
Riverside, California 92505
This Spacious Two-Story Residence in The Palisades at Riverwalk represents a High-Potential Investment Opportunity, listed at $1,299,000—positioned well above the $1,063,099 Fair Market Value by -22%. While currently priced above market, the home features a Condition Rating of 3, offering a Gourmet Chef's Kitchen and a rare 4-car garage. With a main-floor bedroom ideal for multigenerational living, this property provides significant lifestyle utility. It is an ideal acquisition for Owner-Occupants seeking a premium gated community or long-term residents prioritizing space and security.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11563 Trailway Drive Subject | $1,299,000* List Price | 4 | 5 | 4,312 | $247 | - |
A 11552 Brookrun Court Sold | $1,004,000 | 5 | 4 | 3,741 | $268 | 0.4 mi |
B 11514 Trailway Active | $998,000 List Price | 5 | 5 | 4,281 | $233 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (24 years old), the property is well-maintained and move-in ready. While the granite is older, the home features significant updates including stainless steel appliances, painted cabinetry, and newer wood-style flooring, fitting the criteria for a property with a 5-15 year renovation history.
The expansive 4,312 sqft layout features a rare main-floor bedroom with a private en-suite bath, providing ideal accommodations for guests or extended family members.
Situated in the prestigious gated Palisades at Riverwalk, the property offers enhanced security, exclusive amenities, and a massive 4-car garage which is a significant rarity for the area.
The high-end kitchen is designed for entertaining, featuring granite countertops, a butler's pantry, double ovens, and a large center island that flows seamlessly into the family room.
With 130 days on market and multiple price reductions from the original $1.399M list price, the property may be facing challenges with buyer perception or local market demand.
The assigned public schools for this address have mixed ratings, with several middle and elementary schools scoring below average, which may deter education-focused buyers.
Welcome to luxury living in the prestigious gated community of The Palisades at Riverwalk! This impressive two-story residence offers approximately 4,312 square feet of thoughtfully designed living space with 4 spacious bedrooms and 4 full bathrooms, including a desirable main-floor bedroom with a private en-suite bath, perfect for guests or multigenerational living, and a poudder room (1/2 bath). Step through the grand double-door entry into an elegant home featuring soaring ceilings, abundant natural light, designer tile flooring, and an open-concept floor plan. The gourmet kitchen is a chef's dream, complete with granite countertops, a large center island, stainless steel appliances, double ovens, a butler's pantry, and a generous walk-in pantryall flowing seamlessly into the spacious family room with a cozy fireplace. Upstairs, the expansive primary suite offers a private retreat with a spa-inspired bathroom, soaking tub, separate shower, dual vanities, and oversized walk-in closet. The additional bedrooms are generously sized, each offering comfort and privacy. Situated on an approximately 8,276-square-foot lot, the backyard provides plenty of space for entertaining, relaxing, or creating your own outdoor oasis. Additional highlights include a 4-car attached garage, indoor laundry room, central heating and air conditioning, recessed lighting, and dual-pane windows. Residents enjoy the security and amenities of The Palisades community, including parks, playgrounds, sport courts, and beautifully maintained common areas, with convenient access to shopping, dining, schools, major freeways, and the Riverwalk area. ________________________________________
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades PK-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 2.3 |
| Square foot | 4,312 | 1,867.892 |
| Lot Size | 8,276 | 8,787.773 |
| Price | $1.30M | $692.3K |
| Price per sq ft | $301 | $386 |
| Built year | 2002 | 1980 |
| HOA | $190.0 | $151 |
| Days on market | 137 | 55 |
Sep 2, 2026
$1,299,000
$1,349,000
-4% Price Drop
Initial Listing
Jul 29, 2026
$1,349,000
$1,399,000
-4% Price Drop
Initial Listing
Apr 25, 2026
$1,399,000
Initial Listing
Jul 5, 2019
$620,000
Public Record
Jun 3, 2016
$520,000
Public Record
Nov 27, 2002
$450,000
Public Record