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17234 Gamble Avenue, Riverside, California 92504, Riverside, 92504 - 5 bed, 4 bath

17234 Gamble Avenue, Riverside, California 92504 home-pic-0
ACTIVE$999,000
17234 Gamble Avenue, Riverside, California 92504
5Beds
4Baths
4,142Sqft
87,120Lot

Price Vs. Estimate

The estimated value ($998,835.525) is $164.475 (0%) lower than the list price ($999,000). 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 = 87120, living area = 4142.
Top Cons:
Potential for System Updates: As a 1994 build, key systems such as HVAC (no explicit mention of AC), roof, or plumbing may be original or nearing end-of-life, potentially requiring future capital expenditure.

Compared to the nearby listings

Price:$999.0K vs avg $630.0K (+$369,000)79%
Size:4,142 sqft vs avg 1,594.5 sqft90%
Price/sqft:$241 vs avg $4121%

More Insights

Built in 1994 (31 years old).
Condition: Built in 1994, this property is well-maintained but shows signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features original custom dark wood cabinets and tile countertops, which are functional but reflect a 90s aesthetic. While some appliances appear updated (stainless steel dishwasher and double oven), the overall style is not modern. Bathrooms also feature older tile work and fixtures. Flooring throughout includes dated large square tiles and some worn carpeting. The property is move-in ready and structurally sound, but would benefit from significant cosmetic updates to meet current buyer preferences, aligning it with the 'Fair' condition criteria.
Year Built
1994
Close
-
List price
$999K
Original List price
$1.15M
Price/Sqft
$241
HOA
-
Days on market
-
Sold On
-
MLS number
IV25161749
Home ConditionFair
Features
Excellent View: City Lights, Hills, Mountain(s)
Deck
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Custom home on 2 ACRES in WOODCREST! This custom-built 5 Bedroom, 3 Bath estate is nestled in the heart of Woodcrest. This property offers privacy, panoramic views from TWO balconies & a lavish master SUITE. The large KITCHEN features custom cabinets, an island with built-in sink and plenty of storage for a clutter-free home. The living room features a wet bar with a prep sink. The abundant natural light and vaulted ceilings create an inviting atmosphere featuring TWO cozy fireplaces. A convenient downstairs bedroom and full bath make multigenerational living possible. The regal staircase leads to FOUR bedrooms upstairs. Double doors open to a primary suite with a private balcony and breathtaking views of the backyard. The luxurious ensuite bathroom features a large walk-in closet and soaking tub with separate shower. Two bedrooms share a Jack-and-Jill bath with double sinks. A spacious balcony overlooking the front yard connects two of the bedrooms. Includes custom chicken coops, an area for horse keeping with water nearby and a variety of mature FRUIT trees. The covered patio and BBQ ISLAND are perfect for entertaining. Plenty of space for a Workshop or RV/Boat storage. The agricultural zoning allows flexibility for equestrian & livestock uses. Plenty of space for ADU or 2nd Dwelling. Enjoy breathtaking sunset and mountain views in an area known for tranquility, open skies, and space to thrive. LOW property taxes, excellent schools, and easy access to all the essentials. This home can bring YOUR dreams to life. Schedule your private tour TODAY!

Condition Rating
Fair
Built in 1994, this property is well-maintained but shows signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features original custom dark wood cabinets and tile countertops, which are functional but reflect a 90s aesthetic. While some appliances appear updated (stainless steel dishwasher and double oven), the overall style is not modern. Bathrooms also feature older tile work and fixtures. Flooring throughout includes dated large square tiles and some worn carpeting. The property is move-in ready and structurally sound, but would benefit from significant cosmetic updates to meet current buyer preferences, aligning it with the 'Fair' condition criteria.
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 = 87120, living area = 4142.
Expansive Lot & Agricultural Zoning: The property boasts a generous 2-acre lot with agricultural zoning, offering unique flexibility for equestrian, livestock, ADU development, and ample RV/boat storage.
Breathtaking Panoramic Views: Enjoy stunning sunset and mountain views from multiple balconies, providing a serene and private living experience.
Multigenerational Living Potential: A thoughtfully designed layout includes a convenient downstairs bedroom and full bath, ideal for accommodating multigenerational families.
Custom Home with Entertainment Features: This custom-built residence features a large, well-appointed kitchen, wet bar, two fireplaces, a covered patio, and a BBQ island, perfect for hosting and relaxation.
Favorable Financial & Community Aspects: Benefits from low property taxes and access to excellent schools, contributing to long-term value and family appeal.

Cons

Potential for System Updates: As a 1994 build, key systems such as HVAC (no explicit mention of AC), roof, or plumbing may be original or nearing end-of-life, potentially requiring future capital expenditure.
History of Price Reductions: The property has undergone significant price reductions from its original listing, which could indicate market resistance or a need for further price adjustment to align with current market value.
Extensive Lot Maintenance: The large 2-acre lot, while offering space and privacy, will require considerable ongoing landscaping and property maintenance, which may not appeal to all buyers.

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