
Perris, California 92571
This Spacious Value-Add Residence is listed at $588,000, currently positioned above the $494,225 Fair Market Value. Holding a Condition Score of 4, the home requires cosmetic "TLC," presenting a strategic opportunity for forced appreciation within the Villages of Avalon. The expansive 2,619 sqft layout features a downstairs bedroom, loft, and rear patio, catering to the space requirements of the Perris Union High District. Located near Lake Perris with access to community pools, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through targeted interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1752 Campanella Subject | $578,000* List Price | 4 | 3 | 2,619 | $191 | - |
A 1979 Mount Verdugo Lane Sold | $542,500 | 5 | 3 | 2,513 | $216 | 0.2 mi |
B 3902 Bluff Sold | $550,000 | 4 | 3 | 2,111 | $261 | 0.8 mi |
C 3360 Hammock Street Sold | $540,000 | 4 | 3 | 2,375 | $227 | 0.3 mi |
D 1886 Mount Verdugo Lane Sold | $565,000 | 4 | 3 | 2,731 | $207 | 0.2 mi |
E 3688 Alhambra Lane Sold | $450,000 | 4 | 3 | 2,181 | $206 | 0.5 mi |
F 3272 Mariposa Sold | $549,999 | 4 | 3 | 2,007 | $274 | 0.9 mi |
G 3525 Cromwell Court Active | $560,000 List Price | 4 | 3 | 2,445 | $229 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 21-year-old home is at the age where major systems and cosmetic finishes begin to show wear. The listing explicitly states the property 'needs a little TLC,' and the images confirm original builder-grade cabinetry, tile, and fixtures that appear dated. While functional and lived-in, the home requires minor updates such as new carpet, interior paint, and modernizing of the kitchen and bathrooms to meet current market standards.
With 2,619 square feet including four bedrooms, a bonus room, and a loft, this home provides ample space and flexibility for a home office, gym, or large family.
The inclusion of a downstairs bedroom and full bathroom is a highly sought-after feature that accommodates multi-generational living or guest privacy.
Located in the Villages of Avalon, residents enjoy access to a community pool, spa, and parks for a relatively low monthly association fee of $109.
The listing explicitly mentions the home needs 'TLC,' suggesting that buyers will need to invest additional capital into cosmetic or functional repairs immediately.
Multiple price reductions from the original $610,000 asking price to $588,000 may indicate difficulty in securing a buyer at previous valuations.
Despite its proximity to Lake Perris, the property is noted as having no specific views, which may limit its competitive edge against neighboring homes with vistas.
This Beautiful Villages of Avalon Home near Lake Perris. This 4 Bedroom, 3 Bath home with bonus room and loft features formal living/dining room, open kitchen and family room with fireplace, downstairs bedroom and bath. The interior has laminate floor downstairs. Front and back landscaping and rear patio. House needs a little TLC. Association comes with Pool, SPA, and Parks. Close to schools, shopping and easy access to freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,619 | 2,128 | 80% |
| Lot Size | 5,227 | 6,526 | 38% |
| Price | $578.0K | $575.0K | 51% |
| Price per sq ft | $221 | $276 | 16% |
| Built year | 2004 | 2005 | 47% |
| HOA | $109.0 | $0 | 90% |
| Days on market | 113 | 184 | 19% |
Mar 30, 2026
$578,000
$588,000
-2% Price Drop
Initial Listing
Feb 17, 2026
$588,000
$595,000
-1% Price Drop
Initial Listing
Feb 1, 2026
$595,000
$610,000
-2% Price Drop
Initial Listing
Dec 30, 2025
$610,000
Initial Listing
Oct 27, 2010
$177,000
Public Record
Jun 18, 2004
$292,000
Public Record