138 Green Oaks Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 2 bath

138 Green Oaks Drive, Riverside, California 92507 home-pic-0
ACTIVE$749,000
138 Green Oaks Drive, Riverside, California 92507
5Beds
2Baths
2,600Sqft
10,500Lot

Price Vs. Estimate

The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 2600.
Top Cons:
Low Bathroom-to-Bedroom Ratio: With 5-6 potential bedrooms (main house + bonus room + pool house), having only 2 bathrooms is a significant drawback for a large family or multiple tenants, potentially leading to inconvenience.

Compared to the nearby listings

Price:$749.0K vs avg $652.9K (+$96,065)76%
Size:2,600 sqft vs avg 1,854 sqft85%
Price/sqft:$288 vs avg $35817%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone extensive and very recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen is beautifully remodeled with modern white shaker cabinets, quartz countertops, and stainless-steel appliances, appearing virtually new. Bathrooms are also remodeled with updated vanities and neutral tiling. The home features newer paint, light fixtures, and new waterproof luxury vinyl plank flooring throughout. A brand new water heater (Oct 2024), paid-off solar panels, and dual-pane windows further enhance its condition and efficiency, making it move-in ready with high-quality, modern finishes.
Year Built
1959
Close
-
List price
$749K
Original List price
$825K
Price/Sqft
$288
HOA
-
Days on market
-
Sold On
-
MLS number
OC25200101
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood

About this home

Spacious 2,600 Sq. Ft. Pool Home in Prime Riverside nestled in the foothills and less than a mile from UC Riverside. Welcome to this stunning, solar-powered, pool home located in the desirable Belvedere Heights neighborhood. Perfectly situated just a short bike ride from the university, this residence is ideal as a primary home or a lucrative rental opportunity. This expansive property features five bedrooms in the main house, along with an oversized bonus room adjacent to the kitchen. Side yard has gated RV access. Enjoy warm summer days in the inviting swimming pool or relax in the pool house, currently utilized as a sixth bedroom. Upon entering the property, you will be in the courtyard with a planter for relaxation in private. Then you will enter the home through the double doors welcomed by a spacious living room complete with a cozy gas fireplace, creating a warm atmosphere for relaxation. The main level hosts four bedrooms, including a master suite with a tastefully remodeled en-suite bathroom. The upstairs bedroom offers versatility, making it suitable as a craft or hobby room. The interiors have been thoughtfully updated, showcasing newer paint, light fixtures, appliances, water heater (Oct 2024), waterproof luxury vinyl plank flooring throughout most of the home and neutral-tiled bathrooms. Other features include paid off solar panels, dual pane windows, central AC, laundry hook ups. At the heart of the home lies a beautifully remodeled kitchen, featuring a generous 9-foot peninsula, quartz countertops, and stainless-steel appliances. The adjacent dining room boasts an oversized window, providing a picturesque view of the expansive backyard, which includes a sparkling swimming pool, grassy area, and pool house. In addition to the master en-suite, an additional remodeled bathroom is conveniently located on the main floor. With easy access to the 91, 60, and 215 freeways, this exceptional home offers a perfect blend of luxury, comfort, and location—making it ideal for families and entertaining. Don’t miss the opportunity to make this remarkable property your own!

Condition Rating
Excellent

Despite being built in 1959, this property has undergone extensive and very recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen is beautifully remodeled with modern white shaker cabinets, quartz countertops, and stainless-steel appliances, appearing virtually new. Bathrooms are also remodeled with updated vanities and neutral tiling. The home features newer paint, light fixtures, and new waterproof luxury vinyl plank flooring throughout. A brand new water heater (Oct 2024), paid-off solar panels, and dual-pane windows further enhance its condition and efficiency, making it move-in ready with high-quality, modern finishes.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 2600.
Prime Location & Accessibility: Strategically located in the desirable Belvedere Heights, less than a mile from UC Riverside, making it ideal for families or a lucrative rental opportunity. It also offers excellent freeway access to the 91, 60, and 215.
Extensive Modern Updates: The property boasts recent renovations including newer paint, light fixtures, appliances, a new water heater (Oct 2024), luxury vinyl plank flooring, and a beautifully remodeled kitchen with quartz countertops and stainless steel appliances.
Energy Efficiency & Cost Savings: Equipped with paid-off solar panels and dual-pane windows, significantly reducing utility costs and enhancing long-term affordability.
Excellent Outdoor Living & Entertainment: Features an inviting swimming pool, a versatile pool house (currently used as a 6th bedroom), a grassy area, and a private courtyard, perfect for relaxation and entertaining.
Spacious & Versatile Layout: Offering 2,600 sq ft with 5 bedrooms in the main house, an oversized bonus room, and a pool house, providing ample space and flexibility for various living arrangements or hobbies.

Cons

Low Bathroom-to-Bedroom Ratio: With 5-6 potential bedrooms (main house + bonus room + pool house), having only 2 bathrooms is a significant drawback for a large family or multiple tenants, potentially leading to inconvenience.
Age of Property: Built in 1959, despite extensive updates, the underlying structure and some systems are older, which could imply potential for unseen issues or higher maintenance costs compared to newer constructions.
Significant Price Reductions: The property has seen multiple price drops from its original list price of $825,000 to $749,000, which might suggest an initial overvaluation or difficulty in attracting buyers, potentially signaling market resistance or perceived issues.

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