
Moreno Valley, California 92551
This Lakefront Residential Property is listed at $659,888, reflecting a premium for its rare position within the desirable Moreno Valley Ranch Community. While the $596,014 Fair Market Value aligns with standard neighborhood averages, the home’s Lakefront Views and Condition Rating of 4 offer unique lifestyle value. Featuring a main-level bedroom and proximity to Moreno Valley Community College, the layout provides exceptional versatility. This well-maintained residence is the perfect fit for medical professionals or growing families seeking a serene, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16039 Palomino Subject | $649,888* List Price | 4 | 3 | 2,572 | $238 | - |
A 15359 Las Rosas Sold | $527,000 | 4 | 3 | 1,630 | $323 | 0.7 mi |
B 16072 Palomino Sold | $570,000 | 4 | 2 | 1,860 | $306 | 0.1 mi |
C 25665 Horado Lane Sold | $590,000 | 5 | 3 | 2,492 | $237 | 0.5 mi |
D 16322 Calle Serena Pending | $650,000 List Price | 6 | 6 | 2,641 | $246 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 and offered by the original owners, the property is well-maintained but retains its original finishes. The kitchen and bathrooms feature 2002-era styling, including dated appliances and builder-grade fixtures. While the home is clean and functional, it lacks the modern renovations required for a higher rating and shows typical signs of age for a 22-year-old residence.
The property is exceptionally located within a 7-minute walk to Moreno Valley Community College and a 10-minute drive to Riverside Medical School, offering high appeal for medical professionals, students, and investors.
Featuring a rare main-level bedroom and full bath plus a spacious upstairs loft, the floor plan provides excellent flexibility for multi-generational living, guests, or a dedicated home office.
Situated in the desirable Moreno Valley Ranch, the home offers serene lakefront and sunset views, a high-value feature that enhances the overall tranquility and desirability of the residence.
Offered for the first time by the original owners, the interior likely retains 2002-era finishes, which may require additional capital investment for modern cosmetic upgrades to compete with newer builds.
The property is subject to Moreno Valley Ranch association rules and monthly fees, which may impose restrictions on exterior modifications and add to the monthly carrying costs for the owner.
Rare opportunity to own a lake-access home in the highly sought-after Moreno Valley Ranch community. Situated on a premium lot with direct gated access to the lake, this spacious 4-bedroom, 3-bath residence offers scenic water views, a versatile floor plan, and incredible potential to personalize and make it your own. Inside, the home features a functional layout designed for flexibility and everyday comfort. The main level includes a bedroom and full bathroom, ideal for guests, multi-generational living, or a private office. The open-concept kitchen flows into the family room and dining area, creating a welcoming space for gatherings and daily living. Upstairs, a large loft provides endless possibilities for a media room, game room, workspace, or additional lounge area. The expansive primary suite captures peaceful lake views and offers ample space, a large en-suite bathroom, and a walk-in closet. Secondary bedrooms are generously sized with abundant natural light throughout the home. Step outside to a spacious backyard with private gated access leading directly to the lake and walking paths — a rare feature that creates a unique indoor-outdoor lifestyle opportunity. Enjoy morning walks by the water, sunset views, and the tranquility of lakeside living right from your backyard. Residents of Moreno Valley Ranch enjoy HOA amenities including pools, clubhouse, parks, fitness areas, walking trails, and recreational lake access. Conveniently located near Moreno Valley College (7-minute walk time), Kaiser Permanente, Riverside University Health System Medical Center (10-minute drive), shopping, dining, and major commuter routes. With its premium location, lake access, spacious layout, and opportunity to update to your personal style, this home offers exceptional potential in one of Moreno Valley’s most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,572 | 1,630 | 84% |
| Lot Size | 8,712 | 6,098 | 89% |
| Price | $649.9K | $540.0K | 90% |
| Price per sq ft | $253 | $321 | 23% |
| Built year | 2002 | 1989 | 68% |
| HOA | $75.0 | $0 | 79% |
| Days on market | 103 | 157 | 19% |
May 24, 2026
$649,888
$659,888
-2% Price Drop
Initial Listing
Feb 23, 2026
$659,888
Initial Listing
Nov 4, 2002
$223,000
Public Record