ba · 2,096 sqft · $358 · 0.6 mi | $750,000 | 4 | 3 | 2,096 | $358 | 0.6 mi |
F 1132 E Citrus Avenue Sold 4 bd · 3 ba · 1,766 sqft · $343 · 0.9 mi | $605,000 | 4 | 3 | 1,766 | $343 | 0.9 mi |
G 608 Falcon Lane Sold 3 bd · 2 ba · 1,570 sqft · $376 · 0.2 mi | $590,000 | 3 | 2 | 1,570 | $376 | 0.2 mi |
H 331 Lido Street Sold 3 bd · 2 ba · 1,723 sqft · $339 · 0.3 mi | $583,500 | 3 | 2 | 1,723 | $339 | 0.3 mi |
I 1528 Lori Court Pending 3 bd · 2 ba · 1,966 sqft · $369 · 0.5 mi | $725,000 List Price | 3 | 2 | 1,966 | $369 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The home features a modern, updated kitchen with stainless steel appliances, stone countertops, and updated cabinetry (likely renovated within the last 5-10 years). While the 1981 build is evident in the popcorn ceilings and older carpeting in the bedrooms, the inclusion of paid solar, central HVAC, and renovated main living areas makes the property well-maintained and move-in ready.
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 = 12482, living area = 1990.
- Energy Efficiency & Modern Upgrades
The property features paid solar panels and an updated kitchen, providing the buyer with immediate functional value and significant long-term savings on utility costs.
- Premium Lot & Outdoor Amenities
Situated on a large 12,482 sqft corner cul-de-sac lot, the home offers a private pool and mountain views, ensuring superior privacy and a high-quality outdoor lifestyle.
CONSRISKS & DEFICIENCIES
- Cosmetic Updates Required
The listing suggests an opportunity for buyers to add 'personal touches,' indicating that the home likely requires additional investment in flooring, paint, or non-remodeled areas to reach its full potential.
- Market Momentum
Despite a recent price improvement, the property has been active for over 30 days, which may suggest that the home requires further aesthetic modernizing to compete with turn-key listings in the area.
About 340 Mitchell
PRICE REDUCED TO $599,000! Price reflects the current condition of the home, both inside and out. Welcome to this spacious 4-bedroom, 2.5-bath home situated on a premium corner cul-de-sac lot in a desirable Redlands neighborhood. The home features paid solar through escrow, an updated kitchen, private pool & spa, central air conditioning, and an attached 2-car garage. All four bedrooms are located upstairs, providing a functional layout with separation from the primary bedroom. Enjoy mountain and neighborhood views along with a generously sized property offering plenty of potential for a buyer to renovate, update, and make it their own. Conveniently located near schools, shopping, dining, parks, and everyday amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 12,482 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,990 | 1,784.033 |
| Lot Size | 12,482 | 8,391.033 |
| Price | $599.0K | $673.7K |
| Price per sq ft | $301 | $379 |
| Built year | 1981 | 1981 |
| HOA | $0 | $142 |
| Days on market | 114 | 57 |
Pricing History
Listed for Sale
Sep 26, 2026
$599,000
$649,900
-8% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$649,900
$675,000
-4% Price Drop
Initial Listing
Price Change
Jul 2, 2026
$675,000
Initial Listing
Sold
Apr 1, 2015
$355,000
Public Record
Sold
Jun 29, 2001
$190,000
Public Record