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12550 Peachleaf Street, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 3 bath

12550 Peachleaf Street, Moreno Valley, California 92553 home-pic-0
ACTIVE$570,000
12550 Peachleaf Street, Moreno Valley, California 92553
4Beds
3Baths
2,141Sqft
6,970Lot
Year Built
1984
Close
-
List price
$570K
Original List price
$600K
Price/Sqft
$266
HOA
-
Days on market
-
Sold On
-
MLS number
IG25130958
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $570.0K(81th), sqft - 2141(94th), beds - 4(64th), baths - 3(73th).

Welcome to 12550 Peachleaf Lane, a spacious two story home in a quiet Moreno Valley neighborhood that offers room to grow and plenty of possibilities. Step into a dramatic living room with vaulted ceilings and a wall of windows that fills the space with natural light. The floor plan is ideal for both everyday life and entertaining, featuring a separate family room for movie nights, a formal dining room for gatherings, and a kitchen that connects them all. A sought after bedroom and full bath on the main level add flexibility for guests, multigenerational living, or a convenient home office. Upstairs, additional bedrooms are well proportioned and privately situated. Outside, the large lot delivers a blank canvas backyard ready for a pool, garden, or outdoor kitchen. An attached two car garage and generous driveway parking add convenience, while parks, schools, shopping, and freeway access are all close by. Move in and enjoy the space as it is or update over time to build instant equity. Buyer to verify all information.

Condition Rating
Fair
The property was built in 1984, making it 40 years old. While the exterior appears maintained, the interior, particularly the kitchen and bathrooms, is significantly outdated. The kitchen features original wood cabinets, tile countertops, and a dated fluorescent light fixture, though some appliances like the microwave and range appear newer. The bathroom also shows dated fixtures, vanity, and lighting. Carpets in living areas appear worn. The description itself suggests potential for updates to 'build instant equity,' indicating that modernization is needed. The home is functional but requires minor to moderate updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Flexible Living Arrangements: A sought-after bedroom and full bath on the main level provide excellent flexibility for guests, multi-generational living, or a dedicated home office.
Spacious & Bright Interiors: The dramatic living room features vaulted ceilings and a wall of windows, filling the space with abundant natural light and enhancing its spacious feel.
Customizable Outdoor Space: The large lot offers a 'blank canvas' backyard, presenting significant potential for a pool, garden, or outdoor kitchen to be added by the new owner.
Convenient Location: The property is ideally situated with close proximity to parks, schools, shopping centers, and major freeway access, enhancing daily convenience.
Equity Building Potential: The home offers a clear opportunity for buyers to update over time and build instant equity, allowing for personalization and increased value.

Cons

Requires Modernization: The description implies the home can be enjoyed 'as is' or 'updated over time,' suggesting that significant modernization may be desired to meet contemporary tastes and standards.
Age of Property: Built in 1984, the property may have original systems and finishes that could require maintenance, upgrades, or replacement in the near future.
Recent Price Adjustment: The property has undergone a price reduction from its original listing, which could indicate initial overpricing or a slower market response.

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