
Riverside, California 92504
This Spacious Tri-Level Ranch Estate is listed at $1,074,000, representing a stable valuation perfectly aligned with its $1,074,000 Fair Market Value. While maintaining a functional Condition Rating of 4, the residence provides significant forced appreciation potential through cosmetic modernization and the unmatched utility of a 1.15-acre flat lot. Featuring a private pool, panoramic city light views, and enrollment in the Riverside Unified School District, the property balances rural-style privacy with suburban accessibility. This high-utility asset is an ideal acquisition for Owner-Occupants or Multi-generational Families seeking expansive space and ADU potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15750 Pounders Drive Subject | $1,074,000* List Price | 4 | 3 | 2,852 | $377 | - |
A 15725 Terraceview Court Sold | $1,075,000 | 4 | 3 | 2,698 | $398 | 0.6 mi |
B 16750 Canyon View Drive Pending | $895,000 List Price | 4 | 2 | 2,041 | $439 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this tri-level home is well-maintained and functional but requires significant cosmetic modernization to meet current market standards. While the property is move-in ready, the kitchen, bathrooms, and interior fixtures appear dated, reflecting older renovation styles. The value is primarily in the expansive 1.15-acre lot and the home's structural potential rather than recent high-end finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 2852.
The 1.15-acre flat and fully usable lot is a rare find, providing ample space for RV/equipment parking, a detached workshop, or a secondary ADU.
The property features a large pool area and offers some of the best panoramic city light and mountain views in the Riverside area, significantly boosting its entertainment value.
The 1975 construction maintains a condition that likely requires cosmetic updates and modernization to align with contemporary luxury standards.
The tri-level architectural design may be a drawback for buyers seeking a traditional open-concept flow or those with mobility concerns due to multiple staircases.
HUGE FLAT LOT! Accessible for equipment parking, RV parking Yes—and this one offers unmatched potential on 1.15 acres of level, fully usable land in Riverside. This spacious tri-level home features 4 bedrooms, 3 bathrooms, 2,852 square feet of interior space, and a 3-car garage. The gated side access is ideal for RVs, trailers, trucks, or business equipment, with plenty of room to add a large detached structure, workshop, or ADU. The lot currently includes a detached outbuilding and storage container, plus there’s ample space to build more. Inside, the home features a formal living room, separate family room with fireplace, and a dedicated formal dining area. The flexible layout works well for multi-generational living or remote work setups, with two fireplaces and spacious bedrooms throughout. Step out back to enjoy a large pool area and some of the best city light views in the area. Whether you’re looking to expand, host, store equipment, or build something new, this property offers rare freedom and flexibility in a location close to shopping, equestrian trails, and schools. Located within the Riverside Unified School District with a rural feel and convenient access to city amenities. Homes with this much usable land and long-term potential don’t hit the market often—this is your chance to create something truly custom
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,852 | 1,522 | 85% |
| Lot Size | 50,094 | 8,276 | 90% |
| Price | $1.07M | $620.0K | 86% |
| Price per sq ft | $377 | $412 | 34% |
| Built year | 1975 | 1960 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 201 | 23% |
Feb 18, 2026
$1,074,000
$1,185,000
-9% Price Drop
Initial Listing
Dec 18, 2025
$1,185,000
Initial Listing
Oct 9, 2018
$530,000
Public Record