1606 Silver Rain Drive, Diamond Bar, California 91765, Diamond Bar, 91765 - 4 bed, 3 bath
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Diamond Bar, California 91765
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,350,000—positioned well below the $1,383,436 Fair Market Value by 2%. This valuation gap provides $33,436 in Instant Equity. With a Condition Rating of 3, the home features a functional floor plan, a private pool, and a spa. Located in the prestigious Walnut Valley Unified School District, this property is an ideal acquisition for Owner-Occupants or families seeking a move-in ready home in a premier educational environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1606 Silver Rain Drive Subject | $1,350,000* List Price | 4 | 3 | 2,252 | $614 | - |
A 23419 Sand Ridge Sold | $1,388,888 | 4 | 3 | 2,208 | $629 | 0.5 mi |
B 23409 Coyote Springs Sold | $1,390,000 | 5 | 3 | 2,074 | $670 | 0.4 mi |
C 1316 Holly Leaf Way Sold | $1,280,000 | 4 | 2 | 2,054 | $623 | 0.3 mi |
D 23072 Aspen Knoll Sold | $1,476,899 | 4 | 3 | 2,579 | $573 | 0.3 mi |
E 23028 Aspen Knoll Drive Sold | $1,230,000 | 4 | 3 | 2,165 | $568 | 0.3 mi |
F 23408 Amberwick Place Sold | $1,520,000 | 4 | 4 | 2,252 | $675 | 0.5 mi |
G 22616 Mountain Laurel Sold | $1,225,000 | 4 | 2 | 1,854 | $661 | 0.3 mi |
H 1511 Deer Crossing Active | $1,449,999 List Price | 4 | 3 | 2,208 | $657 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but shows high pride of ownership. The home features updated laminate and tile flooring, refreshed bathroom vanities, and a well-maintained exterior and pool area. While some architectural elements like the staircase and built-in shelving are dated, the property is functional, meticulously cared for, and move-in ready.
The property is located within the highly prestigious Walnut Valley Unified School District, providing access to top-rated schools which significantly enhances long-term resale value and appeal to families.
Meticulously maintained and move-in ready, this home showcases true pride of ownership, allowing buyers to avoid the immediate costs and stress of renovations.
Residents enjoy access to premium community features, including an oversized swimming pool and lush, private surroundings, offering a high-end lifestyle experience.
Built in 1977, the home may feature older infrastructure or systems that, while well-maintained, may not meet the energy efficiency standards of modern new-construction homes.
Being part of a resort-style community typically involves mandatory HOA fees and regulations, which may limit owner flexibility and increase monthly carrying costs.
Welcome to 1606 Silver Rain Dr, Diamond Bar! This very well-maintained home is located in a desirable neighborhood and showcases true pride of ownership. Featuring a bright and functional floor plan, spacious living areas, and comfortable bedrooms, this home offers both comfort and convenience. Located within the highly sought-after Walnut Valley Unified School District, this home is assigned to top-rated schools, including Quail Summit Elementary, Chaparral Middle School, and Diamond Bar High School, making it an exceptional opportunity for families seeking a premier education environment. The property has been meticulously cared for and is move-in ready. Enjoy a private and tranquil setting surrounded by mature trees and lush greenery, creating a peaceful retreat with excellent privacy. Residents also have access to a resort-style community with an oversized swimming pool and outstanding amenities. Conveniently located near shopping, dining, parks, and major freeways, this is a wonderful opportunity to own a beautiful home in the heart of Diamond Bar.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,252 | 2,277.5 |
| Lot Size | 7,114 | 9,319.5 |
| Price | $1.35M | $1.28M |
| Price per sq ft | $599 | $583 |
| Built year | 1977 | 1984 |
| HOA | $0 | $160 |
| Days on market | 23 | 46 |
Jun 29, 2026
$1,350,000
Initial Listing
Jul 25, 2016
$800,000
Public Record
Jul 22, 1994
$239,500
Public Record