3 months on rocket

501 Elder Way, Redlands, CA, 92373

$3,200,000

5 Bedrooms
6 Full Baths, 2 Partial
6,519 SqFt
$491/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Up Slope From Street, Garage, Garage Door Opener, Gated, RV Garage, Workshop in Garage
Attached Garage8 spaces
Year Built2019
HeatingCentral, Forced Air
CoolingCentral Air, ENERGY STAR Qualified Equipment
BasementYes
FireplaceBonus Room, Gas, Living Room
ViewCity Lights, Mountain(s), Panoramic
Private PoolYes
MLS #EV24011767
Lot Size1.17 Acres
StatusActive

About 501 Elder Way

Welcome to Headquarters. When you see the views, you'll know why the Seller bought this property and essentially built a new home above the famous Redlands Country Club. Three en suite bedrooms and a main suite that has 2 separate bathrooms and 2 separate walk-in closets as well as a convenient coffee bar. The gourmet kitchen feature Wolf & Sub-Zero appliances, a dual butler's pantry, an enormous prep island and expansive counter top. There is a game room downstairs that includes dual beverage refrigerator drawers, a beautiful wooden bar and enough space for a full sized pool table. Don't miss the dumbwaiter and refrigerated closet that will accommodate even the largest wine collection. From the main level, you'll exit one of 3 LaCatina glass doors to the infinity edge salt water pool with panoramic views of the the golf course, city lights & the San Bernardino mountains. There's an impressive RV garage that has over 2,100 sq ft with a 14' axial motor roll up door, 2 50amp and full RV hookup as well as room for all the rest of your toys. Don't miss the bedroom upstairs and bathroom not shown in the photos complete with futures to add a kitchen that would make a wonderful apartment with it's own electric meter. There are 3 tankless water heaters that serve the main home and a conventional that serves the RV garage as well as 3 separate forced air systems. Schedule a private showing of this unique property but leave yourself enough time to appreciate the detail and thoughtful design that make this luxury property truly one-of-a-kind.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2019
  • Stories: 2
  • Living Area: 6,519 SqFt

Listing Office:

  • Office Name: PATRICIA HICKS, REALTOR
  • Office Phone: (909) 384-2686
  • Listing Agent: MARK EDWARDS

Interior Features

Interior Information:

  • Appliances: Stove, Convection Oven, Double Oven, Dishwasher, Gas Range, Gas Water Heater, Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Basement: Yes
  • Interior: Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Dumbwaiter, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary, Walk-In Pantry, Wine Cellar, Walk-In Closet(s), Workshop
  • Fireplace: Bonus Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Parking: Driveway Up Slope From Street, Garage, Garage Door Opener, Gated, RV Garage, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn, Landscaped, Paved, Sprinklers
  • Lot Size: 1.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

School Info

Assigned Schools Information:

  • Redlands East Valley High School, Public District Grades 9-12
  • Redlands Eacademy, Public District Grades KG-12
  • Moore Middle School, Public District Grades 6-8
  • Mariposa Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Sunset to Elder Wy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,200,000
  • Price Per SqFt: $491/SqFt

Tax Information:

  • Annual Amount: $15,373
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Redlands, CA.

Med. Sold Price

$615.1K

Med. Price/SqFt

$362

Avg. Days On Market

26

# of Sold Homes

50

501 Elder Way vs Redlands

103 DAYS ON ROCKET

+77 Days

$3,200,000

+$2.5M More

$491/SqFt

+$128 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $128/SqFt more than other homes in Redlands, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV24011767

Listing Office:

  • Office Name: PATRICIA HICKS, REALTOR
  • Office Phone: (909) 384-2686
  • Listing Agent: MARK EDWARDS

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 22, 2016Home Sold
$689,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,373$1,233,560
2020$13,022$1,068,911
2019$8,995$838,681
2018$8,918$737,236
2017$3,677$722,780

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,660

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4890627
6
/10
  • Mariposa Elementary School

  • 30800 Palo Alto Dr

  • 0.70 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4890628
5
/10
  • Moore Middle School

  • 1550 E Highland Ave

  • 2.31 miles

  • Public District Grades 6-8

High School

school-card-donut-4890629
6
/10
  • Redlands East Valley High School

  • 31000 Colton Ave

  • 3.12 miles

  • Public District Grades 9-12

school-card-donut-4890630
6
/10
  • Redlands Eacademy

  • 820 West Stuart Ave

  • 3.91 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,928. The majority of Redlands, CA residents have income $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Elder Way

What is the listing price of this property?

The listing price of 501 Elder Way property is $3,200,000.

What type of property is this?

The property 501 Elder Way is a house located in Redlands, California, 92373.

Is this property for sale now?

Active Listing: 501 Elder Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Elder Way are:
Mariposa Elementary School: GreatSchools Rating 6/10
Moore Middle School: GreatSchools Rating 5/10
Redlands East Valley High School: GreatSchools Rating 6/10
Redlands Eacademy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,373 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 22, 2016 for $689,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Elder Way has 5 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 501 Elder Way is 6,519 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Elder Way is 2019.
Rocket Homes logo

Interested in 501 Elder Way? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaSan Bernardino CountyRedlands92373501 Elder Way

This home is located at 501 Elder Way in Redlands, CA and zip code 92373 in the South Redlands neighborhood. This 6,519 square foot home, which was built in 2019, sits on a 1.17 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $3,200,000.

Redlands, CA housing market in April 2024 saw over 22 listings sold above listed price, more than 11 sold at listed price and over 17 sold below. The number of listings in Redlands, CA increased by 10.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $615,125, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources