
Riverside, California 92505
This Single-Story Gated Residence is a Strong Value Opportunity, listed at $849,000—positioned well below the $877,366 Fair Market Value by 3%. This valuation gap provides $28,366 in Instant Equity for the buyer. Boasting a Move-In Ready Condition Rating, the home features paid-in-full solar panels, a private pool and spa, and a versatile office/4th bedroom layout. Located in the prestigious Montecito Estates, it offers a secure lifestyle near Hillcrest High School. This is an exceptional acquisition for growing families or Owner-Occupants seeking long-term energy savings and luxury amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11571 Trailrun Court Subject | $849,000* List Price | 3 | 3 | 2,644 | $332 | - |
A 11116 Wayfield Road Sold | $714,500 | 3 | 3 | 2,140 | $334 | 0.7 mi |
B 4280 Riverfield Court Sold | $765,000 | 5 | 3 | 2,421 | $316 | 0.3 mi |
C 11529 Trailrun Court Sold | $815,000 | 3 | 3 | 2,644 | $308 | 0.1 mi |
D 12221 Dewar Drive Sold | $815,000 | 4 | 3 | 3,109 | $262 | 0.9 mi |
E 4161 Stonewall Sold | $685,000 | 3 | 2 | 1,748 | $392 | 0.4 mi |
F 12018 Dewar Drive Sold | $810,000 | 5 | 3 | 2,336 | $347 | 0.7 mi |
G 4285 Gardendale Court Active | $814,999 List Price | 4 | 3 | 2,654 | $307 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 2002 build year. It features high-value additions such as paid-in-full solar panels, a well-kept pool and spa, and a mix of hardwood and tile flooring. While the kitchen and bathrooms show some stylistic dating—specifically the white tile countertops and older cabinetry styles—the appliances are functional, and the home shows minimal physical depreciation or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2644.
The property features custom solar panels that are paid in full, offering the homeowner significant long-term savings on utility costs and enhancing the home's overall value.
The backyard is a private oasis equipped with a pool, spa, custom outdoor shower, and mature fruit trees, providing an exceptional space for relaxation and entertainment.
While the property is conveniently located near several schools, many of the assigned elementary and middle schools have lower academic ratings, which may be a concern for education-focused buyers.
The property is subject to a $170 monthly association fee, which adds to the fixed monthly carrying costs and may be a deterrent for buyers seeking a non-gated environment.
Single story, desirable gated in the Montecito Estates in Riverwalk community. POOL and SPA, This 3-bedroom, 3-bath home includes a separate office that can be used as a 4th bedroom. Home is nestled on a cul-de-sac , this gem is walking distant to nearby park (great for cyclist, joggers, and enthusiasts of other sports), close to freeways, elementary, junior and high school and University. Minutes to downtown and shopping centers. Enter this 2,644 sqft storybook home and enjoy the features of hardwood and tile floors, fireplace, spacious kitchen countertop, generous living and dining room, large backyard, covered patio, a hot tub in master bathroom with his and her walk-in closet. Summer poolside, outdoor custom build shower. Best of all, enjoy the paid in full custom solar panels for all your energy saving needs. And enjoy fruit trees such as Fig, Pomegranate and Lemon in the back yard.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades PK-5 • 0.6 mi
Grades PK-5 • 1.0 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 | 74% |
| Square foot | 2,644 | 1,540 | 89% |
| Lot Size | 10,890 | 7,841 | 76% |
| Price | $849.0K | $640.0K | 95% |
| Price per sq ft | $321 | $420 | 16% |
| Built year | 2002 | 1977 | 77% |
| HOA | $170.0 | $0 | 87% |
| Days on market | 33 | 166 | 1% |
Mar 20, 2026
$849,000
Initial Listing
Jun 13, 2018
$520,000
Public Record
Oct 5, 2011
$306,000
Public Record
Nov 9, 2006
$605,000
Public Record
Jan 30, 2003
$317,500
Public Record