18165 Mariposa, Riverside, California 92508, Riverside, 92508 - 5 bed, 2 bath

18165 Mariposa, Riverside, California 92508 home-pic-0
ACTIVE$869,999$2,038/sqft
Est. Value: $872,556
%
FairlyEstimate
18165 Mariposa, Riverside, California 92508
5Beds
2Baths
2,038Sqft
40,075Lot

Price Vs. Estimate

The estimated value ($872,556.24) is $2,557.24 (0%) lower than the list price ($869,999). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40075, living area = 2038.
Top Cons:
Age of Main Structure: Built in 1979, the main house's core systems (e.g., plumbing, electrical, HVAC) may be original or require significant updates beyond the cosmetic ones mentioned, potentially leading to future costs.

Compared to the nearby listings

Price:$870.0K vs avg $758.8K (+$111,239.5)79%
Size:2,038 sqft vs avg 2,557.5 sqft24%
Price/sqft:$427 vs avg $30690%

More Insights

Built in 1979 (47 years old).
Condition: Built in 1979, this property has undergone extensive and tasteful renovations, particularly in the kitchen and bathrooms, which feature modern white cabinetry, black quartz/granite countertops, stainless steel appliances, and updated fixtures and tiling. The flooring is a mix of modern dark laminate, patterned tile, and well-maintained carpet. While the original structure is older, the significant upgrades throughout both the main house and the ADU make it move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.
Year Built
1979
Close
-
List price
$870K
Original List price
$870K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
IV26008194
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)

About this home

Single-story ranch-style estate set on nearly one acre, featuring a separate 1-bedroom, 1-bath ADU generating approximately $2,000 per month in rental income. The main house is five-bedroom, two-bath 2,038sf, the detached ADU is approximately 725sf one-bedroom, one-bath. The property includes a three-car garage and has been meticulously maintained with tasteful upgrades throughout. The updated kitchen offers crisp white cabinetry, black quartz countertops, stainless steel appliances, and a breakfast bar that opens seamlessly to the family room, highlighted by rich dark laminate flooring and a striking dual-sided fireplace. Adjacent living and dining areas provide generous space for entertaining, enhanced by recessed lighting and refined finishes. The primary suite serves as a private retreat with direct backyard access and an upgraded en-suite bath featuring dual sinks, granite countertops, modern fixtures, and a walk-in tiled shower. Ample hallway storage and a thoughtfully designed floor plan add to the home’s everyday functionality. The detached ADU has been tastefully upgraded and includes a kitchenette, living area, laundry space, mini-split air conditioning, one bedroom, and one bathroom. With its own entrance and dedicated parking, the ADU is ideal for extended family or rental income. The expansive backyard offers an RV-access entrance and ample room for a pool, garden, RV garage, barn, stables, or additional structures. Outdoor amenities include a large covered concrete patio with lighting, manicured lawn areas, block and wrought-iron fencing, multiple storage sheds, and abundant open space. Zoned for animals and located within a desirable school district, this property offers endless possibilities for horses, livestock, recreational vehicles, and more. A rare opportunity to own a beautifully upgraded ranch-style home with income potential and nearly an acre of usable land—this property will not last.

A
ALEX ODDO
Listing Agent

Price History

Date
Event
Price
12/03/19
Sold
$563,000
01/30/13
Sold
$249,500
11/22/04
Sold
$555,000
Condition Rating
Good

Built in 1979, this property has undergone extensive and tasteful renovations, particularly in the kitchen and bathrooms, which feature modern white cabinetry, black quartz/granite countertops, stainless steel appliances, and updated fixtures and tiling. The flooring is a mix of modern dark laminate, patterned tile, and well-maintained carpet. While the original structure is older, the significant upgrades throughout both the main house and the ADU make it move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40075, living area = 2038.
Income-Generating ADU: The property includes a separate 1-bedroom, 1-bath ADU generating approximately $2,000 per month in rental income, offering significant financial benefit or flexible living arrangements.
Expansive & Versatile Lot: Set on nearly one acre (40,075 sqft) with RV access and zoned for animals, the lot offers immense potential for a pool, garden, RV garage, barn, stables, or additional structures.
Extensive Upgrades & Meticulous Maintenance: Both the main house and ADU have been tastefully upgraded and meticulously maintained, featuring an updated kitchen, primary suite, and refined finishes, suggesting move-in readiness.
Spacious Main Residence: The main house is a 5-bedroom, 2-bath, 2,038 sqft single-story ranch-style home, providing ample living space and a functional layout for larger families.
Desirable Features & Location: Includes a three-car garage, offers views of hills and mountains, and is situated within a desirable school district, enhancing its overall appeal.

Cons

Age of Main Structure: Built in 1979, the main house's core systems (e.g., plumbing, electrical, HVAC) may be original or require significant updates beyond the cosmetic ones mentioned, potentially leading to future costs.
Unspecified Cooling System for Main House: While the ADU has mini-split air conditioning, the description for the main house does not explicitly mention a cooling system, which could be a significant drawback in Riverside's hot climate.
High Maintenance for Expansive Lot: The nearly one-acre lot, while offering great potential, will require substantial ongoing maintenance, landscaping, and water costs, which could be a burden for some buyers.
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