
Nuevo, California 92567
This Spacious Ranch-Style Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $579,513 Fair Market Value by 0.78%. This valuation gap offers $4,513 in Instant Equity. Featuring a Condition Rating of 4, the home includes a Granite Kitchen and a massive 0.5-acre lot with Mountain Views, offering significant potential for expansion or hobbyist use. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-add property in the Perris Union High district.
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old. While it features some functional updates such as granite countertops and laminate flooring, it remains dated with popcorn ceilings, older carpeting, and original-style brick fireplaces. It is well-maintained and move-in ready but requires cosmetic modernization and likely system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23522, living area = 1693.
Situated on over half an acre (23,522 sq. ft.), this property offers immense space for horses, RVs, boats, and trailers, catering perfectly to those seeking a rural or hobbyist lifestyle.
The 1,700 sq. ft. floor plan is highly adaptable, featuring a three-car garage and a layout that allows for the easy conversion of existing space into a third bedroom.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Currently configured as a 2-bedroom residence, the property may face challenges competing with standard 3-bedroom homes for families unwilling to perform a conversion.
Built in 1979, the home may require ongoing maintenance or updates to major systems and energy efficiency standards compared to more modern builds in the area.
Welcome to another beautiful ranch-style home in Nuevo! Situated on over a half acre, this spacious approximately 1,700 sq. ft. home features 2 bedrooms and 2.5 bathrooms, with plenty of room to easily create a third bedroom. This home offers a three-car garage, laminate flooring, carpeting in select rooms, an extra-large laundry room/service porch area. Enjoy multiple living spaces including a formal living room, dining room, and a cozy family room with a fireplace — perfect for relaxing or entertaining. The kitchen features granite countertops and plenty of cabinet space. Step outside to a private fenced backyard area complete with grass and a covered patio, while the expansive backyard offers endless possibilities. There’s plenty of room for horses, boats, motorhomes, trailers, and all your toys! If you’re looking for space, privacy, and country-style living with room for everyone, this home is a must see. Some pictures have been digitally advanced.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,693 | 1,820 | 35% |
| Lot Size | 23,522 | 18,295 | 59% |
| Price | $575.0K | $575.0K | 50% |
| Price per sq ft | $340 | $306 | 59% |
| Built year | 1979 | 1990 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 143 | 8% |
May 21, 2026
$575,000
Initial Listing
Mar 21, 2001
$131,000
Public Record
Jun 11, 1999
$112,000
Public Record