16066 Rancho Verde Circle, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

16066 Rancho Verde Circle, Riverside, California 92506 home-pic-0
ACTIVE$1,050,000
16066 Rancho Verde Circle, Riverside, California 92506
4Beds
3Baths
3,840Sqft
45,302Lot

Price Vs. Estimate

The estimated value ($1,050,000) is $0 (0%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top 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 = 45302, living area = 3840.
Top Cons:
Extensive Lot Maintenance: The property's expansive size of over 1 acre, while offering privacy and space, will require significant ongoing landscaping and maintenance efforts or costs for the homeowner.

Compared to the nearby listings

Price:$1.05M vs avg $728.8K (+$321,175)82%
Size:3,840 sqft vs avg 1,954 sqft91%
Price/sqft:$273 vs avg $3863%

More Insights

Built in 1983 (42 years old).
Condition: Despite being built in 1983, this property has undergone extensive and recent renovations, as explicitly stated in the description and clearly visible in the images. The kitchen features brand-new stainless steel appliances, sleek cabinetry, modern countertops, and a contemporary mosaic backsplash. Bathrooms are updated with modern vanities, fixtures, and lighting. The entire home boasts new luxury flooring (LVP), fresh paint, recessed lighting, and modern light fixtures. Key systems like the AC, electrical, and plumbing have also been updated, indicating a comprehensive overhaul. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1983
Close
-
List price
$1.05M
Original List price
$1.1M
Price/Sqft
$273
HOA
-
Days on market
-
Sold On
-
MLS number
OC25149149
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Neighborhood
Deck
Patio
ViewCity Lights,Mountain(s),Neighborhood

About this home

Stylishly Renovated View Home in Riverside’s Prestigious Woodcrest Community! Welcome to exquisitely updated residence offering over 3,800 square feet of beautifully upgraded living space, set on more than 1 acre in the desirable Woodcrest area of Riverside. This exceptional home blends modern upgrades with timeless design, all framed by unobstructed 180-degree city and mountain views. Step inside and immediately notice the extensive renovations, including new luxury flooring, fresh interior and exterior paint, and a fully upgraded kitchen featuring brand-new appliances, sleek cabinetry, modern countertops, and designer finishes. Every detail has been carefully curated—from the new AC system to the updated electrical and plumbing fixtures, ensuring both style and peace of mind. The main level features an expansive primary suite with a spa-like ensuite bathroom and stunning views, along with a spacious second bedroom perfect for guests or a home office. The open-concept kitchen, dining, and living areas are ideal for entertaining or relaxing, all while taking in the natural beauty through oversized windows. Downstairs, you'll find a warm and inviting den with a fireplace, two more generously sized bedrooms, and a dedicated laundry room—making this layout ideal for multigenerational living or hosting visitors. Step outside to the expansive wraparound deck, where panoramic views create the perfect backdrop for morning coffee or evening gatherings. A circular driveway provides convenience and curb appeal, while the detached 3-car garage offers plenty of parking and storage space. With its thoughtful upgrades, stunning views, the ideal home delivers the perfect blend of luxury, comfort, and modern living. Don’t miss your opportunity to own this turn-key gem in one of Riverside’s most sought-after neighborhoods!

Condition Rating
Excellent

Despite being built in 1983, this property has undergone extensive and recent renovations, as explicitly stated in the description and clearly visible in the images. The kitchen features brand-new stainless steel appliances, sleek cabinetry, modern countertops, and a contemporary mosaic backsplash. Bathrooms are updated with modern vanities, fixtures, and lighting. The entire home boasts new luxury flooring (LVP), fresh paint, recessed lighting, and modern light fixtures. Key systems like the AC, electrical, and plumbing have also been updated, indicating a comprehensive overhaul. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
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 = 45302, living area = 3840.
Panoramic Views: The property boasts unobstructed 180-degree city and mountain views, creating a stunning backdrop from multiple vantage points, including an expansive wraparound deck.
Extensive Modern Renovation: This residence has undergone exquisite and extensive renovations, featuring new luxury flooring, fresh paint, a fully upgraded kitchen with brand-new appliances, sleek cabinetry, modern countertops, and designer finishes, ensuring a turn-key modern living experience.
Updated Systems & Infrastructure: Key systems have been updated, including a new AC system and updated electrical and plumbing fixtures, providing peace of mind and modern functionality.
Spacious Acreage & Outdoor Living: Set on over 1 acre, the property offers ample space, a convenient circular driveway, a detached 3-car garage, and an expansive wraparound deck perfect for entertaining and enjoying the views.
Flexible & Spacious Floor Plan: With over 3,800 sqft, the layout includes an expansive primary suite, a spacious second bedroom, open-concept living areas, and a downstairs den with two additional bedrooms, ideal for multigenerational living or hosting guests.

Cons

Extensive Lot Maintenance: The property's expansive size of over 1 acre, while offering privacy and space, will require significant ongoing landscaping and maintenance efforts or costs for the homeowner.
Limited Specific Outdoor Amenities: Despite the large lot, the description primarily highlights a wraparound deck, with no mention of a pool, spa, or other elaborate recreational outdoor features that some buyers might expect with such a substantial property.
Original Construction Age: Built in 1983, the property's core structure is over 40 years old. While extensively renovated with new systems and finishes, potential buyers may still consider the age of the underlying construction for long-term maintenance planning.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state