16395 Ridge Field, Riverside, California 92503, Riverside, 92503 - 5 bed, 4 bath
16395 Ridge Field
Riverside, California 92503
Property Price
SUMMARY
Analysis of 16395 Ridge Field, Riverside, California 92503 reveals a Prime Investment Opportunity with a current list price of $1,050,000—significantly undercutting the $1,129,634 Fair Market Value by 7%. This valuation gap indicates a +$79,634 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16395 Ridge Field Subject | $1,050,000* List Price | 5 | 4 | 4,094 | $276 | - |
A 16154 Skyridge Drive Sold | $975,000 | 5 | 4 | 4,094 | $238 | 0.3 mi |
B 16423 Village Meadow Drive Sold | $1,195,000 | 5 | 5 | 4,895 | $244 | 0.3 mi |
C 18338 Lakepointe Drive Sold | $1,081,000 | 4 | 4 | 5,074 | $213 | 0.8 mi |
D 15487 Skyridge Drive Sold | $1,050,000 | 5 | 5 | 4,474 | $235 | 0.9 mi |
E 16183 Village Meadow Drive Sold | $900,000 | 4 | 5 | 3,450 | $261 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2006, this property has undergone extensive recent designer renovations that align with 'excellent' criteria. The interior features a fully updated gourmet kitchen with modern cabinetry and quartz countertops, and the primary bathroom has been completely remodeled with high-end marble finishes, a standalone soaking tub, and a frameless glass shower. The home boasts new wide-plank flooring, contemporary light fixtures, and a resort-style backyard with a premium saltwater pool and built-in BBQ, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Backyard
The property features a premium Bogner saltwater pool and spa, dual fire pits, and a built-in BBQ, creating a high-end outdoor oasis for entertaining.
- Versatile Living Space
With over 4,000 square feet and a full bedroom and bathroom on the first floor, the layout is ideal for multi-generational families or hosting guests.
- Prime Location and Views
Situated in the exclusive Lake Hills Reserve, the home offers panoramic mountaintop views and is within walking distance of a highly-rated elementary school.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Tandem Garage Layout
The tandem garage configuration may be less convenient for daily vehicle access compared to a standard side-by-side multi-car garage.
- Recurring HOA Fees
A monthly association fee of $205 adds to the ongoing cost of ownership, which may impact the overall affordability for some buyers.
About 16395 Ridge Field
Welcome to luxury mountaintop living in the exclusive Lake Hills Reserve community! This designer-updated 5-bedroom, 4-bathroom residence offers resort-style living with a highly desirable layout featuring a full bedroom and bathroom on the first level, ideal for guests or multi-generational living. The main living areas boast soaring ceilings, while the gourmet kitchen showcases a center island, walk-in pantry, and ample storage. On the second floor, the private primary suite is separated from the other generously sized bedrooms and includes a retreat area, balcony with panoramic views, spa-inspired bath with soaking tub and walk-in shower, elegant quartz and marble finishes, and his-and-hers closets. The entertainer's backyard is beautifully designed with a Bogner saltwater pool and spa, built-in BBQ, and dual fire pits, perfect for both entertaining and everyday enjoyment. An extra-long driveway and tandem garage complete this exceptional home. Enjoy walking distance to Lake Hills Elementary School and HOA amenities including a private residents' club with pool, playground, and open-air fireplace, plus hiking trails, stunning sunsets, and mountaintop serenity—all while being conveniently close to Riverside's amenities. A must-see home that truly needs to be experienced in person to appreciate.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 12,632 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $205.0 / Month
Neighborhood Insights
Riverside Unified Schools
Lake Hills Elementary School
Grades K-5 • 0.2 mi
Allan Orrenmaa Elementary School
Grades K-5 • 1.2 mi
Arizona Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 4,094 | 1,759 | 93% |
| Lot Size | 12,632 | 7,841 | 80% |
| Price | $1.05M | $680.0K | 89% |
| Price per sq ft | $256 | $383 | 10% |
| Built year | 2006 | 1986 | 77% |
| HOA | $205.0 | $0 | 90% |
| Days on market | 28 | 184 | 1% |
Pricing History
Listed for Sale
Feb 7, 2026
$1,050,000
Initial Listing
Sold
Jul 19, 2024
$850,000
Public Record
Sold
Feb 28, 2008
$500,000
Public Record
Sold
Apr 20, 2006
$703,000
Public Record