
Riverside, California 92503
Analysis of 17301 Palm, Riverside, California 92503 is currently available with a list price of $1,098,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1972, this 54-year-old property has been maintained with some updates, including stone countertops, white cabinetry, and recent paint, preventing a 'poor' or 'tear-down' rating. However, the bathroom tile and overall architectural style are dated (15-30 year old renovation style), and the outbuildings show signs of age, requiring minor repairs and modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2920.
The property features two separate residences, including a move-in-ready main home and a private 1-bedroom guest house, offering excellent potential for multi-generational living or rental income.
Spanning 5 acres of usable land, the estate is fully equipped for equestrian enthusiasts with animal stables, a 6-car garage, and ample space for RVs and heavy equipment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2920, other record living area = 2000. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1972, the home may require updates to its original infrastructure or systems to meet modern energy efficiency and contemporary design standards.
Managing a 5-acre lot with multiple structures and animal facilities requires a significant commitment of time and financial resources for ongoing upkeep and landscaping.
Rare 5-Acre Ranch Retreat with Two Homes & Stunning Downtown Riverside Views, Just Moments from Lake Mathews!! Welcome to 17301 Palm Rd., an incredible opportunity to own a versatile 5-acre estate designed for country living with modern convenience. Whether you're looking for a family compound, equestrian property, or investment opportunity, this one has it all. The move-in-ready main residence features 3 bedrooms, 2 bathrooms, a spacious primary suite, three inviting living areas, a bar room, and a charming central courtyard perfect for entertaining. Recently painted, the home also offers breathtaking panoramic views of Downtown Riverside, creating the perfect backdrop for everyday living. Outside, you'll find a 6-car garage, built-in BBQ area, and beautifully maintained grounds with portions of the landscaping on an automatic sprinkler system. Adding even more value, the second home features 1 bedroom, 1 bathroom, and its own private driveway—ideal for extended family, guests, or rental income. Built for ranch and equestrian enthusiasts, the property includes horse and animal stables, expansive usable land, and plenty of room for RVs, trailers, equipment, additional vehicles, or future improvements. The possibilities are endless. Properties offering this much land, flexibility, and breathtaking views are hard to find. Experience the freedom of country living while staying just minutes from shopping, dining, and freeway access. Come see everything this exceptional 5-acre estate has to offer!
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 | 2,920 | 1,723 |
| Lot Size | 217,800 | 8,712 |
| Price | $1.10M | $676.0K |
| Price per sq ft | $376 | $395 |
| Built year | 1972 | 1977 |
| HOA | $0 | $125 |
| Days on market | 3 | 58 |
Jul 19, 2026
$1,098,000
Initial Listing