21047 Iron Rail, Riverside, California 92507, Riverside, 92507 - 5 bed, 3 bath
21047 Iron Rail
Riverside, California 92507
Property Price
SUMMARY
Analysis of 21047 Iron Rail, Riverside, California 92507 reveals a Fairly Priced Property with a current list price of $995,000 aligned with the estimated $978,340 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21047 Iron Rail Subject | $995,000* List Price | 5 | 3 | 3,593 | $272 | - |
A 7543 Sage Scrub Sold | $825,000 | 4 | 3 | 2,877 | $287 | 0.3 mi |
B 20349 Barrel Road Sold | $775,888 | 5 | 3 | 3,238 | $240 | 0.7 mi |
C 21145 Sutter Creek Court Sold | $790,000 | 5 | 5 | 3,604 | $219 | 0.7 mi |
D 20864 Center St Sold | $765,000 | 4 | 3 | 2,870 | $267 | 0.2 mi |
E 20813 Spring Street Sold | $722,500 | 4 | 3 | 2,528 | $286 | 0.3 mi |
F 7922 Brass Kettle Circle Sold | $755,000 | 4 | 3 | 2,629 | $287 | 0.5 mi |
G 20583 Spring Pending | $799,000 List Price | 5 | 3 | 2,923 | $273 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home features modern construction standards with no visible deferred maintenance. The interior boasts contemporary finishes including large-format tile flooring, crown molding, and a gourmet kitchen equipped with dark cabinetry, quartz countertops, and a large island. The overall quality of the fixtures, appliances, and surfaces reflects a virtually new condition consistent with current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2018, this home offers contemporary building standards, energy efficiency, and modern aesthetics, minimizing the need for immediate repairs or upgrades.
- Versatile Floor Plan
The 3,593 sqft layout includes a highly desirable downstairs bedroom and bathroom, perfect for guests, multi-generational living, or a home office.
- Expansive Lot & RV Access
The generous 12,197 sqft lot features a large RV gate and an oversized concrete patio, providing ample space for vehicle storage and outdoor recreation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Bathroom-to-Bedroom Ratio
For a large 5-bedroom home, having only 2.5 to 3 bathrooms may be considered insufficient for high-occupancy households or luxury-tier buyers.
- Landscaping Requirements
While the lot is expansive, the large backyard may require significant additional investment and maintenance to fully develop beyond the existing concrete patio.
About 21047 Iron Rail
Gorgeous home with breathtaking mountain views, located in a highly desirable Riverside neighborhood. This spacious residence offers 5 bedrooms and 2.5 bathrooms, including a convenient downstairs bedroom and bath, with four additional bedrooms and two baths upstairs. Soaring ceilings and a large loft create an open, light-filled atmosphere that truly impresses. The gourmet kitchen is ideal for cooking and entertaining, seamlessly opening to the family room to create a true great-room experience. Separate living and formal dining rooms provide additional space for gatherings and everyday living. The expansive backyard is designed for entertaining, featuring an oversized concrete patio with covered seating, a large RV gate, and stunning mountain views. With its generous lot, ample square footage, and exceptional indoor-outdoor living, this home is perfect for hosting family and friends. Come see this beautiful Riverside home for yourself—you won’t be disappointed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 3,593 | 1,773 | 97% |
| Lot Size | 12,197 | 8,276 | 80% |
| Price | $995.0K | $655.0K | 96% |
| Price per sq ft | $277 | $367 | 10% |
| Built year | 2018 | 1977 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 172 | 12% |
Pricing History
Listed for Sale
Dec 6, 2025
$995,000
Initial Listing
Sold
Jul 11, 2018
$520,000
Public Record