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16612 Edge Gate Drive, Riverside, California 92504, Riverside, 92504 - 4 bed, 4 bath

16612 Edge Gate Drive, Riverside, California 92504 home-pic-0
ACTIVE$1,198,000
16612 Edge Gate Drive, Riverside, California 92504
4Beds
4Baths
3,512Sqft
59,677Lot

Price Vs. Estimate

The estimated value ($1,198,000) is $0 (0%) lower than the list price ($1,198,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Natural Environment & Views: The property is elevated on a promontory lot, offering spectacular sunset, city lights, canyon, hills, and mountain views, complemented by gentle cool breezes and a serene, private setting.
Top Cons:
Price Reduction History: The property has undergone multiple price reductions from its original list price, which may indicate market resistance or an initial overvaluation.

Compared to the nearby listings

Price:$1.20M vs avg $630.0K (+$568,000)84%
Size:3,512 sqft vs avg 1,594.5 sqft85%
Price/sqft:$341 vs avg $41217%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old, placing it just outside the 10-20 year range for a 'Good' score based on age alone. However, the description highlights 'brand new white porcelain flooring on the first floor and beautiful laminate flooring on the second floor,' indicating a significant and recent renovation of the flooring throughout the home. The images confirm these updates, showing clean, modern-looking floors. While the kitchen features light wood cabinets and granite countertops that are functional but reflect an early 2000s style, and the bathrooms have similar dated vanities and tile work, they appear well-maintained and clean, not requiring immediate renovation for functionality. The property is move-in ready, and major systems, including visible solar panels, appear functional and well-maintained. The recent flooring update, combined with overall good upkeep, elevates the property to a 'Good' condition, despite the dated aesthetics in the kitchen and bathrooms.
Year Built
2003
Close
-
List price
$1.2M
Original List price
$1.28M
Price/Sqft
$341
HOA
$90
Days on market
-
Sold On
-
MLS number
CV25025178
Home ConditionGood
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Neighborhood
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Neighborhood

About this home

MOCKINGBIRD CANYON- BRIDLE CREEK- This gorgeous home has brand new white porcelain flooring on the first floor and beautiful laminate flooring on the second floor. This home is shrouded by mature California Pepper Trees older than the house itself and elevated on a lofty promontory lot. This home enjoys gentle cool breezes and spectacular sunset views! If you are looking for a place that has the fundamentals of serenity, privacy, security and just the right touch of fancy and captivate all who enter the gates. Large formal living and dining rooms; Separate study with two-way fireplace between the living room; Spacious family room open to the island kitchen; 4 large family bedrooms including the luxurious master suite with access to the second level lanai. Spectacular place for the treat of smells of Sage and Citrus blossoms throughout the year; Private Orchard comprised of a variety of Citrus, Avocado, Pomegranate and even Grape Vines. The sounds of streams, frogs, and birds among the whisper of the breezes through the Peppers; Recreation abounds with trees and boulders to climb, trails to explore and views in every direction to enjoy! A custom playhouse and shaded "Secret Kingdom" for the children to enjoy the serenity this place offers. A three car-tandem garage and ample off street parking; The community offers the exceptional amenities of improved horse trails and a day use equestrian center with stalls and a restroom. The community is filled with natural open spaces preserved to enhance the beauty and appeal of the neighborhood with mature Pepper Oak and Sycamores fed by natural water courses and streams supporting the rich wild-life community of Squirrels, Possums, Foxes and many bird species.

Condition Rating
Good
Built in 2003, this property is 21 years old, placing it just outside the 10-20 year range for a 'Good' score based on age alone. However, the description highlights 'brand new white porcelain flooring on the first floor and beautiful laminate flooring on the second floor,' indicating a significant and recent renovation of the flooring throughout the home. The images confirm these updates, showing clean, modern-looking floors. While the kitchen features light wood cabinets and granite countertops that are functional but reflect an early 2000s style, and the bathrooms have similar dated vanities and tile work, they appear well-maintained and clean, not requiring immediate renovation for functionality. The property is move-in ready, and major systems, including visible solar panels, appear functional and well-maintained. The recent flooring update, combined with overall good upkeep, elevates the property to a 'Good' condition, despite the dated aesthetics in the kitchen and bathrooms.
Pros & Cons

Pros

Exceptional Natural Environment & Views: The property is elevated on a promontory lot, offering spectacular sunset, city lights, canyon, hills, and mountain views, complemented by gentle cool breezes and a serene, private setting.
Private Orchard & Aromatic Landscape: Features a private orchard with a variety of citrus, avocado, pomegranate, and grapevines, creating a unique and aromatic living experience.
Recent Interior Upgrades: Boasts brand new white porcelain flooring on the first floor and beautiful laminate flooring on the second floor, providing a fresh and modern aesthetic.
Community Equestrian Amenities: Located in a community with improved horse trails and a day-use equestrian center, appealing to equestrian enthusiasts and offering unique recreational opportunities.
Spacious & Functional Layout: Offers large formal living and dining rooms, a separate study with a two-way fireplace, a spacious family room open to an island kitchen, and a luxurious master suite with second-level lanai access.

Cons

Price Reduction History: The property has undergone multiple price reductions from its original list price, which may indicate market resistance or an initial overvaluation.
Ongoing Association Fees: A monthly association fee of $90 adds to the recurring cost of homeownership, which could be a consideration for some buyers.
Potential for Dated Systems/Features: Built in 2003, while well-maintained, some original systems or components (beyond the recently updated flooring) may be approaching an age where future maintenance or upgrades could be anticipated.

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