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 $999,000. 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.
The property has undergone an extensive recent renovation that meets modern quality standards. It features a fully remodeled kitchen with new stainless steel appliances, shaker cabinetry, and quartz countertops. The interior includes new flooring throughout, updated modern light fixtures, and a resurfaced pool. Additionally, the property includes a completely remodeled ADU, and the primary suite is updated with luxury features, qualifying it for the highest condition rating despite its 1987 build year.
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 features a fully remodeled ADU, providing a turnkey opportunity for rental income, an Airbnb investment, or a private space for extended family.
The primary bedroom serves as a true retreat, offering a private fireplace, two large walk-in closets, and a versatile bonus room ideal for a nursery or home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3425, other record living area = 3016.
A history of significant price reductions from the original $1.25M listing down to $999k may suggest previous overpricing or a struggle to gain traction in the current market.
The expansive 33,700 sqft lot and private pool, while attractive, demand substantial ongoing maintenance and landscaping costs to preserve the property's 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 | 97% |
| Square foot | 3,425 | 1,337 | 99% |
| Lot Size | 33,700 | 8,300 | 99% |
| Price | $999.0K | $515.0K | 99% |
| Price per sq ft | $292 | $375 | 21% |
| Built year | 1987 | 1954 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 191 | 22% |
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