17292 Bali, Riverside, California 92504, Riverside, 92504 - 4 bed, 3 bath
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Riverside, California 92504
This Multi-Generational Estate represents a High-Potential Investment Opportunity, listed at $1,498,999—positioned above the $1,354,729 Fair Market Value. While priced at a premium, the property offers unmatched utility through its detached two-story living units and 6-car garage facilities. With a Fair Condition Rating and nearly one acre of land, the estate provides significant income potential and versatility. The resort-style grounds, including a pool and spa, enhance the lifestyle appeal. This unique asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a private, income-generating compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17292 Bali Subject | $1,498,999* List Price | 4 | 3 | 4,557 | $297 | - |
A 17492 Mariposa Avenue Sold | $1,089,000 | 4 | 4 | 4,213 | $258 | 0.4 mi |
B 17509 Fairbreeze Court Sold | $1,450,000 | 4 | 4 | 4,000 | $363 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old and falls into the 'Fair' category based on age (>20y). While the estate is exceptionally well-maintained and functional, the interior features original 2000s-era finishes, including white square floor tiles and dated cabinetry in the kitchen and bathrooms, which would require cosmetic updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42689, living area = 4557.
The property features a unique detached two-story building with two separate living units (a 1-bedroom and a 2-bedroom), providing exceptional versatility for rental income, guest housing, or multi-generational living.
Designed for collectors or contractors, the estate includes a 6-car garage with 20-foot ceilings, a car lift, RV extensions, and a separate aluminum RV garage, offering unparalleled storage and workshop capabilities.
With three separate living units, extensive specialized garage equipment, and a large landscaped lot, the ongoing maintenance costs and management effort are significantly higher than a standard residential property.
The highly specialized nature of the oversized workshop and multiple detached structures may limit the buyer pool to a specific demographic, potentially requiring a longer marketing period to find the right buyer.
Exceptional gated estate on nearly one acre offering luxury living, unmatched versatility, and outstanding income potential! Tucked away at the end of a private cul-de-sac, this rare single-story ranch-style property is ideal for multi-generational living, rental income, a home business, or a private family compound. The main residence features 4 bedrooms, 3 bathrooms, a separate living room, formal dining room, and an open-concept kitchen overlooking the family room with stunning views of the resort-style backyard. Enjoy the sparkling pool, spa, rock slide, and beautifully landscaped grounds from nearly every room, creating the perfect setting for relaxing or entertaining. One of the property's most desirable features is the detached two-story building featuring two detached living units. The lower-level unit offers 1 bedroom, 1 bathroom, a spacious open floor plan, large kitchen, walk-in pantry, and comfortable living area. The upper-level unit, accessed by a private exterior staircase, features 2 bedrooms, 1 bathroom, recessed lighting, a large kitchen open to the living room, electric stove, and beautiful garden views. These versatile living spaces are ideal for extended family, guests, a home office, or potential rental income, offering endless possibilities to fit your lifestyle. Car collectors, RV owners, contractors, and hobbyists will appreciate the property's 6-car garage capacity, which includes three oversized garage bays with 20-foot ceilings, three 16-foot doors, a pull-through bay, car lift with RV extension, an 80-gallon air compressor, electrical and water access, ventilation, and workshop space. A separate aluminum RV garage provides even more storage for recreational vehicles, boats, or additional equipment. The gated property also offers remote-controlled entry, two separate driveways, exceptional privacy, and a secluded yet convenient location. Properties offering this combination of luxury, privacy, multiple living units, exceptional garage space, and income potential are incredibly rare. Whether you're looking for space to accommodate extended family, create a private compound, or enjoy the flexibility of additional living quarters, this extraordinary estate offers endless possibilities. Schedule your private showing today before this one-of-a-kind property is gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 4,557 | 1,723 |
| Lot Size | 42,689 | 8,712 |
| Price | $1.50M | $676.0K |
| Price per sq ft | $329 | $395 |
| Built year | 2001 | 1977 |
| HOA | $0 | $125 |
| Days on market | 20 | 58 |
Jul 2, 2026
$1,498,999
Initial Listing
Jan 11, 2011
$485,000
Public Record
Jan 19, 2000
$23,500
Public Record