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3490 Rainbow Lane, Highland, CA 92346

$230K2bd · 1ba · 840 sqft
Lot 840 sqft•HOA $450/mo•Condominium•
Active
•135d on market•MLS# IV-26131071

Property Description

Welcome to this beautifully remodeled 2-bedroom, 1-bath condo in the heart of Highland! Offering 840 square feet of move-in-ready living space, this second-floor home combines comfort, style, and convenience. Inside, you'll find thoughtful upgrades throughout, including a stylish sliding door that creates separation between the living area, bedrooms, and laundry space for added functionality and privacy. The home includes a washer and dryer, a Ring security camera, and even offers the option to include the living room furniture, making this a fantastic turnkey opportunity for first-time buyers, downsizers, or investors. Additional highlights include one covered carport space and a private garage space, providing ample parking and storage. Ideally located less than five minutes from shopping, dining, and entertainment, including Walmart Supercenter and the renowned Yaamava' Resort & Casino. Commuters will appreciate being less than one mile from freeway access, making travel throughout the Inland Empire simple and convenient. Offered at $240,000, this updated condo presents an excellent opportunity to own an affordable, low-maintenance home in a highly convenient Highland location. Schedule your private showing today!

Features & Amenities

FeeBuilt 1969

Property Details

Land Type
Fee
Year Built
1969
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Highland
Zip Code
92346
County
San Bernardino
Listed byRISE REALTY, MARCELLUS LIMAR

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,163.00
Principal & Interest
Loan Amount
$183,999
Total Interest
$234,681
Total Payment Over 30 Years
$418,680
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

3490 Rainbow Lane, Highland, CA 92346

Highland · Condominium

$230K
Affordable Tier
Beds
2
Baths
1
Sqft
840
Lot
840 sqft
Year
1969
$/Sqft
$274
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed 4.2% below the median closed sale of $240,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $230K· $274/sqft
Total list price
Closed comps
vs closed median $240K
−$10K (−4.2%)
Active comps
vs active median $215K
+$15K (+7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $274
−$0 (−0.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3546 20th StreetHighland196921882422$244$215,0006593
2004 Palm AvenueHighland197221882882$244$215,00015092
2265 BradfordHighland198021810810$284$229,9992892
2266 DenairHighland197911693693$289$200,0001184
2266 DenairHighland197911693900$310$215,00021282
Total: 5 · Average1.61.0792741.4$274.2$214,999.893.2
Median810$215,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3407 Rainbow LaneSan Bernardino196910/23/202621882882$230,000$230,000$2611.003295
3568 20th StreetHighland196908/27/202621780799$199,000$200,000$2561.0017494
2265 Bradford AvenueHighland198001/16/202621810810$219,999$245,000$3021.1110784
2170 Aspenwood CourtSan Bernardino197910/27/2026221,0331,500$259,999$240,000$2320.928567
7934 Midhurst DriveHighland197108/07/2026321,1681,386$249,999$250,000$2141.005864
Total: 5 · Average2.21.4934.61,075.4$233,000$233,000$253—91.2
Median882$240,000$240,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.