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

16066 Rancho Verde, Riverside, California 92506 home-pic-0

16066 Rancho Verde

Riverside, California 92506

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
3,840Sq Ft
45,302Lot Size

Property Price

LIST PRICE$1,070,000
EST. MARKET VALUE
$1,175,755
8% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,175,755 +$105,755 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1983, the property has undergone an extensive recent renovation within the last few years. Key upgrades include a completely transformed kitchen with high-end cabinetry and appliances, fully reimagined spa-like bathrooms with modern vanities and decorative tile, new luxury vinyl flooring, and fresh interior/exterior paint. Additionally, major systems have been addressed with new AC condensers, upgraded electrical outlets, and new plumbing fixtures, meeting the criteria for a fully renovated, move-in-ready estate.

PROSSTRENGTHS & OPPORTUNITIES

  • 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.

CONSRISKS & DEFICIENCIES

About 16066 Rancho Verde

Set on over an acre on a private corner lot in the sought-after Woodcrest community of Riverside, this beautifully updated estate offers 3,840 square feet of refined living space, sweeping panoramic city and mountain views, and no HOA. A rare combination of privacy, space, and modern upgrades, the property is equestrian-friendly and designed for both everyday comfort and grand entertaining. The home has been extensively refreshed throughout, featuring new vinyl flooring, fresh interior and exterior paint, upgraded electrical outlets and lighting, new plumbing fixtures, and thoughtfully updated bathrooms with modern vanities and faucets. The kitchen has been transformed with high-end cabinetry and appliances, creating an open and inviting space ideal for gathering. The primary bathroom has been fully reimagined into a spa-like retreat with decorative tilework, new fixtures, and a brand-new soaking tub. The main level offers a desirable primary suite with ensuite bath, a generously sized secondary bedroom, and an open-concept kitchen that flows seamlessly into the living areas. Downstairs, you’ll find a spacious laundry room, a wet bar with plumbing, a cozy fireplace, a den, and two additional bedrooms—perfect for multi-generational living, guests, or flexible work-from-home needs. Recent exterior improvements include new AC condensers, a new main entry door, a new garage door, repaired and replaced decking, and a refreshed front porch finished with elegant new tile. The expansive grounds have been thoughtfully cleared to maximize usability and views while preserving exceptional privacy. A wraparound rear deck invites you to relax and take in the breathtaking scenery. A detached oversized three-car garage and circular driveway provide ample parking and convenient access. Centrally located with easy access to Southern California’s finest beaches and Big Bear Mountain, this exceptional property delivers the best of rural tranquility with city convenience—offering space, views, and freedom without compromise.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1983
Lot Size
45,302 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.02.0
52%
Square foot3,8402,016
90%
Lot Size45,30210,454
91%
Price$1.07M$750.0K
82%
Price per sq ft$279$386
3%
Built year19831969
68%
HOA$0$0
50%
Days on market32184
1%

Pricing History

Listed for Sale

Feb 3, 2026

$1,070,000

Initial Listing

Sold

Jun 7, 2024

$805,000

Public Record

Sold

Nov 24, 1999

$370,000

Public Record

Sold

Aug 16, 1993

$350,000

Public Record

Browse Properties by State Browse housing market trends by state