11246 Coolwater Drive, Riverside, California 92505, Riverside, 92505 - 3 bed, 3 bath
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Riverside, California 92505
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $775,000—positioned well below the $872,490 Fair Market Value by 11%. This valuation gap provides $97,490 in Instant Equity. Featuring a Good Condition Rating, the home offers an open-concept layout, an above-ground pool, and RV parking. While local school ratings vary, the proximity to high-performing options adds long-term appeal. This property is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting a versatile asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11246 Coolwater Drive Subject | $775,000* List Price | 3 | 3 | 2,079 | $420 | - |
A 6390 Pullman Court Sold | $660,000 | 3 | 2 | 1,471 | $449 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the home is well-maintained and move-in ready with clear evidence of mid-term renovations. Interior features updated wood-look flooring, recessed lighting, and modernized bathroom vanities. The kitchen remains functional but dated with tile countertops and older white appliances, placing it firmly in the 'Good' category rather than 'Excellent'.
High School: John F. Kennedy High School (9/10).
The property features an attached two-car garage plus ample dedicated space for RV or trailer parking, a highly sought-after amenity for homeowners with recreational vehicles.
With 2,079 square feet of living space, the home offers a modern open-concept layout that seamlessly connects the living, dining, and kitchen areas, ideal for both daily life and entertaining.
Built in 1977, the home may require updates to its original systems or cosmetic finishes to meet the energy efficiency and aesthetic standards of modern buyers.
The immediate neighborhood schools, such as Valley View Elementary and Wells Middle School, have lower performance ratings, which may be a consideration for education-focused families.
Welcome to this beautifully maintained two-story home offering 2,079 square feet of comfortable living space in a desirable Riverside neighborhood and offers 0.19 acre of land . Featuring 3 spacious bedrooms and 2.5 bathrooms, this residence is designed with both functionality and style in mind. Step inside to an inviting open-concept layout that seamlessly connects the living, dining, and kitchen areas—perfect for everyday living and entertaining. The cozy fireplace adds warmth and charm, creating an ideal gathering space for family and friends. Upstairs, you’ll find generously sized bedrooms, including a well-appointed primary suite that offers a peaceful retreat. Outside, enjoy the private rear patio—perfect for relaxing or hosting outdoor get-togethers—along with an above-ground pool for those warm California days. Additional highlights include an attached two-car garage and ample space for RV or trailer parking, providing both convenience and flexibility. Located at 11246 Coolwater Dr in Riverside, this home offers a wonderful combination of comfort, space, and practicality—ready for you to move in and make it your own.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,079 | 1,547.5 | 81% |
| Lot Size | 8,276 | 7,841 | 52% |
| Price | $775.0K | $650.0K | 85% |
| Price per sq ft | $373 | $416 | 40% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 180 | 3% |
May 7, 2026
$775,000
Initial Listing
Mar 25, 2005
$840,000
Public Record
Feb 16, 2001
$188,500
Public Record
Jan 10, 1997
$125,000
Public Record