17347 Northlake, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This Single Family Residence represents a Strong Value Opportunity, listed at $835,000—positioned well below the $936,348 Fair Market Value by 10%. This valuation gap provides $101,348 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a resort-style backyard with a pool and spa, plus a versatile floor plan with a downstairs bedroom. Ideally suited for Owner-Occupants or growing families, this property balances immediate lifestyle appeal with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17347 Northlake Subject | $835,000* List Price | 4 | 3 | 2,627 | $356 | - |
A 16668 Lake Knoll Sold | $745,000 | 4 | 3 | 2,261 | $330 | 0.2 mi |
B 17122 Broken Rock Court Sold | $875,000 | 4 | 4 | 3,045 | $287 | 0.7 mi |
C 16455 Lake Knoll Parkway Sold | $1,050,000 | 4 | 3 | 2,627 | $400 | 0.3 mi |
D 17094 Noble View Sold | $842,999 | 4 | 2 | 2,754 | $306 | 0.5 mi |
E 16701 Lake Knoll Parkway Active | $929,900 List Price | 4 | 3 | 2,260 | $411 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987, the home is well-maintained and move-in ready with significant system updates including a newer AC unit and water heater. While the kitchen and primary bath feature dated oak cabinetry and tile countertops, the flooring has been updated throughout and the property shows no signs of neglect.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2627.
The property features an expansive 12,632 sqft lot equipped with a sparkling pool, hot tub, RV access, and mature fruit trees, offering a premium outdoor entertainment space.
The 2,627 sqft layout includes a highly desirable downstairs bedroom and full bathroom, providing essential flexibility for guests or multi-generational living arrangements.
Built in 1987, the home may require additional capital investment for cosmetic modernizations in the kitchen and bathrooms to align with contemporary luxury standards.
While the elementary school is highly rated (8/10), the assigned middle and high schools have lower ratings (5/10 and 6/10), which may concern education-focused buyers.
**POOL HOME** 17347 North Lake St is located in the highly desirable hillside community of Lake Hills and offers the perfect combination of space, comfort, and outdoor living. This beautifully maintained home features a resort-style backyard with a sparkling pool, relaxing hot tub, RV access, a large driveway, mature landscaping, multiple fruit trees, and an additional covered patio area ideal for entertaining or enjoying Southern California evenings. Inside, the home offers a functional and versatile floor plan with updated flooring throughout, There are 5 bedrooms. One bedroom and one bathroom are conveniently located downstairs, making it ideal for guests or multigenerational living. The spacious primary suite features a walk-in closet and private balcony overlooking the neighborhood. Additional features include handcrafted wood stairs, dual pane windows, a 3-car garage, indoor laundry room, newer AC unit, newer water heater, and included appliances including washer and dryer. Residents of Lake Hills enjoy access to multiple neighborhood parks featuring basketball courts, volleyball courts, playgrounds, scenic walking areas, and beautiful hillside views throughout the community. This is a rare opportunity to own a well-cared-for home in one of Riverside’s most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,627 | 1,639 | 75% |
| Lot Size | 12,632 | 7,841 | 77% |
| Price | $835.0K | $665.0K | 75% |
| Price per sq ft | $318 | $392 | 20% |
| Built year | 1987 | 1983 | 55% |
| HOA | $109.0 | $0 | 73% |
| Days on market | 0 | 149 | 2% |
May 27, 2026
$835,000
Initial Listing