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PendingSingleFamilyResidence

1229 W Olive

Redlands, CA, 92373

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$559,000

MLS: IG26167007

Beds

3

Baths

2

Sq Ft

1,876

Lot

0.23 ac

Year Built

1980

MLS #

IG26167007

Days on Market

3

Listed

Aug 8, 2026

Description

**MLS Public Remarks** Located in desirable **South Redlands**, this spacious 3-bedroom, 2-bath home offers approximately 1,876 square feet of living space on an approximately 10,000-square-foot lot, creating an exceptional opportunity to make it your own. The property features a circular driveway, an attached 3-car garage, and a generous side yard with potential space for RV parking or a future ADU (buyer to verify all possibilities with the City of Redlands). Whether you're looking to move right in and update over time or create your dream home from the start, this property provides an outstanding canvas to personalize the interior to your own style and vision. Recent improvements include new plumbing throughout the home and a new water heater, both installed less than one year ago and brought up to current code, along with an updated sprinkler system. Inside, the fireplace creates a warm gathering place for cool evenings and holiday celebrations. The backyard is bordered on three sides by attractive brick walls, providing added privacy and a wonderful setting for outdoor living. Ideally located near historic Downtown Redlands, the Redlands Bowl, Smiley Library, Prospect Park, the University of Redlands, highly regarded schools, parks, shopping, restaurants, and convenient Interstate 10 access, you'll enjoy many of the amenities that make South Redlands such a sought-after place to call home. Come discover the possibilities and create a home that reflects your own style, priorities, and future.

Location

Redlands, San Bernardino County, CA 92373

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Listed by: Karen Swedlove · KELLER WILLIAMS REALTY

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,328

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,900 · Loan: $503,100

%

Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,236
Property tax (1.25%)
$582
Homeowners insurance
$300
Mortgage insurance
$210
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Aug 13, 2026

30-year fixed
6.67%
15-year fixed
5.96%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $19,565 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.

Similar Homes Nearby

Active and pending listings in ZIP 92373 (Redlands)within ±10% of this home's price and size.

Local Market Stats

See Redlands, CA 92373 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.