16183 Blue Haven Court, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Single Family Residence represents a Strong Value Opportunity, listed at $599,950—positioned well below the $635,509 Fair Market Value by 5%. This valuation gap offers $35,559 in Instant Equity for buyers. With a Fair Condition Rating, the property requires cosmetic updates, yet features a functional layout with stunning city lights and mountain views. Located in the Riverside Unified district, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16183 Blue Haven Court Subject | $599,950* List Price | 4 | 3 | 2,257 | $282 | - |
A 16175 Blue Haven Court Active | $720,000 List Price | 4 | 3 | 2,217 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the Fair category based on age and condition. While the structure is relatively modern, the interior is currently stripped of all flooring and requires significant cosmetic updates, including paint and baseboards, to be move-in ready. Kitchen and bathrooms appear original to the construction date and are now dated.
The property features impressive panoramic views of the city lights and mountains from the rear yard and covered patio, significantly enhancing its appeal for outdoor living and entertaining.
With 2,257 square feet of living space, four bedrooms, and a dedicated bonus room/office, the home offers a highly functional floor plan that accommodates both large families and remote work needs.
Located in the desirable Lake Hills Association, this property presents a prime opportunity for buyers to build equity by performing cosmetic updates and personalizing the home to their taste.
The home is noted to require updates and repairs, which may necessitate immediate additional capital investment and renovation work from the buyer upon possession.
At 3,920 square feet, the lot is relatively compact for a home of this size, which may be a drawback for those seeking extensive yard space or increased privacy between neighbors.
Welcome to 16183 Blue Haven Ct in the desirable Lake Hills Association of Riverside! This spacious two-story home offers 4 bedrooms, a bonus room, and 2.5 bathrooms with a functional layout and incredible potential with amazing views. The main floor features a welcoming family room with fireplace, dining area off the kitchen, and a versatile bonus room/office along with a convenient half bathroom. The kitchen offers newer-style cabinets, countertops, and appliances with ample space for cooking and entertaining. Upstairs you’ll find all bedrooms, remaining bathrooms, and a dedicated laundry room. The primary suite includes a walk-in closet and attached bathroom with dual sinks, separate soaking tub, and walk-in shower. Step outside to a great rear yard complete with a covered patio and stunning neighborhood, city lights, and mountain views—perfect for relaxing or entertaining guests. Additional features include an attached two-car garage and driveway parking. Bring your imagination to this one! The home will require some improvements and updates, offering a great opportunity for buyers to customize and add value., but presents a fantastic opportunity to customize and add value in a highly sought-after Riverside neighborhood.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,257 | 1,620 | 70% |
| Lot Size | 3,920 | 7,841 | 5% |
| Price | $600.0K | $660.0K | 28% |
| Price per sq ft | $266 | $393 | 10% |
| Built year | 2000 | 1983 | 70% |
| HOA | $109.0 | $0 | 74% |
| Days on market | 10 | 148 | 1% |
May 27, 2026
$599,950
Initial Listing
Jul 24, 2012
$234,500
Public Record
Mar 9, 2004
$200,000
Public Record
Aug 29, 2001
$288,000
Public Record