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510 Elder Way, Redlands, CA 92373

Sale Price: $1,300,000
May 13, 20243,911 sqft3 beds3 baths
Listed by: MARK EDWARDS
License #: 01727278
Phone #: 909-747-1716
PATRICIA HICKS, REALTOR
Source:
CRMLS Logo
MLS #: EV24094697

Property Description

All the splendor and elegance of 1927 can be found in this magnificent Spanish style home perched high above the Redlands Country Club. Breathtaking views of city lights, mountains and golf course await you from this gorgeous Gatsby-era home. Famous artists all created their greatest works from a blank canvass and while it needs updating and landscaping it is easily livable while you are creating your own masterpiece! Beautiful hardwood floors are in great condition, have been meticulously maintained over the years and they accentuate the architectural detail that defines 1920s Redlands homes. There are 3 exceptionally large ensuite bedrooms with large closets including 1 conveniently located downstairs The primary bedroom suite opens to a spectacular loft library overlooking a 24 ft ceiling in the family room below; it has a large balcony patio as well. There is ample room on the 1.70 acres to build the ADU, RV garage/ shop, horse facility you've always wanted or simply plant avocado and orange trees and enjoy the fruits of your labor. The major items in this home are in good condition; 2 new tankless water heaters and 2 central heating & air conditioning systems. With a some imagination, time and some effort this home will repay your investment handsomely and it will become the newest showcase in Redlands, Jewel of the Inland Empire!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$18,531

TurboHome Estimated Value

$1,367,700

$350 sqft

High Valuation
$1,436,085
$367/sqft
Normal Valuation
$1,367,700
$350/sqft
Low Valuation
$1,299,315
$332/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$350/sqft$1,367,700

Neighborhood

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Comparative Value

$849K

$1.30M

$1.44M

$1.50M

$1.50M

1583 Crestview Rd, Redlands, CA 92374

Sale Price: $849,000

Selected Comparable

510 Elder Way, Redlands, CA 92373

Sale Price: $1,300,000

Selected Comparable

297 Edgemont Dr, Redlands, CA 92373

Sale Price: $1,300,000

Selected Comparable

1721 Allison Way, Redlands, CA 92373

Sale Price: $1,435,000

Selected Comparable

508 Lantern Crest Dr, Redlands, CA 92373

Sale Price: $1,495,000

Selected Comparable

510 Elder Way, Redlands, CA 92373

List Price: $1,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
510 Elder Way, Redlands, CA 92373

510 Elder Way, Redlands, CA 92373

List: $1,500,000

Listed: 5/13/2024

Area:3,911 sqft
Price/sqft:$384
Beds:3
Baths:3
Year Built:
Lot Size:74,052

Comparable Properties

COMPARABLE
Choose comps
510 Elder Way, Redlands, CA 92373

510 Elder Way, Redlands, CA 92373

Sale: $1,300,000

8/22/20240.00 mi

Area:3,911 sqft
Price/sqft:$332
Beds:3
Baths:3
Year Built:
Weight:24.2%
297 Edgemont Dr, Redlands, CA 92373

297 Edgemont Dr, Redlands, CA 92373

Sale: $1,300,000

4/24/20250.77 mi

Area:3,613 sqft
Price/sqft:$360
Beds:3
Baths:3
Year Built:
Weight:22.7%
1721 Allison Way, Redlands, CA 92373

1721 Allison Way, Redlands, CA 92373

Sale: $1,435,000

6/9/20250.72 mi

Area:3,743 sqft
Price/sqft:$383
Beds:4
Baths:3
Year Built:
Weight:19.6%
508 Lantern Crest Dr, Redlands, CA 92373

508 Lantern Crest Dr, Redlands, CA 92373

Sale: $1,495,000

7/28/20251.08 mi

Area:3,935 sqft
Price/sqft:$380
Beds:4
Baths:4
Year Built:
Weight:17.8%
1583 Crestview Rd, Redlands, CA 92374

1583 Crestview Rd, Redlands, CA 92374

Sale: $849,000

10/21/20241.46 mi

Area:3,132 sqft
Price/sqft:$271
Beds:3
Baths:2
Year Built:
Weight:15.7%

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