138 Green Oaks Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 2 bath
138 Green Oaks Drive
Riverside, California 92507
Property Price
SUMMARY
Analysis of 138 Green Oaks Drive, Riverside, California 92507 reveals a Fairly Priced Property with a current list price of $749,000 aligned with the estimated $749,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 Green Oaks Drive Subject | $749,000* List Price | 5 | 2 | 2,600 | $288 | - |
A 770 Libby Drive Active | $815,000 List Price | 7 | 3 | 2,653 | $307 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1959, this property has undergone extensive and recent renovations, bringing it to a virtually new condition. The kitchen is beautifully remodeled with modern white shaker cabinets, quartz countertops, stainless steel appliances, and a large peninsula. Both bathrooms are tastefully updated with new vanities, granite countertops, and modern fixtures. The entire home features new waterproof luxury vinyl plank flooring, newer paint, and updated light fixtures. Major systems have also been addressed with paid-off solar panels, dual-pane windows, central AC, and a new water heater (Oct 2024). The overall aesthetic is modern and fresh, meeting current quality standards with no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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
Nestled in the desirable Belvedere Heights foothills, less than a mile from UC Riverside, making it ideal for a primary home or lucrative rental, with easy access to major freeways (91, 60, 215).
- Extensive Updates & Modern Interiors
Thoughtfully updated throughout with newer paint, light fixtures, appliances, waterproof luxury vinyl plank flooring, remodeled kitchen (quartz countertops, stainless steel, 9-foot peninsula), and tastefully updated bathrooms.
CONSRISKS & DEFICIENCIES
- Age of Core Structure
Built in 1959, while interiors are updated, the underlying structural and mechanical systems (e.g., plumbing, electrical, roof) may still be original or older, potentially requiring future maintenance or upgrades.
- Limited Bathroom Count for Size
With 5-6 potential bedrooms and 2,600 sq. ft., having only two bathrooms may be insufficient for a large family or multiple tenants, potentially leading to congestion.
- Recent Price Reductions
Multiple price drops from the original list price ($825,000 to $749,000) could indicate initial overpricing or market resistance, potentially impacting perceived value or future appreciation.
About 138 Green Oaks Drive
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 10,500 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,600 | 1,773 | 85% |
| Lot Size | 10,500 | 8,276 | 69% |
| Price | $749.0K | $655.0K | 75% |
| Price per sq ft | $288 | $367 | 17% |
| Built year | 1959 | 1977 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 183 | 173 | 58% |
Pricing History
Listed for Sale
Oct 28, 2025
$749,000
$765,000
-2% Price Drop
Initial Listing
Price Change
Oct 10, 2025
$765,000
$775,000
-1% Price Drop
Initial Listing
Price Change
Sep 27, 2025
$775,000
$795,000
-3% Price Drop
Initial Listing
Price Change
Sep 11, 2025
$795,000
$825,000
-4% Price Drop
Initial Listing
Price Change
Sep 5, 2025
$825,000
Initial Listing