18802 Alderbrook, Riverside, California 92508, Riverside, 92508 - 4 bed, 3 bath
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18802 Alderbrook
Riverside, California 92508
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,870Sq Ft
9,583Lot Size
Property Price
LIST PRICE$760,888
EST. MARKET VALUE
$760,888
SUMMARY
This Spacious 2-Story Home in the Orangecrest community is a Strong Value Opportunity, listed at $765,888—positioned well below the $807,118 Fair Market Value by 5%. This valuation gap offers $41,230 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Solar Purchase Agreement, RV/Boat Parking, and a flexible loft. Located in the Riverbank Unified district, this property balances lifestyle comfort with financial stability, making it an ideal acquisition for growing families or owner-occupants seeking a move-in ready residence.
Estimated Market Value
$760,888
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18802 Alderbrook Subject 4 bd · 3 ba · 2,870 sqft · $265 | $760,888* List Price | 4 | 3 | 2,870 | $265 | - |
A 9350 Dauchy Sold 4 bd · 3 ba · 3,242 sqft · $241 · 0.3 mi | $780,000 | 4 | 3 | 3,242 | $241 | 0.3 mi |
B 8467 Farmhouse Sold 4 bd · 3 ba · 2,696 sqft · $310 · 1.0 mi | $836,000 | 4 | 3 | 2,696 | $310 | 1.0 mi |
C 9406 Hampstead Court Sold 5 bd · 3 ba · 3,186 sqft · $247 · 0.1 mi | $787,000 | 5 | 3 | 3,186 | $247 | 0.1 mi |
D 19029 Weathervane Pl. Sold 5 bd · 3 ba · 3,324 sqft · $247 · 0.2 mi | $822,000 | 5 | 3 | 3,324 | $247 | 0.2 mi |
E 9220 Village Way Sold 4 bd · 3 ba · 3,337 sqft · $226 · 0.3 mi | $755,000 | 4 | 3 | 3,337 | $226 | 0.3 mi |
F 9237 Meadow Sold 6 bd · 3 ba · 3,144 sqft · $270 · 0.2 mi | $850,000 | 6 | 3 | 3,144 | $270 | 0.2 mi |
G 8561 Lodgepole Sold 4 bd · 3 ba · 2,724 sqft · $307 · 0.9 mi | $835,000 | 4 | 3 | 2,724 | $307 | 0.9 mi |
H 8634 Cabin Sold 4 bd · 3 ba · 2,696 sqft · $280 · 0.9 mi | $755,000 | 4 | 3 | 2,696 | $280 | 0.9 mi |
I 18625 Krameria Avenue Active 5 bd · 4 ba · 3,615 sqft · $249 · 0.2 mi | $900,000 List Price | 5 | 4 | 3,615 | $249 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (21 years old), the property is well-maintained and move-in ready. It features recent cosmetic updates including luxury vinyl plank flooring and a designer kitchen backsplash. While the cabinetry appears original, the overall condition, functional systems, and purchased solar agreement align with the 'Good' criteria for a functional, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Parking and RV Access
The property features a rare combination of a 3-car garage, an oversized driveway, and dedicated RV/boat parking, catering perfectly to outdoor enthusiasts and multi-vehicle households.
- Favorable Solar Agreement
The home includes a solar purchase agreement rather than a lease, providing significant energy savings and long-term value without the complications of a third-party lease transfer.
- Versatile Living Space
With 2,870 square feet and a large loft that can easily convert to a 5th bedroom, the floor plan offers exceptional flexibility for large families or remote work needs.
CONSRISKS & DEFICIENCIES
- Aggressive Price Adjustment
The list price was recently increased from $700,000 to $765,888 while on the market, which may create friction in negotiations or lead to appraisal gaps.
- Aging Major Systems
Built in 2005, the property is reaching a 20-year milestone where original major systems like the HVAC or water heater may soon require inspection or capital investment for replacement.
About 18802 Alderbrook
Eligible for $15,000 FORGIVABLE LOAN! Rare Orangecrest 2-STORY HOME with 4 BEDROOMS + LARGE LOFT (POTENTIAL 5TH BEDROOM), SOLAR PURCHASE AGREEMENT, NOT A LEASE, RV/BOAT PARKING & 3-CAR GARAGE, OVERSIZED DRIVEWAY, and a GENEROUSLY SIZED LOT. The beautifully landscaped backyard is a private retreat with mature shade and fruit trees, offering plenty of space for entertaining, outdoor dining, gardening, or simply relaxing. Step inside to a bright, open floor plan designed for both everyday living and entertaining. Beautiful upgraded tile flooring spans the entire first floor, leading into an oversized kitchen featuring a designer backsplash, abundant cabinetry, and expansive counter space overlooking the family room and backyard. Upstairs, the spacious loft offers the flexibility to serve as a second living room, media room, home office, game room, or children's play area. The primary suite provides a spacious retreat with a private en-suite bathroom and generous closet space, while the additional bedrooms offer walk-in closest with comfort and versatility for family and guests. Luxury vinyl plank flooring upstairs, expansive living areas, and a functional layout make this home ideal for growing families. The oversized driveway accommodates multiple vehicles, boats, trailers, or recreational toys in addition to the attached 3-car garage. Conveniently located near top-rated schools, parks, shopping, restaurants, and major commuter routes, this exceptional home offers the perfect combination of space, functionality, and location in the heart of Orangecrest.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $37.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,870 | 1,854.896 |
| Lot Size | 9,583 | 8,680.308 |
| Price | $760.9K | $698.4K |
| Price per sq ft | $265 | $380 |
| Built year | 2005 | 1982 |
| HOA | $37.0 | $156 |
| Days on market | 103 | 57 |
Pricing History
Listed for Sale
Aug 19, 2026
$760,888
$765,888
-1% Price Drop
Initial Listing
Price Change
Aug 11, 2026
$765,888
$700,000
+9% Price Increase
Initial Listing
Price Change
Jul 14, 2026
$700,000
Initial Listing
Sold
Jul 31, 2006
$511,500
Public Record