2158 Ranchwood, Riverside, California 92506, Riverside, 92506 - 4 bed, 2 bath
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2158 Ranchwood
Riverside, California 92506
ACTIVE
CONDITION: GOOD
4Beds
2Baths
3,107Sq Ft
11,761Lot Size
Property Price
LIST PRICE$849,900
EST. MARKET VALUE
$874,792
SUMMARY
This Spacious Canyon Crest Residence is a High-Potential Investment Opportunity, listed at $849,900—positioned well below the $874,792 Fair Market Value by 2%. This valuation gap offers $24,892 in Instant Equity. Featuring a 3,107 sq ft floor plan with a 610 sq ft ADU-ready addition and a 770 sq ft garage, the home maintains a Condition Rating of 3. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property in the Riverside Unified school district.
Estimated Market Value
$874,792
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2158 Ranchwood Subject | $849,900* List Price | 4 | 2 | 3,107 | $282 | - |
A 5306 Bardwell Sold | $810,000 | 4 | 2 | 2,439 | $332 | 1.0 mi |
B 2188 Ranchwood Place Sold | $825,000 | 4 | 3 | 2,760 | $299 | 0.1 mi |
C 6282 Shaker Drive Sold | $980,000 | 5 | 3 | 2,817 | $348 | 0.8 mi |
D 1420 Timberlane Sold | $787,000 | 5 | 4 | 2,714 | $290 | 0.7 mi |
E 6140 Windemere Way Sold | $749,000 | 4 | 3 | 2,127 | $352 | 0.5 mi |
F 6266 Shaker Sold | $788,000 | 4 | 3 | 2,544 | $310 | 0.8 mi |
G 6163 Academy Active | $799,000 List Price | 5 | 3 | 2,422 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1974 but exceptionally well-maintained and turnkey. The kitchen features updated stone countertops and modern stainless steel appliances, though the oak cabinetry is dated. The interior shows newer laminate flooring and recessed lighting, and the property includes a clean, functional 610 sq ft addition, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Conversion Potential
The 610-square-foot addition with a mezzanine level provides a significant opportunity for an ADU conversion, offering versatility for multi-generational living or rental income.
- Extensive Parking and Storage
The property features a massive 770-square-foot three-car garage and a large driveway with RV parking, a rare and highly valuable asset for homeowners with multiple vehicles or recreational toys.
- Prime Turnkey Location
Located in the prestigious Canyon Crest neighborhood, this well-maintained, turnkey home allows buyers to move in immediately while benefiting from a highly desirable school district.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3107, other record living area = 2497. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Low Bathroom-to-Square-Footage Ratio
With over 3,100 square feet of living space and four bedrooms, having only two bathrooms may be a functional drawback for larger families or entertaining.
- Lack of Scenic Views
The property listing indicates no views, which may be a competitive disadvantage in a neighborhood like Canyon Crest where many homes offer elevated or city-light perspectives.
About 2158 Ranchwood
VERY CLEAN and TURNKEY! Well maintained 4 bedroom home in very desirable Canyon Crest neighborhood of Riverside. 610 Square foot addition with mezzanine level is perfect for ADU conversion. RV parking in large driveway along with a 3 car 770 square foot garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 3,107 | 1,867.892 |
| Lot Size | 11,761 | 8,787.773 |
| Price | $849.9K | $692.3K |
| Price per sq ft | $274 | $386 |
| Built year | 1974 | 1980 |
| HOA | $0 | $151 |
| Days on market | 32 | 55 |
Pricing History
Listed for Sale
Aug 8, 2026
$849,900
Initial Listing