
Riverside, California 92505
This Stunning Turnkey Estate is a Strong Value Opportunity, listed at $1,010,000—positioned well below the $1,050,000 Fair Market Value by 3%. This valuation gap offers $40,000 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this home offers a gourmet kitchen and resort-style pool in the exclusive Montecito community. With its versatile floor plan and proximity to Riverside Unified schools, this property is an ideal acquisition for Owner-Occupants or discerning families seeking luxury and long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11499 Bridgeway Subject | $1,004,900* List Price | 5 | 4 | 3,989 | $263 | - |
A 11552 Brookrun Court Sold | $1,004,000 | 5 | 4 | 3,741 | $268 | 0.1 mi |
B 11558 Countryrise Lane Sold | $825,000 | 5 | 3 | 3,221 | $256 | 0.2 mi |
C 11141 Gardenhurst Court Sold | $725,000 | 4 | 3 | 2,961 | $245 | 0.9 mi |
D 12023 Knoefler Sold | $798,000 | 5 | 3 | 2,686 | $297 | 0.9 mi |
E 11587 Trailway Drive Sold | $870,000 | 5 | 5 | 4,264 | $204 | 0.5 mi |
F 4285 Gardendale Court Sold | $820,000 | 4 | 3 | 2,654 | $309 | 0.3 mi |
G 11416 Bridgeway Drive Active | $1,050,000 List Price | 5 | 4 | 3,989 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2001, the property has undergone a high-end, recent renovation (likely <5 years) featuring a gourmet kitchen with quartz countertops, updated white cabinetry, and modern stainless appliances. The bathrooms are fully updated with spa-inspired finishes, and the home features contemporary flooring, crown molding, and a turnkey interior in mint condition.
The property features a private backyard oasis with a sparkling pool and outdoor grilling area, offering a luxury retreat perfect for year-round entertainment.
With nearly 4,000 square feet of living space, the home includes a highly desirable downstairs junior suite and a spacious upstairs loft, ideal for multigenerational living or a home office.
Located in the prestigious Montecito community, residents benefit from enhanced security and access to premium amenities including scenic trails, parks, and sports courts.
Given the large 3,989 square foot footprint of the home and the inclusion of a private pool, the 6,970 square foot lot offers minimal traditional green space or lawn area.
The combination of a monthly HOA fee and the upkeep required for a large pool home and extensive square footage may result in higher-than-average recurring carrying costs.
LUXURY LIVING IN THE EXCLUSIVE GATED COMMUNITY OF MONTECITO! Welcome to this stunning turnkey estate offering approximately 4,000 square feet of elegant living space, featuring 5 bedrooms, 4 full bathrooms, a 3-car garage, and a private resort-style pool. Designed for both sophisticated entertaining and comfortable everyday living, this exceptional residence showcases an expansive open-concept floor plan filled with natural light. The gourmet chef’s kitchen is beautifully appointed with quartz countertops, abundant cabinetry, a walk-in pantry, and a seamless flow into the spacious family room, where a warm fireplace creates the perfect gathering space. Large sliding glass doors open to the backyard retreat, blending indoor and outdoor living. A highly desirable downstairs junior suite provides privacy and flexibility for guests, multigenerational living, or a private home office. Upstairs, you'll find generously sized secondary bedrooms, a spacious loft/game room, and a convenient upstairs laundry room. The luxurious primary suite serves as a private sanctuary, featuring a spa-inspired bathroom with dual vanities, a dedicated makeup station, soaking tub, oversized walk-in shower, and dual walk-in closets. Step outside to your private backyard oasis, complete with a sparkling pool and outdoor grilling area, creating the ultimate setting for entertaining and relaxation year-round. Residents of Montecito enjoy exclusive access to scenic walking trails, basketball and volleyball courts, parks, and a children's playground. Ideally located near the University of California, Riverside, The Shops at Riverwalk, Riverwalk Bark Park, major freeways, shopping, dining, and entertainment. This exceptional luxury pool home offers the perfect combination of elegance, comfort, and convenience. Schedule your private showing today and experience Montecito living at its finest.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,989 | 1,723 |
| Lot Size | 6,970 | 8,712 |
| Price | $1.00M | $676.0K |
| Price per sq ft | $252 | $395 |
| Built year | 2001 | 1977 |
| HOA | $180.0 | $125 |
| Days on market | 33 | 58 |
Jul 4, 2026
$1,004,900
$1,010,000
-1% Price Drop
Initial Listing
Jun 20, 2026
$1,010,000
Initial Listing
Jun 19, 2026
$1,050,000
Initial Listing
May 17, 2022
$870,000
Public Record
Nov 5, 2004
$685,000
Public Record
Oct 1, 2002
$410,000
Public Record