RealKey
‪(213) 433-7766‬

16219 Skyridge Drive, Riverside, California 92503, Riverside, 92503 - 4 bed, 4 bath

16219 Skyridge Drive, Riverside, California 92503 home-pic-0
ACTIVE$988,880
16219 Skyridge Drive, Riverside, California 92503
4Beds
4Baths
4,094Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($775,417.555) is $213,462.445 (21%) lower than the list price ($988,880). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts incredible panoramic views of the surrounding hills from the backyard and a private balcony off the master suite, enhancing its appeal and value.
Top Cons:
Overpriced Relative to Market Value: The current listing price of $988,880 is significantly higher than the estimated property value of $775,417.55 and several recent comparable sales, suggesting a potential overvaluation.

Compared to the nearby listings

Price:$988.9K vs avg $670.0K (+$318,880)85%
Size:4,094 sqft vs avg 1,695 sqft91%
Price/sqft:$242 vs avg $3834%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. It is move-in ready with recent updates including new interior paint and new carpet. The kitchen features granite slab countertops and a 'Sleek BLACK Appliance Package,' which, while functional and well-maintained, reflect the original build era's style rather than a recent, extensive modern renovation. Similarly, the bathrooms are spacious and functional but their design elements, such as the corner garden tub and vanity styles, are consistent with the home's age. Major systems appear well-maintained, and the property does not require immediate renovations, aligning with the 'Good' condition criteria.
Year Built
2006
Close
-
List price
$989K
Original List price
$1,000K
Price/Sqft
$242
HOA
$195
Days on market
-
Sold On
-
MLS number
IG25072735
Home ConditionGood
Features
Excellent View: City Lights, Hills, Panoramic
Deck
Patio
ViewCity Lights,Hills,Panoramic

About this home

Located in the PRESTIGIOUS LAKE HILLS RESERVE Community with PANORAMIC VIEWS from the Backyard!! PRICED BELOW RECENT COMPS - NEW INTERIOR PAINT & NEW CARPET INSTALLED!! This is an EXPANSIVE Two Story Home for the GROWING Family with a LARGE Backyard and 3 Car Tandem Garage!! Enjoy this SPACIOUS, Sprawling Floor-Plan Offering 4094sqft with 4 LARGE Bedrooms, Upstairs Loft and 4 FULL Bathrooms * * This Floor Plan offers a MAIN FLOOR Bedrooms and FULL Bathroom * * Terrific Island Kitchen with GRANITE SLAB Counter-Tops & Back-Splash, Sleek BLACK Appliance Package including the Refrigerator, Walk-In Pantry, Breakfast Counter for the Kids, Butlers Pantry and In-Kitchen Dining Area * * Extra Large Family Room with Cozy Fireplace & Media Niche is PERFECT for Family Gatherings * * Separate FORMAL DINING ROOM and FORMAL LIVING ROOM * * Terrific Backyard with Covered Patio offers INCREDIBLE VIEWS of the Surrounding Hills and PLENTY of Room for the Kids to Play or add your Custom Pool * * SPACIOUS Master Bedroom Suite with PRIVATE BALCONY to Enjoy the Serene Views, Separate Retreat with Romantic Fireplace - AND - Master Bathroom offers (2) Separate Vanities, His & Her Walk-in Closets, Walk-In Shower and OVER-SIZED Garden Tub * * UPSTAIRS Loft is Great fir the Kids Playroom or Your Private In-Home Office * * (3) Additional Nicely Appointed Bedrooms * * Super Convenient UPSTAIRS Laundry Room with Washer & Dryer Included * * 3 CAR TANDEM Garage * * WONDERFUL Location is Minutes to Shopping, Parks, Schools, Dining/Restaurants, EZ freeway Access and HOA Amenities Include Pool & Spa, Clubhouse!!

Nearby schools

8/10
Lake Hills Elementary School
Public,•K-5•0.5mi
3/10
Allan Orrenmaa Elementary School
Public,•K-5•1.0mi
5/10
Ysmael Villegas Middle School
Public,•6-8•1.4mi
6/10
Arizona Middle School
Public,•6-8•1.5mi
6/10
Hillcrest High School
Public,•9-12•0.9mi
Condition Rating
Good
Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. It is move-in ready with recent updates including new interior paint and new carpet. The kitchen features granite slab countertops and a 'Sleek BLACK Appliance Package,' which, while functional and well-maintained, reflect the original build era's style rather than a recent, extensive modern renovation. Similarly, the bathrooms are spacious and functional but their design elements, such as the corner garden tub and vanity styles, are consistent with the home's age. Major systems appear well-maintained, and the property does not require immediate renovations, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Panoramic Views: The property boasts incredible panoramic views of the surrounding hills from the backyard and a private balcony off the master suite, enhancing its appeal and value.
Spacious & Functional Layout: With 4094 sqft, 4 large bedrooms, 4 full bathrooms, an upstairs loft, and a main floor bedroom with a full bath, the expansive floor plan is ideal for a growing or multi-generational family.
Prestigious Community & Amenities: Located in the desirable Lake Hills Reserve Community, residents benefit from HOA amenities including a pool, spa, and clubhouse, offering an enhanced lifestyle.
Recent Updates: The home features new interior paint and new carpet, providing a fresh, move-in ready condition for prospective buyers.
Well-Equipped Kitchen: The kitchen includes an island, granite slab countertops, a sleek black appliance package (including refrigerator), walk-in pantry, butler's pantry, and an in-kitchen dining area, catering to culinary needs.

Cons

Overpriced Relative to Market Value: The current listing price of $988,880 is significantly higher than the estimated property value of $775,417.55 and several recent comparable sales, suggesting a potential overvaluation.
Absence of Modern Energy Features: The property description does not mention a cooling system (e.g., central AC) or solar panels, which are increasingly expected features for comfort and energy efficiency in comparable homes in the region.
Dated Kitchen Appliances/Finishes: While functional, the 'Sleek BLACK Appliance Package' and granite slab countertops, though good, may be perceived as less modern or high-end compared to the stainless steel or updated white cabinetry found in some recently sold comparable properties.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state