Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

120 Franklin Avenue

Redlands, CA, 92373

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$950,000

MLS: IG26041865

Beds

4

Baths

3

Sq Ft

2,131

Lot

1.40 ac

Year Built

1961

MLS #

IG26041865

Days on Market

29

Listed

Mar 6, 2026

Description

A single-story ranch-style estate nestled on 1.4 acres of sprawling gardenscape—your own private park in South Redlands. Enjoy stunning sunset and mountain views with a direct sightline to the Redlands “R.” A private road leads to a gated circular driveway that, along with two garages and an RV space, significantly expands parking. The house has been newly painted! Inside, find warm wood tones and spacious living areas that flow seamlessly. The kitchen is equipped with ample cabinet space and high-end Viking stainless steel appliances, including a professional-grade six-burner stove and a refrigerator. Your primary bedroom features an ensuite bath and patio access via a sliding door. Includes a recently installed high-efficiency HVAC system and solar panels for significant energy savings! What’s more, the home is wired for a generator (generator included at buyer’s request), which can power the fridge, lights, and outlets in case of an outage. In the peace and solitude of your private sanctuary, discover an organic orchard of fruit trees, including six grapefruit trees, navel & valencia oranges, blood orange, meyer lemon, key lime, kumquat, Santa Ana plum, nectoplum, Double Delight nectarine, Red Baron peach, pomegranate, pineapple guava, and quince. Your personal garden also boasts culinary herbs and numerous planting beds and terraces. The backyard offers even more places to relax and unwind throughout the season, whether you want to cozy up around the fire pit or under the misting system, find zen-like tranquility by the koi pond, or cannonball into a large in-ground pool. Several bird species frequent the grounds. Zoned for horses. Within walking distance of beautiful Prospect Park. Part of the highly-rated Redlands Unified School District.

Location

Redlands, San Bernardino County, CA 92373

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Listed by: Michelle Hardesty · BHHS PERRIE MUNDY REALTY GROUP

Payment estimate

$6,899

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000

%
Principal & Interest
$5,253
Property tax (1.25%)
$990
Homeowners insurance
$300
Mortgage insurance
$356
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Redlands home with as little as 3.5% down using an FHA loan — roughly $33,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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