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

16718 Catalonia Drive, Riverside, California 92504 home-pic-0
ACTIVE$1,340,000
16718 Catalonia Drive, Riverside, California 92504
5Beds
5Baths
4,815Sqft
38,768Lot

Price Vs. Estimate

The estimated value ($1,340,000) is $0 (0%) lower than the list price ($1,340,000). 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 Pool/Spa: Despite the large lot size and luxury status, the property description does not mention a pool or spa, which may be a drawback for buyers expecting these amenities in a high-end Southern California home.

Compared to the nearby listings

Price:$1.34M vs avg $630.0K (+$710,000)88%
Size:4,815 sqft vs avg 1,594.5 sqft95%
Price/sqft:$278 vs avg $4123%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is well-maintained and move-in ready. The kitchen features functional appliances, granite countertops, and a wine cooler, while bathrooms are spacious with dual sinks and a jacuzzi tub in the primary. While the dark wood cabinetry and black appliances reflect the original build era and are not ultra-modern, they are in good condition and do not require immediate updates. The property benefits from a paid solar system and overall appears to have minimal wear and tear.
Year Built
2006
Close
-
List price
$1.34M
Original List price
$1.34M
Price/Sqft
$278
HOA
$72
Days on market
-
Sold On
-
MLS number
IV25181352
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
Deck
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic

About this home

Opportunity is knocking for the discerning buyer on this Mockingbird Canyon Alicante Estates Home with gorgeous views! Solar, PAID in full. This home offers entry foyer, formal living and dining rooms. The Great Room offers kitchen with coffee bar, wine cooler in island, a walk in pantry, microwave, cooktop and double oven, informal dining and computer desk, a family room with stone fireplace, built in speaker system and a view you do not want to miss! Main level offers a bedroom with full ensuite bath, a laundry room, with folding counters and a soaking sink, a powder room, and access to the 3 car garage. Upstairs, there 4 bedrooms, one has an ensuite bath, 2 bedrooms have a jack-n-jill bath and the Primary Suite. Primary Suite offers a balcony with gorgeous views! there are his and her closets, and an extra large bathroom with two sinks, a makeup counter, jacuzzi tub and separate shower. There are linen cabinets and a bonus room with a balcony. The yard area is landscaped with plants, trees and flowers and a play area. The three car garage has one stall with a pull thru and a dog run set up.

Condition Rating
Good

Built in 2006, this property is well-maintained and move-in ready. The kitchen features functional appliances, granite countertops, and a wine cooler, while bathrooms are spacious with dual sinks and a jacuzzi tub in the primary. While the dark wood cabinetry and black appliances reflect the original build era and are not ultra-modern, they are in good condition and do not require immediate updates. The property benefits from a paid solar system and overall appears to have minimal wear and tear.
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 Views: The property boasts stunning panoramic views of City Lights, Hills, Mountains, and the Neighborhood, visible from multiple vantage points including the Primary Suite balcony, significantly enhancing its appeal.
Paid Solar System: Equipped with a fully paid-for solar system, this property offers substantial energy cost savings and environmental benefits, a significant advantage for discerning buyers.
Luxurious & Functional Kitchen/Great Room: The Great Room features a well-appointed kitchen with a coffee bar, wine cooler in the island, walk-in pantry, double oven, and a family room with a stone fireplace and built-in speaker system, ideal for entertaining.
Main Level Bedroom with Ensuite: A convenient main level bedroom with a full ensuite bath provides excellent flexibility for guests or multi-generational living, a highly sought-after feature.
Spacious Primary Suite & Bonus Room: The Primary Suite offers a private balcony with views, 'his and her' closets, an oversized bathroom with a jacuzzi tub and separate shower, complemented by an additional bonus room with a balcony, providing ample private and flexible space.

Cons

Absence of Pool/Spa: Despite the large lot size and luxury status, the property description does not mention a pool or spa, which may be a drawback for buyers expecting these amenities in a high-end Southern California home.
Potential for Dated Finishes in Some Areas: Built in 2006, while the kitchen appears well-equipped, other areas of the home may feature finishes or designs that are not current with modern luxury trends, potentially requiring future updates for some buyers.
Limited Detailed Outdoor Entertainment Features: The large 38,768 sqft lot is landscaped with a play area, but the description lacks specifics on extensive outdoor living amenities such as an outdoor kitchen, large covered patio, or fire pit, which could be a missed opportunity for maximizing enjoyment of the views and space.

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