231 Hillandale Court, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Single-Story View Home represents a Strategic Value Buy, listed at $595,000—positioned below the $605,867 Fair Market Value by 1%. This valuation gap offers $10,867 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the property features stunning mountain views, a spacious 8,276 sq. ft. lot, and a private patio. Located in the Riverside Unified district near UC Riverside, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors targeting high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 Hillandale Court Subject | $595,000* List Price | 3 | 2 | 1,456 | $416 | - |
A 194 W Blaine Street Sold | $570,000 | 4 | 2 | 1,350 | $422 | 0.6 mi |
B 3085 Flanders Rd Sold | $550,000 | 3 | 2 | 1,329 | $414 | 1.0 mi |
C 3415 Valencia Hill Sold | $585,000 | 3 | 2 | 1,398 | $418 | 0.6 mi |
D 230 E Blaine Sold | $640,000 | 4 | 2 | 1,512 | $423 | 0.5 mi |
E 3165 Celeste Drive Sold | $635,000 | 4 | 2 | 1,424 | $446 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the home shows signs of age with some partial updates. The kitchen features newer wood-look tile flooring, but the cabinetry and tile countertops are dated. Living areas and bedrooms have worn carpeting and popcorn ceilings. While functional and maintained, the property requires cosmetic updates to the kitchen, bathrooms, and flooring to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1456.
Situated on a quiet cul-de-sac near the university, this property offers a peaceful residential setting with high rental demand potential for investors.
The home features stunning, unobstructed mountain views, providing a serene backdrop and significant aesthetic value to the living space.
Built in 1960, the property may require modern updates to its core systems or interior finishes to meet contemporary buyer expectations.
At 1,456 sq. ft., the living space is relatively modest, which may limit options for larger families or those seeking expansive secondary bedrooms.
Welcome home to your single-story home with gorgeous mountain views. It is nestled on a cul-de-sac within a lovely neighborhood. Close by the university so could also be a great rental investment. It features 3 bedrooms, an oversized living room with a fireplace. The back yard is spacious for entertaining, family living and pet friendly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,456 | 1,739.5 | 36% |
| Lot Size | 8,276 | 8,276 | 50% |
| Price | $595.0K | $650.5K | 34% |
| Price per sq ft | $409 | $388 | 63% |
| Built year | 1960 | 1974 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 189 | 1% |
Mar 30, 2026
$595,000
Initial Listing
May 29, 2014
$308,000
Public Record
May 21, 1996
$122,000
Public Record