
Riverside, California 92508
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $850,000—positioned well below the $867,825 Fair Market Value by 2%. This valuation gap offers $17,825 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a modernized kitchen, versatile office/5th bedroom, and a private backyard with a covered patio. Located in the prestigious Orangecrest community near top-rated schools like Martin Luther King Jr. High, this property is ideal for growing families or discerning owner-occupants seeking a refined, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20871 Oakdale Lane Subject | $850,000* List Price | 4 | 3 | 2,855 | $304 | - |
A 20805 Golden Rain Road Sold | $875,000 | 4 | 3 | 2,855 | $306 | 0.3 mi |
B 20782 Hillsdale Sold | $825,000 | 5 | 3 | 2,953 | $279 | 0.2 mi |
C 8282 Gardenia Vista Road Sold | $870,000 | 4 | 3 | 2,726 | $319 | 0.7 mi |
D 8352 Clover Creek Road Sold | $882,000 | 4 | 3 | 2,692 | $328 | 0.8 mi |
E 20567 Nathan Sold | $729,000 | 5 | 3 | 2,596 | $281 | 0.6 mi |
F 20497 Bloomfield Sold | $770,000 | 4 | 3 | 2,240 | $344 | 0.6 mi |
G 20257 Edmund Sold | $770,000 | 4 | 3 | 2,200 | $350 | 0.9 mi |
H 20885 Bakal Drive Active Under Contract | $789,999 List Price | 4 | 3 | 2,621 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1998, the home has undergone a high-end, modern renovation within the last 5 years. The kitchen and bathrooms feature contemporary shaker cabinetry, quartz waterfall countertops, and updated flooring throughout, meeting the criteria for a recent top-tier renovation.
High School: Martin Luther King Jr. High School (9/10).
Situated in the prestigious Orangecrest community with access to top-tier schools like Martin Luther King Jr. High (9/10), offering significant long-term value and appeal for families.
The property features no HOA fees and a low tax rate, providing a distinct financial advantage and lower monthly overhead compared to newer developments in the Riverside area.
Built in 1998, the property may soon require capital expenditures for original big-ticket items such as the roof or HVAC systems that were not explicitly noted as replaced.
While the high school is top-rated, some assigned middle and elementary schools in the immediate vicinity have significantly lower performance ratings, which may concern education-focused buyers.
Located in the highly sought-after Orangecrest community, this beautifully upgraded home offers approximately 2,855 SF with 4 bedrooms and 3 bathrooms, featuring a bright, open-concept layout ideal for both everyday living and elegant entertaining. Updated kitchen and bathrooms showcase high-end finishes and refined design. The gourmet kitchen features granite countertops, a center island, stainless steel appliances, and ample cabinetry, flowing seamlessly into the inviting family room with a cozy fireplace. A versatile downstairs office (optional 5th bedroom) is conveniently located next to a full bathroom. Upstairs, the spacious primary suite offers serene views of lush greenery, dual walk-in closets, a soaking tub, separate shower, and dual vanities. Set on an approximately 8,712 SF lot, the property includes a private backyard with a covered patio and a 3-car garage. Ideally located in a quiet neighborhood with low taxes, no HOA, and proximity to parks, shopping, dining, and top-rated schools.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.3 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,855 | 1,723 |
| Lot Size | 8,712 | 8,712 |
| Price | $850.0K | $676.0K |
| Price per sq ft | $298 | $395 |
| Built year | 1998 | 1977 |
| HOA | $0 | $125 |
| Days on market | 10 | 58 |
Jul 12, 2026
$850,000
Initial Listing
Apr 22, 2016
$469,000
Public Record
Oct 21, 2008
$320,000
Public Record
Apr 16, 2004
$900,000
Public Record
May 26, 1998
$199,000
Public Record