11056 Orchard View Lane, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $899,500—positioned well below the $985,581 Fair Market Value by 8%. This valuation gap offers $86,081 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a spa-like primary suite, dual fireplaces, and an expansive 77,101 sq. ft. lot with scenic hillside views. This property balances lifestyle comfort with financial upside, making it an ideal acquisition for Owner-Occupants seeking privacy or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11056 Orchard View Lane Subject | $899,500* List Price | 4 | 3 | 2,348 | $420 | - |
A 12257 Skywood Court Active | $899,900 List Price | 3 | 2 | 1,986 | $453 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1987 (37 years old), the description of a 'spa-like' primary bathroom and 'well-appointed' kitchen indicates significant modern renovations, likely within the 5-15 year range. The property is marketed as move-in ready and well-maintained, elevating it from 'Fair' to 'Good' despite its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 77101, living area = 2348.
Situated on over 77,000 square feet, this massive lot offers exceptional privacy, mature citrus trees, and ample space for RV parking, which is a significant rarity for the area.
The property’s elevated position in 'The Orchard' provides stunning panoramic views of city lights and hills, creating a serene retreat atmosphere perfect for enjoying sunsets.
With a build date of 1987, the home may require cosmetic updates to the kitchen and secondary bathrooms to align with contemporary luxury standards and maximize market value.
The list price was recently adjusted upward from $889,000 to $899,500, which may lead to increased scrutiny from buyers regarding the property's appraised value versus comparable sales.
Enjoy this home before the end of Summer! Beautiful view! Wonderful sunsets! Come home to your retreat nestled in the hills of the beautiful community of "The Orchard," A home situated on a lot of over 77,000 square feet. This single-story property has 4 bedrooms. You can relax in the primary suite, which features a "Spa-like" bathroom, 2 full baths, and a half bath, a well-appointed kitchen, dining room, living room, and Family room. including two fireplaces, great for entertaining or for enjoying time with family and friends. This property also has wonderful orange and lemon trees. There is plenty of space for guests and RV parking. This is truly a "must-see." Close to the freeway, shopping, and restaurants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,348 | 1,642 | 69% |
| Lot Size | 77,101.203 | 8,058.5 | 97% |
| Price | $899.5K | $662.5K | 81% |
| Price per sq ft | $383 | $391 | 43% |
| Built year | 1987 | 1983 | 55% |
| HOA | $48.0 | $0 | 67% |
| Days on market | 0 | 153 | 2% |
Apr 19, 2026
$899,500
Initial Listing
Apr 17, 2026
$889,000
Initial Listing
Nov 9, 2020
$610,000
Public Record
Oct 1, 2015
$549,000
Public Record
Jun 20, 1995
$238,000
Public Record