
Redlands, California 92374
This 1912 Craftsman represents a High-Potential Investment Opportunity, listed at a List Price of $650,000—positioned well below the $662,311 Fair Market Value by 2%. This valuation gap offers $12,311 in Instant Equity. With a Condition Rating of 5, the property requires significant capital investment to modernize its dated systems and finishes. The 5-bedroom layout and detached structures provide excellent value-add potential for Fix-and-Flip Investors or Contractors seeking a historic restoration project in the Redlands Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 524 University Place Subject 5 bd · 2 ba · 2,442 sqft · $238 | $599,900* List Price | 5 | 2 | 2,442 | $238 | - |
A 705 Hemlock Court Sold 5 bd · 3 ba · 2,298 sqft · $284 · 0.4 mi | $652,000 | 5 | 3 | 2,298 | $284 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this historic home features a highly outdated kitchen with worn laminate countertops and cabinetry from a renovation that appears to be over 30-50 years old. The interior shows clear signs of age and wear, including peeling wall finishes, acoustic ceiling tiles, and older heating vents, indicating the property requires a comprehensive rehab and system updates.
Built in 1912, this home preserves its authentic architectural integrity with vintage woodwork, stained-glass accents, and a classic stone fireplace, offering rare charm for historic home enthusiasts.
Boasting 5 bedrooms and 2,442 square feet, the property provides a generous and versatile floor plan that includes multiple bonus spaces, a sunroom, and a utility area to accommodate various lifestyle needs.
The lot features mature greenery, garden beds, and detached structures perfect for a workshop or extra storage, complemented by convenient basement access for additional project space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Given its 1912 construction and 'opportunity to restore' status, the property likely requires significant capital investment to modernize systems and finishes to current standards.
With 47 days on the market and a recent $25,000 price reduction, the listing may be facing buyer resistance related to its condition or initial valuation.
!!NEW AND IMPROVED PRICE!! Classic Craftsman charm meets spacious, flexible living in this character-filled two-story home. The exterior features signature architectural details, a welcoming front porch, and mature greenery that frames the property beautifully. Inside, the home showcases vintage woodwork, stained-glass accent, built-ins, patterned wallpaper, and a stone fireplace that anchors the main living area. Multiple rooms offer unique color palettes, period trim, and large windows that bring in abundant natural light. The layout includes several versatile living, dining, and bonus spaces that can adapt to a variety of needs. The kitchen blends retro style with modern convenience, offering ample cabinetry, a double oven, and access to a sunroom/utility area with additional workspace. Bedrooms and bonus rooms throughout the home feature bright views, vintage finishes, and flexible layouts. Outdoor spaces include garden beds, mature trees, patio areas, and detached structures ideal for storage or workshop use. Basement access is conveniently located through the backyard, providing additional storage or project space. This property is perfect for buyers seeking a true Craftsman with character, space, and the opportunity to restore or customize a historic home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 2,442 | 1,784.033 |
| Lot Size | 7,644 | 8,391.033 |
| Price | $599.9K | $673.7K |
| Price per sq ft | $246 | $379 |
| Built year | 1912 | 1981 |
| HOA | $0 | $142 |
| Days on market | 72 | 57 |
Oct 20, 2026
$599,900
$650,000
-8% Price Drop
Initial Listing
Sep 29, 2026
$650,000
$675,000
-4% Price Drop
Initial Listing
Aug 13, 2026
$675,000
Initial Listing
Nov 3, 1998
$190,000
Public Record