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12257 Skywood Court, Riverside, California 92503, Riverside, 92503 - 3 bed, 2 bath

12257 Skywood Court, Riverside, California 92503 home-pic-0
ACTIVE$999,900
12257 Skywood Court, Riverside, California 92503
3Beds
2Baths
1,986Sqft
63,598Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63598, living area = 1986.
Top Cons:
Age of Property & Potential for Modernization: Built in 1963, the home itself may require significant updates and renovations to meet contemporary aesthetic and functional standards, as the description focuses more on land potential than interior condition.

Compared to the nearby listings

Price:$999.9K vs avg $670.0K (+$329,900)86%
Size:1,986 sqft vs avg 1,695 sqft59%
Price/sqft:$503 vs avg $38583%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this property's interior, particularly the kitchen and bathrooms, is significantly outdated, appearing to have had its last major updates 30-50 years ago. The kitchen features original-style wood cabinets, dated laminate countertops, older black appliances, and a very old light fixture. The bathrooms also show original-style vanities, dated countertops, and older tile work. While the property is functional, it requires substantial rehabilitation and modernization to meet current quality standards and buyer expectations. The description's focus on land potential rather than interior condition further supports the need for extensive renovation.
Year Built
1963
Close
-
List price
$1,000K
Original List price
$1.17M
Price/Sqft
$503
HOA
-
Days on market
-
Sold On
-
MLS number
PW25104362
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood
Deck
ViewCity Lights,Hills,Mountain(s),Neighborhood

About this home

HUGE PRICE DROP!!! AMAZING PROPERTY…Nearly 360° Views above the rooftops. This 3 bed / 2 bath home sits on nearly 1.5 acres and is situated in the center of Victoria Grove, a gated neighborhood, which was built around the property. As you enter the property, you have ample parking for 6+ vehicles. Your front porch has some great mountain views and Downtown Riverside’s city lights on those clear nights. The formal dining room's picture window shares some of those same views. BUT WAIT, THERE ARE MORE VIEWS... The family room catches those sunsets that we all love in the summer. WAIT IS THAT ALL?? NO WAY. Check out that HUGE COVERED DECK!!. Great for entertaining, or simply relaxing with the breeze coming up the hills. The remainder of the property is there for you, your creativity, and your imagination. Build an ADU or two or three? Maybe an infinity pool? Maybe bring it back to its glory days, with rows of Orange and Avocado Trees. You might be able to do them all with the space that you have. Check local zoning and permitting of course.

Condition Rating
Poor
Built in 1963, this property's interior, particularly the kitchen and bathrooms, is significantly outdated, appearing to have had its last major updates 30-50 years ago. The kitchen features original-style wood cabinets, dated laminate countertops, older black appliances, and a very old light fixture. The bathrooms also show original-style vanities, dated countertops, and older tile work. While the property is functional, it requires substantial rehabilitation and modernization to meet current quality standards and buyer expectations. The description's focus on land potential rather than interior condition further supports the need for extensive renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63598, living area = 1986.
Panoramic Views: The property boasts nearly 360° views, including mountain vistas, Downtown Riverside city lights, and stunning sunsets, significantly enhancing its appeal and value.
Expansive Lot & Development Potential: Situated on nearly 1.5 acres, the property offers vast potential for expansion, including building ADUs, an infinity pool, or cultivating orchards, subject to local zoning.
Gated Community Location: Located in the center of Victoria Grove, a gated neighborhood, providing enhanced security, privacy, and an exclusive living environment.
Significant Price Reduction: A 'HUGE PRICE DROP' from the original list price to $999,900 presents a more attractive investment opportunity for potential buyers.
Ample Parking & Outdoor Entertainment: Features ample parking for 6+ vehicles and a huge covered deck, ideal for entertaining guests or enjoying the outdoor breeze and views.

Cons

Age of Property & Potential for Modernization: Built in 1963, the home itself may require significant updates and renovations to meet contemporary aesthetic and functional standards, as the description focuses more on land potential than interior condition.
Uncertainty of Development Potential: While the large lot offers potential for ADUs or other additions, the explicit caveat to 'Check local zoning and permitting of course' indicates that these possibilities are not guaranteed and require buyer's due diligence and investment.
Limited Interior Detail: The property description extensively highlights exterior views and land potential but provides minimal information regarding recent interior renovations or modern amenities within the 3-bed, 2-bath home, which could imply it is dated or requires significant upgrades.

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