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14448 Oakley Drive, Riverside, California 92503, Riverside, 92503 - 6 bed, 3 bath

14448 Oakley Drive, Riverside, California 92503 home-pic-0
ACTIVE$1,149,000
14448 Oakley Drive, Riverside, California 92503
6Beds
3Baths
3,707Sqft
75,358.797Lot
Year Built
1976
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2504636
Home ConditionGood
Features
Excellent View: Canyon, Panoramic
ViewCanyon, Panoramic

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,7 Pros. Rank: price - $1.15M(91th), sqft - 3707(86th), beds - 6(96th), baths - 3(50th).

Motivated Sellers! Welcome to your private hilltop retreat in the highly desirable Arlington Heights neighborhood! This expansive property features a single-story main house and a detached ADU. The main residence offers over 2,500 sq ft of living space, including 3 bedrooms, 2 bathrooms, a modern kitchen, and an open-concept design that fills the home with natural light. Enjoy breathtaking panoramic views from the welcoming living area. Energy-efficient upgrades include solar panels, a Tesla charging station in the garage, and recently updated windows. The 1,200 sq ft ADU includes 3 bedrooms and 1 bathroom, making it perfect for rental income, multi-generational living, or additional guest space. Situated on 1.7 acres of private hilltop land, this property offers an ideal blend of space, abundant parking for an RV, boat, toys, or guests, all in a peaceful and serene setting.

Nearby schools

5/10
Woodcrest Elementary School
Public,•K-6•2.6mi
7/10
Lake Mathews Elementary School
Public,•K-6•2.6mi
7/10
Frank Augustus Miller Middle School
Public,•7-8•3.4mi
5/10
Arlington High School
Public,•9-12•2.2mi
9/10
Martin Luther King Jr. High School
Public,•9-12•4.5mi
Condition Rating
Good
Despite being built in 1976, this property has undergone significant and relatively recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, and granite countertops. Bathrooms are updated with modern vanities and tile work. The property also boasts energy-efficient upgrades like solar panels, a Tesla charging station, and recently updated windows. Flooring is a mix of well-maintained laminate, tile, and carpet. While not a brand-new build, the extensive updates and overall well-maintained condition make it move-in ready, aligning with the 'Good' score criteria for properties extensively renovated within the last 5-15 years.
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 = 75358, living area = 3707.
Great Schools: High School: Martin Luther King Jr. High School (9/10).
Detached ADU with Income Potential: The property includes a spacious 1,200 sq ft detached ADU with 3 bedrooms and 1 bathroom, offering significant flexibility for rental income, multi-generational living, or additional guest space.
Expansive Private Hilltop Lot & Panoramic Views: Situated on 1.7 acres of private hilltop land, the property boasts breathtaking panoramic views and a serene, peaceful setting, providing exclusivity and a desirable lifestyle.
Energy-Efficient Upgrades: Recent energy-efficient upgrades such as solar panels, a Tesla charging station in the garage, and updated windows enhance sustainability, reduce utility costs, and appeal to modern buyers.
Desirable Location & Ample Parking: Located in the highly desirable Arlington Heights neighborhood, the property also offers abundant parking space for RVs, boats, toys, or guests, catering to various lifestyle needs.
Spacious Main Residence with Modern Touches: The single-story main house features over 2,500 sq ft of living space, an open-concept design that fills the home with natural light, and a modern kitchen, providing comfortable and contemporary living.

Cons

Age of Construction: Built in 1976, the property is nearly 50 years old. While some updates are mentioned, an older construction year can imply potential for deferred maintenance or the need for further system/structural updates beyond what's explicitly listed.
Motivated Sellers Indication: The explicit mention of 'Motivated Sellers' in the description, while potentially attracting buyers, can also signal a perceived difficulty in selling or a willingness to negotiate significantly, which might influence buyer perception of value.
Value Proposition Compared to Newer Homes: The property's 1976 build year and total square footage (3707 sqft) for $1.149M might face competition from newer, larger homes in the area (e.g., a 2000-built, 4450 sqft home for $1.18M), potentially making its price point less competitive on an age-adjusted or per-square-foot basis.

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