1603 Margarita
Redlands, CA, 92373
(No pictures available yet)
$779,990
MLS: IG26097324
Beds
4
Baths
2
Sq Ft
1,792
Lot
0.32 ac
Year Built
1968
MLS #
IG26097324
Days on Market
1
Listed
May 7, 2026
Description
Highly desirable South Redlands/Redlands Heights location, among the most sought after in the Inland Empire. Walkable neighborhood is filled with historic homes, tree-lined streets, and mountain views. Home is located less than a mile from the following, Redlands Country Club with a private 18-hole golf course, fitness, tennis, dining & social activities. The 27-acre Ford Park which features a disc golf course, two fishing ponds, a dog park, and lighted tennis and pickleball courts. Tranquil Caroline Park with its walking trails lined with California native fauna and amazing mountain views. Easy access to Interstate 10 at the Ford Street on- and off-ramps, Local food, coffee, fitness center, and more. Highly desirable Redlands Unified School District: Mariposa Elementary (K-5), Moore MS (6-8), and Redlands East Valley HS. Also located within 1 mile Valley Preparatory School (PreK-8) an elite non-religiously affiliated private school. Newly remodeled kitchen, master bath and new flooring thought out. Newer HVAC and roof, 2019. Large backyard and room for RV parking on the side.
Location
Redlands, San Bernardino County, CA 92373
Open on Google Maps ↗Listed by: BRUCE LAMBETH · LAMBETH COMPANY REAL ESTATE
Payment estimate
$5,847
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,999 · Loan: $701,991
- Principal & Interest
- $4,442
- Property tax (1.25%)
- $812
- Homeowners insurance
- $300
- Mortgage insurance
- $292
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $27,300 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
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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