11246 Coolwater Drive, Riverside, California 92505, Riverside, 92505 - 3 bed, 3 bath
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11246 Coolwater Drive
Riverside, California 92505
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,079Sq Ft
8,276.4Lot Size
Property Price
LIST PRICE$729,999
EST. MARKET VALUE
$749,500
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $749,500—positioned well below the $798,105 Fair Market Value by 6%. This valuation gap offers $48,605 in Instant Equity for the buyer. With a Condition Rating of 3, the home is move-in ready while offering potential for cosmetic updates. Key features include an open-concept layout, RV parking, and a private pool. This is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing space and lifestyle.
Estimated Market Value
$749,500
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11246 Coolwater Drive Subject | $729,999* List Price | 3 | 3 | 2,079 | $361 | - |
A 10937 Desert Sand Avenue Pending | $669,900 List Price | 3 | 2 | 1,485 | $451 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1977 but shows evidence of partial renovations within the last 5-15 years, including updated wood-look flooring and shutters. While the kitchen and bathrooms are dated with 1990s-style tile countertops and older white appliances, the home is exceptionally well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: John F. Kennedy High School (9/10).
- RV and Oversized Parking
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.
- Spacious Open-Concept Layout
Offering 2,079 square feet of living space, the home's modern open-concept design seamlessly connects the living, dining, and kitchen areas, making it ideal for entertaining.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1977, the property may require near-term capital improvements to major systems or cosmetic updates to align with contemporary energy efficiency and design standards.
- Modest School Ratings
The immediate neighborhood schools, including the local middle and high schools, carry lower performance ratings, which may be a consideration for families prioritizing top-tier education.
About 11246 Coolwater Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 8,276.4 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Rosemary Kennedy Elementary School
Grades K-5 • 1.0 mi
4/10
Twinhill Elementary School
Grades K-5 • 1.3 mi
4/10
Riverview Elementary School
Grades K-6 • 1.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,079 | 1,867.892 |
| Lot Size | 8,276.4 | 8,787.773 |
| Price | $730.0K | $692.3K |
| Price per sq ft | $351 | $386 |
| Built year | 1977 | 1980 |
| HOA | $0 | $151 |
| Days on market | 45 | 55 |
Pricing History
Listed for Sale
Aug 13, 2026
$729,999
$749,500
-3% Price Drop
Initial Listing
Price Change
Jul 26, 2026
$749,500
Initial Listing
Sold
Mar 25, 2005
$840,000
Public Record
Sold
Feb 16, 2001
$188,500
Public Record
Sold
Jan 10, 1997
$125,000
Public Record