12221 Dewar Drive, Riverside, California 92505, Riverside, 92505 - 4 bed, 3 bath

12221 Dewar Drive, Riverside, California 92505 home-pic-0

12221 Dewar Drive

Riverside, California 92505

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
3,109Sq Ft
9,583Lot Size

Property Price

LIST PRICE$828,000
EST. MARKET VALUE
$828,000

SUMMARY

Analysis of 12221 Dewar Drive, Riverside, California 92505 reveals a Fairly Priced Property with a current list price of $828,000  aligned with the estimated $828,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$828,000
Based on Realkey algorithm analyzing recent comparable sales in Riverside.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
12221 Dewar Drive
Subject
$828,000*
List Price
433,109$266-
A
4224 Oliphant Court
Sold
$868,000433,305$2630.3 mi
B
11587 Trailway Drive
Sold
$870,000554,264$2040.7 mi
C
11558 Countryrise Lane
Sold
$825,000533,221$2560.9 mi
D
11524 Trailway Dr
Sold
$1,050,000454,312$2440.8 mi
E
11552 Brookrun Court
Active
$1,049,999
List Price
543,741$2811.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2015, this property falls within the 10-year window for an excellent rating. The home features a modern open-concept kitchen with granite countertops and a central island, brand-new wood-look flooring, and contemporary appliances. It is move-in ready with high-quality finishes and no visible deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern & Spacious Construction

    Built in 2015, this 3,109 sqft residence offers contemporary building standards and a generous 9,583 sqft lot, providing significantly more space and modern efficiency than older homes in the area.

  • Highly Functional Layout

    The floor plan features a sought-after main-floor bedroom and full bathroom, making it ideal for multi-generational living, guests, or a home office without sacrificing upstairs privacy.

  • Turn-Key Interior Finishes

    The home is move-in ready with new wood-look flooring and a large open-concept kitchen featuring granite countertops, a central island, and modern appliances perfect for entertaining.

CONSRISKS & DEFICIENCIES

  • Public Record Discrepancy

    The property is marketed as a 5-bedroom home while assessor data only reflects 4, which could lead to complications during the appraisal process or require verification of permits.

  • Inconsistent School Ratings

    While the local elementary school is well-rated, several nearby middle and elementary schools in the district have lower ratings (2-3/10), which may be a concern for education-focused families.

About 12221 Dewar Drive

Welcome to 12221 Dewar Drive, a beautifully maintained 5-bedroom, 3-bathroom home (Assessor data shows 4 bedrooms) in the desirable La Sierra neighborhood of Riverside. Built in 2015 and offering over 3,100 sqft of living space on a spacious 9,583 sqft lot, this two-story residence features an open-concept layout filled with natural light, new wood look floors, and a cozy fireplace. The large kitchen is equipped with modern appliances, granite countertops, a central island, and abundant cabinetry—ideal for family gatherings and entertaining. One bedroom and full bath are conveniently located on the main level, while the upstairs includes a luxurious primary suite and generously sized secondary bedrooms. Located minutes from schools, shopping, parks, and freeways, this home combines space, functionality, and everyday convenience in a quiet, well-established neighborhood. (Virtual Staging)

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2015
Lot Size
9,583 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$106.0 / Month

Neighborhood Insights

Riverside Unified Schools

Phillip M. Stokoe Elementary School

Grades PK-5 • 0.4 mi

3/10

Promenade Elementary School

Grades PK-5 • 0.8 mi

7/10

Valley View Elementary School

Grades K-5 • 1.2 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.02.0
74%
Square foot3,1091,497.5
94%
Lot Size9,5837,841
70%
Price$828.0K$640.0K
95%
Price per sq ft$266$427
6%
Built year20151977
95%
HOA$106.0$0
81%
Days on market212177
74%

Pricing History

Listed for Sale

Sep 12, 2025

$828,000

$848,000

-2% Price Drop

Initial Listing

Price Change

Aug 20, 2025

$848,000

$935,000

-9% Price Drop

Initial Listing

Price Change

Aug 7, 2025

$935,000

Initial Listing

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