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644 Laurel Lane, Colton, California 92324, Colton, 92324 - 3 bed, 3 bath

644 Laurel Lane, Colton, California 92324 home-pic-0
ACTIVE$550,000
644 Laurel Lane, Colton, California 92324
3Beds
3Baths
1,339Sqft
2,700Lot

Price Vs. Estimate

The estimated value ($527,166.415) is $22,833.585 (4%) lower than the list price ($550,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: The property is a brand new, single-family detached home built in 2025, offering modern standards, warranties, and no immediate need for major repairs or renovations.
Top Cons:
Listing Price Exceeds Estimation: The current listing price of $550,000 is significantly higher than the property's estimated value of $481,081.385, potentially indicating an overvaluation or a challenging negotiation for buyers.

Compared to the nearby listings

Price:$550.0K vs avg $514.0K (+$36,000)68%
Size:1,339 sqft vs avg 1,344 sqft49%
Price/sqft:$411 vs avg $36366%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025, featuring modern finishes and an open-concept layout. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
2025
Close
-
List price
$550K
Original List price
$535K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
PW24249304
Home ConditionExcellent
Features
Good View: Hills
ViewHills

About this home

Brand new construction single family detached home in a great Colton neighborhood! This beautiful 3-bedroom, 2.5-bathroom home features a spacious open-concept layout, including a large kitchen, family room, and dining area perfect for entertaining. Enjoy modern finishes, indoor laundry room, a master suite with walk in closets, plenty of natural light, and a two-car garage. Located in a brand-new community with easy access to local amenities, this home offers both comfort and convenience. Don't miss out on the opportunity to own a brand new home with no mello roos or HOA dues in this growing area! We are building multiple homes and asking prices will most likely increase at each phase.

Condition Rating
Excellent
This property is a brand new construction, built in 2025, featuring modern finishes and an open-concept layout. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Brand New Construction: The property is a brand new, single-family detached home built in 2025, offering modern standards, warranties, and no immediate need for major repairs or renovations.
No Mello Roos or HOA Dues: A significant financial advantage, the absence of Mello Roos and HOA dues reduces monthly housing costs, making the property more affordable and attractive to buyers.
Modern Design & Features: Boasting a spacious open-concept layout, modern finishes, an indoor laundry room, a master suite with walk-in closets, and a two-car garage, the home caters to contemporary living preferences.
Hills View: The property offers a desirable view of the hills, adding aesthetic appeal and potentially enhancing its long-term value and desirability.
Convenient Location: Located in a brand-new community with easy access to local amenities, the home offers both comfort and convenience for daily living.

Cons

Listing Price Exceeds Estimation: The current listing price of $550,000 is significantly higher than the property's estimated value of $481,081.385, potentially indicating an overvaluation or a challenging negotiation for buyers.
Small Lot Size: With a lot size of 2,700 sqft, the property offers limited outdoor space, which may be a drawback for buyers seeking larger yards or more privacy.
Anticipated Price Increases: The developer explicitly states that 'asking prices will most likely increase at each phase,' suggesting that potential buyers may face higher costs if they delay their purchase, and the price has already increased from its original listing.

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