12329 Mimosa Ln, Riverside, California 92503, Riverside, 92503 - 5 bed, 3 bath
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Riverside, California 92503
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $775,000—positioned well below the $781,260 Fair Market Value by 0.8%. This property offers $6,260 in Instant Equity. Featuring a Condition Rating of 3, the home includes a newer HVAC system, upgraded tile, and a private backyard with fruit trees. Located in the Victoria Grove community with access to a pool and spa, it is an ideal fit for Owner-Occupants or growing families seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12329 Mimosa Ln Subject | $775,000* List Price | 5 | 3 | 2,490 | $314 | - |
A 12390 Jacaranda Sold | $799,000 | 4 | 3 | 2,466 | $324 | 0.1 mi |
B 12492 Poinsetta Sold | $955,500 | 4 | 3 | 2,746 | $348 | 0.4 mi |
C 12032 Brianwood Sold | $815,000 | 3 | 2 | 2,505 | $325 | 0.5 mi |
D 17891 Robusta Drive Sold | $750,000 | 6 | 3 | 2,917 | $257 | 0.5 mi |
E 12375 Brianwood Sold | $835,000 | 4 | 3 | 2,649 | $315 | 0.7 mi |
F 12806 Mendocino Ridge Sold | $910,000 | 4 | 3 | 2,550 | $357 | 0.7 mi |
G 12656 Avocado Sold | $825,000 | 5 | 3 | 3,142 | $263 | 0.4 mi |
H 17384 Blue Ridge Court Sold | $865,000 | 5 | 4 | 3,387 | $255 | 0.7 mi |
I 12758 Royal Palm Lane Active | $799,300 List Price | 4 | 2 | 2,626 | $304 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000 (24 years old), the property is well-maintained and move-in ready. It features a newer HVAC system and refreshed interior finishes like crown molding and upgraded tile. While the bathrooms appear to be original builder-grade, they are functional and clean, meeting the criteria for a well-maintained home of its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2490.
The property features a newer HVAC system, refreshed interior and exterior finishes, and upgraded tile flooring, offering a move-in-ready experience with reduced immediate maintenance costs.
Situated on a generous 10,454 sqft lot, the home includes a private backyard with fruit-bearing trees, a covered patio, and stamped concrete, providing an ideal space for entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While the elementary and middle schools are highly rated, the assigned Arlington High School has a lower rating of 5, which may be a consideration for families with older children.
The home's proximity to the 91 Freeway provides easy access but may also result in increased neighborhood traffic and noise levels during peak commuting hours.
Welcome to 12329 Mimosa Lane, a beautifully maintained 5-bedroom, 3-bathroom home located in the desirable Victoria Grove community with a low HOA. This spacious residence features upgraded tile flooring, crown molding throughout, a newer HVAC system, a three-car garage, a generous walk-in closet, and refreshed interior and exterior finishes. Step outside to a lush, private backyard complete with fruit-bearing trees, a covered patio, and a stamped concrete walkway—creating a peaceful and tranquil setting for relaxing or entertaining. Victoria Grove residents also enjoy access to a community pool, spa, and playground. Conveniently located near the 91 Freeway, shopping, dining, schools, and everyday amenities.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 5.8 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,490 | 1,723 |
| Lot Size | 10,454 | 8,712 |
| Price | $775.0K | $676.0K |
| Price per sq ft | $311 | $395 |
| Built year | 2000 | 1977 |
| HOA | $184.0 | $125 |
| Days on market | 8 | 58 |
Jul 14, 2026
$775,000
Initial Listing
Jun 20, 2001
$231,000
Public Record