10220 Balmoral Court, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath

10220 Balmoral Court, Riverside, California 92503 home-pic-0
ACTIVE$1,020,000
10220 Balmoral Court, Riverside, California 92503
3Beds
2Baths
2,132Sqft
31,799Lot
Year Built
1967
Close
-
List price
$1.02M
Original List price
$1.2M
Price/Sqft
$478
HOA
-
Days on market
-
Sold On
-
MLS number
IV25074835
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood
Deck
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.02M(87th), sqft - 2132(65th), beds - 3(40th), baths - 2(50th).

This house comes with a REDUCED RATE as low as 5.625% (APR 6.249%) as of 05/08/2025. This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment. Terms apply, see disclosures for more information. Enjoy quiet mornings and unforgettable sunsets. Step into timeless elegance with this stunning mid-century modern home, a rare custom creation by renowned Riverside Architect Harry Marsh and his team. Thoughtfully situated on a peaceful .73-acres lot at the end of a tranquil cul-de-sac. This property boasts panoramic city and mountain views and offers a unique blend of classic design and modern look. Every inch of this residence reflects craftsmanship, with a creative vision that honors the home's original character while incorporating high-end upgrades. From the moment you enter, you'll notice the expansive windows and an effortless flow between indoor and outdoor living spaces. Located in one of Riverside's desirable neighborhoods, you're just minutes from major shopping centers, restaurants, schools, entertainment, the metro link and freeway access. Combining the serenity of private retreat with the convenience of city living. Don't miss this rare opportunity to own a piece of architectural history. Schedule your private tour today!

Price History

Date
Event
Price
08/08/25
Price Change
$1,020,000
04/05/25
Listing
$1,200,000
Condition Rating
Excellent

This 1967-built mid-century modern home has undergone an extensive, high-end renovation, as evidenced by the description and images. The property features modern large-format tile flooring, contemporary recessed lighting, and updated light fixtures throughout. The bathrooms are virtually new, showcasing sleek floating vanities, modern mirrors, and walk-in showers with rain shower heads and glass enclosures, all reflecting current design trends. While kitchen images are not provided, the overall consistent level of modern upgrades and pristine condition of visible areas strongly suggest a comprehensive recent renovation, meeting the 'extensively renovated within 5 years' criteria for an 'Excellent' rating.
Pros & Cons

Pros

Architectural Significance: A rare custom mid-century modern home designed by renowned architect Harry Marsh, offering unique historical and aesthetic value.
Panoramic Views: Features stunning panoramic city and mountain views, providing a desirable backdrop and enhancing property appeal.
Expansive & Private Lot: Situated on a peaceful 0.73-acre lot at the end of a tranquil cul-de-sac, ensuring privacy and ample outdoor living space.
Thoughtful Design & Upgrades: Blends classic design with modern high-end upgrades, showcasing craftsmanship and an effortless indoor/outdoor flow.
Financial Incentive: Includes a seller-paid rate buydown offering a reduced interest rate (as low as 5.625%), a significant financial benefit for buyers.

Cons

Age of Systems: Built in 1967, the property's age may suggest potential for older core systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or updates.
Limited Bedroom Count for Lot Size: With 3 bedrooms and 2 bathrooms on a large 0.73-acre lot, the interior living space or bedroom count might be considered modest by some buyers seeking more expansive accommodations relative to the property's footprint.
Recent Price Adjustment: A recent significant price reduction from $1.2M to $1.02M could suggest an initial overpricing or extended market time, potentially raising buyer questions about its true market value.

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