5385 Park Lane, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 4 bath
5385 Park Lane
San Bernardino, California 92404
Property Price
SUMMARY
Analysis of 5385 Park Lane, San Bernardino, California 92404 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a modern open floor plan, a fully remodeled kitchen with new stainless steel appliances, and updated bathrooms with contemporary fixtures and tiling. With new flooring throughout, a remodeled ADU, and a resurfaced pool, the home meets current quality standards with no visible deferred maintenance.
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 = 33700, living area = 3425.
- Income Potential
The property features a fully remodeled ADU, providing a turnkey opportunity for rental income, Airbnb hosting, or multi-generational living in a prime location near Cal State San Bernardino.
- Comprehensive Modernization
The home boasts significant upgrades including a remodeled interior with an open floor plan, new appliances, and a resurfaced pool, offering a move-in-ready luxury experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3425, other record living area = 3016.
- Pricing Volatility
The property has seen multiple price reductions from its original list price of $1.25M, which may indicate initial overpricing or extended days on market that could affect buyer perception.
- Bedroom Configuration
Despite the expansive 3,425 square footage, the home is currently configured with only three formal bedrooms, which may limit its appeal to larger families compared to other homes of similar size.
About 5385 Park Lane
Welcome to this beautifully remodeled home with an open floor plan, located near Cal State San Bernardino and Highway 18 leading to mountain resorts. This property also has a remodeled ADU, perfect for extended family or rental income. The home features new appliances, a resurfaced pool for relaxing days under the sun, and an extra room that could easily be converted into a 4th bedroom or utilized as a home office. There is a front room near entry that can be used as a formal dining room and it has the perfect view to watch the sunsets. The primary bedroom offers the luxury of its own fireplace, 2 large walk-in closets, providing ample storage space and an extra room that can be used as a nursery or private office. With its versatile layout and prime location, this property presents a great opportunity for an Airbnb, making it an ideal investment for savvy homeowners. Don't miss the chance to call this stunning property your own and enjoy the best of California living. *Please note: property has security cameras and alarm system* Appointment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 33,700 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,425 | 1,359 | 99% |
| Lot Size | 33,700 | 8,370 | 98% |
| Price | $1.10M | $505.0K | 99% |
| Price per sq ft | $321 | $367 | 29% |
| Built year | 1987 | 1954 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 173 | 5% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,100,000
$1,150,000
-4% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$1,150,000
$1,250,000
-8% Price Drop
Initial Listing
Price Change
Dec 20, 2025
$1,250,000
Initial Listing