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16718 Catalonia Drive, Riverside, California 92504, Riverside, 92504 - 5 bed, 5 bath

16718 Catalonia Drive, Riverside, California 92504 home-pic-0
ACTIVE$1,299,900
16718 Catalonia Drive, Riverside, California 92504
5Beds
5Baths
4,815Sqft
38,768Lot

Price Vs. Estimate

The estimated value ($1,137,606.755) is $162,293.245 (12%) lower than the list price ($1,299,900). 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 = 38768, living area = 4815.
Top Cons:
Absence of Central Air Conditioning: The description mentions ceiling fans but does not explicitly state the presence of a central air conditioning system, which could be a significant drawback in Riverside's climate.

Compared to the nearby listings

Price:$1.30M vs avg $630.0K (+$669,900)87%
Size:4,815 sqft vs avg 1,594.5 sqft95%
Price/sqft:$270 vs avg $4122%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old and appears to be well-maintained and move-in ready. The kitchen features updated black appliances, granite countertops, and a custom tile backsplash, which are functional and in good condition, though the style leans traditional rather than modern. Bathrooms are clean and functional, with the primary suite boasting a jacuzzi tub and custom shower. While the property benefits from owned solar and recessed lighting, the overall aesthetic, including carpeted areas and traditional fixtures, suggests some components are not fully renovated to current, cutting-edge standards. The absence of explicit central air conditioning, as noted in the property analysis, is a functional consideration, but ceiling fans are present. The property fits the 'Good' criteria of being within 10-20 years old, well-maintained, and requiring no immediate renovations, despite some stylistic elements that are not brand new.
Year Built
2006
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$270
HOA
$72
Days on market
-
Sold On
-
MLS number
IV25117987
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

***Welcome to Alicante Estates at Mockingbird Canyon*** Don't miss out on this incredible opportunity to own this absolutely gorgeous 5 bedroom (plus an additional upstairs loft), 4.5 bathroom home with FULLY OWNED SOLAR and extensive VIEWS, VIEWS, VIEWS!! As you approach the residence, enjoy the extra wide driveway with attached 3-car garage (with single bay pull-through), extra side parking, mature landscaping and attractive curb appeal. Upon entry, also enjoy the formal living room area with a warm and inviting fireplace, separate formal dining area with french doors, family room with an additional fireplace and stone facade, and a wonderful open kitchen. The great sized kitchen features a spacious island with cabinets and storage, plenty of cabinets and counter space, updated appliances including a cooktop, vent hood, built in microwave, double oven, kitchen refrigerator, pantry area, custom backsplash and counters. Also located downstairs, there is a bedroom with an attached full bath, making this a great option for family, guests, or potential income opportunities. Upstairs, you will find the oversized loft area that features surround sound speakers and a ceiling fan for added convenience and comfort. The primary suite is an expansive space that features a private balcony area, walk in closet, and primary full bathroom with dual vanities, jacuzzi tub and custom stand up shower. The remaining bedrooms are also generously sized. The amazing back yard features plenty of concrete, space to play, and a multitude of possibilities. Other notable features include custom molding, ceiling fans, recessed lighting, side yard potential to accommodate RV and more!! Located in proximity to schools, shopping, parks, freeways, and SO MUCH MORE!! Act now, before it's too late!

Condition Rating
Good
Built in 2006, this property is 18 years old and appears to be well-maintained and move-in ready. The kitchen features updated black appliances, granite countertops, and a custom tile backsplash, which are functional and in good condition, though the style leans traditional rather than modern. Bathrooms are clean and functional, with the primary suite boasting a jacuzzi tub and custom shower. While the property benefits from owned solar and recessed lighting, the overall aesthetic, including carpeted areas and traditional fixtures, suggests some components are not fully renovated to current, cutting-edge standards. The absence of explicit central air conditioning, as noted in the property analysis, is a functional consideration, but ceiling fans are present. The property fits the 'Good' criteria of being within 10-20 years old, well-maintained, and requiring no immediate renovations, despite some stylistic elements that are not brand new.
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 = 38768, living area = 4815.
Panoramic Mountain Views: The property boasts 'extensive VIEWS, VIEWS, VIEWS!!' of the mountains, enhancing its aesthetic appeal and potential value.
Energy Efficiency (Owned Solar): Features 'FULLY OWNED SOLAR,' providing significant long-term cost savings on electricity and a desirable eco-friendly aspect.
Spacious & Flexible Floor Plan: Offers 5 bedrooms, 4.5 bathrooms, an oversized upstairs loft, and a convenient downstairs bedroom with an attached full bath, ideal for multi-generational living or guests.
Large & Versatile Lot: Situated on a substantial 38,768 sqft lot with an 'amazing back yard' offering 'multitude of possibilities' and 'side yard potential to accommodate RV and more.'
Well-Appointed Kitchen: Features a 'wonderful open kitchen' with a 'spacious island,' 'plenty of cabinets and counter space,' and 'updated appliances' including double ovens and a pantry.

Cons

Absence of Central Air Conditioning: The description mentions ceiling fans but does not explicitly state the presence of a central air conditioning system, which could be a significant drawback in Riverside's climate.
Undeveloped Backyard Amenities: While the lot is large and offers potential, the backyard currently lacks high-end features like a pool, spa, or built-in outdoor kitchen/BBQ area, which are common in comparable luxury homes.
Potential for Dated Finishes: Built in 2006, some areas of the home, beyond the updated kitchen, may feature original finishes that could require modernization to align with current luxury market expectations.

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