16481 Valle Vista Way, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath

16481 Valle Vista Way, Riverside, California 92506 home-pic-0
ACTIVE$889,900
16481 Valle Vista Way, Riverside, California 92506
5Beds
3Baths
1,914Sqft
38,333Lot

Price Vs. Estimate

The estimated value ($883,783.605) is $6,116.395 (0%) lower than the list price ($889,900). 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 = 38333, living area = 1914.
Top Cons:
Age of Original Structure: Built in 1979, the property's core structure is over 40 years old, which may lead to potential maintenance considerations for original components not recently upgraded.

Compared to the nearby listings

Price:$889.9K vs avg $728.8K (+$161,075)74%
Size:1,914 sqft vs avg 1,935 sqft49%
Price/sqft:$465 vs avg $38681%

More Insights

Built in 1979 (46 years old).
Condition: The property, built in 1979, has undergone substantial recent upgrades, making it move-in ready. These include fresh interior and exterior paint, all-new carpet throughout, a newly renovated pool and spa, paid-off solar, and an upgraded 200 Amp electrical panel. The kitchen features upgraded cabinetry and granite countertops, and while the style (light wood cabinets, black appliances) may not be ultra-modern, it is clean, functional, and well-maintained. The bathrooms also appear updated and in good condition, including a newly added bathroom from the garage conversion. These extensive updates, particularly the very recent cosmetic and system upgrades, position the property firmly in the 'Good' category, as it requires no immediate renovations and major systems are functional and updated, even though the core structure is older.
Year Built
1979
Close
-
List price
$890K
Original List price
$920K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
PW25241721
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood, Peek-A-Boo

About this home

Set amid the scenic rolling hills of Woodcrest, 16481 Valle Vista Way presents a rare opportunity to own an authentic horse property that combines rural tranquility with everyday convenience. This single-story ranch-style residence offers 4 bedrooms, 2 bathrooms, and approximately 1,914 square feet of comfortable living space, set on an elevated 0.88-acre lot, ideal for equestrian use or future expansion. Inside, a spacious living room opens to an upgraded kitchen featuring generous cabinetry and counter space, while the adjacent dining area provides a welcoming setting for family gatherings or entertaining. The well-appointed bedrooms include a primary suite with a private bath and ample wardrobe storage. Recent improvements include fresh interior and exterior paint and all-new carpet throughout. A thoughtful garage conversion has transformed the original 3-car configuration into a versatile space that now includes a 5th bedroom, 3rd bathroom, and a 1-car garage—perfect for guests, a home office, or multi-generational living. Outdoors, the newly renovated pool and spa with an aqua blue mini pebble finish and new Pentair filtration pump and heater create a private oasis surrounded by open land with endless possibilities. The property also features a long private driveway, paid-off solar, upgraded 200 Amp electrical panel, 50 Amp electrical outlet for RV or EV, and ample room for RV parking, animal facilities, or additional structures. Zoned for horses and enveloped by rural charm, this home offers a true country lifestyle without sacrificing modern convenience. Located in one of Woodcrest’s most desirable areas, this property offers easy access to top-rated schools, shopping, and major freeways—blending privacy, functionality, and the best of Southern California living.

Condition Rating
Good

The property, built in 1979, has undergone substantial recent upgrades, making it move-in ready. These include fresh interior and exterior paint, all-new carpet throughout, a newly renovated pool and spa, paid-off solar, and an upgraded 200 Amp electrical panel. The kitchen features upgraded cabinetry and granite countertops, and while the style (light wood cabinets, black appliances) may not be ultra-modern, it is clean, functional, and well-maintained. The bathrooms also appear updated and in good condition, including a newly added bathroom from the garage conversion. These extensive updates, particularly the very recent cosmetic and system upgrades, position the property firmly in the 'Good' category, as it requires no immediate renovations and major systems are functional and updated, even though the core structure is older.
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 = 38333, living area = 1914.
Equestrian & Large Lot Potential: An authentic horse property on an elevated 0.88-acre lot, zoned for horses, offering significant potential for equestrian use, future expansion, RV parking, and additional structures.
Extensive Recent Upgrades: Features numerous recent improvements including fresh interior/exterior paint, new carpet, a newly renovated pool and spa with new equipment, paid-off solar, an upgraded 200 Amp electrical panel, and a 50 Amp RV/EV outlet.
Versatile Living Space: A thoughtful garage conversion has created a 5th bedroom and 3rd bathroom, alongside a 1-car garage, providing flexible space for guests, a home office, or multi-generational living.
Desirable Woodcrest Location: Located in a highly sought-after area of Woodcrest, blending rural tranquility and privacy with convenient access to top-rated schools, shopping, and major freeways.
Private Outdoor Oasis: The newly renovated pool and spa with modern filtration and heating systems create a private and inviting recreational area.

Cons

Age of Original Structure: Built in 1979, the property's core structure is over 40 years old, which may lead to potential maintenance considerations for original components not recently upgraded.
Reduced Garage Capacity: The garage conversion, while adding valuable living space, reduces the original 3-car garage to a single-car capacity, which might be a limitation for buyers requiring more enclosed parking or storage.
Large Lot Maintenance: The expansive 0.88-acre lot, while offering great potential, will require significant ongoing landscaping and property maintenance, which could be a considerable commitment for homeowners.

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