16176 Setting Sun Circle, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $700,000—positioned well below the $721,939 Fair Market Value by 3%. This valuation gap offers $21,939 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers an open-concept layout with a Granite Kitchen and a versatile loft. Located in the desirable Lake Hills community with access to Top-Rated Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16176 Setting Sun Circle Subject | $700,000* List Price | 4 | 3 | 2,217 | $326 | - |
A 12740 Tehama Circle Sold | $720,000 | 4 | 3 | 1,847 | $390 | 0.7 mi |
B 16183 Blue Haven Court Pending | $599,950 List Price | 4 | 3 | 2,257 | $266 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is over 20 years old. While the listing describes it as beautifully maintained with granite countertops and stainless steel appliances, the overall aesthetic—including the honey-oak cabinetry and fluorescent kitchen light panels—is dated. Per the criteria, homes over 20 years old with dated features are classified as Fair, as they typically require minor cosmetic updates and have systems approaching the end of their primary life cycle.
Located in the highly desirable Lake Hills community, the property offers access to a top-rated elementary school (Rating 8), 750 acres of open space, parks, and evening security patrols, providing a safe and high-quality lifestyle.
The 2,217 sqft interior features a desirable open-concept layout with granite countertops, stainless steel appliances, a versatile upstairs loft, and a spacious primary suite with a walk-in closet and soaking tub.
Situated on a quiet cul-de-sac, the home offers enhanced privacy and reduced traffic while remaining conveniently close to the 91 Freeway, Metrolink, and major shopping destinations like The Shops at Dos Lagos.
The 4,356 sqft lot is relatively compact for a four-bedroom home of this size, resulting in a low-maintenance backyard that may lack the space desired by buyers seeking large outdoor recreation areas.
While the property offers easy access to the 91 Freeway, this specific corridor is known for significant peak-hour traffic, which could impact daily commute times for those traveling toward Orange County or Los Angeles.
***BACK ON THE MARKET -- BUYER WAS UNABLE TO PERFORM*** Welcome to this beautifully maintained cul-de-sac home in the highly desirable Lake Hills community, where comfort, space, and everyday living come together effortlessly. This spacious 4-bedroom home features an open-concept floor plan designed for both relaxing and entertaining. The inviting family room, anchored by a cozy fireplace, flows seamlessly into the kitchen featuring granite countertops, warm wood cabinetry with black hardware, stainless steel appliances, and plenty of space for gathering with family and friends. Large windows throughout fill the home with abundant natural light, creating a bright and welcoming atmosphere. Upstairs, you'll find four generously sized bedrooms, a versatile loft ideal for a home office, media room, or play area, and a convenient laundry room. The spacious primary suite serves as a private retreat with an ensuite featuring dual sinks, a soaking tub, walk-in shower, and an oversized walk-in closet. Step outside to a private, low-maintenance backyard that offers the perfect setting for relaxing, entertaining, or simply enjoying Southern California living. Nestled on 750 acres, Lake Hills provides a serene mountaintop retreat removed from city life, yet close to Riverside’s many cultural and educational amenities and near shopping attractions like The Shops at Dos Lagos and Tyler Mall. Residents enjoy the open space, the highly-rated Lake Hills Elementary, parks, playgrounds, picnic areas, a basketball half-court, HOA-maintained grounds, and an evening security patrol. Commuters will appreciate easy access to the 91 Freeway and Metrolink.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,217 | 1,723 |
| Lot Size | 4,356 | 8,712 |
| Price | $700.0K | $676.0K |
| Price per sq ft | $316 | $395 |
| Built year | 2000 | 1977 |
| HOA | $109.0 | $125 |
| Days on market | 28 | 58 |
Jun 24, 2026
$700,000
Initial Listing
Mar 28, 2001
$233,500
Public Record
Sep 29, 2000
$415,000
Public Record