tomo logo

$4,000,000

Beds
7
Baths
5.0
sq ft
7,400

303 E Mariposa Dr, Redlands, CA 92373

303 E Mariposa Dr

Redlands, CA 92373

  • 279 days on market
    • Price drop $125,000↓
Located at Redlands Country Club, this stunning Spanish compound is an absolute must-see. Sitting on over 3 acres, this well-maintained property offers something for everyone. The residence boasts over 7 bedrooms and 6 bathrooms, each offering ample space and natural light. The kitchen has modern appliances, providing a delightful space for culinary enthusiasts. The family room offers a warm ambiance with vaulted ceilings, travertine stone flooring, and custom features throughout. Additional mentions include a wine cellar, 5 fireplaces, and a separate living room perfect for relaxing with a quality theatre sound system or entertaining guests: step outside to discover a backyard that offers a private retreat, and a massive pool with a Jacuzzi. Enjoy the California sun while strolling through the gardens, filled with an abundance of roses, and flowers, an olive tree grove, a citrus grove, avocado trees, and a chicken coup that is more like a chicken hotel. The 6-car garage with epoxy flooring provides generous storage options and ample parking space. The separate and equally stunning 2-bedroom guest house includes a full bath and spacious living room and a full kitchen. The property runs off a massive solar system that powers the entire property. Complete with RV parking and hookups, the property is conveniently situated in a desirable neighborhood, close to amenities, schools, and parks. Enjoy the vibrant community of Redlands, known for its cultural attractions, parks, community events, and much more.

Details

Property type

Single Family Residence

Est. home value

$4,121,631

Property condition

Updated/Remodeled

Lot size

2.47 acres

Price per sq ft

$541

Year built

1923

Price History

08/06/2024
CRMLS

CRMLS #OC24032686

Price change
$4,000,000
-3.03%
06/21/2024
CRMLS

CRMLS #OC24032686

Price change
$4,125,000
-2.94%
06/09/2024
CRMLS

CRMLS #OC24032686

Price change
$4,250,000
-3.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Golf, Street Lights, Sidewalks, Park

High school district: 

Redlands Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Commercial Funding Llc

Loan start date

June 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.27%

Loan type

Not Provided

Seller

Jonathan Brooks Bailey and The Summer Oaks Trust

Lender

Prospectors Fcu

Loan start date

February 2021

Original loan amount

$1,550,000

Est. remaining balance

$1,208,401

Interest rate

2.17%

Loan type

New Conventional, 15 year

Seller

Jonathan Brooks Bailey and Jonathan Brooks Bailey 2007 Revocable Tr

Lender

Worldyao Resort Inc

Loan start date

July 2020

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

3.21%

Loan type

Commercial

Seller

Jonathan Bailey

Lender

Parkside Lending Llc

Loan start date

November 2019

Original loan amount

$1,200,000

Est. remaining balance

$1,127,237

Interest rate

3.65%

Loan type

New Conventional, 40 year

Seller

Jonathan Brooks Bailey

Lender

Washington Mutual Bank Fa

Loan start date

May 2003

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Leonard L Bailey and Nancy S Bailey

Lender

Phh Mtg Services

Loan start date

August 2002

Original loan amount

$1,125,000

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Stand Alone First, 30 year

Seller

Leonard L Bailey and Nancy S Bailey

Lender

Redlands Centennial Bank

Loan start date

January 2001

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

7.42%

Loan type

Building or Construction Loan

Seller

Leonard L Bailey and Nancy S Bailey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$3,999,900
6 bd
|
8 ba
|
8,900 sq ft
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House

1688 Dwight St, Redlands, CA 92373

Status: Active

Tomo last checked: 11/19/2024 at 9:45 PM

Listing updated: 10/19/2024 at 4:50 AM

Listed by: Brooks Bailey, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #OC24032686

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