
Riverside, California 92504
This Elegant Gated Riverside Estate is a High-Potential Investment Opportunity, listed at $1,990,000—positioned well above the $1,705,977 Fair Market Value by -16%. While currently priced above market, the property features a Mint Condition Rating and exceptional versatility with a detached ADU and garage conversion. The expansive 40,511 sq. ft. lot and high-end kitchen renovations provide significant lifestyle value. This estate is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a private, turnkey sanctuary in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16176 Graceful Court Subject 5 bd · 5 ba · 4,539 sqft · $360 | $1,895,000* List Price | 5 | 5 | 4,539 | $360 | - |
A 16947 Orangecrest Court Sold 5 bd · 5 ba · 4,748 sqft · $315 · 0.8 mi | $1,495,000 | 5 | 5 | 4,748 | $315 | 0.8 mi |
B 16105 Gallery Heights Drive Sold 4 bd · 4 ba · 4,198 sqft · $393 · 0.2 mi | $1,650,000 | 4 | 4 | 4,198 | $393 | 0.2 mi |
C 16555 Via Los Caballeros Active 6 bd · 4 ba · 4,260 sqft · $469 · 0.9 mi | $1,999,995 List Price | 6 | 4 | 4,260 | $469 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2007, the property features high-end renovations within the last 5 years. The kitchen is fully modernized with a waterfall quartz island and stainless appliances, and the bathrooms have been updated with contemporary stone finishes and frameless glass showers. The home is in mint condition with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40511, living area = 4539.
The estate features a detached 800+ sqft ADU/casita plus an additional garage conversion, providing exceptional flexibility for guests, extended family, or potential rental income.
Situated on nearly one acre of gated land, the property offers a basketball court, mature landscaping, and multiple outdoor entertaining areas, ensuring a high level of privacy and luxury.
With 99 days on the market and multiple price adjustments, the property may be experiencing pricing resistance relative to current market demand in the Riverside area.
The presence of a garage conversion not included in the official square footage or bedroom counts may present challenges regarding appraisals, financing, or future permitting requirements.
Welcome to 16176 Graceful Ct, an elegant gated Riverside estate offering space, privacy, and refined indoor-outdoor living on nearly one acre. This impressive single-story main residence features approximately 3,824 sq. ft. with 4 bedrooms, 3.5 bathrooms, an attached 3-car garage, and a ~800+ sf separate ADU/casita for added flexibility. The garage conversion is not the above described casitas, it is essentially a 3rd unit not included in square footage and bed/bath calculations (the Casitas entryway is just inside the 2nd gate to the left, the stand alone garage conversion is near the basketball court/driveway). A private gated entry opens to a beautifully landscaped setting with mature palms, manicured lawns, stone accents, and a grand courtyard-style approach. Inside, the home showcases soaring ceilings, crystal chandeliers, arched architectural details, custom built-ins, tile flooring, and multiple inviting living spaces. The formal living room makes a dramatic first impression with high ceilings, a fireplace, large windows, and elegant display cabinetry. A separate formal dining area creates an ideal setting for gatherings, while the family room offers a warm everyday living space with fireplace, tray ceiling, and direct access to the backyard. The upgraded kitchen is designed as a true centerpiece, featuring a large island, stone-style countertops, custom cabinetry, stainless steel appliances, designer backsplash, pendant lighting, and generous storage. The spacious primary suite offers a retreat-like feel with a fireplace, tray ceiling, outdoor access, and a spa-style bathroom with soaking tub, oversized glass shower, dual vanity areas, and striking stone finishes. The detached ADU/casita adds valuable flexibility with its own living area, bedroom space, and bath—ideal for guests, extended living, private office use, or additional lifestyle needs. Outdoor living is a major highlight, with multiple patios, a covered rear veranda, courtyard fireplace, expansive lawns, mature landscaping, basketball court area, and plenty of room to relax or entertain. With central heating and air, a large lot, gated grounds, ADU, 3-car garage, and a highly functional single-story layout, this property offers a rare combination of privacy, elegance, and versatility in beautiful Riverside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 2.2 |
| Square foot | 4,539 | 1,854.896 |
| Lot Size | 40,511 | 8,680.308 |
| Price | $1.90M | $698.4K |
| Price per sq ft | $417 | $380 |
| Built year | 2007 | 1982 |
| HOA | $0 | $156 |
| Days on market | 113 | 57 |
Oct 13, 2026
$1,895,000
$1,990,000
-5% Price Drop
Initial Listing
Aug 1, 2026
$1,990,000
$1,994,000
+0% Price Increase
Initial Listing
Jul 17, 2026
$1,994,000
$1,995,000
+0% Price Increase
Initial Listing
Jul 3, 2026
$1,995,000
Initial Listing
Jun 7, 2007
$1,100,000
Public Record