
Riverside, California 92504
This expansive estate in Mockingbird Canyon represents a Strong Value Opportunity, listed at $1,160,000—positioned well below the $1,250,878 Fair Market Value by 7%. This valuation gap provides $90,878 in Instant Equity. With a Condition Rating of 3, the property features owned solar, a saltwater pool, and a 6-car garage on a massive 1.06-acre lot. Its flexible, multi-generational floor plan is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, move-in ready residence in the Riverside Unified district.
Property is move-in ready.
Built in 2003, the property is 23 years old but remains in well-maintained, move-in ready condition. It features significant system upgrades including owned solar, dual-zone HVAC with supplemental mini-splits, and extensive drainage infrastructure. While the interior aesthetic is original to the early 2000s, the functional improvements and mint maintenance of the grounds and systems elevate it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46174, living area = 3869.
The property features over an acre of gated grounds equipped with a saltwater pool, basketball court, and a 6-car garage, offering unparalleled space for recreation and storage.
With three bedrooms and three bathrooms conveniently located on the first floor, the layout is exceptionally well-suited for multi-generational families or those requiring accessible living spaces.
The vast 1.06-acre lot, mature landscaping, and saltwater pool necessitate a substantial ongoing budget for professional upkeep and landscaping services.
While the home features extensive infrastructure improvements, the 2003 construction date suggests that some interior finishes may require updating to meet modern luxury aesthetic standards.
In Riverside's Mockingbird Canyon, this 5-bedroom, 5-bathroom estate offers a rare combination of privacy, usable land, and extensive improvements designed for both everyday living and entertaining. More than an acre of fully gated grounds features mature landscaping, expansive lawns, terraced gardens, and outdoor amenities including a covered patio with built-in BBQ, saltwater pool, basketball court, RV access and parking on both sides of the property, and a 6-car garage with epoxy flooring and direct backyard access. Inside, the flexible floor plan is well suited for multi-generational living, with 3 bedrooms and 3 bathrooms located on the first level. The primary suite (upstairs) includes a fireplace, sitting area, dual walk-in closets, and a private bath with separate tub and shower. An office, loft, custom sunroom, bathroom (with pool-access), and multiple living areas provide space for work, recreation, extended family, and guests. Large windows, high ceilings, dual-zone HVAC, supplemental mini-split systems, and two fireplaces enhance comfort throughout. Additional features include owned solar, extensive infrastructure improvements including drainage systems, and ADU potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 3,869 | 1,471 | 91% |
| Lot Size | 46,174 | 8,276 | 83% |
| Price | $1.16M | $619.0K | 88% |
| Price per sq ft | $300 | $424 | 8% |
| Built year | 2003 | 1961 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 152 | 1% |
Jun 6, 2026
$1,160,000
Initial Listing
Aug 1, 2003
$517,500
Public Record