2049 Myers, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath
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Riverside, California 92503
This 5.07-acre Agricultural Estate represents a High-Potential Investment Opportunity, listed at $1,600,000—positioned above the $1,524,458 Fair Market Value. While the property requires modernization given its Fair Condition Rating, the 1,300-tree orchard and 10 Gage Canal Water shares provide significant income-producing potential. The expansive lot and panoramic mountain views offer a unique lifestyle asset in the Riverside Greenbelt. This property is an ideal acquisition for Agricultural Investors seeking a productive ranch or Owner-Occupants looking to cultivate a private, income-generating retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2049 Myers Subject | $1,600,000* List Price | 4 | 3 | 3,208 | $475 | - |
A 9609 Equestrian Drive Active | $1,750,000 List Price | 3 | 4 | 4,026 | $435 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the home is 50 years old and remains largely in its original state. The kitchen features vintage 'Harvest Gold' appliances, dated tile countertops, and fluorescent light panels. While the property appears well-maintained and functional, the age of the interior finishes and likely original systems requires significant updating 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 = 220849, living area = 3208.
The 5.07-acre estate features over 1,300 mature fruit trees and includes 10 valuable Gage Canal Water shares, offering significant agricultural income potential and sustainable irrigation.
Situated in Riverside's prestigious Greenbelt, this elevated property provides exceptional privacy, panoramic mountain views, and direct access to extensive trail systems for outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3208, other record living area = 2564.
Managing a 5-acre active orchard and a residence built in 1974 requires substantial ongoing labor, specialized knowledge, and financial commitment for upkeep.
The property's heavy emphasis on intensive agriculture and its specific rural setting may limit its appeal to a specialized buyer pool rather than general residential seekers.
What an Opportunity! Own Your Own Piece of Paradise in Riverside's Highly Sought-After Greenbelt Area! Nestled atop a sprawling 5.07-acre parcel, this one-of-a-kind estate offers the perfect blend of privacy, income-producing agriculture, and peaceful country living. Surrounded by lush groves, the property features approximately 1,300 mature sweet orange and specialty fruit trees. The orchard includes an impressive variety of fruit-bearing trees such as jujube, peach, apricot, fig, mango, persimmon, mulberry, longan, lychee, dragon fruit, starfruit, and many other sought-after Asian fruit varieties. The property also includes 10 valuable shares of Gage Canal Water, providing abundant irrigation for the orchard and agricultural operations. The well-maintained residence offers 4 bedrooms and 2.5 bathrooms, with all bedrooms conveniently located upstairs and spacious living areas downstairs, creating an ideal layout for comfortable family living. Outdoor enthusiasts will appreciate the property's unique recreational features, including access to canal trails, hillside trails, and field trails, perfect for hiking, exploring, horseback riding, and off-road recreational vehicles. One of the property's most desirable features is its exceptional privacy. Located near the end of the street and elevated above the surrounding landscape, the home enjoys breathtaking views, peaceful surroundings, and a tranquil setting rarely found so close to city conveniences. A charming farmhouse-style BBQ and entertainment area provides the perfect space for family gatherings, outdoor dining, hosting events, exploring agritourism opportunities, or simply enjoying the beauty of the grove. Despite its serene rural setting, the property is conveniently located just minutes from UC Riverside, Costco, shopping centers, schools, churches, parks, major freeways, the March Field Air Museum, and the California Citrus State Historic Park. This is a rare opportunity to own a productive fruit ranch, a private retreat, and a beautiful family home all in one remarkable property. Whether you're seeking a family estate, agricultural investment, recreational retreat, or potential income-producing property, this exceptional Greenbelt gem offers endless possibilities. Photos and virtual tours are impressive, but nothing compares to experiencing the beauty, tranquility, and potential of this extraordinary estate in person. A true must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 3,208 | 1,642 | 85% |
| Lot Size | 220,849 | 8,058.5 | 99% |
| Price | $1.60M | $662.5K | 99% |
| Price per sq ft | $499 | $392 | 83% |
| Built year | 1974 | 1983 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 153 | 2% |
Jun 10, 2026
$1,600,000
Initial Listing
Mar 7, 2022
$1,180,000
Public Record