16575 Bonanza Dr, Riverside, California 92504, Riverside, 92504 - 3 bed, 4 bath
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Riverside, California 92504
This Luxury Single-Story Estate in the prestigious Woodcrest community is listed at $1,375,000, reflecting a stable valuation near its $1,336,837 Fair Market Value. Maintaining a Good Condition Rating, the home features recently upgraded finishes, a custom granite kitchen, and mountain views. The sprawling 1-acre lot functions as a private resort, equipped with a swimming pool, full-size basketball court, and a detached pool house. Served by the Riverside Unified School District, this turnkey property is perfectly suited for luxury-seeking families or Owner-Occupants prioritizing lifestyle and recreation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16575 Bonanza Dr Subject | $1,199,000* List Price | 3 | 4 | 3,845 | $312 | - |
A 16948 16948 Alita Sold | $1,375,000 | 4 | 5 | 3,964 | $347 | 0.4 mi |
B 16373 Bay Brook Avenue Sold | $1,350,000 | 4 | 5 | 4,011 | $337 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1989, has been recently painted and upgraded, suggesting good overall condition. The kitchen features custom red cabinetry and granite countertops, which appear well-maintained, though the style might be considered dated by some. The bathrooms, while functional, show a similar style with granite countertops and standard fixtures, indicating they are not recently renovated but are in good working order. The flooring appears to be a mix of tile and carpet, both in good condition. The presence of a pool house and extensive outdoor amenities adds significant value. While not a recent full renovation, the property is move-in ready with no immediate major repairs needed, fitting the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43995, living area = 3845.
The property sits on an impressive 1-acre lot, offering significant privacy and potential for outdoor activities and expansion.
Features a dazzling swimming pool, custom BBQ area, fire pit, and a full-size basketball court, creating an exceptional entertainment and recreational environment.
Two specific chandeliers are excluded from the sale, which may require the buyer to source replacements.
The description does not explicitly mention a central cooling system, which could be a concern in warmer climates.
While a single-story home offers accessibility, some buyers may prefer a multi-story layout for separation of living spaces.
PRICED FOR IMMEDIATE SALE! Certified appraisal in hand at $1,300,000, over $100k in instant equity! Clean home and termite inspection already completed. Welcome to your dream oasis in the sought after Woodcrest community of Riverside, Ca! This beautiful single-story estate is a 3 bedroom 2 bath with an in home office on an expansive 1-acre lot, offering the perfect blend of luxury and relaxation. Recently painted and upgraded. The open floor plan is designed for both relaxation and grand entertaining. Outside, the property transforms into a resort-style retreat.The heart of the property features a dazzling swimming pool, entertain family and friends in your custom BBQ area or gather around the cozy fire pit. Sports lovers will delight in the full-size basketball court. A stunning pool house with attached garage provides privacy and comfort for visitors or can be transformed into your own creative space. Don't miss out on this unique opportunity to own a slice of paradise; come experience it today before it's gone! There are TWO chandeliers that are excluded. Sold as is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 3,845 | 1,470.5 | 91% |
| Lot Size | 43,995.602 | 8,276 | 81% |
| Price | $1.20M | $619.5K | 87% |
| Price per sq ft | $312 | $423 | 11% |
| Built year | 1989 | 1960 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 159 | 37% |
May 27, 2026
$1,199,000
$1,375,000
-13% Price Drop
Initial Listing
Jan 24, 2026
$1,375,000
Initial Listing