12564 Bougainvillea Way, Riverside, California 92503, Riverside, 92503 - 6 bed, 4 bath

12564 Bougainvillea Way, Riverside, California 92503 home-pic-0
ACTIVE UNDER CONTRACT$880,000$3,464/sqft
Est. Value: $866,661
-1%
FairlyEstimate
12564 Bougainvillea Way, Riverside, California 92503
6Beds
4Baths
3,464Sqft
10,019Lot

Price Vs. Estimate

The estimated value ($866,661.29) is $13,338.71 (1%) lower than the list price ($880,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Living Space with Independent Suite: The expansive 3,464 sq ft home offers 7 bedrooms and 3.5 bathrooms, including a highly desirable 2-bedroom, 1-bathroom independent suite with a separate entrance, perfect for multi-generational living, rental income, or a dedicated home office.
Top Cons:
Active Under Contract Status: The property is currently 'Active Under Contract,' which means it is not immediately available for new offers, potentially limiting opportunities for interested buyers.

Compared to the nearby listings

Price:$880.0K vs avg $680.0K (+$200,000)77%
Size:3,464 sqft vs avg 1,759 sqft83%
Price/sqft:$254 vs avg $3819%

More Insights

Built in 2001 (25 years old).
Condition: Built in 2001, this property is 23 years old. While well-maintained with clean interiors and some updated flooring, the bathroom style (vanity, tile color) appears consistent with its original construction period and does not suggest a recent extensive renovation. The property is functional and livable but shows signs of being outdated in certain areas, aligning with the 'Fair' condition criteria for homes built over 20 years ago without major recent renovations.
Year Built
2001
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
$254
HOA
$187
Days on market
-
Sold On
-
MLS number
TR26000328
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to 12564 Bougainvillea Way Riverside 92503, VICTORIA GROVE Community, conveniently located 3 miles south of 91 Freeway exit off La Sierra offering additional peace of mind for the GATE. There is too much to see in and around the neighborhood (Victoria Grove has. Pool, Spa/Hot Tub, Picnic Area, Playground, Biking Trails, Gym/Ex Room, Recreation Room). The House has a three car garage is 3,464 Sq Ft, 7 Bedrooms 3.5 bathrooms, laundry room in first floor. There is an independent Suite entrance from the street (2 bedroom and bathroom for multi use).

M
Mauricio Rodriguez
Listing Agent

Nearby schools

7/10
Lake Mathews Elementary School
Public,K-60.2mi
7/10
Frank Augustus Miller Middle School
Public,7-85.5mi
5/10
Arlington High School
Public,9-123.6mi

Price History

Date
Event
Price
09/21/01
Sold
$287,500
Condition Rating
Fair

Built in 2001, this property is 23 years old. While well-maintained with clean interiors and some updated flooring, the bathroom style (vanity, tile color) appears consistent with its original construction period and does not suggest a recent extensive renovation. The property is functional and livable but shows signs of being outdated in certain areas, aligning with the 'Fair' condition criteria for homes built over 20 years ago without major recent renovations.
Pros & Cons

Pros

Versatile Living Space with Independent Suite: The expansive 3,464 sq ft home offers 7 bedrooms and 3.5 bathrooms, including a highly desirable 2-bedroom, 1-bathroom independent suite with a separate entrance, perfect for multi-generational living, rental income, or a dedicated home office.
Exclusive Gated Community with Resort-Style Amenities: Located within the secure Victoria Grove Community, residents enjoy a wide array of amenities such as a pool, spa, picnic area, playground, biking trails, gym, and recreation room, enhancing lifestyle and property value.
Spacious Three-Car Garage: The property features a three-car garage, providing ample parking, storage, and potential for a workshop or hobby space.
Scenic Mountain Views: The home boasts picturesque mountain views, adding to its aesthetic appeal and desirability.
Convenient Freeway Access: Positioned just 3 miles south of the 91 Freeway exit off La Sierra, offering excellent accessibility for commuting and travel.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' which means it is not immediately available for new offers, potentially limiting opportunities for interested buyers.
Monthly Homeowners Association (HOA) Fees: A recurring monthly association fee of $187.0 adds to the overall cost of homeownership, which buyers should factor into their budget.
High School Rating: The assigned high school, Arlington High School, has a rating of 5, which may be a consideration for families prioritizing top-tier secondary education.
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