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17289 Mariposa Avenue, Riverside, California 92504, Riverside, 92504 - 4 bed, 3 bath

17289 Mariposa Avenue, Riverside, California 92504 home-pic-0
ACTIVE UNDER CONTRACT$1,799,000
17289 Mariposa Avenue, Riverside, California 92504
4Beds
3Baths
2,836Sqft
96,703Lot

Price Vs. Estimate

The estimated value ($1,469,429.485) is $329,570.515 (18%) lower than the list price ($1,799,000). 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 = 96703, living area = 2836.
Top Cons:
Extensive Maintenance Requirements: The property's vast size and numerous high-end features, including 2.22 acres, a large workshop, pool, spa, and mature fruit trees, will necessitate significant ongoing maintenance and upkeep.

Compared to the nearby listings

Price:$1.80M vs avg $630.0K (+$1,169,000)95%
Size:2,836 sqft vs avg 1,594.5 sqft80%
Price/sqft:$634 vs avg $41298%

More Insights

Built in 1988 (37 years old).
Condition: Despite being built in 1988, this property is described as 'TURN KEY MOVE-IN READY' and shows evidence of significant updates and meticulous maintenance. The description highlights updated major systems including zoned HVAC, solar panels, updated water heater, and pool equipment, along with a full security system. The kitchen features granite countertops, recessed lighting, and modern stainless steel appliances (hood), though the wood cabinetry is more traditional. The overall interior appears clean and well-maintained with good quality flooring. The exterior boasts a luxurious, resort-style backyard with a swim-up gazebo, outdoor kitchen, and fire pit, indicating substantial recent investment. While not a brand-new build or a full renovation within the last 5 years, the extensive updates and excellent condition of major systems and amenities place it firmly in the 'Good' category, requiring no immediate renovations and offering a high quality of living.
Year Built
1988
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$634
HOA
-
Days on market
-
Sold On
-
MLS number
OC25215520
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Deck
Pool
Spa
Patio
ViewHills, Mountain(s)

About this home

HOME FOR THE HOLIDAY'S! Woodcrest Community! 2.22 ACRES! TURN KEY MOVE-IN READY! 3 BAY WORKSHOP, PRIVATE,DOWNSTAIRS BEDROOM! NO MELLO ROOS & NO HOA! HORSE PROPERTY! Includes 2 parcels connected totaling approx.2.22 acres(˜96,703 sq ft) each with its own driveway & 2 private entrances & ideal for seamless pull-through access for trailers, RVs, & equipment. Steel workshop is approx 2,400 sq ft(40’ x 60’) Industrial roll-up doors,bathroom,Wheel Vehicle Lift, 2 Car Moveable Ramp Lift, Power Ready for High AMP welders; ect. Bring your boats, RVs trailers, trucks, & horses.Highlights:2 Driveways,Easy Maneuverability for Trucks,Trailers,RVs,& Boats. Horse property, Attached 3-car garage w/ direct access.Detached 2-car garage w/ a/c w/ ADU potential. Expand w/ included blueprints for future addition on the lower parcel & available to expand the main residence into a custom estate. Enter through the front doors & are welcomed by a stunning, custom-built 700+gallon saltwater aquarium, true showpiece & it's architecturally designed, easy to maintain, tank & dedicated sump room located in the attached garage. Enjoy the life at the bar; perfect space to relax & enjoy. The home features 4 bedrooms & 3 full bathrooms, including a downstairs bedroom & flexible dining area; both ideal for a home office, gym, or creative workspace. The open-concept kitchen & great room flow effortlessly through bi-fold sliding doors to the covered patio, pool, and spa. The primary suite includes a private balcony w/ views of the pool and breathtaking sunsets.The resort-style backyard includes a swim-up gazebo w/ professional-grade built-in smoker, flat-top grill, BBQ combo, kitchenette, Bluetooth sound system, outdoor speakers, in-water stools,ideal for relaxing,& hosting guests. Zoned HVAC w/ dual thermostats, solar panels, updated water heater & pool equipment, full security system w/ the cameras, septic, sump pump, & sprinkler system. The blueprints are designed to build an additional home on the 2nd parcel or transform the existing home into a luxury estate. Mature citrus & fruit trees approx 1500 fsq. ft. Recent inspections cleared:termite & work completed w/ paint & septic. Schools, stores, hardware store, gas stations nearby. Move in before the holidays & make this extraordinary property your own. A rare estate combining beauty, privacy, and versatility,move-in ready yet designed to grow with your vision. Make this extraordinary private Woodcrest property your home for the holidays.

Condition Rating
Good
Despite being built in 1988, this property is described as 'TURN KEY MOVE-IN READY' and shows evidence of significant updates and meticulous maintenance. The description highlights updated major systems including zoned HVAC, solar panels, updated water heater, and pool equipment, along with a full security system. The kitchen features granite countertops, recessed lighting, and modern stainless steel appliances (hood), though the wood cabinetry is more traditional. The overall interior appears clean and well-maintained with good quality flooring. The exterior boasts a luxurious, resort-style backyard with a swim-up gazebo, outdoor kitchen, and fire pit, indicating substantial recent investment. While not a brand-new build or a full renovation within the last 5 years, the extensive updates and excellent condition of major systems and amenities place it firmly in the 'Good' category, requiring no immediate renovations and offering a high quality of living.
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 = 96703, living area = 2836.
Expansive & Versatile Acreage: Comprising 2.22 acres across two parcels with two private entrances, this property offers exceptional space for horses, RVs, trailers, and equipment, providing unparalleled versatility and privacy.
Exceptional Workshop & Garage Facilities: Features a 2,400 sq ft steel workshop with industrial amenities (vehicle lifts, high AMP power), an attached 3-car garage, and a detached 2-car garage with AC and ADU potential, catering to serious hobbyists or business needs.
Significant Development & Income Potential: Includes blueprints for building an additional home on the second parcel or expanding the main residence into a custom estate, alongside ADU potential, offering substantial future value and income opportunities.
Luxurious Resort-Style Outdoor Living: The backyard boasts a resort-style pool, spa, swim-up gazebo with a professional-grade outdoor kitchen (smoker, grill, kitchenette), and a Bluetooth sound system, ideal for high-end entertaining.
Cost-Saving & Modernized Systems: Benefits from no Mello Roos or HOA fees, solar panels, zoned HVAC, updated water heater and pool equipment, and a full security system, ensuring lower operating costs and modern comfort.

Cons

Extensive Maintenance Requirements: The property's vast size and numerous high-end features, including 2.22 acres, a large workshop, pool, spa, and mature fruit trees, will necessitate significant ongoing maintenance and upkeep.
Septic System Reliance: While recently inspected and cleared, the reliance on a septic system rather than municipal sewer can be perceived as a potential long-term maintenance concern or limitation for some buyers.
Niche Market Appeal: The specialized features such as horse property zoning and a large industrial workshop, while strong assets for specific buyers, may narrow the overall pool of potential purchasers who do not require or desire these amenities.

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