5385 Park Lane, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 4 bath
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San Bernardino, California 92404
Analysis of 5385 Park Lane, San Bernardino, California 92404 is currently available with a list price of $968,000. 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.
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive recent remodel featuring a modern kitchen with new stainless steel appliances, updated flooring, fresh paint, and a resurfaced pool. The interior is in mint, move-in-ready condition consistent with a high-end renovation completed within the last 5 years.
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.
The property includes a fully remodeled ADU, providing a turnkey opportunity for rental income, an Airbnb investment, or a private space for extended family.
Situated on a generous 33,700 sqft lot, the home offers stunning panoramic views of city lights and mountains, paired with a newly resurfaced pool for outdoor entertaining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3425, other record living area = 3016.
With 140 days on the market, the property may carry a 'stale' listing perception, which can lead to more aggressive negotiations from buyers.
The history of multiple price reductions from an original $1.25M suggests initial overvaluation, which may cause buyer hesitation regarding the home's actual market value.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 3,425 | 1,363 | 98% |
| Lot Size | 33,700 | 8,100 | 99% |
| Price | $968.0K | $525.0K | 99% |
| Price per sq ft | $283 | $373 | 17% |
| Built year | 1987 | 1954 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 169 | 185 | 45% |
May 22, 2026
$968,000
$988,000
-2% Price Drop
Initial Listing
May 1, 2026
$988,000
$999,000
-1% Price Drop
Initial Listing
Mar 27, 2026
$999,000
$1,050,000
-5% Price Drop
Initial Listing
Mar 18, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Feb 16, 2026
$1,100,000
$1,150,000
-4% Price Drop
Initial Listing
Jan 23, 2026
$1,150,000
$1,250,000
-8% Price Drop
Initial Listing
Dec 20, 2025
$1,250,000
Initial Listing