
Perris, California 92571
This Spacious Single Family Residence is a Prime Investment Opportunity, listed at $559,000—positioned well below the $571,376 Fair Market Value by 2%. This valuation gap offers $12,376 in Instant Equity. Featuring a Good Condition Rating, the home includes modern wood-look vinyl flooring and solar panels. Residents enjoy extensive community amenities and proximity to Lake Perris. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-growth location with recreational access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1888 Brockstone Subject | $559,000* List Price | 4 | 3 | 2,177 | $262 | - |
A 3968 Barbury Palms Sold | $545,000 | 4 | 3 | 2,252 | $242 | 0.2 mi |
B 1440 Avila Drive Sold | $499,950 | 3 | 3 | 2,131 | $235 | 0.6 mi |
C 1752 Dennison Drive Sold | $500,000 | 3 | 3 | 2,010 | $249 | 0.2 mi |
D 3653 Alhambra Sold | $548,000 | 4 | 4 | 2,131 | $257 | 0.5 mi |
E 3577 Whieldon Drive Sold | $540,000 | 4 | 3 | 2,010 | $269 | 0.1 mi |
F 3902 Bluff Sold | $550,000 | 4 | 3 | 2,111 | $261 | 0.9 mi |
G 1204 Lilac Ridge Sold | $540,000 | 5 | 3 | 2,033 | $266 | 0.9 mi |
H 3860 Bella Isola Sold | $535,000 | 3 | 2 | 2,150 | $249 | 0.4 mi |
I 1464 Granada Way Active | $550,000 List Price | 3 | 3 | 1,823 | $302 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the home falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready, featuring a functional kitchen and an updated second floor with modern wood-look vinyl flooring. While the cabinetry and bathrooms appear original to the build date, the overall systems and structure are functional and include value-adds like solar panels.
The inclusion of solar panels provides significant utility savings, while the updated wood-look vinyl flooring on the second floor offers a contemporary, low-maintenance aesthetic.
Residents benefit from a robust suite of amenities including a pool, jacuzzi, and various sports courts, plus close proximity to outdoor recreation at Lake Perris.
Situated in a rapidly expanding area of the Inland Empire, the property offers strong appreciation potential and convenient access to new shopping and dining developments.
With a lot size of only 4,356 square feet for a large 2,177 square foot home, the private yard space is relatively constrained compared to other residential options.
The monthly association fee of $116 adds to the carrying costs and subjects the homeowner to community restrictions, which may deter buyers seeking total autonomy.
Rare opportunity to own a spacious 4-bed, 2.5-bath home in one of Perris’s fast-growing community. The second floor has been updated with attractive wood-look vinyl flooring, offering a modern appearance and easy maintenance. Additional features include solar panels and a convenient location near shopping, dining and newly developing neighborhoods; making this property a great investment opportunity as well. Located just minutes from Lake Perris, the property provides convenient access to parks, dog parks, hiking, biking and horse trails. Residents also enjoy community amenities including a large pool with jacuzzi, playground, volleyball, basketball and tennis courts, plus barbecue areas. With Perris continuing to expand, this is an excellent opportunity to own a home in one of the fastest growing areas of the Inland Empire, surrounded by recreation, entertainment, everyday conveniences and constant appreciation.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,177 | 1,916 |
| Lot Size | 4,356 | 7,016 |
| Price | $559.0K | $583.5K |
| Price per sq ft | $257 | $293 |
| Built year | 2005 | 1997 |
| HOA | $116.0 | $99 |
| Days on market | 15 | 67 |
Jul 7, 2026
$559,000
Initial Listing
Oct 6, 2023
$515,000
Public Record
Jun 13, 2005
$329,000
Public Record