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2335 Powell Drive, Rialto, California 92377, Rialto, 92377 - 3 bed, 3 bath

2335 Powell Drive, Rialto, California 92377 home-pic-0
ACTIVE UNDER CONTRACT$530,000
2335 Powell Drive, Rialto, California 92377
3Beds
3Baths
1,705Sqft
3,898Lot

Price Vs. Estimate

The estimated value ($530,000) is $0 (0%) lower than the list price ($530,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Extensive Upgrades: Built in 2023, this 'better than new' home boasts over $50,000 in premium upgrades including a paid solar system, smart home technology, luxury vinyl plank flooring, 3M tinted windows, a tankless water heater, and a beautifully finished backyard, offering a truly move-in ready and modern living experience.
Top Cons:
High Monthly Association Fees: The $279.0 monthly association fee is a significant recurring expense that adds to the cost of homeownership and may be a deterrent for budget-conscious buyers.

Compared to the nearby listings

Price:$530.0K vs avg $660.0K ($-130,000)9%
Size:1,705 sqft vs avg 1,979 sqft28%
Price/sqft:$311 vs avg $34030%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023, making it virtually brand new. The listing explicitly states 'Better than new!' and highlights over $50,000 in upgrades, including a paid solar system, luxury vinyl plank flooring, smart home technology, and upgraded appliances. The images confirm a modern kitchen with contemporary cabinetry, stainless steel appliances, and solid surface countertops, as well as new, clean bathrooms with modern fixtures and tiling. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2023
Close
-
List price
$530K
Original List price
$599K
Price/Sqft
$311
HOA
$279
Days on market
-
Sold On
-
MLS number
CV25194333
Home ConditionExcellent
Features
Patio
ViewMountain(s), Neighborhood

About this home

**Better than new!** This detached two-story home is located in the River Ranch Development, built by Lennar Homes, and comes loaded with upgrades. Enjoy a paid solar electric system, luxury vinyl plank flooring, 3M tinted windows for added energy efficiency, MyQ Smart Home technology, Ring Doorbell and ADT Command Touch Security, free high-speed internet by Hotwire, upgraded appliances, a tankless water heater, a beautifully finished backyard, and custom window treatments, valued over $50,000! The open-concept layout features a great room, dining room, modern kitchen, and half bath on the first level, with direct access to the 2-car garage. Upstairs, the primary suite includes an en suite bathroom with dual vanities, along with two additional bedrooms, a hall bath, and a versatile loft perfect for an office, playroom, or gaming area. Residents enjoy access to resort-style amenities including a clubhouse, pool, splash park, fire pits, outdoor kitchen, dog park, multiple parks, and more. Ideal location near the 210 and 15 Freeways, and the Renaissance Plaza, where you can enjoy shopping, dining, and entertainment. Don’t miss the chance to make this move-in-ready home yours—schedule a visit today!

Condition Rating
Excellent
This property was built in 2023, making it virtually brand new. The listing explicitly states 'Better than new!' and highlights over $50,000 in upgrades, including a paid solar system, luxury vinyl plank flooring, smart home technology, and upgraded appliances. The images confirm a modern kitchen with contemporary cabinetry, stainless steel appliances, and solid surface countertops, as well as new, clean bathrooms with modern fixtures and tiling. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Extensive Upgrades: Built in 2023, this 'better than new' home boasts over $50,000 in premium upgrades including a paid solar system, smart home technology, luxury vinyl plank flooring, 3M tinted windows, a tankless water heater, and a beautifully finished backyard, offering a truly move-in ready and modern living experience.
Resort-Style Community Amenities: Residents enjoy access to a wide array of resort-style amenities such as a clubhouse, pool, splash park, fire pits, outdoor kitchen, dog park, and multiple parks, significantly enhancing lifestyle and property value.
Energy Efficiency & Smart Home Integration: Features like a paid solar electric system, 3M tinted windows, MyQ Smart Home technology, Ring Doorbell, and ADT security system provide significant utility savings, modern convenience, and enhanced security for homeowners.
Strategic Location & Accessibility: The property's ideal location near the 210 and 15 Freeways offers excellent commuting options, while proximity to Renaissance Plaza provides convenient access to shopping, dining, and entertainment.
Strong Value Proposition: The current list price of $530,000 is notably below the estimated property value of $589,264.84, suggesting a favorable buying opportunity and potential for immediate equity.

Cons

High Monthly Association Fees: The $279.0 monthly association fee is a significant recurring expense that adds to the cost of homeownership and may be a deterrent for budget-conscious buyers.
Smaller Lot Size: With a lot size of 3898 sqft, the property offers limited outdoor space, which might not appeal to buyers seeking larger yards for recreation, gardening, or privacy.
Recent Price Reduction: The property experienced a substantial price drop from its original list price of $599,000 to $530,000. While it now offers better value, the history of a significant reduction could lead some buyers to question the initial pricing strategy or market demand.

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