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15495 Washington Street, Riverside, California 92506, Riverside, 92506 - 4 bed, 2 bath

15495 Washington Street, Riverside, California 92506 home-pic-0
ACTIVE$999,900
15495 Washington Street, Riverside, California 92506
4Beds
2Baths
3,026Sqft
65,340Lot

Price Vs. Estimate

The estimated value ($368,796.495) is $631,103.505 (63%) lower than the list price ($999,900). 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 = 65340, living area = 3026.
Top Cons:
Significant Price Discrepancy: The listing price of $999,900 is substantially higher than the estimated property value of $368,796.495 (estimation ratio -63), suggesting potential overpricing that could deter buyers.

Compared to the nearby listings

Price:$999.9K vs avg $728.8K (+$271,075)80%
Size:3,026 sqft vs avg 1,954 sqft82%
Price/sqft:$330 vs avg $38616%

More Insights

Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has undergone extensive, upscale, and custom renovations, bringing it to current quality standards. The kitchen is a prime example, featuring modern light wood cabinetry, white marble-look countertops, top-tier stainless steel appliances, and contemporary lighting, all appearing virtually new. The main living areas boast large format, light-colored tile flooring, and recessed lighting, contributing to a fresh, modern aesthetic. While bathroom images are not provided, the overall quality and style of the visible renovations suggest they would also be in excellent condition. The property blends its iconic mid-century modern design with high-end, recent upgrades, meeting the criteria for an extensively renovated home with new or virtually new components.
Year Built
1969
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$330
HOA
-
Days on market
-
Sold On
-
MLS number
OC25125525
Home ConditionExcellent
Features
Excellent View: Valley
Pool
Patio
ViewValley

About this home

Welcome to 15495 Washington St—an exceptional mid-century modern estate perched above the Riverside Valley. This single-story architectural gem blends timeless design with upscale, custom upgrades. From the sunken living room with a fireplace framing panoramic views to the chef’s kitchen with top-tier stainless steel appliances, every space is crafted for both beauty and function. A private, tranquil driveway leads to this peaceful retreat, offering complete privacy and breathtaking vistas. Enjoy California living with solar power for energy efficiency and a sparkling pool perfect for relaxing or entertaining guests. Whether hosting intimate gatherings or large celebrations, this home delivers a one-of-a-kind experience. Properties of this caliber are rare—don’t miss your chance to own a piece of architectural history. Highlights: Iconic mid-century modern design, Hilltop location with valley views, Gourmet kitchen with premium appliances, Sunken living room with fireplace, Private setting with long driveway, Solar-equipped and entertainer’s pool. This is more than just a home—it’s a lifestyle.

Condition Rating
Excellent
Despite being built in 1969, this property has undergone extensive, upscale, and custom renovations, bringing it to current quality standards. The kitchen is a prime example, featuring modern light wood cabinetry, white marble-look countertops, top-tier stainless steel appliances, and contemporary lighting, all appearing virtually new. The main living areas boast large format, light-colored tile flooring, and recessed lighting, contributing to a fresh, modern aesthetic. While bathroom images are not provided, the overall quality and style of the visible renovations suggest they would also be in excellent condition. The property blends its iconic mid-century modern design with high-end, recent upgrades, meeting the criteria for an extensively renovated home with new or virtually new components.
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 = 65340, living area = 3026.
Iconic Mid-Century Modern Design: The property is highlighted as an 'exceptional mid-century modern estate' and 'architectural gem' with 'timeless design,' appealing to a niche market seeking unique historical aesthetics.
Panoramic Valley Views: Perched above the Riverside Valley, the home offers 'panoramic views' and 'breathtaking vistas,' significantly enhancing its desirability and perceived value.
Private Hilltop Location: A 'private, tranquil driveway' leads to a 'peaceful retreat' with 'complete privacy' on a 'Hilltop location,' offering exclusivity and a serene living environment.
Upscale & Upgraded Interior: Features 'upscale, custom upgrades' including a 'chef’s kitchen with top-tier stainless steel appliances,' indicating modern functionality and quality finishes.
Energy Efficiency & Entertainment Amenities: Equipped with 'solar power for energy efficiency' and a 'sparkling pool perfect for relaxing or entertaining guests,' combining practical benefits with lifestyle appeal.

Cons

Significant Price Discrepancy: The listing price of $999,900 is substantially higher than the estimated property value of $368,796.495 (estimation ratio -63), suggesting potential overpricing that could deter buyers.
Age of Property (1969): Built in 1969, the 55-year-old property, despite upgrades, may have underlying older systems (e.g., plumbing, electrical, HVAC) that could require significant future maintenance or replacement, which are not explicitly detailed as updated.
Limited Bathroom Count: With 4 bedrooms and only 2 bathrooms for a 3026 sqft home, the bathroom-to-bedroom ratio might be considered low for a property marketed as an 'exceptional estate,' potentially impacting appeal for larger families or those desiring more modern conveniences.

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