
Moreno Valley, California 92551
This Single Family Residence is a Strong Value Opportunity, listed at $499,999—positioned well above the $467,726 Fair Market Value by 6%. While the property is priced at a premium, it offers a Fair Condition Rating with recent capital improvements, including a new water heater and flooring. Residents enjoy an active lifestyle with access to a private lake, pools, and fitness centers in the Moreno Valley Ranch community. This home is an ideal fit for first-time buyers or owner-occupants seeking a move-in ready home with extensive community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16362 Avenida De Loring Subject | $470,000* List Price | 3 | 2 | 1,018 | $452 | - |
A 25454 Moorland Road Sold | $495,000 | 3 | 2 | 1,060 | $467 | 0.3 mi |
B 25391 Maxy Drive Sold | $452,000 | 2 | 2 | 970 | $466 | 0.4 mi |
C 25560 Casa Encantador Sold | $485,000 | 2 | 2 | 1,060 | $458 | 1.0 mi |
D 15565 Isleta Sold | $535,000 | 3 | 2 | 1,358 | $394 | 0.8 mi |
E 16151 Nippet Lane Sold | $530,000 | 3 | 2 | 1,329 | $399 | 0.3 mi |
F 16135 La Fortuna Active | $515,000 List Price | 3 | 2 | 1,106 | $466 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1992 (32 years old), placing it in the 'Fair' to 'Poor' age bracket. While it features some recent maintenance updates such as a new water heater, toilets, and flooring, the kitchen and bathrooms (as seen in photos) remain largely dated with original 1990s cabinetry and fixtures. It is functional and move-in ready but requires cosmetic updates to be considered modern.
Situated in Moreno Valley Ranch, the property offers access to a private lake for fishing and boating, a large recreation center, pools, splash pads, and fitness facilities, providing high lifestyle value.
The home features several key updates including new flooring in bedrooms, a new water heater, and a new garage door, offering buyers reduced immediate maintenance costs and improved move-in readiness.
The location is highly convenient for families and students, being situated close to Moreno Valley College, local schools, shopping centers, and public transportation hubs.
At just 1,018 square feet for a three-bedroom layout, the living spaces may feel compact and could be a constraint for buyers seeking more generous room dimensions.
The property lacks any significant views, which may be a disadvantage when compared to other homes in the Moreno Valley area that offer mountain or city light vistas.
BACK ON THE MARKET -BUYER COULDN'T PERFORM! Super cute 3-bedroom 2-bath home located in Moreno Valley Ranch. This home has a wonderful layout with newer flooring in the bedrooms, a newer garage door, a new front door, and a new water heater. The association offers wonderful amenities including a large recreation center with a community pool, splash pads, fitness centers, public and private parks. There is also a beautiful, residents-only lake where you can fish and pedal boat. Neighborhood is close to schools, shopping, public transportation, and Moreno Valley College.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,018 | 1,792.434 |
| Lot Size | 5,663 | 7,133.965 |
| Price | $470.0K | $554.8K |
| Price per sq ft | $462 | $320 |
| Built year | 1992 | 1989 |
| HOA | $74.0 | $128 |
| Days on market | 32 | 59 |
Sep 3, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
Aug 16, 2026
$480,000
$499,999
-4% Price Drop
Initial Listing
Aug 8, 2026
$499,999
Initial Listing
Sep 9, 2004
$230,000
Public Record
Jul 31, 2002
$135,000
Public Record