1611 Marjorie, Redlands, California 92373, Redlands, 92373 - 4 bed, 2 bath
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1611 Marjorie
Redlands, California 92373
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
2Baths
1,792Sq Ft
15,104Lot Size
Property Price
LIST PRICE$749,999
EST. MARKET VALUE
$705,742
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $749,999—positioned well above the $686,197 Fair Market Value by -9%. While the pricing reflects a premium, the 15,104 sqft lot and Redlands Unified School District location offer significant long-term value. Featuring a Condition Rating of 5, the home requires a full interior renovation, providing a blank canvas for forced appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a home in a prestigious cul-de-sac.
Estimated Market Value
$705,742
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1611 Marjorie Subject | $749,999* List Price | 4 | 2 | 1,792 | $394 | - |
A 114 Anita Court Sold | $867,114 | 4 | 2 | 1,800 | $482 | 1.0 mi |
B 130 Sunridge Way Sold | $789,000 | 3 | 2 | 1,760 | $448 | 0.7 mi |
C 505 E Sunset Drive N Sold | $705,000 | 3 | 3 | 2,040 | $346 | 0.2 mi |
D 400 Eucalyptus Drive Sold | $821,160 | 3 | 2 | 2,272 | $361 | 0.4 mi |
E 1524 Dwight Active | $825,000 List Price | 4 | 3 | 2,176 | $379 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1968 and appearing largely original, this property requires a full rehab. The interior features heavily stained and dated green carpeting, original 1960s tile work in the bathrooms, and popcorn ceilings. The listing description confirms it needs to be 'reinvented,' indicating that the kitchen, baths, and systems likely exceed their functional lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15104, living area = 1792.
- Elite Location & Expansive Lot
Situated in the prestigious Redlands Heights at the end of a quiet cul-de-sac, this property boasts a massive 15,104 sqft lot in close proximity to the Redlands Country Club.
- Significant Value-Add Potential
The home features 'great bones' and a flexible floor plan that allows for an easy 4th bedroom conversion, providing an excellent opportunity to build equity through cosmetic updates.
CONSRISKS & DEFICIENCIES
- Requires Modernization
The interior requires comprehensive cosmetic updating and reinvention to meet modern luxury standards, which will necessitate a post-purchase renovation budget.
- Dated 1968 Construction
As a home built in the late 1960s, buyers should anticipate potential needs for system upgrades or maintenance common with properties of this vintage.
About 1611 Marjorie
Opportunity knocks in Redlands Heights! Your chance to purchase the ideal location, sitting at the end of a cul-de-sac, with great bones and apart of the highly desired Redlands Unified School District and close proximity to Redlands Country Club. This is your chance to buy the location everyone wants, without paying the premium for someone else's remodel. Tax rolls show property as a 3 bedroom, but has convenient flex space for a 4th bedroom. With one very large room featuring two closets and a partition door in between- with a little drywall this can easily serve as a 4th bedroom offering more space for family or guests. Home features beautifully manicured landscaping in front yard and a park like backyard with a Gazebo and water feature- sitting on over 15,000 sqft lot and fruit trees. With a little cosmetic updating, this property can truly be reinvented to something grand and is waiting for it's new owner to bring the vision to life!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 15,104 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,792 | 1,801.644 |
| Lot Size | 15,104 | 8,387.844 |
| Price | $750.0K | $681.9K |
| Price per sq ft | $419 | $378 |
| Built year | 1968 | 1982 |
| HOA | $0 | $141 |
| Days on market | 48 | 55 |
Pricing History
Listed for Sale
Jul 23, 2026
$749,999
Initial Listing