This Single Family Residence represents a High-Potential Investment Opportunity, listed at $415,000—positioned well above the $374,450 Fair Market Value by -10%. While the property requires attention due to its Condition Rating of 4, the 7,200 sqft lot and access to Spring Valley Lake amenities provide a strong foundation for value-add projects. Despite the lower-rated local school district, the home’s open floor plan and recent flooring updates offer immediate functional appeal. This property is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing long-term renovation needs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12925 Riverview Subject | $415,000* List Price | 3 | 2 | 1,467 | $255 | - |
A 13005 Riverview Drive Sold | $389,900 | 2 | 2 | 1,398 | $279 | 0.1 mi |
B 12790 Amberwood Lane Sold | $469,000 | 3 | 2 | 1,804 | $260 | 0.8 mi |
C 12860 Greensboro Road Sold | $475,000 | 3 | 2 | 2,033 | $234 | 0.4 mi |
D 17960 Sage Hen Sold | $466,000 | 3 | 2 | 2,035 | $229 | 0.9 mi |
E 12960 Greensboro Road Sold | $419,000 | 2 | 2 | 1,502 | $279 | 0.5 mi |
F 13010 Spring Valley Parkway Active | $425,000 List Price | 3 | 2 | 1,520 | $280 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (40+ years old), the property is dated. While it features recently updated vinyl flooring, there is no mention of modern renovations to the kitchen, bathrooms, or major systems (HVAC/Electric), suggesting they may be original or past their typical lifecycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1467.
Situated in the highly sought-after Spring Valley Lake community, the property offers exclusive access to a 4-mile private lake, boating, fishing, beach areas, and multiple sports courts.
The home features recently updated vinyl flooring throughout and a spacious open floor plan, providing a contemporary aesthetic and immediate move-in readiness for the new owner.
The assigned public schools have low performance ratings (ranging from 1 to 3), which may be a significant drawback for families with school-aged children.
The $490 association fee adds a substantial recurring cost to the monthly budget, which could impact the overall affordability and appeal for budget-conscious buyers.
Welcome to the beautiful community of Spring Valley Lake! This spacious 2-bedroom, 2- bathroom home features a warm inviting open floor plan designed for comfortable living and entertaining. Enjoy recently updated vinyl flooring throughout, along with a large sliding glass door that fills the home with natural light and provides easy access to the backyard. Spring Valley Lake offers an exceptional lifestyle with amenities for the whole family, including a 4-mile private lake perfect for boating, kayaking, paddleboarding, and other water activities. Residents also enjoy multiple children's playgrounds, basketball courts, fishing areas, and a dog park. Do not miss this opportunity to enjoy resort-style living in one of the High Deserts most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 2.2 mi
Grades 7-9 • 1.1 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,467 | 1,692 | 34% |
| Lot Size | 7,200 | 7,918 | 32% |
| Price | $415.0K | $415.0K | 50% |
| Price per sq ft | $283 | $251 | 72% |
| Built year | 1983 | 1987 | 38% |
| HOA | $490.0 | $0 | 99% |
| Days on market | 3 | 175 | 3% |
Jun 3, 2026
$415,000
Initial Listing
Dec 7, 2023
$332,500
Public Record
Jul 31, 2019
$239,000
Public Record
Sep 4, 2008
$143,000
Public Record