12758 Royal Palm Lane, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath
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Riverside, California 92503
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $799,000—positioned well above the $703,862 Fair Market Value by 13%. While the price reflects a premium, the property offers significant utility with a 2,626 sqft floor plan, a 10,000 sqft lot, and RV parking. Featuring a Fair Condition Rating due to original finishes, the home provides a canvas for modernization. Located in the gated Victoria Grove community near Top-Rated Elementary Schools, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12758 Royal Palm Lane Subject | $799,000* List Price | 4 | 2 | 2,626 | $268 | - |
A 12375 Brianwood Sold | $835,000 | 4 | 3 | 2,649 | $315 | 0.6 mi |
B 12032 Brianwood Sold | $815,000 | 3 | 2 | 2,505 | $325 | 0.5 mi |
C 12656 Avocado Sold | $825,000 | 5 | 3 | 3,142 | $263 | 0.2 mi |
D 12564 Bougainvillea Way Sold | $875,000 | 6 | 4 | 3,464 | $253 | 0.3 mi |
E 17262 Hawkwood Drive Sold | $810,000 | 4 | 3 | 2,649 | $306 | 0.5 mi |
F 12415 Brianwood Drive Sold | $810,000 | 4 | 3 | 2,929 | $277 | 0.5 mi |
G 12232 Brianwood Drive Active | $780,000 List Price | 4 | 2 | 2,990 | $261 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2003, making it 23 years old. While the home appears well-maintained and functional, the kitchen features original dated white tile countertops and older appliances. Per the criteria, homes over 20 years old with original or dated finishes are classified as Fair.
The home offers the convenience of single-story living with a downstairs den plus a large upstairs loft, providing excellent flexibility for a home office, gym, or additional bedroom.
The nearly 10,000 sqft lot features a wide cemented side yard for RV parking and a backyard ready for entertaining with a covered patio and gas hookups for an outdoor kitchen.
Located in the prestigious Victoria Grove community, the property benefits from low HOA fees, a low tax rate, and proximity to the highly-rated Lake Mathews Elementary School.
For a home exceeding 2,600 square feet with multiple living areas and potential bedrooms, having only two bathrooms may be insufficient for larger families or guests.
While the elementary and middle schools are well-rated at 7/10, the assigned Arlington High School has a lower rating of 5/10, which may be a consideration for education-focused buyers.
Beautiful home offering the comfort of single story living in the highly coveted gated community of Victoria Grove. Three bedrooms, two bathrooms and a den downstairs, a loft upstairs. Open the door to a wide hallway, a living room and formal dining on the left; a hallway on the right leads to the private bedroom wing. The master suite has its own den. The master bathroom has separate shower and tub, and a spacious walk-in closet. Two bedrooms share the hallway bathroom. Kitchen is open to a breakfast nook and the family room. Large upstairs loft can be used for entertainment, office or an additional bedroom. Spacious three car garage with shelves. The expansive lot near 10000 sqft offers outdoor living, gardening and many uses, with a covered patio, built-in planters with automatic sprinklers, and gas pipe hook-up ready for an outdoor grill/kitchen. Wide cemented side yard accommodates RV parking. Community pool & spa, playground, parks, orange grove and other recreations are within walking distance. The home is conveniently located near Blue Ribbon schools, day care, shopping and more. Low hoa fee and low tax rate.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 5.3 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,626 | 1,620 | 76% |
| Lot Size | 9,583 | 7,841 | 65% |
| Price | $799.0K | $660.0K | 70% |
| Price per sq ft | $304 | $393 | 17% |
| Built year | 2003 | 1983 | 75% |
| HOA | $184.0 | $0 | 82% |
| Days on market | 31 | 148 | 1% |
May 6, 2026
$799,000
Initial Listing
Nov 7, 2023
$699,000
Public Record
Oct 18, 2021
$669,000
Public Record
Sep 30, 2003
$336,500
Public Record