6703 Olive, San Bernardino, California 92407, San Bernardino, 92407 - 5 bed, 3 bath
6703 Olive
San Bernardino, California 92407
Property Price
SUMMARY
Analysis of 6703 Olive, San Bernardino, California 92407 reveals a property with a current list price of $887,000, which is 4% above the estimated $847,489 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6703 Olive Subject | $887,000* List Price | 5 | 3 | 2,486 | $341 | - |
A 3017 W Meyers Sold | $795,000 | 6 | 3 | 2,698 | $295 | 0.5 mi |
B 6835 N Escena Street Sold | $699,000 | 4 | 2 | 1,970 | $355 | 0.4 mi |
C 6792 N Ofelia Drive Sold | $795,000 | 5 | 5 | 2,907 | $273 | 0.6 mi |
D 6807 N Huntington Drive Sold | $705,000 | 4 | 4 | 2,531 | $279 | 0.2 mi |
E 6671 Mirna Avenue Sold | $845,000 | 5 | 4 | 3,103 | $272 | 0.6 mi |
F 6758 Ridgeline Avenue Active | $740,000 List Price | 5 | 3 | 2,676 | $277 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets all current quality standards. The home features modern architectural design, contemporary kitchen and bathroom finishes, energy-efficient systems, and premium outdoor amenities including a pool and Jacuzzi, all with no signs of 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 = 15463, living area = 2486.
- Modern Construction & Efficiency
Built in 2021, this home offers contemporary architectural design, energy-efficient systems, and modern finishes, providing a move-in-ready experience with the benefits of newer building codes.
- Premium Lot & Outdoor Amenities
The expansive 15,463 sq ft lot features a private pool, Jacuzzi, and a dramatic mountain backdrop, offering rare privacy and a resort-style environment for outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Significant Price Appreciation
The current list price reflects a substantial increase from the 2021 sale price of $630,000, which may present challenges regarding appraisal valuations or buyer price sensitivity in the local market.
- Inconsistent School Ratings
While the local elementary school is highly rated, the assigned middle and high schools have lower performance scores, which could be a deterrent for families prioritizing top-tier educational districts.
About 6703 Olive
The home that you have waited for has finally hit the market! This beautifully designed 5-bedroom, 3-bathroom pool home nestled against a stunning mountain backdrop. Built in 2021, this 2,486 sq ft residence sits on an expansive 15,463 sq ft lot, offering both space and privacy in a truly breathtaking setting. Step inside to discover a thoughtfully designed layout with modern finishes, generous living spaces, and abundant natural light throughout. The home seamlessly blends comfort and style, making it perfect for both everyday living and entertaining. Enjoy resort-style living in your own backyard featuring a sparkling pool and relaxing Jacuzzi — ideal for soaking in the surrounding mountain views. The large lot provides ample space for outdoor gatherings, recreation, or simply unwinding in your private retreat. Additional highlights include a fully paid-off water softener system and contemporary construction that offers peace of mind and energy efficiency. This exceptional home combines modern elegance, outdoor luxury, and scenic beauty — a rare opportunity you don’t want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 15,463 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Bernardino Unified Schools
Palm Avenue Elementary School
Grades K-6 • 0.5 mi
North Verdemont Elementary School
Grades K-6 • 1.2 mi
Little Mountain Elementary
Grades K-6 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 84% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,486 | 1,759.5 | 81% |
| Lot Size | 15,463 | 7,800 | 87% |
| Price | $887.0K | $587.5K | 95% |
| Price per sq ft | $357 | $333 | 61% |
| Built year | 2021 | 1990 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 178 | 1% |
Pricing History
Listed for Sale
Feb 10, 2026
$887,000
Initial Listing
Sold
Oct 5, 2021
$630,000
Public Record