16190 Rocky Bluff Road, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
ACTIVE$1,650,000
16190 Rocky Bluff Road, Perris, California 92570
2Beds
1Bath
688Sqft
1,321,175Lot
Price Vs. Estimate
The estimated value ($1,647,097.845) is $2,902.155 (0%) lower than the list price ($1,650,000). 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 = 1321175, living area = 688.
Top Cons:
Minimal and Dated Dwelling: The existing 1931-built, 688 sqft, 1-bedroom dwelling is small and likely requires substantial renovation or replacement, not contributing significantly to the property's overall value.
Compared to the nearby listings
Price:$1.65M vs avg $613.7K (+$1,036,334)98%
Size:688 sqft vs avg 2,224 sqft2%
Price/sqft:$2.4K vs avg $30199%
More Insights
Built in 1931 (94 years old).
Condition: The dwelling was built in 1931, making it 93 years old. The listing explicitly describes it as a 'minimal and dated dwelling' that 'likely requires substantial renovation or replacement.' There are no interior photos, and the exterior images of other structures on the property (barns) show extreme dilapidation, suggesting the dwelling is in a similar state. Given its age and the need for 'substantial renovation or replacement,' the property aligns with the 'Poor' condition, indicating significant defects and a need for extensive repairs and rehabilitation, especially for the kitchen and bathroom, which would undoubtedly be original or severely outdated.
Year Built
1931
Close
-
List price
$1.65M
Original List price
$1.95M
Price/Sqft
$2,398
HOA
-
Days on market
-
Sold On
-
MLS number
PW24158398
Home ConditionPoor
Features
View-
About this home
30 plus acres of subdividable land in prime location of Perris/Gavilan Hills. (Buyer to check with Riverside Planning Department for land uses). All utilities in property. two water wells. (Buyer to check with health department for water permits). A one bedroom one bath and kitchen Dwelling and horse Barnes included in the sale.
Condition Rating
Poor
The dwelling was built in 1931, making it 93 years old. The listing explicitly describes it as a 'minimal and dated dwelling' that 'likely requires substantial renovation or replacement.' There are no interior photos, and the exterior images of other structures on the property (barns) show extreme dilapidation, suggesting the dwelling is in a similar state. Given its age and the need for 'substantial renovation or replacement,' the property aligns with the 'Poor' condition, indicating significant defects and a need for extensive repairs and rehabilitation, especially for the kitchen and bathroom, which would undoubtedly be original or severely outdated.
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 = 1321175, living area = 688.
Large Subdividable Acreage: The property boasts over 30 acres of land with explicit subdividable potential, offering significant opportunities for development or long-term investment.
Prime Location: Located in the desirable Perris/Gavilan Hills area, suggesting strong potential for appreciation and demand.
Comprehensive Utilities: All essential utilities are already present on the property, which significantly reduces initial development hurdles and costs for future projects.
Independent Water Supply: The inclusion of two water wells provides a valuable and self-sufficient water source, crucial for large acreage and potential agricultural or residential uses.
Existing Functional Structures: The sale includes a dwelling and horse barns, offering immediate utility for various purposes such as a caretaker's residence, equestrian activities, or a base for future development.
Cons
Minimal and Dated Dwelling: The existing 1931-built, 688 sqft, 1-bedroom dwelling is small and likely requires substantial renovation or replacement, not contributing significantly to the property's overall value.
Extensive Buyer Due Diligence: The listing explicitly states the buyer must verify land uses with the planning department and water permits with the health department, indicating potential complexities, delays, and additional costs.
Lack of Noted Scenic Views: The property description explicitly states 'View: None,' which can be a drawback for a large, rural parcel where scenic vistas are often a key selling point.