
Riverside, California 92508
This Spacious Ranch-Style Residence represents a Strong Value Opportunity, listed at $895,000—positioned well below the $972,412 Fair Market Value by 7%. This valuation gap provides $77,412 in Instant Equity. Featuring a 4-bedroom layout with a permitted granny suite and 380 sq ft workshop, the home maintains a Condition Rating of 4. While the interior offers room for cosmetic modernization, the expansive 1-acre lot and no HOA status provide rare versatility. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18666 Bert Road Subject | $895,000* List Price | 4 | 4 | 2,398 | $406 | - |
A 18460 Hibiscus Avenue Sold | $837,500 | 4 | 2 | 1,746 | $480 | 0.5 mi |
B 18090 Iris Avenue Sold | $635,000 | 3 | 3 | 1,639 | $387 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the home is well-maintained but aesthetically dated. The kitchen and bathrooms feature oak cabinetry, Corian countertops, and fixtures that appear to be over 20 years old. While functional and move-in ready, the property requires cosmetic updates to align with modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47480, living area = 2398.
The property includes a dedicated granny suite with a private entrance, separate living area, and full bathroom, offering excellent flexibility for extended family or rental income.
Spanning over an acre, the flat usable land features a 380 sq ft permitted workshop, extensive RV parking, and zoning for horses, providing rare utility for hobbies or home businesses.
With a 1980 build date and features like Corian countertops, the home may require cosmetic modernization to meet the aesthetic standards of contemporary buyers.
The massive 47,480 sq ft lot with lush landscaping and a seasonal creek will require significant ongoing effort and expense to maintain and manage.
A charming single-level 2,398 sq ft home with a total of 4 bedrooms and 3 bathrooms, including an adjacent mother in-law-suite, plus a permitted workshop found in the Woodcrest neighborhood! An extra long driveway leads you to this peaceful property, where mature shade trees, a seasonal creek, lush landscaping, and an expansive front yard make for a private sanctuary. Inside, you'll find a bright living and dining area filled with natural light from the dual pane windows throughout, offering the perfect setting for everyday living. The kitchen features Corian countertops and opens seamlessly to the cozy family room with a fireplace and wood flooring, creating a comfortable gathering space. Along the hallway, there is a custom-built wine closet, generous linen and storage cabinets, a full bathroom, and two secondary bedrooms, as well as, the primary suite, which offers a ceiling fan, walk-in closet, and full bathroom. One of this property's standout features is the adjacent granny suite with its own private entrance on the other wing of the house. Complete with a separate living area, bedroom, walk-in closet, and full bathroom, it's ideal for multigenerational living, extended guests, or potential rental opportunities. The suite also opens to a covered patio with a pergola, creating the ideal outdoor retreat to enjoy your morning coffee or unwind on tranquil evenings. The oversized laundry room boasts an abundance of cabinetry, a doggy door and a wash sink. From the laundry, access the three-car garage and a versatile workshop. The permitted workshop of approximately 380 sq ft provides endless flexibility for hobbies, woodworking, a home-based business, fitness room, art studio, or future potential ADU conversion. Outside, the possibilities continue with space for a horse and light livestock, room to build a pool, or install a hot tub. The extensive driveway offers excellent RV parking in addition to all your toys. Located in one of Riverside's most established ranch-style communities, this exceptional property offers the perfect balance of privacy and convenience. You'll be just minutes from parks, schools, shopping, dining, and major commuter routes including Alessandro Boulevard, Trautwein Road, Wood Road, and Van Buren Boulevard. With low property taxes, no HOA, and over an acre of land, this rare home delivers space, versatility, and unending potential. Don't miss this incredible opportunity—schedule your private tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,398 | 1,723 |
| Lot Size | 47,480 | 8,712 |
| Price | $895.0K | $676.0K |
| Price per sq ft | $373 | $395 |
| Built year | 1980 | 1977 |
| HOA | $0 | $125 |
| Days on market | 5 | 58 |
Jul 17, 2026
$895,000
Initial Listing