
Riverside, California 92506
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $1,390,000—positioned well below the $1,479,468 Fair Market Value by 6%. This valuation gap offers $89,468 in Instant Equity for the next owner. Boasting a Mint Condition Rating, the residence features a 1,032-sqft garage, sparkling pool and spa, and a large wooded lot. Located in the prestigious Hawarden Hills, this property is an ideal sanctuary for Owner-Occupants or multi-generational families seeking luxury and long-term value.
Luxury Hawarden Hills home in Riverside. 5 beds, 4 baths, pool, spa, and massive garage. Move-in ready, priced below market value with instant equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2154 Gainsborough Subject | $1,390,000* List Price | 5 | 4 | 4,113 | $360 | - |
A 2542 Adage Way Sold | $1,495,000 | 5 | 5 | 4,308 | $347 | 0.6 mi |
B 1173 Matterhorn Sold | $1,335,000 | 5 | 5 | 3,676 | $363 | 0.9 mi |
C 1353 Rimroad Sold | $1,235,000 | 3 | 3 | 2,938 | $420 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1964, the property has undergone extensive recent renovations (likely within the last 5 years) that place it in mint condition. The kitchen and bathrooms feature modern white shaker cabinetry, premium stone countertops, and contemporary fixtures. The interior boasts new luxury vinyl plank flooring, fresh paint, and updated recessed lighting, making the home fully move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34848, living area = 4113.
With over 4,100 square feet of living area, a dedicated study, and a massive 1,032-square-foot garage with a bonus room above, this property offers rare flexibility for multi-generational living, home offices, or creative studios.
Set on a nearly 0.8-acre wooded lot in the prestigious Hawarden Hills, the estate features a resort-style backyard with a pool, spa, and established fruit orchard, providing a secluded sanctuary rarely available in the market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4113, other record living area = 3688. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Originally built in 1964, the home's significant size and age may necessitate higher long-term maintenance costs and potential upgrades to mechanical systems despite recent cosmetic updates.
While the local high school is highly rated, the assigned elementary and middle schools currently hold moderate ratings (4 and 5), which may be a factor for families prioritizing top-tier academic scores.
Nestled among mature trees in the prestigious Hawarden Hills neighborhood, this expansive residence offers a rare combination of privacy, character, and exceptional living space. Set on a beautifully wooded lot, the property creates a peaceful retreat while remaining conveniently close to schools, shopping, dining, and downtown Riverside. Inside, the thoughtfully designed floor plan provides room for everyone, featuring five spacious bedrooms, a dedicated study, multiple gathering spaces, and an abundance of natural light throughout. Formal living and dining rooms create an elegant setting for entertaining, while the generous family room serves as the heart of the home with its inviting fireplace, wet bar, and ample space for hosting family and friends. The kitchen is designed for both function and comfort, offering extensive workspace, abundant cabinetry, and a casual dining area that overlooks the surrounding greenery. A separate game room provides additional flexibility for recreation, hobbies, or multi-generational living needs. The primary suite and secondary bedrooms are generously sized, creating comfortable retreats throughout the home. Recent updates enhance the home's move-in-ready appeal while preserving its timeless charm and architectural character. A standout feature of the property is the oversized 1,032-square-foot garage, offering exceptional space for vehicles, storage, hobbies, or a workshop. Above the garage, an expansive second-level bonus area provides incredible flexibility and has previously been used as a bedroom by the most recent tenant. Whether envisioned as a home gym, game room, playroom, art studio, office, additional storage, or future guest space, this bonus area presents endless possibilities for the next owner. Step outside and discover a true backyard sanctuary. A sparkling pool and spa are surrounded by mature landscaping, expansive lawn areas, and an established fruit orchard, creating an ideal setting for entertaining, relaxing, or enjoying Riverside's year-round outdoor lifestyle. Large homes on secluded lots in Hawarden Hills are seldom available. Offering generous living space, incredible flexibility, resort-style outdoor amenities, and unique bonus areas rarely found in today's market, this is an exceptional opportunity to own a signature property in one of Riverside's most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 2.0 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,113 | 1,723 |
| Lot Size | 34,848 | 8,712 |
| Price | $1.39M | $676.0K |
| Price per sq ft | $338 | $395 |
| Built year | 1964 | 1977 |
| HOA | $0 | $125 |
| Days on market | 26 | 58 |
Jun 26, 2026
$1,390,000
Initial Listing
May 9, 2013
$650,000
Public Record