
Riverside, California 92505
This Luxury Turnkey Pool Residence is a Prime Investment Opportunity listed at $1,022,888—positioned well below the $1,049,999 Fair Market Value by 2%. This strategic pricing provides $27,111 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a Remodeled Quartz Kitchen, a resort-style Pool and Spa, and a highly functional Downstairs Bedroom Suite for multi-generational living. Located in the exclusive gated Montecito community near Hillcrest High School, this property offers a sophisticated lifestyle with zero deferred maintenance. It is the ideal match for growing families or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11552 Brookrun Court Subject | $1,022,888* List Price | 5 | 4 | 3,741 | $281 | - |
A 11587 Trailway Drive Sold | $870,000 | 5 | 5 | 4,264 | $204 | 0.4 mi |
B 12221 Dewar Drive Sold | $815,000 | 4 | 3 | 3,109 | $262 | 1.0 mi |
C 11558 Countryrise Lane Sold | $825,000 | 5 | 3 | 3,221 | $256 | 0.2 mi |
D 11524 Trailway Dr Sold | $1,050,000 | 4 | 5 | 4,312 | $244 | 0.4 mi |
E 4280 Riverfield Court Sold | $765,000 | 5 | 3 | 2,421 | $316 | 0.3 mi |
F 12047 Dewar Drive Sold | $825,000 | 5 | 3 | 2,336 | $353 | 0.9 mi |
G 11390 Parkfield Court Active | $798,888 List Price | 6 | 3 | 2,633 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has undergone extensive recent renovations that meet current luxury standards. Key updates include a fully remodeled kitchen with quartz countertops and stainless steel appliances, and completely renovated bathrooms featuring modern vanities and an expanded primary shower with multiple heads. With new interior and exterior paint, upgraded tile flooring, and modern light fixtures, the home shows no signs of deferred maintenance and presents as virtually new.
The home features a highly functional floor plan with a remodeled downstairs bedroom and full bath, ideal for multi-generational living, complemented by a recently updated kitchen and primary suite.
Situated on a premium corner lot, the backyard offers a private oasis with a thoughtfully placed pool and spa, large patio areas for entertaining, and expansive side yards for gardening or storage.
Located in the coveted Montecito community of Riverwalk, this property provides the security of a gated neighborhood along with excellent curb appeal and convenient access to shopping and OC commuter routes.
While the high school is rated well, several of the assigned elementary and middle schools in the Alvord Unified district carry lower performance ratings, which may be a concern for education-focused buyers.
A recent price reduction from the original list price suggests the property is navigating a sensitive price point for the Riverside market, potentially reflecting a shift in local buyer demand.
Beautiful Pool Home located in the highly Coveted Montecito community of Riverwalk. This large home is exquisite with many recent upgrades and remodeling. Upon arrival the corner lot and curb appeal will set the stage. Enter through the double doors to the formal living and dining rooms, the soaring ceilings, beautiful tile flooring upgraded chandelier and the massive windows with shutters make this formal space the perfect room for entertaining. The updated kitchen with center island is the Hub of the home. Stainless steel appliances, quartz counter tops with a beautiful tile backsplash, along with a large pantry and enough cabinet space for every kitchen gadget imaginable. The family room is open to the kitchen allowing for the open concept living. There is a large downstairs bedroom and remodeled full bathroom that is perfect for multi-Generational households. The laundry room has additional storage and is adjacent to a large walk-in closet that provides more storage than you thought existed. Upstairs there is a library loft with built in floor to ceiling shelves. The Entertainment loft is perfect for a 2nd family room and has a balcony that looks out towards the front. The Primary Suite overlooks the Resort like back yard and features a Newly remodeled Bathroom. The primary bathroom is Beautiful with a large soaking tub, expanded shower with multiple shower heads, the vanity has a beautiful white finish with dual sinks along with a massive walk-in closet. There are 3 additional bedrooms on the 2nd level along with 2 more full bathrooms. The back yard is where you can vacation at home. The pool and spa are thoughtfully placed allowing for large open yard and patio areas perfect for entertaining and play areas. The side yards are large and offer space for the storage shed and room to expand your garden. The home has had many recent upgrades, both the primary and downstairs bathroom are completely remodeled, paint inside and outside, along with many other updates. This desirable gated community is located close to restaurants, shopping, schools and provides easy access to the freeway for those OC commuters. Homes of this caliber with all attention to details are rare.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 3,741 | 1,513 | 96% |
| Lot Size | 8,712 | 7,841 | 57% |
| Price | $1.02M | $640.0K | 97% |
| Price per sq ft | $273 | $426 | 7% |
| Built year | 2003 | 1977 | 84% |
| HOA | $175.0 | $0 | 91% |
| Days on market | 66 | 172 | 8% |
Mar 15, 2026
$1,022,888
$1,049,999
-3% Price Drop
Initial Listing
Feb 15, 2026
$1,049,999
Initial Listing
Sep 27, 2024
$904,500
Public Record
Nov 5, 2010
$422,500
Public Record
Oct 10, 2003
$473,000
Public Record