5128 Lakewood Drive, San Bernardino, California 92407, San Bernardino, 92407 - 3 bed, 2 bath
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San Bernardino, California 92407
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $538,000—positioned well below the $587,940 Fair Market Value by 8%. This valuation gap offers $49,940 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a Granite Kitchen, new HVAC, and a Mountain View, this home is move-in ready. Its versatile floor plan and secure carport provide significant lifestyle utility. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a polished, high-value home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5128 Lakewood Drive Subject | $538,000* List Price | 3 | 2 | 1,616 | $364 | - |
A 1594 Morgan Road Sold | $586,000 | 3 | 2 | 1,466 | $400 | 0.4 mi |
B 2113 Shorter Sold | $610,000 | 3 | 3 | 1,583 | $385 | 0.6 mi |
C 2174 Sheridan Road Sold | $546,000 | 3 | 2 | 1,440 | $379 | 0.7 mi |
D 1559 Wild Pony Sold | $590,000 | 3 | 2 | 1,408 | $419 | 0.2 mi |
E 4305 Lakewood Active | $550,000 List Price | 4 | 2 | 1,680 | $327 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive renovation within the last year. Key updates include a brand-new HVAC system, new water heater, new stainless steel appliances, fresh interior paint, and new carpeting. The kitchen and bathrooms are updated with granite countertops, meeting the criteria for a mint-condition, move-in ready home with no immediate maintenance needs.
The property is move-in ready with significant high-value improvements, including a brand-new central AC unit, upgraded HVAC system, fresh interior paint, new carpeting, and a full suite of new stainless steel appliances.
With over 1,600 sq ft of living space, the home features a massive 22’ x 14’ family room and an additional bonus room, offering rare flexibility for a home office, hobby space, or large-scale entertaining.
The property boasts an extended driveway for up to six vehicles and a unique wrap-around covered patio that doubles as a secure, gated carport with a newer garage door, providing excellent utility and peace of mind.
Despite the modern granite countertops and new appliances, the galley-style kitchen configuration may feel narrow and restrictive compared to the open-concept layouts preferred by many modern buyers.
The garage area has been adapted into a gated entry for a covered carport; while functional for parking, it lacks the fully enclosed, private storage space typically provided by a traditional two-car garage.
Welcome to 5128 Lakewood Dr!!! Nestled in the Desirable North End of San Bernardino near the CalState University Campus. This Beautifully updated 3 bedroom, 2 bathroom home offers over 1600 sq ft of well designed living space. Step inside to find fresh interior paint throughout, new carpet, a spacious versatile floor plan designed for everyday living and entertaining. An additional bonus room provides flexibility for a home office, hobby room, guest space, or extra storage. The Updated Galley Kitchen features Some Newer Cabinetry, and Granite Countertops that enhance the beauty of the home. Stainless Steel Appliances, including the New Refrigerator, Stove, and Microwave all included. Enjoy the 22’ x 14’ Family Room that is more than ready for large family gatherings, movie nights or can be used as a game room. The Indoor Laundry Room offers abundant cabinet storage and includes a NEW Washer and Dryer. Recent improvements include upgraded HVAC and heating system, and a newer water heater. The central air-conditioning unit was replaced in the last year, providing comfort and peace of mind. Outside enjoy the beautifully crafted wrap-around covered patio that will allow you to transform your backyard into a breathtaking retreat. But also doubles as a carport. A newer garage door creates a gated entry to that covered carport, adding both convenience and an extra layer of security. Parking is plentiful with an extended driveway, accommodating up to six vehicles… Conveniently located near shopping, restaurants, schools, parks and freeway access. This move-in ready home offers a wonderful combination of comfort space and convenience. Don’t miss this opportunity to own a BEAUTIFULLY Updated Home in one of North San Bernardino’s most established neighborhoods!
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 | 2.0 | 50% |
| Square foot | 1,616 | 1,678 | 45% |
| Lot Size | 6,825 | 7,500 | 24% |
| Price | $538.0K | $595.0K | 30% |
| Price per sq ft | $333 | $346 | 43% |
| Built year | 1979 | 1989 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 147 | 2% |
Jun 3, 2026
$538,000
Initial Listing
May 19, 2000
$104,000
Public Record