1766 Park Place, Riverside, California 92501, Riverside, 92501 - 3 bed, 3 bath
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Riverside, California 92501
This Modern Turnkey Single Family Residence is a Strong Value Opportunity, listed at $609,000—positioned well below the $631,136 Fair Market Value by 3%. This valuation gap offers $22,136 in Instant Equity for the buyer. Featuring a 2023 build date and an Excellent Condition Rating, this home includes a spacious open floor plan and a private patio. Located near top-rated schools like John W. North High, it is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1766 Park Place Subject | $609,000* List Price | 3 | 3 | 1,829 | $345 | - |
A 1810 Park Place Ln. Sold | $615,000 | 3 | 3 | 1,829 | $336 | 0.0 mi |
B 1796 Park Place Lane Sold | $605,000 | 3 | 3 | 1,829 | $331 | 0.0 mi |
C 3738 Springmount St Sold | $550,000 | 3 | 3 | 1,586 | $347 | 0.8 mi |
D 1927 Kenton Sold | $525,000 | 3 | 3 | 1,384 | $379 | 0.5 mi |
E 1864 Siena Court Active | $569,999 List Price | 3 | 3 | 1,660 | $343 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and less than 10 years old. It features a modern kitchen with white shaker cabinets and stone countertops, contemporary bathrooms, and brand-new systems (HVAC/Electric) requiring no maintenance.
Built in 2023, this nearly-new home offers contemporary finishes, an open-concept layout, and move-in ready convenience, eliminating the need for immediate renovations or repairs.
The property is situated within a quiet gated community, providing residents with enhanced privacy, security, and a well-maintained neighborhood environment.
The layout includes a separate formal sitting room that functions perfectly as a home office or flex space, catering to modern work-from-home needs.
The home comes with a solar panel lease that the buyer must assume, which adds a fixed monthly financial obligation and may complicate the mortgage qualification process.
With a lot size of only 2,770 square feet, the outdoor area is restricted to a small patio, which may not appeal to buyers seeking a traditional backyard or garden.
Welcome to this beautiful move-in ready home located in a quiet gated community! Perfect for first-time home buyers, this well-maintained 3-bedroom, 2.5-bath home offers a spacious open floor plan designed for comfortable living and entertaining. The kitchen overlooks the living room, creating the perfect space to gather with family and friends. Enjoy an additional separate formal sitting room that can be used as a lounge, office, or flex space. All bedrooms are conveniently located upstairs, along with the laundry area for added convenience. The spacious primary suite features a large walk-in closet and plenty of room to relax and unwind. Step outside to a cozy private patio, perfect for morning coffee or evening relaxation. Additional highlights include a 2-car garage, great natural light, and pride of ownership throughout. This home is in great condition and truly ready for you to move in and make it your own. Easy access to fwys. Come see it for yourself — this one won’t last! Theis house has solar panels on a lease, buyer to assume the lease.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,829 | 1,374 | 70% |
| Lot Size | 2,770 | 7,405 | 13% |
| Price | $609.0K | $559.2K | 63% |
| Price per sq ft | $333 | $410 | 30% |
| Built year | 2023 | 1957 | 93% |
| HOA | $165.65 | $0 | 89% |
| Days on market | 9 | 176 | 2% |
May 28, 2026
$609,000
Initial Listing
Jul 27, 2023
$520,000
Public Record