831 W Lugonia, Redlands, California 92374, Redlands, 92374 - 4 bed, 2 bath
ACTIVE$2,500,000
831 W Lugonia, Redlands, California 92374
4Beds
2Baths
2,183Sqft
121,374Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Land & Commercial Potential: The property includes 2.78 acres and is sold in conjunction with an adjacent 2-acre commercial lot, totaling 4.78 acres, offering significant development and business opportunities for entrepreneurs.
Top Cons:
Age of Main Residence: Built in 1979, the main house may require significant updates to systems, finishes, and energy efficiency to meet modern standards, as no recent renovations are explicitly mentioned.
Compared to the nearby listings
Price:$2.50M vs avg $602.5K (+$1,897,500)99%
Size:2,183 sqft vs avg 1,648 sqft79%
Price/sqft:$1.1K vs avg $35999%
More Insights
Built in 1979 (46 years old).
Condition: The property, built in 1979, shows significant signs of age and lack of major renovation. The main house features dated elements such as shag carpeting, popcorn ceilings, outdated light fixtures, and a kitchen with tile countertops and older appliances (except for a newer refrigerator). The main bathroom is also very dated. Crucially, the ADU is in a state of severe disrepair, with visible wall damage, missing flooring, and a dilapidated kitchenette and bathroom, requiring substantial repairs and rehabilitation to be livable. While the main house might be considered 'Fair' due to being functional but outdated, the ADU's condition pulls the overall property into the 'Poor' category, as it requires significant investment to address its defects and make it fully functional and comfortable.
Year Built
1979
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,145
HOA
-
Days on market
-
Sold On
-
MLS number
IG25249115
Home ConditionPoor
Features
Good View: Neighborhood, Panoramic
Patio
ViewNeighborhood, Panoramic
About this home
California Ranch-Style Home in Redlands, CA! Perfect for Entrepreneurs and Business Owners! In a Prime Redlands Land Location. 2.78 Acres! This 3-bed, 2-bath main house + 1-bed, 1-bath ADU offers both a charming and comfortable home and a unique opportunity for business development. Live in the main house and leverage the ADU as a central office for your business on the adjacent 2-acre commercial lot. The main house includes a kitchen, bar, formal dining area, formal living space, family room, and a separate indoor laundry room. The ADU includes a bedroom, a bathroom, a living area, a kitchenette, and a dining area. This property will be sold in conjunction with the adjacent 2-acre lot (MLS# IG25249203). The price includes BOTH parcels.
Condition Rating
Poor
The property, built in 1979, shows significant signs of age and lack of major renovation. The main house features dated elements such as shag carpeting, popcorn ceilings, outdated light fixtures, and a kitchen with tile countertops and older appliances (except for a newer refrigerator). The main bathroom is also very dated. Crucially, the ADU is in a state of severe disrepair, with visible wall damage, missing flooring, and a dilapidated kitchenette and bathroom, requiring substantial repairs and rehabilitation to be livable. While the main house might be considered 'Fair' due to being functional but outdated, the ADU's condition pulls the overall property into the 'Poor' category, as it requires significant investment to address its defects and make it fully functional and comfortable.
Pros & Cons
Pros
Extensive Land & Commercial Potential: The property includes 2.78 acres and is sold in conjunction with an adjacent 2-acre commercial lot, totaling 4.78 acres, offering significant development and business opportunities for entrepreneurs.
Income/Business Flexibility with ADU: A dedicated 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) provides versatile options for rental income, a home office, or multi-generational living arrangements.
Prime Redlands Location: Situated in a 'Prime Redlands Land Location,' enhancing its value and appeal for both residential comfort and strategic commercial development.
Panoramic Views: The property boasts panoramic views, adding aesthetic value and desirability to the living experience.
Functional Main House Layout: The main house features a comprehensive layout including a kitchen, bar, formal dining area, formal living space, family room, and a separate indoor laundry room, catering to comfortable and spacious living.
Cons
Age of Main Residence: Built in 1979, the main house may require significant updates to systems, finishes, and energy efficiency to meet modern standards, as no recent renovations are explicitly mentioned.
Mandatory Dual Parcel Purchase: The requirement to purchase both the residential parcel and the adjacent 2-acre commercial lot simultaneously limits the potential buyer pool to those seeking and able to finance a large, mixed-use acquisition.
High Entry Price Point: The $2.5 million list price, driven by the combined parcels and commercial potential, represents a substantial investment that may deter buyers looking for a purely residential property or those with more limited budgets.