12789 Raenette Way, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 3 bath

12789 Raenette Way, Moreno Valley, California 92553 home-pic-0
ACTIVE$584,888
12789 Raenette Way, Moreno Valley, California 92553
4Beds
3Baths
2,260Sqft
7,405Lot
Year Built
1990
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$259
HOA
-
Days on market
-
Sold On
-
MLS number
CV25060792
Home ConditionFair
Features
Good View: Peek-A-Boo
Deck
Patio
ViewPeek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $584.9K(86th), sqft - 2260(94th), beds - 4(64th), baths - 3(73th).

BACK ON MARKET!!! SELLER WILL HELP TO PAY CLOSING COSTS OR BUY RATE DOWN!! This home is a must-see! One of the LARGEST homes in sq ft. with the LOWEST price!! We welcome FHA/VA OFFERS! Located in the heart of Moreno Valley with only a 5 min drive to the freeway!! This home offers an expansive, open floor plan perfect for modern living. Boasting 4 generously sized bedrooms and three bathrooms, this home is designed for both comfort and convenience. Entering the home, you are greeted with high ceilings and a formal area that sets the stage for special gatherings. In addition, there is a spacious family room, with fireplace which is open to the large kitchen with ample counter space and kitchen island with additional seating. You will find all bedrooms upstairs, sharing bathroom with dual sinks. The primary bedroom has semi vaulted ceilings, private fireplace and balcony overlooking the backyard. Nestled on a cul-de-sac, this house has a large, flat lot, providing endless outdoor possibilities—ideal for entertaining, gardening, or simply unwinding. Laundry conveniently located on lower level of the house. 3rd car garage can be converted to additional living/workspace and RV POTENTIAL on side of house with gate offering pull through vehicle option. Immediate move-in available!!

Price History

Date
Event
Price
08/17/25
Price Change
$584,888-0.0%
08/07/25
Price Change
$584,999+0.0%
08/05/25
$584,889
03/27/25
$584,888
Condition Rating
Fair

Built in 1990, this property is 34 years old. While it appears well-maintained with newer laminate flooring throughout, the kitchen features significantly dated elements such as light oak cabinets, white tile countertops, and an old-style fluorescent light box. Appliances are a mix of older white and newer stainless/black, indicating piecemeal updates rather than a full renovation. The overall condition suggests the home is functional and move-in ready, but requires substantial cosmetic updates, particularly in the kitchen and likely bathrooms, to align with modern styles and standards.
Pros & Cons

Pros

Exceptional Value & Incentives: Positioned as one of the largest homes in square footage with a competitive price, further enhanced by seller-offered closing cost assistance or rate buy-down, making it highly attractive to budget-conscious buyers, including FHA/VA.
Spacious & Functional Layout: Features an expansive, open floor plan with high ceilings, 4 generously sized bedrooms, 3 bathrooms, a formal area, spacious family room with fireplace, and a large kitchen with an island, catering to modern living and entertaining.
Large, Versatile Lot & Outdoor Potential: Situated on a large, flat lot within a cul-de-sac, offering extensive outdoor possibilities for entertaining, gardening, or relaxation, and providing a desirable private setting.
Flexible Space & RV Access: Includes a 3rd car garage with conversion potential for additional living/workspace and dedicated RV potential on the side of the house with a gate, adding significant utility and value.
Convenient Location & Immediate Occupancy: Strategically located in the heart of Moreno Valley with quick freeway access (5-minute drive) and available for immediate move-in, appealing to buyers seeking convenience and a swift transition.

Cons

All Bedrooms Upstairs Layout: All four bedrooms are located upstairs, which may not suit buyers preferring a downstairs primary suite or those with mobility challenges.
Age of Property & Potential for Updates: Built in 1990, the property is over 30 years old. While functional, it may require updates to major systems (e.g., HVAC, roof) or cosmetic renovations to align with contemporary buyer preferences, as no extensive recent remodels are specified beyond the kitchen island.
Back on Market Status: The 'BACK ON MARKET' status could signal previous transaction issues, such as inspection concerns or buyer financing falling through, which might prompt potential buyers to conduct more thorough due diligence.

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