
Riverside, California 92506
This Turnkey Alessandro Heights Residence is a Strong Value Opportunity, listed at $1,325,000—positioned well below the $1,395,139 Fair Market Value by 5%. This valuation gap offers $70,139 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a 2023 pool, 2025 bathroom remodels, and a versatile 1,100 sqft ADU. Located in the Riverside Unified district, this property provides a rare blend of luxury lifestyle and financial stability, making it an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1657 Southport Subject | $1,325,000* List Price | 4 | 4 | 3,959 | $352 | - |
A 1353 Rimroad Sold | $1,235,000 | 3 | 3 | 2,938 | $420 | 0.6 mi |
B 1173 Matterhorn Pending | $1,399,999 List Price | 5 | 5 | 3,676 | $381 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive renovations within the last 5 years, including all bathrooms remodeled in 2025, luxury vinyl flooring installed in 2023, and a kitchen update with new quartz countertops and appliances. Major systems are also recently updated with a new HVAC system (2022) and a new pool (2023), placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 3959.
The property features significant recent capital improvements, including 2025 bathroom remodels, 2023 luxury vinyl flooring, and 2022 HVAC systems, offering a move-in-ready experience.
A substantial 1,100 sqft guest house with a full bath, fireplace, and kitchenette provides rare flexibility for multi-generational living, a home office, or rental income potential.
The secondary structure is currently utilized as a game room and may require additional plumbing or layout modifications to function as a fully independent living quarter.
Despite its location in a prestigious neighborhood often known for vistas, the listing indicates no specific views, which may affect its competitive edge against neighboring properties.
Pride of ownership in ALESSANDRO HEIGHTS .Main house is just under 2,900SF which includes 4 bedrooms, 3 baths, formal living room with fire place. Downstairs features a fourth bedroom with sunroom and newly remodeled shower, lighting, cabinets and toilet. Large laundry room comes with plenty of cabinet space. Oversized 3 car garage allows for bigger vehicles with extra space Recently remodeled kitchen with new quartz countertops, freshly painted cabinets, new gas stovetop and dishwasher. All bathrooms upstairs were remodeled in 2025 with new cabinets, showers, and LED MIRRORS. Luxury vinyl was installed throughout the upstairs and most of the first floor in 2023. Beautiful landscape with mature trees including multiple fruit trees and raised garden beds are in a separate gated area. New pool built in 2023 with upgraded pebble tech bottom , cave, waterfall , slide and solar heating . You, your family and friends can spend endless hours enjoying your back yard listening to the peaceful birds chirping. Included with the property is an ADU/guest house/game room which is 1,100 square feet which features a large fireplace, full bath, and kitchenette . ADU is currently being used as a game room but can easily be converted to a separate living quarters . Recent upgrades include new heating (2022) and AC/(2022). This incredible home has tons of potential to become your dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 3,959 | 1,867 | 91% |
| Lot Size | 21,780 | 10,019 | 82% |
| Price | $1.32M | $730.0K | 91% |
| Price per sq ft | $335 | $397 | 16% |
| Built year | 1987 | 1965 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 134 | 5% |
Jun 11, 2026
$1,325,000
Initial Listing
Aug 3, 2022
$1,135,000
Public Record