
Riverside, California 92504
This Spacious Custom Estate is a Strong Value Opportunity, listed at $1,575,000—positioned well below the $1,597,726 Fair Market Value by 1%. This valuation gap offers $22,726 in Instant Equity. The property maintains a Fair Condition Rating, featuring a recently remodeled spa-inspired primary suite alongside a dated kitchen, offering significant potential for cosmetic value-add. With a 39,204 sq. ft. lot, saltwater pool, and spa, this is an ideal acquisition for Owner-Occupants or Investors seeking a high-potential Riverside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16796 Katie Subject | $1,575,000* List Price | 4 | 4 | 3,945 | $405 | - |
A 16130 Reiner Circle Active | $1,650,000 List Price | 5 | 5 | 4,309 | $383 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is over 25 years old. While the primary bathroom has been recently renovated to an excellent standard, the kitchen remains dated with original dark wood cabinetry and older finishes. The overall interior aesthetic and likely original systems (HVAC/Electric) align with the 'Fair' criteria for homes over 20 years old needing minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39204, living area = 3945.
Situated on a nearly 40,000 sq. ft. lot, the property features a custom saltwater pool, spa, and mature fruit trees, offering exceptional privacy and ample space for an ADU or sports court.
The estate boasts a grand circular driveway with two gated entrances and a 4-car garage, providing significant curb appeal and extensive space for RVs, trucks, or recreational vehicles.
The property is marketed as 'reduced for quick sale' despite being listed at its original price, and it shows a significant price increase from its previous sale of $1.45M in late 2023.
While the marketing description emphasizes breathtaking and scenic views, the official MLS data indicates 'None,' which may lead to conflicting buyer expectations during tours.
REDUCED FOR QUICK SALE - Welcome to this exceptional custom estate nestled in one of Riverside's most prestigious neighborhoods. Situated on an expansive 39,000 sq. ft. lot, this impressive 3,945 sq. ft. single-story residence offers 4 spacious bedrooms, 4 bathrooms, and the perfect blend of luxury, comfort, and privacy. From the moment you arrive, you'll be captivated by the grand circular driveway with two gated entrances, providing outstanding curb appeal, privacy, and ample parking. In addition to the attached 4-car garage, the oversized driveway easily accommodates multiple vehicles, RVs, trucks, or recreational toys. Step through the impressive grand foyer featuring soaring high ceilings that create an elegant and welcoming first impression. The spacious floor plan is designed for both everyday living and entertaining, offering generous living spaces filled with natural light. The luxurious primary suite serves as a private retreat, complete with its own balcony overlooking scenic views. The recently remodeled spa-inspired primary bathroom features premium finishes, a separate sauna room, and an atmosphere designed for relaxation and rejuvenation. The resort-style backyard is truly an entertainer's dream. Enjoy the custom saltwater swimming pool and spa surrounded by mature landscaping and a variety of fruit trees, including delicious passion fruit. The expansive grounds provide endless possibilities for outdoor entertaining, gardening, sports courts, or even the addition of an ADU. Whether you're hosting large gatherings or simply enjoying peaceful evenings at home, this remarkable property offers the space, amenities, and setting to accommodate every lifestyle. Combining luxury living with exceptional outdoor space, breathtaking views, and an unbeatable location, this Riverside estate presents a rare opportunity to own a truly one-of-a-kind home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,945 | 1,723 |
| Lot Size | 39,204 | 8,712 |
| Price | $1.57M | $676.0K |
| Price per sq ft | $399 | $395 |
| Built year | 1999 | 1977 |
| HOA | $0 | $125 |
| Days on market | 22 | 58 |
Jun 30, 2026
$1,575,000
Initial Listing
Aug 31, 2023
$1,450,000
Public Record
May 31, 2005
$940,000
Public Record
Jul 2, 1998
$48,000
Public Record
Oct 7, 1997
$19,000
Public Record