tomo logo

$2,650,000

Beds
5
Baths
5.25
sq ft
6,519

501 Elder Way, Redlands, CA 92373

501 Elder Way

Redlands, CA 92373

  • 11 days on market
Vista Bella is situated majestically above the famous Redlands Country Club with gorgeous views of the golf course, mountains and city lights. A gourmet kitchen complete with Sub Zero refrigerators, Wolf 6 burner cooktop and double ovens, dual dishwashers, one of which is in the large butler's pantry, and double sinks with countertop seating so guests can watch while you prepare spectacular meals. La Cantina sliding doors bring the outside in with access to the pool and arguably the best view in Redlands. The large main suite also has a La Cantina sliding door, his and hers bathrooms, walk-in glassless shower and separate garden tub and what might be the largest closet you'll ever see with shoe compartments, double-row clothes racks and a large island dresser with deep drawers. In addition to the magnificent main, there are 3 other secondary ensuite bedrooms one of which is being used as an office. Below the main level you'll find "The Museum" that boasts a custom bar, fireplace, full size refrigerator, separate ice maker, refrigerator drawers and walk-in climate controlled wine cellar across from the full bathroom. Just below the home is a 3,000 sq ft RV garage with 50amp service, water and sewer dump with more than enough room for a 50' motorhome and all your extra vehicles. The 5th bedroom and large ADU with a private entrance has a 3/4 bath, family room & kitchen; it is Not included in the square footage reported. The room currently used as a shop was designed with the ADU living room in mind making an easy conversion possible. We invite you to come enjoy the views and take in the detailed design of this one of a kind home; we think you'll agree there's not another like it. *There are 4 bedrooms in the main house and 1 in the ADU*

Details

Property type

Single Family Residence

Est. home value

$1,624,066

Lot size

1.17 acres

Price per sq ft

$407

Year built

2019

HOA

No

Price History

03/23/2025
CRMLS

CRMLS #IG25060237

Listed
$2,650,000
-3.64%
10/12/2024
CRMLS

CRMLS #EV24011767

Removed
$2,750,000
06/07/2024
CRMLS

CRMLS #EV24011767

Price change
$2,750,000
-6.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Redlands Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Morgan Stanley Private Bank Na

Loan start date

December 2021

Original loan amount

$1,387,500

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Gary S Penrod and Nancy K Penrod

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 11:45 AM

Listing updated: 03/26/2025 at 9:45 AM

Listed by: MARK EDWARDS, PATRICIA HICKS, REALTOR Phone #: (909) 747-1716

MLS: CRMLS #IG25060237

CRMLS logo

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