
Riverside, California 92508
This Stunning Move-In Ready Estate is a Strong Value Opportunity, listed at $998,888—positioned well below the $1,034,361 Fair Market Value by 3%. This valuation gap offers $35,473 in Instant Equity. Featuring a Chef’s Kitchen, Luxury Vinyl Plank Flooring, and a 2022 Full-Home Re-Piping, the property boasts an Excellent Condition Rating. With a massive 50,094 sq. ft. lot, it is perfect for multigenerational living or Owner-Occupants seeking a private, high-utility ranch retreat in the Riverside Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18847 John F Kennedy Drive Subject | $998,888* List Price | 4 | 3 | 2,750 | $376 | - |
A 18120 Gentian Avenue Sold | $1,165,000 | 4 | 3 | 3,140 | $371 | 0.9 mi |
B 18561 Bert Road Sold | $881,100 | 4 | 2 | 2,226 | $396 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2004, the property underwent significant recent renovations within the last 5 years, including a full-home re-piping in 2022, a chef's kitchen with modern quartz countertops and stainless steel appliances, and new luxury vinyl plank flooring throughout. The home is in mint, move-in ready condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 2750.
The massive 50,094 sq. ft. lot features a private well and mature fruit trees, providing rare utility for farming, ADU expansion, or multigenerational living in a suburban setting.
A full-home re-piping completed in 2022, combined with luxury vinyl plank flooring and a chef’s kitchen featuring quartz countertops, ensures long-term durability and immediate move-in appeal.
The vast lot size, private well system, and numerous mature fruit trees demand significant ongoing labor and specialized maintenance costs compared to a standard residential lot.
Positioned at nearly $1 million, the property sits at a premium price tier for the Riverside area, which may limit the pool of qualified buyers despite its extensive list of features.
Rare opportunity to own a beautiful Ranch-Style Estate situated on an expansive 50,094 sq. ft. lot, offering endless possibilities for country living, farming, recreation, or future expansion. This spacious single-story home features 4 bedrooms, 3 bathrooms, a 3-car garage, and ample RV parking. Privately gated with a wide automatic wrought-iron entry gate, this property offers both privacy and convenience. The sprawling grounds are filled with a variety of Mature Fruit Trees and are supported by a Private Well, making it ideal for farming, gardening, or creating your own private orchard. With abundant Usable Land, there is excellent potential to add ADUs for Multigenerational Living or Rental Income. Inside, the home showcases luxury vinyl plank flooring throughout, blending style and durability. The spacious family room features a cozy fireplace, while the separate formal living room and dining room provide ideal spaces for entertaining. The chef’s kitchen is beautifully upgraded with quartz countertops, matching backsplash, stainless steel appliances, abundant cabinet space, and a large walk-in pantry. Additional interior highlights include plenty of Recessed Lighting, Ceiling Fans, Elegant Crown Moldings, Plantation Shutters, and a Full-home Re-Piping Completed in 2022 for added peace of mind. The expansive primary suite offers a generous bedroom with its own fireplace and a luxurious ensuite bathroom featuring granite countertops, dual vanity sinks, a built-in vanity desk, a custom tile walk-in shower, and a relaxing jacuzzi tub. Three additional spacious bedrooms and two full bathrooms complete this thoughtfully designed floor plan. Whether you’re looking for a private ranch retreat, room for RVs and recreational toys, space for farming and gardening, or future development opportunities, Excellent Schools. Close Proximity to shopping, school, park. This exceptional property offers the perfect blend of comfort, functionality, and endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,750 | 2,380 | 69% |
| Lot Size | 50,094 | 7,841 | 94% |
| Price | $998.9K | $748.8K | 89% |
| Price per sq ft | $363 | $326 | 68% |
| Built year | 2004 | 2001 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 157 | 1% |
Jun 12, 2026
$998,888
Initial Listing
Dec 28, 2012
$300,000
Public Record
Jun 16, 2004
$614,500
Public Record
May 14, 2003
$90,000
Public Record