
Redlands, California 92373
This custom estate represents a Strong Value Opportunity, listed at a List Price of $1,900,000—positioned well below the $2,004,399 Fair Market Value by 5%. This valuation gap offers $104,399 in Instant Equity. With a Condition Rating of 3, the property features a 4,969 sqft layout and unobstructed panoramic views. While the 1.48-acre lot and interior require finishing touches, the potential for forced appreciation is significant. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a custom hillside estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 Panorama Point Subject | $1,900,000* List Price | 5 | 5 | 4,969 | $403 | - |
A 30530 E Sunset Drive S Sold | $1,392,000 | 4 | 4 | 3,904 | $357 | 0.8 mi |
B 30716 E Sunset Drive S Sold | $1,700,000 | 4 | 3 | 3,447 | $493 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is approximately 16-18 years old, placing it squarely in the 'Good' category. The structure and interior systems appear well-maintained and functional; however, the kitchen is currently missing appliances and the 1.48-acre lot remains unfinished landscaping-wise, requiring the 'finishing touches' mentioned in the listing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 64653, living area = 4969.
Positioned above Historic Panorama Point, this estate offers arguably the best views in Redlands, featuring sweeping vistas of mountains, valleys, and city lights.
The nearly 5,000 sqft floor plan includes a dramatic foyer, high ceilings, and a luxurious primary suite with dual bathrooms, providing a high-end living experience for large families.
The listing indicates that the home requires personal decor and trim to complete the finishing touches, suggesting it may not be in a fully polished, move-in-ready state.
The massive lot is described as ready to be transformed, implying that significant additional investment is needed to develop the grounds into a functional outdoor living space.
The Best Panoramic View in Redlands! In a highly sought-after location in the exclusive Summit development, this estate sits right above the Historic Panorama Point in the Hills of Redlands. Nestled on an oversized 1.48-acre lot ready to be transformed into an outdoor paradise! An old-world-style front door with a speakeasy window opens up to a formal entry and an expansive foyer. A dramatic staircase, classic wood columns, and the second-story gallery landing accentuate the high ceilings. Perfect floor plan for a large family. Bring in your own decor and trim to complete the finishing touches! On the main floor, your living room and family room share a two-way fireplace. Prepare meals with a mountain view backdrop from your kitchen, which opens up to the great room. The kitchen also has convenient direct access to one of the garages, so you can easily bring groceries in. On the main level, there is a guest bedroom with an ensuite bath and a walk-in closet. In fact, most bedrooms have ensuite bathrooms and fantastic mountain and valley views. But the primary suite is where it really shines! The spacious suite boasts a cozy fireplace, his-and-hers ensuite bathrooms, a two-person spa tub with a dramatic, sweeping view, a double-entry shower, and two huge walk-in closets! Just a short drive to the prestigious Redlands Country Club. Schedule a private tour and snatch up the best view in all of Redlands!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 5.0 | 3.0 | 90% |
| Square foot | 4,969 | 2,060 | 99% |
| Lot Size | 64,653 | 12,000 | 94% |
| Price | $1.90M | $785.0K | 98% |
| Price per sq ft | $382 | $387 | 48% |
| Built year | 2008 | 1963 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 149 | 4% |
May 13, 2026
$1,900,000
Initial Listing
Apr 21, 2021
$1,200,000
Public Record
Mar 13, 2009
$1,300,000
Public Record