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15756 Farmstead Street, Moreno Valley, California 92551, Moreno Valley, 92551 - 3 bed, 2 bath

15756 Farmstead Street, Moreno Valley, California 92551 home-pic-0
ACTIVE$490,000
15756 Farmstead Street, Moreno Valley, California 92551
3Beds
2Baths
1,060Sqft
7,841Lot
Year Built
1986
Close
-
List price
$490K
Original List price
$520K
Price/Sqft
$462
HOA
-
Days on market
-
Sold On
-
MLS number
IV25201503
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $490.0K(26th), sqft - 1060(11th), beds - 3(45th), baths - 2(37th).

Welcome to this charming single story home in the heart of Moreno Valley! This residence combine confort and convenience, making it an excellent choice for first-time buyers looking for a starter home or seniors wanting to downsize without sacrificing space. The flowing floor plan features an inviting living area, functional kitchen, and a private backyard-perfect for relaxing, entertaining, or creating your dream garden. Step inside and you'll find a bright and inviting kitchen, ready for culinary creations and family gatherings. Bedrooms freshly painted and a designed to give you a cozy retreat at the end of the day. The bathrooms have been beautifully redone, featuring modern touches and fresh paint for a clean, updated feel. Throughout the home, you'll enjoy beautiful laminate flooring, adding both style and easy maintenance. This move-in-ready home combines comfort, convenience, and thoughtful updates - perfect for staring fresh or enjoying a simpler lifestyle.

Price History

Date
Event
Price
10/30/25
Price Change
$490,000-3.0%
10/03/25
Price Change
$505,000-2.9%
09/07/25
Listing
$520,000
Condition Rating
Good
The property, built in 1986, has undergone significant and modern renovations in key areas. The kitchen features contemporary white shaker cabinets, light countertops, subway tile backsplash, and stainless steel appliances, all appearing new or recently updated. Both bathrooms have been beautifully redone with modern vanities, fixtures, and tiling. New laminate flooring extends throughout the home, and bedrooms are freshly painted, making the interior move-in ready. While the property's age suggests potential for older major systems (HVAC, roof, etc.), the extensive cosmetic updates to the kitchen, bathrooms, and flooring elevate its condition beyond 'Fair' and align it with a 'Good' rating, indicating no immediate renovation is required for comfortable living.
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 = 7841, living area = 1060.
Extensive Modern Updates: Recently renovated bathrooms, freshly painted bedrooms, new laminate flooring throughout, and an inviting kitchen provide a modern, move-in-ready appeal, reducing immediate buyer expenses.
Broad Market Suitability: Positioned as an excellent choice for both first-time homebuyers and seniors looking to downsize, significantly broadening its potential buyer pool.
Single-Story Accessibility: The single-story layout offers universal appeal, enhancing convenience and accessibility for various demographics, including those seeking ease of movement.
Functional Outdoor Space: Features a private backyard described as perfect for relaxation, entertaining, or gardening, adding valuable outdoor living potential.
Competitive Pricing Strategy: Multiple price reductions indicate a motivated seller and a current list price that aligns with the property's estimated value, making it an attractive option in the market.

Cons

Limited Interior Space: With 1060 sqft, the property offers relatively compact living areas, which may not meet the needs of larger families or buyers desiring more expansive interiors.
Aging Infrastructure Potential: Built in 1986, while cosmetically updated, the age of the property suggests potential for older major systems (e.g., HVAC, roof, plumbing, electrical) that may require future maintenance or replacement.
Standard Neighborhood View: The 'Neighborhood' view, while present, does not offer a premium or unique selling proposition compared to properties with more desirable scenic vistas.

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