See Home Value
$1,495,000
● House - Off Market

508 Lantern Crest Drive

Redlands, CA 92373
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,935 Ft²
$7,449
Est. Monthly
$108
HOA / Fees
2.65%
Cap Rate

About This Property

Perched at the end of a quiet cul-de-sac and embraced by natural open space, 508 Lantern Crest Drive offers a rare blend of luxury, privacy, and sweeping views. This Spanish-style home sits on over half an acre with spacious interiors, curated landscaping, and an exceptional outdoor living experience.

Inside, the home welcomes you with soaring ceilings, arched openings, and an open, sunlit floor plan. Formal living and dining area, a spacious main-floor office, and a chef's kitchen that flows into the den and backyard create a layout that is both functional and refined.

The backyard is a true entertainer's dream, complete with a resort-style pool with Baja shelf, private in-ground spa, outdoor kitchen, fire pit, and multiple dining and lounge areas set against unobstructed canyon views. Mature fruit trees and professionally landscaped grounds elevate the sense of retreat.

Just minutes from the historic Redlands Country Club and premier golf, this residence offers peaceful seclusion with easy access to local amenities, hiking trails, and top schools near by. A rare offering that blends classic Spanish charm with modern luxury.
Unit Size
3,935 Ft²
Days on Market
87 days
Land Size
0.52 acres
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
$108
Year Built
2001

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (CRMLS #NP25096136)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Sold
Jul 3, 2025 In contract -
In contract
Jun 19, 2025 Price Decreased $1,495,000
↓ $30K (2%)
Price Decreased
Apr 30, 2025 Listed by Compass $1,525,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 10
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 824
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 22,600
  • Lot Size Depth Feet: 2,260
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,759
  • Gross Building Area: 4,759
  • Building Area: 3,935
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,935
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000519
  • Standard Land Use Code: 1001
  • County Land Use Code: 0510
  • Legal Description 1: TRACT 13103 LOT 27 AND INT IN COMMON AREA

Neighborhood

  • School District Name: Redlands Unified School District
  • Census Tract: 008502

Geography

  • Assessors Map Reference: 44-D1
  • District: 12
  • Subdivision Tract Number: 13103
  • Parcel: 0294-171-11-0000
  • Lot: 27
  • Municipality: SAN BERNARDINO
  • Latitude: 34.0181
  • Longitude: -117.163

    Address

  • Full Address: 508 Lantern Crest Dr
  • Address - House Number: 508
  • Address - Street Name: Lantern Crest
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Redlands
  • Carrier Code: C018
  • 4-Digit Zip Code: 7281
  • Zip Code: 92373

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,037,549
  • Tax Rate Code Area: 005-023

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 1,119,520
  • High Value: 1,338,811
  • Low Value: 900,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $883,063
  • Assessed Land Value: $144,834
  • Assessed Improvements Value: $738,229

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2001
  • Current Sale Recording Date: Jun 20, 2001
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20010238824
  • Previous Sale Recording Date: Mar 30, 1999
  • Previous Sale Contract Date: Mar 04, 1999
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About San Timeteo-Live Oak Canyon


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Currently no nearby rentals


Frequently Asked Questions

When was property at 508 Lantern Crest Drive built and last sold?
The property at 508 Lantern Crest Drive was built in 2001 and last sold on May 24, 2001 for $595,000.
How much is this home worth?
The estimated value of the home located at 508 Lantern Crest Drive is $1,507,220.
What are some comparable homes to 508 Lantern Crest Drive?
There are currently no comparable homes to 508 Lantern Crest Drive.