
Riverside, California 92504
This Spacious Equestrian Estate represents a Strong Value Opportunity, listed at $1,150,000—positioned well above the $1,046,454 Fair Market Value. While the property carries a Fair Condition Rating due to its original 1990s interior, the expansive 38,333 sqft lot and Horse Property Zoning provide significant upside for value-add renovations or an ADU conversion. The versatile 6-bedroom layout supports multigenerational living, while the gated privacy and scenic mountain views offer a unique lifestyle. This is an ideal acquisition for Owner-Occupants seeking a custom project or Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16891 Mariposa Subject | $1,150,000* List Price | 6 | 3 | 3,210 | $326 | - |
A 17650 Laurel Grove Sold | $1,160,000 | 4 | 4 | 3,385 | $343 | 0.8 mi |
B 17438 Sunset View Sold | $930,000 | 4 | 3 | 3,442 | $270 | 0.6 mi |
C 17652 Calle Del Corral Sold | $815,000 | 4 | 2 | 2,340 | $348 | 0.9 mi |
D 16563 Tava Sold | $850,000 | 4 | 2 | 2,300 | $370 | 0.9 mi |
E 17492 Mariposa Avenue Sold | $1,089,000 | 4 | 4 | 4,213 | $258 | 0.6 mi |
F 16810 Tava Lane Sold | $850,000 | 4 | 2 | 2,009 | $423 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1990 (34 years old) and remains largely in its original state. While well-maintained and functional, the kitchen features dated oak cabinetry, tile countertops, and fluorescent light boxes typical of the era. Although one hallway bath is noted as updated and solar is present, the overall interior aesthetic and primary systems are over 30 years old, requiring modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38333, living area = 3210.
Situated on nearly an acre, the property includes a Barn Master barn, chicken coop, and horse zoning, offering exceptional versatility for equestrian use, workshops, or potential ADU conversion.
The 3,210 sqft floor plan features six bedrooms, including a convenient downstairs bedroom and full bath, making it ideal for large families or multi-generational living arrangements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The solar system is leased rather than owned, requiring the buyer to assume a contract which may complicate the financing process or represent a long-term financial obligation.
While well-maintained, the 1990 construction features original elements like a wet bar and brick fireplace that may require cosmetic updates to meet the aesthetic preferences of modern luxury buyers.
Welcome to this exceptional gated estate in the highly sought-after Woodcrest community, where privacy, space, and country living come together on nearly one acre of beautifully maintained grounds. A long private driveway leads to this impressive residence offering approximately 3,210 square feet with 6 bedrooms and 3 bathrooms, thoughtfully designed for both everyday living and entertaining. Step inside to soaring cathedral ceilings, abundant natural light, formal living and dining rooms, and an inviting family room with a cozy brick fireplace and wet bar. The spacious kitchen features a center island, pantry, breakfast nook, and opens seamlessly to the main living area, creating the perfect gathering space for family and friends. A downstairs bedroom and full bath provide an ideal setup for guests or multigenerational living. Upstairs, the expansive primary suite offers a private balcony with scenic mountain views, dual walk-in closets, and a spacious ensuite bath complete with a soaking tub, separate shower, and dual vanities. Four additional generously sized bedrooms and an updated hallway bath complete the second level. The backyard is designed to embrace the Woodcrest lifestyle, featuring a covered patio, lush lawn, mature landscaping, multiple storage buildings, a chicken coop, RV parking, and a versatile Barn Master barn with tack room and multiple stalls that can easily serve as an equestrian facility, workshop, hobby space, or future ADU conversion (buyer to verify). Additional highlights include a 3-car attached garage, leased solar system, tile roof, plantation shutters, horse property zoning, no HOA, no Mello-Roos, and convenient access to shopping, dining, schools, and major commuter routes while enjoying the peaceful rural atmosphere that makes Woodcrest one of Riverside's most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,210 | 1,723 |
| Lot Size | 38,333 | 8,712 |
| Price | $1.15M | $676.0K |
| Price per sq ft | $358 | $395 |
| Built year | 1990 | 1977 |
| HOA | $0 | $125 |
| Days on market | 8 | 58 |
Jul 14, 2026
$1,150,000
Initial Listing
Apr 29, 2024
$980,000
Public Record
Aug 3, 2001
$385,000
Public Record
Sep 29, 1995
$7,500
Public Record