15745 Saddleback Road, Riverside, California 92506, Riverside, 92506 - 4 bed, 2 bath
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Riverside, California 92506
This Renovated Ranch-Style Estate with ADU is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,044,774 Fair Market Value by 4%. This valuation gap offers $45,774 in Instant Equity for buyers. Boasting a Mint Condition Rating, the home features a Remodeled Quartz Kitchen, Sparkling Pool and Spa, and a Permitted Detached ADU on a half-acre lot. Located in the Riverside Unified District near King High School, it combines lifestyle luxury with high rental demand. This is an ideal opportunity for Owner-Occupants or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15745 Saddleback Road Subject | $924,900* List Price | 4 | 2 | 2,132 | $457 | - |
A 16524 Rancho Escondido Drive Sold | $1,125,000 | 3 | 3 | 2,875 | $391 | 0.3 mi |
B 16520 Wagon Wheel Drive Active | $949,000 List Price | 3 | 2 | 2,113 | $449 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a remodeled kitchen with quartz countertops, stainless steel appliances, and updated bathrooms with modern tile work. The home includes newer major systems (HVAC and roof), energy-efficient features like solar panels, and updated flooring throughout, making it move-in ready in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2132.
The property features a fully permitted 1-bedroom, 1-bathroom guest house, providing excellent potential for rental income or a private multigenerational living arrangement.
The nearly half-acre lot includes a pool, spa, and dedicated RV access, offering rare utility and outdoor entertainment space that is difficult to find at this price point.
Built in 1972, the home may still require ongoing maintenance or updates to older infrastructure components not covered by the recent renovations.
The combination of a large lot, swimming pool, and secondary dwelling unit demands significant time and financial resources for consistent landscaping and facility maintenance.
2 Homes on 1 Lot! Approx. 2,528 Sq Ft Combined Living Space! Permitted ADU! Pool & Spa! RV Access! Low Property Taxes! No HOA! Rare Woodcrest opportunity featuring a private compound-style property with a 4-bedroom, 2-bath main home (2,132 sqft) plus a permitted 396 sqft detached ADU. Ideal for multigenerational living, extended family, guests, home office space, or potential rental income (buyer to verify). The main home features a bright open-concept layout with spacious living and dining areas, recessed lighting, and a remodeled kitchen with quartz countertops, stainless steel appliances, and abundant cabinetry. Tile flooring extends throughout the main living areas and bathrooms, while all four bedrooms feature durable vinyl plank flooring for both style and easy maintenance. The primary suite offers comfort and privacy with direct backyard access, while the additional bedrooms provide flexibility for family, guests, or work-from-home needs. A standout feature is the permitted detached ADU complete with its own kitchen, living area, bedroom, and bathroom. The ADU also features vinyl plank flooring throughout, creating a clean, cohesive, and low-maintenance living space. Step outside to your private backyard retreat featuring a sparkling pool and spa, towering palm trees, established shade trees, scenic views, expansive usable grounds, and room for entertaining, recreation, RV parking, or future customization. The approximately 20,038 sq ft lot (nearly half an acre) offers a unique combination of privacy, flexibility, RV parking, and functionality rarely found in today's market. Additional improvements include a newer roof (2021), permitted 5-ton HVAC system (2021), dual-pane windows, and energy-efficient features. Located within the Riverside Unified School District boundaries serving Woodcrest Elementary School, Miller Middle School, and King High School (buyer to verify). Conveniently located near shopping, dining, parks, golf courses, and commuter routes. Don't miss this rare opportunity to own two permitted homes on one lot in one of Riverside's most desirable neighborhoods. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,132 | 1,867 | 64% |
| Lot Size | 20,038 | 10,019 | 80% |
| Price | $924.9K | $730.0K | 76% |
| Price per sq ft | $434 | $400 | 67% |
| Built year | 1972 | 1965 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 134 | 10% |
Jun 11, 2026
$924,900
$949,900
-3% Price Drop
Initial Listing
May 8, 2026
$949,900
$999,000
-5% Price Drop
Initial Listing
Apr 17, 2026
$999,000
Initial Listing
Mar 19, 2021
$285,000
Public Record
Jun 13, 2019
$310,000
Public Record