20407 Lyon, Riverside, California 92507, Riverside, 92507 - 4 bed, 3 bath
ACTIVE$789,000$2,923/sqft
Est. Value: $808,353
2%
FairlyEstimate
20407 Lyon, Riverside, California 92507
4Beds
3Baths
2,923Sqft
7,405Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $789,000.
Key pros and cons
Top Pros:
Turnkey Condition & Modern Finishes: The property is described as a 'Turnkey Beauty' with 'modern finishes throughout' and is 'move-in-ready,' indicating minimal immediate investment or renovation needed for a new owner.
Top Cons:
Significant Price Appreciation Since Last Sale: The current list price of $789,000 represents a substantial increase from its last sale price of $615,000 in May 2021, which may be perceived as aggressive pricing or raise questions about current market value.
Compared to the nearby listings
Price:$789.0K vs avg $652.9K (+$136,065)87%
Size:2,923 sqft vs avg 1,773 sqft94%
Price/sqft:$270 vs avg $37211%
More Insights
Built in 2015 (11 years old).
Condition: Built in 2015, this property is only 9 years old, fitting the 'within 10 years' criteria for an excellent rating. The description highlights it as a 'Turnkey Beauty' with 'modern finishes throughout' and being 'move-in-ready,' indicating all components are virtually new or exceptionally well-maintained to current quality standards with no deferred maintenance. While specific details on kitchen appliances or bathroom styles are not provided, the overall 'modern finishes' and recent construction year strongly suggest contemporary and high-quality installations.
Year Built
2015
Close
-
List price
$789K
Original List price
$789K
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
MB26013306
Home ConditionExcellent
Features
Good View: Hills
ViewHills
About this home
Turnkey Beauty with Scenic Views! Welcome to this stunning 2-story, turnkey home offering 2,923 sq. ft. of thoughtfully designed living space. Featuring 4 spacious bedrooms, 2.5 bathrooms, plus a dedicated office downstairs, this home boasts an open floor plan ideal for both everyday living and entertaining. The bright and airy layout flows seamlessly, with generous living areas and modern finishes throughout. Upstairs, enjoy a spacious family room loft, perfect for relaxing, movie nights, or additional gathering space. Step outside to a beautiful backyard with serene views of rolling green hills, providing a peaceful retreat and exceptional privacy. The property also offers space for a boat or RV, adding convenience and flexibility. Enjoy the walking trails throughout the community, enhancing the lifestyle appeal of this exceptional, move-in-ready home—a true must-see!
S
SERGIO TAFOLLA
Listing Agent
Price History
Date
Event
Price
05/18/21
Sold
$615,000
06/26/15
Sold
$415,000
Condition Rating
Excellent
Built in 2015, this property is only 9 years old, fitting the 'within 10 years' criteria for an excellent rating. The description highlights it as a 'Turnkey Beauty' with 'modern finishes throughout' and being 'move-in-ready,' indicating all components are virtually new or exceptionally well-maintained to current quality standards with no deferred maintenance. While specific details on kitchen appliances or bathroom styles are not provided, the overall 'modern finishes' and recent construction year strongly suggest contemporary and high-quality installations.
Pros & Cons
Pros
Turnkey Condition & Modern Finishes: The property is described as a 'Turnkey Beauty' with 'modern finishes throughout' and is 'move-in-ready,' indicating minimal immediate investment or renovation needed for a new owner.
Scenic Views & Privacy: Offers 'serene views of rolling green hills' and 'exceptional privacy' in the backyard, enhancing the property's aesthetic appeal and providing a peaceful retreat.
Spacious & Functional Layout: Boasts 2,923 sq. ft. with 4 spacious bedrooms, 2.5 bathrooms, a dedicated downstairs office, an open floor plan, and an upstairs family room loft, catering to diverse living needs.
Newer Construction: Built in 2015, the home benefits from modern building standards, potentially lower maintenance costs, and contemporary design elements compared to older properties.
RV/Boat Parking & Community Amenities: Includes convenient space for a boat or RV and access to community walking trails, adding significant lifestyle value and practical utility.
Cons
Significant Price Appreciation Since Last Sale: The current list price of $789,000 represents a substantial increase from its last sale price of $615,000 in May 2021, which may be perceived as aggressive pricing or raise questions about current market value.
Lack of Specific High-End Upgrades Mentioned: While 'modern finishes' are noted, the description lacks details on specific high-end features such as premium appliances, smart home technology, or energy-efficient systems (e.g., solar), which buyers might expect in a newer, 'turnkey' home at this price point.
No Mention of Air Conditioning: The property description does not explicitly mention the presence of a cooling system (e.g., central air conditioning), which is a critical amenity in Riverside's climate and could be a significant drawback for potential buyers.