15510 Surrey Court, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath
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Riverside, California 92506
This Versatile Dual-Residence Compound is a Strong Value Opportunity, listed at $949,900—positioned slightly above the $931,815 Fair Market Value. While priced at market, the property offers significant long-term stability through its Good Condition Rating and high-end infrastructure, including copper plumbing and a commercial-grade kitchen. The nearly one-acre lot and permitted ADU provide exceptional flexibility for multigenerational living or supplemental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a rural Woodcrest lifestyle with no HOA restrictions.
Rare Woodcrest compound with main home and permitted ADU on nearly an acre. Updated systems, commercial kitchen, and mountain views. No HOA. Perfect for families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15510 Surrey Court Subject | $949,900* List Price | 5 | 3 | 2,732 | $341 | - |
A 15555 Rancho Viejo Drive Sold | $1,200,000 | 4 | 3 | 3,338 | $359 | 0.5 mi |
B 15870 Calumet Court Sold | $972,500 | 3 | 4 | 2,899 | $335 | 0.3 mi |
C 16291 Ringbit Court Active | $1,149,000 List Price | 4 | 4 | 2,996 | $384 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1972, the property has undergone significant renovations that place it in the 'Good' category. Key systems have been modernized, including copper plumbing, an updated electrical panel, tankless water heaters, and dual AC units. The interior is move-in ready with travertine and wood laminate flooring, crown molding, and a kitchen featuring a high-end commercial-style range. The presence of a permitted ADU and well-maintained grounds further supports a well-maintained status consistent with a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41382, living area = 2732.
The property features a permitted 600 sq. ft. detached ADU with its own driveway, offering exceptional value for multigenerational living or potential rental income.
Situated on nearly an acre of flat, usable land in the desirable Woodcrest area, the lot provides rare flexibility for equestrian use, RV storage, and outdoor expansion without HOA restrictions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2732, other record living area = 2132. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1972, the main residence may possess architectural layouts or structural characteristics that feel dated compared to modern open-concept new constructions.
Listed at nearly $950,000, the property sits at a higher price tier for the area, which may limit the buyer pool to those specifically requiring the unique ADU and large lot combination.
Rare Woodcrest Opportunity! Welcome to this exceptional 2 Homes on 1 Lot property offering approximately 2,732 square feet of combined living space on nearly an acre of usable land. This unique compound features a spacious 4-bedroom, 2-bath main residence (approximately 2,132 sq. ft.) along with a permitted detached 600 sq. ft. ADU, complete with its own driveway parking area, making it ideal for multigenerational living, extended family, guests, or a private home office. The main home offers an inviting open floor plan designed for comfortable everyday living and entertaining. The kitchen is a true centerpiece, featuring a commercial-style restaurant-quality range with six burners, grill top, and double ovens—perfect for the home chef or anyone who loves to entertain. Add crown molding, ceiling fans and French doors throughout. Both homes have been thoughtfully updated with numerous improvements, including dual-pane windows, copper plumbing, updated electrical panel, tankless water heaters, water softener systems, and attractive wood laminate and travertine flooring. Comfort is ensured year-round with two air conditioning units serving the main home and a separate unit for the ADU. Double-door entries welcome you into both residences, adding to the property's charm and curb appeal. Step outside and enjoy the flexibility of nearly an acre of usable land with endless possibilities for gardening, outdoor entertaining, recreational vehicles, workshops, or creating your own equestrian retreat. The expansive lot offers plenty of room for horses and other animals (buyer to verify permitted uses), making this property an exceptional opportunity for those seeking the rural Woodcrest lifestyle. The property also includes two storage sheds along with mature lemon and lime trees that add to the peaceful setting. There is an unfinished pond that is fully gated. Located in the highly desirable Woodcrest community, you'll enjoy the tranquility of country-style living while remaining just minutes from shopping, dining, schools, and commuter access. Best of all, there's No HOA and low property taxes, making this a rare opportunity to own a versatile property that offers space, flexibility, and long-term value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,732 | 1,723 |
| Lot Size | 41,382 | 8,712 |
| Price | $949.9K | $676.0K |
| Price per sq ft | $348 | $395 |
| Built year | 1972 | 1977 |
| HOA | $0 | $125 |
| Days on market | 13 | 58 |
Jul 9, 2026
$949,900
Initial Listing
Aug 12, 1997
$154,500
Public Record