1260 Nicola Drive, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
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Riverside, California 92506
This Turnkey Single-Story Residence represents a Strong Value Opportunity, listed at $774,950—positioned well below the $810,698 Fair Market Value by 4%. This valuation gap provides $35,748 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern updates, a 3-car garage, and an expansive 14,375 sqft lot with a private pool and spa. Located in the Riverside Unified district, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate comfort and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1260 Nicola Drive Subject | $760,000* List Price | 4 | 3 | 2,080 | $373 | - |
A 6140 Windemere Way Sold | $749,000 | 4 | 3 | 2,127 | $352 | 0.6 mi |
B 1440 Trenton Drive Sold | $752,000 | 4 | 3 | 2,080 | $362 | 0.1 mi |
C 5593 Malvern Sold | $755,000 | 4 | 2 | 1,900 | $397 | 0.8 mi |
D 1194 Lyndhurst Drive Nw Sold | $705,000 | 4 | 4 | 2,144 | $329 | 0.9 mi |
E 6023 Academy Sold | $799,000 | 4 | 3 | 1,842 | $434 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975 but recently refreshed with modern wood-style flooring, fresh interior paint, and an updated kitchen featuring stainless steel appliances and stone countertops. While some bathroom tiling and the cedar closet reflect older styles, the home is well-maintained, functional, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 2080.
The home features contemporary updates including wood-style flooring, recessed lighting, and a refreshed kitchen with stainless steel appliances, offering a turnkey experience for buyers.
Situated on a generous 14,375 sqft lot, the property boasts a gated pool, in-ground spa, and covered patio, providing a premium private retreat for entertaining.
Built in 1975, the property may have aging major systems such as plumbing or electrical that might require future investment despite the recent cosmetic refreshments.
The combination of an oversized lot, mature landscaping, and a private pool/spa necessitates significant ongoing costs and effort for maintenance and utilities.
Welcome to 1260 Nicola Dr, a beautifully refreshed single-story home in the desirable hills of Riverside offering 4 bedrooms, 2.5 bathrooms, and 2,080 sqft of bright, open living space on an expansive 14,375 sqft lot with an in-ground spa and 3-car garage! Thoughtfully updated throughout, the home features fresh interior finishes, crisp white cabinetry, recessed lighting, and rich wood-style flooring that creates a clean, modern, move-in ready feel from the moment you step inside. The spacious great room is filled with natural light and anchored by a cozy fireplace, flowing seamlessly into the dining area and an updated kitchen complete with stainless steel appliances, ample cabinetry, and generous counter space perfect for both everyday living and entertaining. The functional layout offers comfortable separation of space, with well-sized bedrooms and a private primary suite designed for relaxation. Step outside to a backyard retreat featuring a covered patio, mature landscaping, and a gated pool and spa ideal for enjoying warm Southern California days or hosting gatherings. The oversized lot provides additional space for gardening, play, or creating your own outdoor oasis. Situated in an established neighborhood with hillside views and close proximity to parks, schools, shopping, and commuter routes, this home blends comfort, style, and convenience in one inviting package. Don’t miss the opportunity to make this Riverside gem your own—call your Realtor today to schedule a private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,080 | 1,873 | 61% |
| Lot Size | 14,375 | 9,583 | 69% |
| Price | $760.0K | $726.3K | 58% |
| Price per sq ft | $365 | $392 | 34% |
| Built year | 1975 | 1965 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 134 | 4% |
Jun 1, 2026
$760,000
$774,950
-2% Price Drop
Initial Listing
May 8, 2026
$774,950
Initial Listing
Dec 10, 2002
$261,500
Public Record