16796 Colt Way, Moreno Valley, California 92555, Moreno Valley, 92555 - 5 bed, 3 bath
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Moreno Valley, California 92555
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $570,000—positioned well above the $547,175 Fair Market Value by -4%. While currently priced above market, the property’s Condition Rating of 4 and original 2004 finishes provide a clear path for value-add cosmetic renovations. Featuring a 10,019 sq ft lot and a quiet cul-de-sac location with foothill views, this home offers significant lifestyle potential. It is an ideal acquisition for Owner-Occupants seeking a customizable space or Value-Add Investors targeting the Rancho Belago community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16796 Colt Way Subject | $570,000* List Price | 5 | 3 | 2,145 | $260 | - |
A 26077 Rojo Tierra Sold | $578,000 | 3 | 3 | 1,929 | $300 | 0.3 mi |
B 26209 Percheron Sold | $600,000 | 5 | 3 | 2,605 | $230 | 0.2 mi |
C 16724 Withers Way Active | $599,000 List Price | 4 | 2 | 1,858 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is exactly 20 years old and features original builder-grade finishes. While the exterior and layout are functional, the interior is dated with white appliances and tile countertops. Significant wear is visible on the bedroom carpeting and the home requires minor cosmetic updates and maintenance to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2145.
Situated at the end of a quiet cul-de-sac in the desirable Rancho Belago community, this home offers enhanced privacy and safety with scenic views of the Moreno Valley Ranch Foothills.
The 2,145 sq ft floor plan includes five bedrooms and a three-car garage, providing exceptional flexibility for large families, multi-generational living, or a dedicated home office.
Most assigned schools in the immediate vicinity carry average to below-average ratings, which may be a drawback for families prioritizing high-performance educational districts.
While well-maintained, the home's 20-year-old age suggests that buyers may need to budget for modern cosmetic updates to the kitchen and bathrooms to align with contemporary trends.
This beautifully landscaped 5 BD 3 BA home is located at the end of a quiet cul-de-sac along the base of Moreno Valley Ranch Foothills in the Rancho Belago community. If you and your family are looking for more space or wanting to transition to a single story…this 2145 sq ft home is a great choice. Built in 2004, with a lot size of almost a 1/4 of an acre, this home provides the chance to live in your dream home. It has an open kitchen concept with a breakfast nook and an Island with a sink for those fun-filled family gatherings or quiet evenings around the fireplace. The Master ensuite is spacious with a beautiful backyard view. The home boasts of large windows with wooden window shutters throughout and the 5th bedroom can be used as an office or other creative space. The home has a 3-car garage and is close to shopping and schools.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,145 | 1,782 |
| Lot Size | 10,019 | 6,970 |
| Price | $570.0K | $550.3K |
| Price per sq ft | $266 | $321 |
| Built year | 2004 | 1989 |
| HOA | $40.0 | $132 |
| Days on market | 35 | 58 |
Jun 17, 2026
$570,000
Initial Listing
Dec 13, 2004
$388,000
Public Record