707 S Wabash Avenue, Redlands, California 92374, Redlands, 92374 - 5 bed, 4 bath
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Redlands, California 92374
This Spacious Multi-Structure Estate is a Strong Value Opportunity, listed at $1,490,000—positioned well below the $1,617,301 Fair Market Value by 7%. This valuation gap provides $127,301 in Instant Equity. The property maintains a Good Condition Rating, featuring a main residence and a separate 825 sq. ft. guest house on a one-acre orchard with mountain views and a pool. Located in the Redlands Unified School District, it offers exceptional versatility and privacy. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 707 S Wabash Avenue Subject | $1,346,000* List Price | 5 | 4 | 3,457 | $431 | - |
A 1670 Marion Road Sold | $1,150,000 | 4 | 3 | 2,587 | $445 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained, reflecting pride of ownership. While the main house was built in 1949, it has been updated with modern flooring, recessed lighting, and beamed ceilings. The kitchen and bathrooms feature high-quality handcrafted wood cabinetry, granite countertops, and custom tilework that are in great condition, though stylistically dated. The inclusion of a well-maintained 1992 guest house and functional systems places this firmly in the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 3457.
The property includes a substantial 825 sq. ft. guest house built in 1992, offering excellent potential for multi-generational living, a private home office, or rental income.
Situated on a lush one-acre lot, the estate features a private pool and an extensive mature orchard with citrus, avocado, and various fruit trees, providing a rare park-like sanctuary.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3457, other record living area = 2632. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Given the main home's 1949 construction and 31-year single-family ownership, buyers may need to budget for updating older systems or contemporary cosmetic renovations.
The management of a full acre of mature landscaping, a pool, and two separate residential structures requires significant ongoing time and financial investment.
The driveway winds past a mature cactus and succulent garden leading to an exceptionally private home with 4 bedrooms, 3 baths, 2632 sq ft built in 1949 with a separate 825 sq. ft. guest house built in 1992. Both homes are situated on an acre of mature citrus and avocado trees. The main home has 4 bedrooms and 3 baths with the primary suite privately situated away from the other bedrooms. Natural light floods the bedroom, beamed- ceiling living room, and dining area with views of bougainvillea, camellias, a Japanese maple, and Crape myrtle trees. Adjacent to the dining room two custom skylights brighten the kitchen where handcrafted wood cabinets add warmth and character to this beautiful space. All bathrooms, including the one in the guest house, also have hand built cabinets and custom tilework. Outside a separately-fenced pool area offers a perfect place to relax and entertain. Additional fruit trees include persimmon, Asian pear, apricot, plum, as well as two varieties of grapefruit, kumquat, lemon, tangelo, and apple. This unique property has been owned by the same family for over 31 years. It is a rare opportunity to enjoy this beautiful property's privacy and natural beauty, yet remain close to the charm of Redlands.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 4.0 | 3.0 | 89% |
| Square foot | 3,457 | 1,688 | 95% |
| Lot Size | 43,560 | 7,241 | 97% |
| Price | $1.35M | $625.0K | 97% |
| Price per sq ft | $389 | $363 | 66% |
| Built year | 1949 | 1987 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 185 | 10% |
Apr 19, 2026
$1,346,000
$1,490,000
-10% Price Drop
Initial Listing
Mar 25, 2026
$1,490,000
Initial Listing
Dec 11, 1995
$325,000
Public Record