21518 Milam Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 4 bath
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Riverside, California 92507
Analysis of 21518 Milam Drive, Riverside, California 92507 is currently available with a list price of $935,500. 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.
Property is new construction or fully renovated.
This is a brand-new 2024 construction in mint condition. The property features a modern open-concept kitchen with high-end finishes and stainless steel appliances, contemporary bathrooms with updated fixtures, and brand-new systems including fully paid-off solar, requiring no maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 315635776, living area = 2824.
As a 2024 new construction, the home features fully paid-off solar panels, providing immediate energy savings and the low-maintenance benefits of a brand-new build.
The property boasts a 'No Mello Roos' status and a relatively low HOA fee, significantly reducing the monthly carrying costs compared to other new developments in the Inland Empire.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =315635776, other record lot size in square feet = 7122.
The property was recently sold within the past year on 2025-06-23. The sold price is $900,000.00.
The mention of 'endless possibilities' for the expansive backyard typically indicates the outdoor space is currently unfinished, requiring additional buyer capital for landscaping and hardscaping.
Welcome to 2518 Milam Drive in the heart of Riverside—a stunning newer construction built in 2024, perfectly positioned on a premium lot. This beautifully designed home offers modern living at its finest, featuring an open-concept layout filled with natural light and high-end finishes throughout. Enjoy the benefits of fully paid-off solar, providing energy efficiency and long-term savings from day one. The spacious kitchen seamlessly flows into the main living area, ideal for entertaining and everyday comfort. Generously sized bedrooms offer privacy and relaxation, while the expansive backyard provides endless possibilities to create your dream outdoor space. Conveniently located near shopping, dining, top-rated schools, and major freeways, this home combines location, lifestyle, and value. Don’t miss this rare opportunity to own a nearly new home with premium upgrades. No Mello Roos!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,824 | 1,756 | 91% |
| Lot Size | 315,635,776 | 8,276 | 99% |
| Price | $935.5K | $655.0K | 94% |
| Price per sq ft | $331 | $387 | 32% |
| Built year | 2024 | 1974 | 92% |
| HOA | $150.0 | $0 | 95% |
| Days on market | 2 | 189 | 1% |
Apr 20, 2026
$935,500
Initial Listing
Jun 23, 2025
$900,000
Public Record