17262 Carrotwood, Riverside, California 92503, Riverside, 92503 - 5 bed, 4 bath

17262 Carrotwood, Riverside, California 92503 home-pic-0

17262 Carrotwood

Riverside, California 92503

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,156Sq Ft
11,326Lot Size

Property Price

LIST PRICE$965,000
EST. MARKET VALUE
$1,011,649
4% BelowMARKET VALUE

SUMMARY

Analysis of 17262 Carrotwood, Riverside, California 92503 reveals a Prime Investment Opportunity with a current list price of $965,000—significantly undercutting the $1,011,649 Fair Market Value by 4%. This valuation gap indicates a +$46,649 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,011,649 +$46,649 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
17262 Carrotwood
Subject
$965,000*
List Price
543,156$321-
A
12656 Avocado
Sold
$825,000533,142$2630.8 mi
B
17733 Willow Drive
Sold
$860,000433,318$2590.8 mi
C
18180 Lakepointe Drive
Sold
$785,000432,059$3810.8 mi
D
17877 Orangewood Lane
Sold
$825,000532,854$2890.7 mi
E
12032 Brianwood
Pending
$799,000
List Price
322,505$3190.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 2007, the property has been extensively renovated within the last 5 years, featuring a remodeled kitchen and bathrooms, high-end hardwood flooring throughout, and premium finishes. The home is in turnkey condition with modern amenities including a theater room, pool, and spa, meeting the highest quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Outdoor Entertainment Oasis

    The property features a private backyard retreat with a sparkling pool, spa, and upgraded landscaping, ideal for hosting gatherings or peaceful relaxation.

  • Versatile Multigenerational Layout

    A rare downstairs bedroom with a private bath offers the perfect setup for guests or extended family, complemented by a large upstairs bonus room currently used as a theater.

  • Premium Turnkey Upgrades

    This meticulously maintained home boasts high-end finishes, including a remodeled kitchen and bathrooms, plus rich hardwood flooring throughout both levels.

CONSRISKS & DEFICIENCIES

  • Association Obligations

    Being located in the prestigious Victoria Grove gated community requires a monthly HOA fee and adherence to specific neighborhood CC&R regulations.

  • Ongoing Maintenance Costs

    The large 11,326 sqft lot and private pool/spa facilities will necessitate consistent upkeep and higher utility/maintenance expenses for the homeowner.

About 17262 Carrotwood

Luxury Living| Victoria Grove| Downstairs Bedroom with Private Bath| POOL & SPA. ~ Welcome to an exceptional residence tucked away on a coveted cul-de-sac in the prestigious, gated community of Victoria Grove. From the moment you arrive, this beautifully appointed home captivates with its commanding presence, grand entry, and timeless elegance. Offering 4 bedrooms, 3.5 baths, plus a spacious bonus room, this thoughtfully designed floor plan delivers both sophistication and comfort. Soaring ceilings, abundant natural light, and an open, airy layout create an inviting atmosphere ideal for both everyday living and entertaining on a grand scale. The heart of the home showcases **rich hardwood flooring throughout—including the bedrooms—**paired with tasteful, high-end finishes that elevate every space. The remodeled kitchen and bathrooms reflect refined style and functionality, seamlessly blending beauty with modern convenience. A private downstairs bedroom with its own bath provides the perfect retreat for guests or multigenerational living, while the expansive upstairs **bonus room—currently styled as a theater—**offers endless flexibility for movie nights, game days, or a media lounge. Designed with entertaining in mind, the backyard is a true extension of the home, featuring a sparkling pool and spa, upgraded landscaping, and inviting outdoor spaces ideal for hosting gatherings or enjoying peaceful evenings under the stars. Interior and exterior rock wall accents further enhance the home’s distinctive character and curb appeal. This turnkey, meticulously maintained home effortlessly meets the needs of today’s discerning buyer, offering space, style, and an elevated lifestyle in one of Victoria Grove’s most desirable neighborhoods—close to parks, community amenities, and top-rated schools. A rare opportunity to own in the "wood streets" beautifully upgraded, move-in-ready home where elegance, comfort, and location come together seamlessly.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
11,326 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$180.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
80%
Baths4.03.0
84%
Square foot3,1561,759
82%
Lot Size11,3267,841
76%
Price$965.0K$680.0K
86%
Price per sq ft$306$383
23%
Built year20071986
81%
HOA$180.0$0
78%
Days on market63184
6%

Pricing History

Listed for Sale

Jan 3, 2026

$965,000

Initial Listing

Sold

Jun 12, 2014

$420,000

Public Record

Sold

Jan 10, 2008

$445,500

Public Record

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