3531 Rainbow Lane, Highland, California 92346, Highland, - bed, bath
ACTIVE$209,900
3531 Rainbow Lane, Highland, California 92346
2Beds
1Bath
840Sqft
799Lot
Year Built
1969
Close
-
List price
$210K
Original List price
$230K
Price/Sqft
-
HOA
$450
Days on market
-
Sold On
-
MLS number
PW25174600
Home ConditionGood
Features
View-
About this home
Turnkey & Move In Ready, Upgrades at this price = rare opportunity. Don’t wait! Ground-level (no stairs) 2BR/1BA condo with new laminate flooring, dual pane vinyl windows, remodeled kitchen featuring quartz countertops with modern gold finishes, recessed lighting throughout, and NO popcorn ceilings creating a bright and inviting living space throughout. The HOA covers water, trash, hot water and water heater maintenance — keeping monthly costs low. Excellent for first-time buyers and savvy investors looking for a rent-ready property. Don't miss this opportunity to own a beautiful, low-maintenance home that offers comfort, style, and value. Seller will cooperate with down payment assistance programs, and may consider some help with closing costs.
Nearby schools
5/10
Oehl Elementary School
Public,•K-6•0.6mi
4/10
Serrano Middle School
Public,•7-8•1.0mi
5/10
San Gorgonio High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
09/16/25
Price Change
$209,900-4.5%
08/22/25
Price Change
$219,900-4.3%
08/06/25
$229,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (12 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 1 | 50% |
| Square foot | 840 | 891 | 31% |
| Lot Size | 799 | 956 | 38% |
| Price | $210K | $236K | 31% |
| Price per square foot | $250 | $259 | 46% |
| Built year | 1969 | 1979 | 31% |
| HOA | $450 | $378 | 69% |
| Days on market | 90 | 166 | 31% |
Condition Rating
Good
Despite being built in 1969, this property has undergone significant recent renovations, making it move-in ready. The kitchen is fully remodeled with modern white shaker cabinets, quartz countertops, new stainless steel appliances (including a smart fridge), gold hardware, and recessed lighting, presenting an excellent contemporary aesthetic. New laminate flooring, dual-pane vinyl windows, and the removal of popcorn ceilings further enhance its appeal. However, the bathroom, while clean and functional with an updated vanity, retains dated peach-colored wall tiles in the shower/tub area, which prevents the property from achieving an 'Excellent' rating across all components.
Pros & Cons
Pros
Turnkey & Modern Upgrades: The property is explicitly 'Turnkey & Move In Ready' with significant recent upgrades including new laminate flooring, dual-pane vinyl windows, a remodeled kitchen with quartz countertops and modern gold finishes, recessed lighting, and no popcorn ceilings, offering a bright and inviting living space.
Cost-Saving HOA Inclusions: The HOA covers essential utilities such as water, trash, hot water, and water heater maintenance, which significantly reduces monthly out-of-pocket expenses for the owner.
Ground-Level Accessibility: Being a ground-level unit with no stairs provides excellent accessibility and convenience, making it suitable for various demographics and simplifying daily living.
Broad Buyer Appeal: The property is highlighted as 'Excellent for first-time buyers and savvy investors looking for a rent-ready property,' indicating strong market appeal for both owner-occupants and those seeking rental income.
Seller Financial Cooperation: The seller's willingness to cooperate with down payment assistance programs and potentially assist with closing costs makes this property more financially accessible and attractive to a wider range of potential buyers.
Cons
High HOA Fee: A monthly association fee of $450, even with some utilities included, is substantial for an 840 sqft condo and could be a deterrent for budget-conscious buyers or investors seeking higher net returns.
Limited Living Space & Single Bathroom: The 840 sqft footprint and single bathroom for a 2-bedroom unit may present limitations for families, multiple occupants, or those desiring more spacious living arrangements.
Building Age & No View: Constructed in 1969, the overall building infrastructure is over five decades old. Additionally, the property explicitly states 'view: None,' which could be a disadvantage for buyers prioritizing scenic outlooks.