604 E Mariposa, Redlands, California 92373, Redlands, 92373 - 3 bed, 3 bath
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604 E Mariposa
Redlands, California 92373
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
3Baths
2,211Sq Ft
29,200Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$817,638
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well above the $817,639 Fair Market Value by -9%. Featuring a Condition Rating of 5, this 1949 residence requires a comprehensive renovation to modernize its aging infrastructure. The expansive 29,200 sqft lot offers significant value-add potential, including space for an ADU or pool, while the mountain views provide a premium backdrop. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a major restoration project.
Estimated Market Value
$817,638
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 |
|---|---|---|---|---|---|---|
★ 604 E Mariposa Subject | $899,000* List Price | 3 | 3 | 2,211 | $370 | - |
A 533 Via Vista Dr Sold | $760,000 | 4 | 2 | 2,528 | $301 | 0.5 mi |
B 505 E Sunset Drive N Sold | $705,000 | 3 | 3 | 2,040 | $346 | 0.6 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 1949, this 75-year-old home is described as having 'strong renovation potential' and 'awaiting your ideas,' which indicates a need for a full rehab. Interior photos show original mid-century features, including a dated bathroom with 1950s-era tiling and fixtures, suggesting that major systems and finishes are well beyond 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 = 29200, living area = 2211.
- Prime Location & Views
Situated in a highly desirable area near the Redlands Country Club, the property boasts breathtaking, unobstructed views of the mountains and valley.
- Expansive Lot Potential
The nearly two-thirds of an acre lot offers exceptional privacy and versatility for adding an ADU, pool, or expansive gardens, complemented by a unique historic stable.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
The property is in original condition and requires a significant investment of time and capital to modernize the interior and systems to current market standards.
- Potential Deferred Maintenance
Given its 1949 construction, buyers should anticipate the need for potential upgrades to aging infrastructure such as plumbing, electrical, and HVAC systems.
About 604 E Mariposa
LOCATION x3. BREATHTAKING VIEW OF MOUNTAINS AND VALLEY OPPORTUNITIES LIKE THIS ARE RARE THIS 3 BEDROOM, 2.5 BATH MID-CENTURY HOME ON TWO THIRDS OF AN ACRE IS IN A PRIME LOCATION NEAR THE REDLANDS COUNTRY CLUB. BUILT IN 1948 AND AWAITING YOUR IDEAS, THIS HOME OFFERS CLASSIC BONES AND A STRONG RENOVATION POTENTIAL. BRING YOUR VISION TO RESTORE OR REIMAGINE THE INTERIOR WHILE PRESERVING ITS PERIOD CHARACTER. THE EXPANSIVE LOT PROVIDES PRIVACY AND POSSIBILITIES FOR GARDENS, A POOL, AN ADU, AND OUTDOOR ENTERTAINING. A ONE-TIME STABLE AT THE SOUTH END OF THE PROPERTY ADDS UNIQUE VALUE.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 29,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.8 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,211 | 1,801.644 |
| Lot Size | 29,200 | 8,387.844 |
| Price | $899.0K | $681.9K |
| Price per sq ft | $407 | $378 |
| Built year | 1949 | 1982 |
| HOA | $0 | $141 |
| Days on market | 37 | 55 |
Pricing History
Listed for Sale
Aug 3, 2026
$899,000
Initial Listing
Sold
Aug 29, 1996
$178,500
Public Record