
Riverside, California 92506
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,235,023 Fair Market Value by 4%. This valuation gap provides $60,023 in Instant Equity. Featuring a Good Condition Rating with high-end interior renovations and panoramic mountain views, the property offers significant potential for land development across its 4-acre lot. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, modernized estate in the Woodcrest community.
Property is move-in ready.
Although built in 1980, the property has undergone significant high-end renovations. The kitchen features professional-grade stainless steel appliances and updated cabinetry, and the primary bathroom includes modern luxury fixtures like a ceiling-mounted tub-filler. The interior is move-in ready and well-maintained, though the exterior lot appears unfinished/unlandscaped, placing it firmly in the 'Good' category rather than 'Excellent'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 177289, living area = 3685.
Situated on over 4 acres across two parcels, this property offers rare privacy and significant potential for equestrian facilities, ADUs, or further land development in the Woodcrest community.
The 3,685 sq. ft. interior has been thoughtfully updated with high-end finishes, including a luxury primary suite with a ceiling-mounted tub filler, providing a contemporary and accessible living experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The massive 177,289 sq. ft. lot requires substantial ongoing effort and expense for landscaping, irrigation, and mandatory fire brush clearance.
While the interior is beautifully remodeled, the 1980 build date suggests that original major systems like the roof, plumbing, or electrical may eventually require costly updates.
Welcome to this stunning single-story home located in the highly desirable Woodcrest community of Riverside. Offering 5-bedrooms, 3-bathrooms, and 3,685 sq. ft. of living space, this beautifully upgraded property sits on an impressive 177,289 sq. ft. lot and it includes two parcels. The primary bathroom features a luxurious soaking tub with a striking ceiling-mounted tub-filler. Spacious, inviting, and thoughtfully updated throughout, this exceptional property offers the perfect blend of comfort, style, and space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 3,685 | 1,854.896 |
| Lot Size | 177,289 | 8,680.308 |
| Price | $1.18M | $698.4K |
| Price per sq ft | $319 | $380 |
| Built year | 1980 | 1982 |
| HOA | $0 | $156 |
| Days on market | 36 | 57 |
Sep 19, 2026
$1,175,000
Initial Listing
Jul 13, 2021
$900,000
Public Record
Sep 20, 1996
$154,000
Public Record
Dec 20, 1993
$38,000
Public Record