19300 Monticello Grove Way, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath
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19300 Monticello Grove Way
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,257Sq Ft
0Lot Size
Property Price
LIST PRICE$499,920
EST. MARKET VALUE
$478,609
4% AboveMARKET VALUE
SUMMARY
This New Construction Townhome represents a Strong Value Opportunity, listed at $499,920—positioned well below the $478,609 Fair Market Value by -4%. While the list price reflects a premium for its Mint Condition Rating, the property offers modern energy efficiency and a versatile loft layout. Residents benefit from master-planned amenities, including a swimming pool and social clubhouse, with proximity to UCR and local schools. This turnkey property is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, modern lifestyle in Highgrove.
Estimated Market Value
$478,609
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 |
|---|---|---|---|---|---|---|
★ 19300 Monticello Grove Way Subject 3 bd · 3 ba · 1,257 sqft · $381 | $499,920* List Price | 3 | 3 | 1,257 | $381 | - |
A 19253 Monticello Grove Way Sold 3 bd · 3 ba · 1,257 sqft · $395 · 0.0 mi | $496,990 | 3 | 3 | 1,257 | $395 | 0.0 mi |
B 7102 Olive Grove Street Sold 3 bd · 3 ba · 1,567 sqft · $310 · 0.0 mi | $485,000 | 3 | 3 | 1,567 | $310 | 0.0 mi |
C 7179 Olive Grove Street Sold 3 bd · 3 ba · 1,337 sqft · $374 · 0.1 mi | $500,000 | 3 | 3 | 1,337 | $374 | 0.1 mi |
D 7395 Olive Grove St Sold 2 bd · 2 ba · 848 sqft · $478 · 0.2 mi | $405,000 | 2 | 2 | 848 | $478 | 0.2 mi |
E 7276 Olive Grove Active 3 bd · 3 ba · 1,286 sqft · $365 · 0.1 mi | $469,000 List Price | 3 | 3 | 1,286 | $365 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a new construction property built in 2026. It is in mint condition with a modern kitchen, brand new HVAC and electrical systems, and requires no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Advantage
As a 2026 build, this move-in-ready townhome offers modern energy efficiency, contemporary finishes, and the peace of mind associated with a brand-new property warranty.
- Master-Planned Amenities
Residents have access to premium community features including a social clubhouse, swimming pool, barbecue areas, and a tot lot within the Highgrove Town Center.
- Strategic Proximity
The property is ideally located just minutes from UC Riverside, local K-12 schools, and the vibrant dining and shopping of Downtown Riverside.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1257, other record living area = 1337.
- Compact Living Space
With only 1,257 square feet distributed across three bedrooms and a loft, the interior may feel constrained for families requiring larger living areas.
- Lack of Scenic Views
The property is noted as having no specific views, which may be a drawback for buyers seeking the natural vistas common in the surrounding Riverside hills.
About 19300 Monticello Grove Way
NEW CONSTRUCTION! Ready for Quick Move-in! The first floor of this two-story home is host to an open concept layout that seamlessly connects an inviting Great Room, dining area and modern kitchen. Upstairs are three bedrooms, including the restful owner’s suite, which is nestled in the back corner of the home for enhanced privacy and comfort. A versatile loft offers shared living on the second floor. The Paseo is a new collection of townhomes for sale coming soon to the Highgrove Town Center master-planned community in Highgrove, CA. Residents enjoy prime amenities within the community such as a social clubhouse, sparkling swimming pool, barbecue areas, tot lot and more. For local outdoor recreation, Box Springs Mountain Reserve Park features trails for hiking, mountain biking and horseback riding. Shopping and dining options at Downtown Riverside and the Mission Inn are just a 10-minute drive, while UCR is even less and nearby K-12 schools are a three-minute drive away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2026
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $332.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,257 | 1,115.608 |
| Lot Size | - | 1,254.765 |
| Price | $499.9K | $393.4K |
| Price per sq ft | $398 | $359 |
| Built year | 2026 | 1982 |
| HOA | $332.0 | $389 |
| Days on market | 18 | 62 |
Pricing History
Listed for Sale
Oct 6, 2026
$499,920
Initial Listing