
Riverside, California 92506
This Turnkey Condominium represents a Strong Value Opportunity, listed at $649,800—positioned well below the $585,317 Fair Market Value by -11%. While the list price exceeds the current estimation, the property offers a Good Condition Rating with premium upgrades, including a 5.1 surround sound system and motorized blinds. Residents enjoy a low-maintenance lifestyle in the gated Sunset Ridge community, featuring panoramic city-light views, two pools, and tennis courts. This residence is an ideal acquisition for Owner-Occupants seeking resort-style living or Buy-and-Hold Investors prioritizing location and amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2235 El Capitan Subject | $649,800* List Price | 3 | 3 | 1,789 | $328 | - |
A 2250 El Capitan Sold | $550,000 | 3 | 3 | 1,993 | $276 | 0.0 mi |
B 2944 Hyde Park Circle Sold | $540,000 | 2 | 2 | 1,405 | $384 | 0.9 mi |
C 6567 Carioca Lane Active | $549,000 List Price | 3 | 3 | 1,528 | $359 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features significant upgrades that place it in the 'Good' category. The kitchen has been renovated with wood cabinetry and stainless steel appliances, and the home features modern amenities like wood flooring, motorized blinds, and integrated surround sound. The property appears well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
The residence offers exceptional city-light, hillside, and canyon views from multiple vantage points, including a private patio and two balconies, maximizing the indoor-outdoor California lifestyle.
The home is equipped with high-end features including motorized remote-controlled blinds, a professional 5.1 surround sound system with in-ceiling speakers, and a finished epoxy garage with smart sensor cooling.
Located in the gated Sunset Ridge community, the HOA provides a low-maintenance lifestyle by covering structural insurance, water, and exterior maintenance, alongside access to pools and tennis courts.
Built in 1972, the property is over 50 years old and is a condominium, which may deter buyers specifically looking for newer construction or the privacy of a detached single-family home.
The property has been on the market for 54 days and has already undergone a significant price reduction of nearly $50,000, suggesting potential challenges in meeting current buyer price expectations.
Perched high above the city in the highly desirable gated community of Sunset Ridge in Canyon Crest, this beautifully upgraded 3-bedroom, 2.5-bath residence offers approximately 1,789 square feet of thoughtfully designed living space with breathtaking panoramic city-light and hillside views. Expansive windows fill the home with natural light, highlighting rich wood flooring throughout and creating a warm, inviting atmosphere. Designed for effortless indoor-outdoor living, the well-designed floor plan features multiple outdoor spaces, including a private patio overlooking panoramic city-light views and two private balconies that provide the perfect setting for spectacular sunsets and sparkling evening skylines. Living in Sunset Ridge offers a truly low-maintenance lifestyle. HOA dues include structural insurance, exterior maintenance, water, professional landscaping, pool service, and gopher pest control. Residents also enjoy two sparkling swimming pools, a tennis court, beautifully maintained grounds, and freshly paved private streets. The main living area is ideal for everyday living and entertaining, featuring a cozy fireplace, motorized remote-controlled blinds in the living and dining rooms, and a built-in wine refrigerator. A professionally installed 5.1 surround sound system with in-ceiling speakers, an in-wall subwoofer, integrated media wiring, AT&T media routing, and an included amplifier delivers premium audio throughout. The spacious primary suite features a custom walk-in closet and private balcony overlooking the Riverside skyline—an ideal place to enjoy peaceful mornings, colorful sunsets, and sparkling nighttime city views. The finished garage includes an epoxy-coated floor, custom built-in cabinetry, workbench, generous attic storage, and a smart sensor-activated cooling fan. Ideally located just minutes from UC Riverside, Canyon Crest Towne Centre, Sycamore Canyon Wilderness Park, scenic hiking and biking trails, golf courses, shopping, restaurants, coffee shops, healthcare facilities, and convenient access to the 91 and 60 freeways. Whether you're looking for a primary residence, a low-maintenance luxury home, or a long-term investment, this exceptional property combines panoramic views, premium upgrades, resort-style amenities, and an outstanding Canyon Crest location. Be sure to review the attached Features & Upgrades List to fully appreciate the extensive enhancements that make this home truly move-in ready.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,789 | 1,143.641 |
| Lot Size | - | 1,329.769 |
| Price | $649.8K | $397.1K |
| Price per sq ft | $363 | $365 |
| Built year | 1972 | 1982 |
| HOA | $460.0 | $377 |
| Days on market | 96 | 58 |
Jul 25, 2026
$649,800
$698,000
-7% Price Drop
Initial Listing
Jun 5, 2026
$698,000
Initial Listing
Aug 25, 2023
$627,500
Public Record
Sep 14, 2012
$295,000
Public Record
Sep 29, 2011
$255,000
Public Record
Jul 26, 2002
$203,363
Public Record