12023 Knoefler, Riverside, California 92505, Riverside, 92505 - 5 bed, 3 bath
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Riverside, California 92505
This Modern Move-In Ready Residence is a Strong Value Opportunity, listed at $825,000—positioned well below the $854,261 Fair Market Value by 3%. This valuation gap provides $29,261 in Instant Equity. Boasting an Excellent Condition Rating, the 2018-built home features Vaulted Ceilings, an Updated Kitchen with stainless appliances, and a Private Patio with the rare benefit of No HOA. Located near Promenade Elementary (Rating 7), it balances financial upside with premium lifestyle amenities. This is an ideal match for growing families or Owner-Occupants seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12023 Knoefler Subject | $817,500* List Price | 5 | 3 | 2,686 | $307 | - |
A 11558 Countryrise Lane Sold | $825,000 | 5 | 3 | 3,221 | $256 | 0.7 mi |
B 4674 Trailmore Court Sold | $695,000 | 3 | 3 | 1,880 | $370 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was built in 2018, placing it well within the 10-year threshold for an excellent rating. It features modern aesthetics including vaulted ceilings, laminate flooring throughout, and an updated kitchen with stainless steel appliances. As a relatively new construction that is move-in ready with no signs of deferred maintenance, it meets all criteria for the highest quality score.
Seller is willing to CREDIT buyers up to $7500 to be used for repairs, closing costs, or rate buy downs! Welcome to this spacious and beautifully updated two-story home in the heart of Riverside, conveniently located just one mile from La Sierra University. Offering 5 bedrooms and 3 full bathrooms, this home features a highly desirable open floor plan filled with natural light and soaring vaulted ceilings that create an airy, inviting feel. The main level includes a full bedroom and bathroom—perfect for guests, multigenerational living, or a home office. The updated kitchen is equipped with stainless steel appliances and flows seamlessly into the living and dining areas, ideal for both everyday living and entertaining. Laminate flooring runs throughout the home, adding a clean, modern touch. Additional highlights include a 2-car garage with a convenient laundry/mudroom just off the entry, ample storage, and thoughtful updates throughout. Enjoy easy access to major freeways, shopping, dining, and local amenities, making this home as convenient as it is comfortable. As an added benefit this home has NO HOA! A fantastic opportunity to own a move-in-ready home in a prime Riverside location
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,686 | 1,540 | 89% |
| Lot Size | 5,227 | 7,841 | 13% |
| Price | $817.5K | $640.0K | 93% |
| Price per sq ft | $304 | $420 | 12% |
| Built year | 2018 | 1977 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 166 | 9% |
Apr 8, 2026
$817,500
$825,000
-1% Price Drop
Initial Listing
Feb 19, 2026
$825,000
Initial Listing
Jun 8, 2022
$650,000
Public Record