16186 Pick Pl, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

16186 Pick Pl, Riverside, California 92504 home-pic-0
ACTIVE$1,085,000
16186 Pick Pl, Riverside, California 92504
3Beds
2Baths
2,929Sqft
54,450Lot

Price Vs. Estimate

The estimated value ($1,085,000) is $0 (0%) lower than the list price ($1,085,000). 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 = 54450, living area = 2929.
Top Cons:
Solar Panel Lease Assumption: The buyer is required to assume two separate solar panel leases, which represents a recurring monthly financial obligation (estimated $150-$250/month) and a long-term contractual commitment.

Compared to the nearby listings

Price:$1.08M vs avg $630.0K (+$455,000)81%
Size:2,929 sqft vs avg 1,594.5 sqft81%
Price/sqft:$370 vs avg $41229%

More Insights

Built in 1980 (45 years old).
Condition: This property, built in 1980, has undergone significant and recent renovations that elevate its condition well beyond its age. The description explicitly states 'remodeled kitchen and bathrooms,' 'new vinyl flooring in all bedrooms and tiles in all others,' and 'new paint.' The images confirm these updates, showcasing a kitchen with modern stainless steel appliances (including a 1-year-old gas range), granite countertops, and updated cabinetry. The bathroom features a contemporary walk-in tiled shower with a glass enclosure, a modern vanity, and updated lighting. Crucially, major systems have also been addressed: new ducting and heater were installed in 2020 (4 years ago), and a heat pump provides efficient heating and cooling across 4 zones. New leach lines for the septic system were done in 2016 (8 years ago). While not 'newly built' or 'extensively renovated within 5 years' across *all* components to qualify as 'Excellent' (e.g., kitchen cabinet style, while good, isn't ultra-modern), the property is undeniably move-in ready with no immediate renovations required, and its major systems and key living areas are well within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' rating.
Year Built
1980
Close
-
List price
$1.08M
Original List price
$1.1M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
IV25188184
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Welcome to 16186 Pick PL, in the highly desirable Woodcrest community in Riverside. Nestled in a serene and spacious location, this home offers stunning views of the city lights and mountain views. Perched on a sprawling 1.18 acres, this property is 2929 Bldg Sq Ft, 3 bed/2 Full bathroom, a spacious bonus room ideal for a home office or gym. This house contains 4 A/C zones, so you don't have to run the A/C in the entire home all at once. Washer and dryer are 1 yr old and 5 burner gas range with no preheat air fryer and convection oven. Remodeled kitchen and bathrooms. The inviting living and dining area includes a double-sided fireplace, creating warmth and charm. This beautiful home has two sheds, RV parking, and a new side patio with an additional patio. All have been permitted except side patio. New ducting and heater put in in 2020. Hot water circulation pump, which gives you fast hot water. Heat pump works for A/C as well. New vinyl flooring in all bedrooms and tiles in all others. New paint and new car garage door. Property comes with panels and buyer to assume lease. There are two separate panel contracts, one for $103.06 per month and the other is per KWH. The current rate is $.0256/kwh and produces anywhere from 400 kwh to 900 kwh per month. The billing may vary from $150 to $250 per month. Seller has not paid an Edison bill since May 2022 and currently has a $500 credit. Property is septic and had new leach lines in 2016. Cameras do not belong with the purchase price. So much more, a must see home!!

Condition Rating
Good

This property, built in 1980, has undergone significant and recent renovations that elevate its condition well beyond its age. The description explicitly states 'remodeled kitchen and bathrooms,' 'new vinyl flooring in all bedrooms and tiles in all others,' and 'new paint.' The images confirm these updates, showcasing a kitchen with modern stainless steel appliances (including a 1-year-old gas range), granite countertops, and updated cabinetry. The bathroom features a contemporary walk-in tiled shower with a glass enclosure, a modern vanity, and updated lighting. Crucially, major systems have also been addressed: new ducting and heater were installed in 2020 (4 years ago), and a heat pump provides efficient heating and cooling across 4 zones. New leach lines for the septic system were done in 2016 (8 years ago). While not 'newly built' or 'extensively renovated within 5 years' across *all* components to qualify as 'Excellent' (e.g., kitchen cabinet style, while good, isn't ultra-modern), the property is undeniably move-in ready with no immediate renovations required, and its major systems and key living areas are well within the 'extensively renovated within 5 to 15 years' criteria for a 'Good' rating.
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 = 54450, living area = 2929.
Panoramic Views: The property offers stunning city lights and mountain views from its desirable Woodcrest community location, enhancing its aesthetic appeal and potential value.
Extensive Lot Size: Situated on a sprawling 1.18-acre lot, this property provides significant outdoor space, privacy, and potential for further landscaping or expansion.
Recent Modern Upgrades: The home features a remodeled kitchen and bathrooms, new vinyl flooring, fresh paint, a new garage door, and updated HVAC components (ducting, heater, heat pump), reducing immediate maintenance needs for a buyer.
Energy Efficiency & Comfort: Equipped with 4 A/C zones, a heat pump for efficient heating/cooling, and a hot water circulation pump, the property offers enhanced comfort and potential energy savings.
Versatile Space & Outdoor Amenities: A spacious bonus room provides flexibility for a home office or gym, complemented by practical outdoor features like RV parking, two sheds, and multiple patios.

Cons

Solar Panel Lease Assumption: The buyer is required to assume two separate solar panel leases, which represents a recurring monthly financial obligation (estimated $150-$250/month) and a long-term contractual commitment.
Septic System: The property relies on a septic system (though with new leach lines in 2016), which may be perceived as less convenient or require more maintenance compared to a municipal sewer connection.
Unpermitted Side Patio: One of the newly added patios is unpermitted, which could pose future compliance issues or require the buyer to undertake the permitting process.

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