21047 Iron Rail Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 3 bath

21047 Iron Rail Drive, Riverside, California 92507 home-pic-0
ACTIVE$948,000
21047 Iron Rail Drive, Riverside, California 92507
5Beds
3Baths
3,593Sqft
12,197Lot
Year Built
2018
Close
-
List price
$948K
Original List price
$948K
Price/Sqft
$264
HOA
-
Days on market
-
Sold On
-
MLS number
CV24183663
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $948.0K(98th), sqft - 3593(99th), beds - 5(82th), baths - 3(63th).

Welcome to 21047 Iron Rail Dr, Riverside! This spacious two-story home features 5 bedrooms and 3 bathrooms, with a thoughtful layout that includes 1 bedroom and 1 bathroom on the main floor, and 4 bedrooms and 2 bathrooms upstairs. The home also offers a versatile loft and a bonus room, ideal for various needs. Enjoy the convenience of a laundry room, modern upgrades, and energy-efficient solar panels. With its expansive layout and stylish amenities, this residence is perfect for both everyday living and entertaining in a highly desirable Riverside neighborhood.

Condition Rating
Excellent

Built in 2018, this property is a relatively new construction, falling well within the 'Excellent' criteria for age. The images showcase a modern and well-maintained interior, particularly in the kitchen with its dark cabinetry, white countertops, and contemporary black appliances, and in the bathrooms with modern fixtures and tiled finishes. All visible components appear new or virtually new, with no signs of wear or deferred maintenance. The presence of energy-efficient solar panels further solidifies its excellent condition and modern appeal.
Pros & Cons

Pros

Newer Construction: Built in 2018, the property offers modern building standards, contemporary design, and reduced immediate maintenance concerns.
Spacious & Versatile Floor Plan: With 5 bedrooms, 3 bathrooms, a loft, and a bonus room across 3593 sqft, including a convenient downstairs bedroom and bath, the layout is highly functional for various family needs.
Energy-Efficient Solar Panels: The inclusion of solar panels provides significant long-term cost savings on utilities and contributes to environmental sustainability.
Desirable Neighborhood: Located in a 'highly desirable Riverside neighborhood,' suggesting a good community, convenient access, and potential for property value appreciation.
Generous Lot Size & Mountain Views: A substantial 12,197 sqft lot combined with mountain views enhances outdoor living potential and overall aesthetic appeal.

Cons

Potential Overpricing: The listing price of $948,000 is 7% above the estimated property value of $880,712.16, which may be perceived as high by potential buyers.
Limited Specific Outdoor Amenities: Despite a large lot, the property description does not highlight significant outdoor features such as a pool, elaborate landscaping, or built-in BBQ, which are present in some comparable properties at this price point.
Lack of Detailed Interior Upgrades: While 'modern upgrades' are mentioned, the absence of specific high-end finish details in the description might make it less competitive against comparables that explicitly list custom features and premium materials.

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