23247 Montalvo, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath
Loading property details...
Moreno Valley, California 92557
This Spacious Single-Level Residence represents a Strong Value Opportunity, currently listed at a List Price of $700,000, which aligns with its $700,000 Fair Market Value. While the home maintains a Condition Rating of 4, its expansive 11,325 sqft lot and rare on-site RV parking provide significant utility for long-term appreciation. The open-concept floor plan offers a functional foundation for cosmetic updates to modernize the interior. This property is an ideal acquisition for Owner-Occupants seeking a customizable home or Buy-and-Hold Investors targeting the Sunnymead Ranch market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23247 Montalvo Subject | $700,000* List Price | 4 | 3 | 2,646 | $257 | - |
A 23425 Lawless Road Sold | $745,000 | 4 | 3 | 2,645 | $282 | 0.3 mi |
B 23039 Montalvo Sold | $600,000 | 4 | 3 | 1,983 | $303 | 0.2 mi |
C 22936 Brookhollow Sold | $600,000 | 4 | 3 | 1,798 | $334 | 0.5 mi |
D 23740 Heliotrope Sold | $726,000 | 5 | 4 | 3,270 | $222 | 0.5 mi |
E 23074 Sienna Sold | $590,000 | 4 | 3 | 1,895 | $311 | 0.2 mi |
F 10049 Cartagena Sold | $590,000 | 4 | 2 | 2,143 | $275 | 0.6 mi |
G 22619 Country Crest Sold | $728,000 | 3 | 3 | 2,690 | $271 | 0.6 mi |
H 10011 Thornbird Court N Active | $899,900 List Price | 4 | 3 | 2,653 | $339 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the home is functional but dated. The kitchen retains original white tile countertops and appliances, and the interior features older blue carpeting and standard builder-grade fixtures that require updating 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 = 11325, living area = 2646.
The 2,646 sqft single-story floor plan offers a highly desirable open-concept flow and accessibility, catering to a wide range of buyers from growing families to those seeking long-term mobility.
The expansive 11,325 sqft lot includes dedicated on-site RV parking, a premium feature that provides ample space for boats, trailers, or large coaches.
With 203 days on the market, the property has significantly exceeded the average selling time for the area, which may lead to buyer skepticism regarding its value or condition.
A recent $50,000 price reduction indicates that the property was initially overpriced, which may result in further aggressive negotiations from savvy buyers.
Single-level living in Sunnymead Ranch. This inviting 4-bedroom, 3-bath home offers light-filled living and dining areas with an easy, open flow. The kitchen features ample counter space, a practical island, and clear sightlines to the family room—ideal for everyday gatherings. The private primary suite includes a walk-in closet and a well-appointed en-suite bath. Three additional bedrooms and two full baths provide comfortable space for family, guests, or a dedicated office. Outside, enjoy a low-maintenance backyard with room to dine and entertain, plus on-site RV parking for your coach, trailer, or boat. Convenient located close to shopping, schools, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,646 | 1,782 |
| Lot Size | 11,325.6 | 6,970 |
| Price | $700.0K | $550.3K |
| Price per sq ft | $265 | $321 |
| Built year | 2002 | 1989 |
| HOA | $0 | $132 |
| Days on market | 256 | 58 |
May 27, 2026
$700,000
$750,000
-7% Price Drop
Initial Listing
Nov 8, 2025
$750,000
Initial Listing
Sep 4, 2002
$269,000
Public Record