16701 Lake Knoll Parkway, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Upgraded Lake Hills Sanctuary is listed at $929,900, representing a stable purchase in a high-demand community near its $893,626 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a Gourmet Viking Kitchen, hardwood flooring, and a Paid-Off Solar System for maximum efficiency. The private, resort-style backyard includes a Black-Bottom Pool and Spa with stunning mountain views. Served by the 8/10 Rated Lake Hills Elementary, this turnkey property offers a refined lifestyle. It is the perfect fit for growing families or Owner-Occupants seeking a polished, move-in-ready transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16701 Lake Knoll Parkway Subject | $929,900* List Price | 4 | 3 | 2,260 | $392 | - |
A 16668 Lake Knoll Sold | $745,000 | 4 | 3 | 2,261 | $330 | 0.2 mi |
B 16727 Lake Knoll Sold | $895,000 | 4 | 3 | 2,117 | $423 | 0.1 mi |
C 16825 Winterbrook Sold | $772,500 | 3 | 3 | 2,147 | $360 | 0.2 mi |
D 18180 Lakepointe Drive Sold | $785,000 | 4 | 3 | 2,059 | $381 | 0.6 mi |
E 17059 Noble View Active | $910,000 List Price | 3 | 2 | 2,754 | $330 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1988, the property has undergone significant renovations within the 5-15 year window, including a gourmet kitchen with Viking appliances and granite countertops, and a highly upgraded primary bathroom. The addition of a paid-off solar system and well-maintained outdoor amenities like the black-bottom pool and professional landscaping ensure the home is in 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 = 11761, living area = 2260.
The property features an exceptional outdoor oasis including a black-bottom pool, spa, waterfall, built-in BBQ island, and a showpiece fireplace, offering a private luxury retreat.
The home includes a fully paid-off solar system and professional water-wise landscaping, providing significant long-term savings on utility bills and maintenance.
With four bedrooms but only 2.5 bathrooms, the home may experience morning congestion for larger families compared to newer builds with more full baths.
While the local elementary school is highly rated, the assigned middle and high schools have average ratings, which may be a consideration for education-focused buyers.
16701 Lake Knoll Parkway, Located in the desirable Lake Hills community in the foothills above Riverside, this beautifully updated and maintained 4-bedroom, 2 ½-bath home offers wonderful views, numerous upgrades, and a backyard that feels like a private resort! Over 2200 square feet of gracious living! Huge lot! Plus, you get a paid-off electric generating solar system and lovingly cared-for water-wise landscaping to help save you money! From the moment you arrive, the home’s charm is undeniable. Enter through the front door to find soaring ceilings and an open formal living room and formal dining room. Perfect for entertaining! The inviting family room features a built-in bookcase with room for a flat-screen TV and a cozy fireplace with a beautiful mantel. Off the family room is a gourmet kitchen with rich wood cabinetry, granite countertops, a center island, upgraded appliances, including a Viking stove, and a picture window overlooking the backyard! There’s a spacious dining nook area with room for a table of six. An upgraded powder room and large laundry room complement the downstairs. Gleaming hardwood floors run throughout the downstairs! The seller is leaving the refrigerator, washer, and dryer, too! Walk up the stairs to the large primary suite with its vaulted ceiling, walk-in closet with organizers, and a bathroom to die for! The bathroom is highly upgraded with an oversized walk-in shower, a jacuzzi-style soaking tub, and a large vanity with a granite countertop. Off the primary suite is your own private patio deck, perfect for watching sunsets! There are 3 other wonderful bedrooms upstairs, plus a hall bath with its own tub/shower. Step outside to your own private oasis featuring a Waterfall feature, stunning black bottom pool and spa, built-in barbecue island, a showpiece outdoor fireplace, and a patio that runs across the entire back of the house. The upper yard offers additional space for a future sun deck with dramatic views! There is water-wise landscaping front and back, with automatic sprinklers. The 3-car garage has roll-up doors with an automatic opener. This home is a short distance away from the freeway, the Metrolink station, and LOTS of shopping. The property has a small HOA fee, no Mello-Roos, and the community offers plenty of family amenities! There is SO much more! This home perfectly combines comfort, efficiency, and outdoor beauty. An exceptional opportunity in one of Riverside’s most sought-after neighborhoods!!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,260 | 1,620 | 70% |
| Lot Size | 11,761 | 7,841 | 77% |
| Price | $929.9K | $660.0K | 85% |
| Price per sq ft | $411 | $397 | 57% |
| Built year | 1988 | 1983 | 58% |
| HOA | $109.0 | $0 | 74% |
| Days on market | 40 | 148 | 2% |
Apr 27, 2026
$929,900
Initial Listing
Dec 28, 2007
$535,000
Public Record