20398 Bailly, Perris, California 92570, Perris, 92570 - 5 bed, 3 bath
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Perris, California 92570
This Spacious Value-Add Residence offers a versatile floorplan with a List Price of $694,999—positioned below the $699,900 Fair Market Value by 1%. This valuation provides $4,901 in Instant Equity for a property with a Condition Rating of 4. Featuring a 5-bedroom layout, nearly one-acre flat lot, covered patio, and Mountain Views, the site offers ADU potential. Priced competitively with recent area sales in the Perris Union High district, this home is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20398 Bailly Subject | $694,999* List Price | 5 | 3 | 2,120 | $328 | - |
A 18510 Brown Sold | $690,000 | 4 | 2 | 1,964 | $351 | 0.7 mi |
B 19975 Heartwood Sold | $875,000 | 5 | 3 | 2,885 | $303 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is functional and appears to have been maintained through regular upkeep, but it is significantly dated. The kitchen features older wood cabinetry and non-stainless appliances, while the bathrooms and living areas retain vintage fixtures, worn carpeting, and older tile work. The listing's emphasis on 'unlocking potential' and 'opportunity' confirms that while the home is livable, it requires cosmetic modernization and likely system updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38768, living area = 2120.
Situated on nearly one full flat acre, the property offers rare and extensive space for potential expansion, ADU construction, or equestrian use.
With 5 bedrooms and 3 bathrooms, the 2,120 sqft floorplan provides significant utility for large families or multi-generational living arrangements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1978, the home likely requires modernization of major systems and cosmetic updates to meet contemporary market standards.
Marketing language such as 'unlock its full potential' suggests the property may need significant investment in repairs or renovations.
Opportunity Awaits! Discover the potential in this spacious home featuring a versatile floorplan with 5 bedrooms and 3 baths, offering ample room for family, guests, or a home office. Enjoy multiple living spaces including a large living room, inviting dining area, and comfortable family room—perfect for entertaining or relaxing. Nestled on just under one flat acre, this property provides endless possibilities—expand, garden, add a pool, or simply enjoy the open space. Take in the beautiful mountain views and the peaceful setting, all while being conveniently located near local amenities. Don’t miss your chance to make this home your own and unlock its full potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,120 | 2,194 | 40% |
| Lot Size | 38,768 | 10,890 | 63% |
| Price | $695.0K | $635.0K | 63% |
| Price per sq ft | $328 | $311 | 58% |
| Built year | 1978 | 2005 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 179 | 12% |
Feb 18, 2026
$694,999
$699,900
-1% Price Drop
Initial Listing
Jan 31, 2026
$699,900
Initial Listing
May 6, 1997
$115,000
Public Record