
Riverside, California 92504
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned above the $1,066,126 Fair Market Value by 3%. While the price reflects a premium, the 4,405 sqft floor plan on a 1.26-acre lot provides significant upside for forced appreciation. With a Fair Condition Rating and probate status, the home serves as a blank canvas for renovation. This is a value-add asset ideal for Fix-and-Flip Investors or Owner-Occupants with the vision to modernize this expansive Mockingbird Canyon estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18530 Oak Park Subject | $1,099,000* List Price | 4 | 5 | 4,405 | $242 | - |
A 18309 Hollowtree Sold | $1,180,000 | 5 | 5 | 3,869 | $305 | 0.3 mi |
B 17970 Wildwood Creek Rd Active | $1,175,000 List Price | 4 | 4 | 4,739 | $248 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (23 years old), the property falls into the >20y age bracket. The listing describes it as a 'blank canvas' and 'as-is' probate sale; interior photos confirm the home is dated and currently lacks flooring in several rooms, requiring cosmetic updates and minor repairs to be move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54886, living area = 4405.
Situated on a sprawling 1.26-acre lot in the prestigious Mockingbird Canyon area with no HOA, providing ample space for equestrian use, ADUs, or custom outdoor amenities.
The 4,405 sqft floor plan is highly desirable, featuring four full ensuite bedrooms, a massive loft with office space, and a rare 4-car garage to accommodate large families or collectors.
The property is a probate sale sold in as-is condition, implying a need for significant investment in repairs and a potentially more complex transaction process.
The presence of a solar lease requires the buyer to assume an ongoing contractual obligation, which may impact debt-to-income ratios or be less desirable than an owned system.
Opportunity Awaits in Desirable Woodcrest Community of Riverside. Set on a spacious one-acre lot this 4-bedroom, 4.5-bathroom estate in Mockingbird Canyon offers approximately 4,405 square feet of living space. The home's generous floor plan includes four ensuite bedrooms, an expansive primary suite, formal sitting area, formal living and dining rooms, a generous size loft upstairs with office space and entertainment space, laundry room located on first floor. This home also features 4 car garage. Filled with opportunity for customization, this property is a true blank canvas for renovation, updates, or a complete transformation. Solar lease is installed adding modern energy efficiency and long-term savings. Sold as a probate sale and offered as-is, this is an excellent opportunity for buyers with vision. No HOA, this home offers exceptional value in one of Riverside's most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 2.3 |
| Square foot | 4,405 | 1,867.892 |
| Lot Size | 54,886 | 8,787.773 |
| Price | $1.10M | $692.3K |
| Price per sq ft | $249 | $386 |
| Built year | 2001 | 1980 |
| HOA | $0 | $151 |
| Days on market | 22 | 55 |
Aug 18, 2026
$1,099,000
Initial Listing
Nov 7, 2001
$490,000
Public Record