19568 Sunkissed Ridge Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 3 bath

19568 Sunkissed Ridge Drive, Riverside, California 92507 home-pic-0
ACTIVE$849,900
19568 Sunkissed Ridge Drive, Riverside, California 92507
5Beds
3Baths
2,889Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($788,023.525) is $61,876.475 (7%) lower than the list price ($849,900). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Modern Design: Built in 2024, this stunning modern craftsman home offers sophisticated style and is meticulously maintained, providing a turnkey experience for buyers.
Top Cons:
Overpriced Relative to Market Value: The current listing price of $849,900 is significantly above the estimated market value of $788,023.525, indicated by an estimation ratio of -7, suggesting potential overpricing.

Compared to the nearby listings

Price:$849.9K vs avg $652.9K (+$196,965)93%
Size:2,889 sqft vs avg 1,854 sqft93%
Price/sqft:$294 vs avg $35820%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new. The description highlights a 'stunning modern craftsman' design, 'gourmet kitchen with premium stainless appliances, granite countertops, and an expansive island,' and a 'luxurious primary suite with dual-sink vanity.' Images confirm the new construction with modern finishes, including clean tile and carpet flooring, recessed lighting, and a meticulously maintained exterior and backyard. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$850K
Original List price
$900K
Price/Sqft
$294
HOA
-
Days on market
-
Sold On
-
MLS number
IV25059082
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Neighborhood
Patio
ViewHills, Mountain(s), Neighborhood

About this home

Welcome to this stunning modern craftsman in Riverside's sought-after Sunkissed Ridge community. This meticulously maintained two-story home combines sophisticated style with smart living features, including solar power and drought-resistant landscaping. The welcoming front porch, complete with a designer hanging chair, sets the tone for the thoughtfully designed interior. Inside, an open-concept floor plan showcases a gourmet kitchen with premium stainless appliances, granite countertops, and an expansive island perfect for entertaining. The main level offers convenient living with a full bedroom and bathroom, while upstairs features four bedrooms including a luxurious primary suite with dual-sink vanity and walk-in closet. A versatile upstairs loft space provides endless possibilities for a home office, media room, or play area. The show-stopping backyard is an entertainer's dream, featuring premium artificial turf, a covered gazebo, and a basketball court - all set against breathtaking mountain views. Additional highlights include a laundry room with built-in storage, EV charging in the garage, and energy-efficient features throughout. This turnkey home offers the perfect blend of luxury, comfort, and modern convenience in a family-friendly neighborhood.

Condition Rating
Excellent

This property was built in 2024, making it brand new. The description highlights a 'stunning modern craftsman' design, 'gourmet kitchen with premium stainless appliances, granite countertops, and an expansive island,' and a 'luxurious primary suite with dual-sink vanity.' Images confirm the new construction with modern finishes, including clean tile and carpet flooring, recessed lighting, and a meticulously maintained exterior and backyard. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2024, this stunning modern craftsman home offers sophisticated style and is meticulously maintained, providing a turnkey experience for buyers.
Exceptional Outdoor Entertainment & Views: The show-stopping backyard features premium artificial turf, a covered gazebo, and a basketball court, all complemented by breathtaking mountain views, ideal for entertaining.
Energy Efficiency & Smart Home Features: Equipped with solar power, drought-resistant landscaping, EV charging in the garage, and other energy-efficient features, promoting sustainability and lower utility costs.
Versatile & Functional Floor Plan: An open-concept layout includes a convenient full bedroom and bathroom on the main level, a luxurious primary suite upstairs, and a versatile loft space for various uses.
Gourmet Kitchen: The home boasts a gourmet kitchen with premium stainless appliances, granite countertops, and an expansive island, perfect for cooking and entertaining.

Cons

Overpriced Relative to Market Value: The current listing price of $849,900 is significantly above the estimated market value of $788,023.525, indicated by an estimation ratio of -7, suggesting potential overpricing.
Recent Price Reduction: A recent price drop from the original list price of $899,900 to $849,900 may signal a lack of buyer interest at the higher price point or an adjustment to market expectations.
Extended Market Time for New Construction: Despite being a brand-new, highly upgraded home, the property has been on the market for over three months, which could indicate slower-than-expected buyer demand for this segment.

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