RealKey
‪(213) 433-7766‬

2357 Knob Hill Drive, Riverside, California 92506, Riverside, 92506 - 4 bed, 5 bath

2357 Knob Hill Drive, Riverside, California 92506 home-pic-0
ACTIVE UNDER CONTRACT$1,200,000
2357 Knob Hill Drive, Riverside, California 92506
4Beds
5Baths
3,970Sqft
50,965Lot

Price Vs. Estimate

The estimated value ($1,200,000) is $0 (0%) lower than the list price ($1,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts breathtaking panoramic views of the city, mountains, and pool from various vantage points, including expansive windows and a primary suite balcony.
Top Cons:
Property Age: Built in 1977, the property may feature older systems or design elements that, despite being meticulously maintained, could require future updates to meet modern preferences or efficiency standards.

Compared to the nearby listings

Price:$1.20M vs avg $728.8K (+$471,175)89%
Size:3,970 sqft vs avg 1,954 sqft92%
Price/sqft:$302 vs avg $3869%

More Insights

Built in 1977 (48 years old).
Condition: This property, built in 1977, is well-maintained and appears to have undergone renovations approximately 15-25 years ago. While functional, the kitchen features dated light grey cabinets, busy granite countertops, and black appliances that are not current. The bathrooms consistently show older style vanities, laminate or older granite countertops, and dated fixtures and tile work. The overall aesthetic, particularly in these key areas, is outdated, indicating a need for minor updates to meet modern buyer expectations. The property is aged but has been maintained, fitting the 'Fair' condition criteria.
Year Built
1977
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
25564891
Home ConditionFair
Features
Excellent View: City Lights, Hills, Mountain(s), Pool, Trees/Woods
Deck
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s),Pool,Trees/Woods

About this home

**Impressive Grand Estate with Rental Income Opportunity** Discover this impressive grand estate, ideally located on a hilltop, providing a peaceful sanctuary with panoramic views of the city and mountains. This property is an exceptional investment opportunity, currently occupied by a reliable tenant. Buyers can choose to retain this source of income or transform this stunning residence into their personal oasis.This beautiful home features 4 spacious bedrooms, 5 bathrooms, and a dedicated office, all meticulously maintained and designed for comfortable living. The main level is an entertainer's dream, featuring a custom bar, a welcoming fireplace, and expansive windows that frame captivating views of the pool deck, mountains, and flourishing palm trees. The warm ambiance is enhanced by elegant wood-beamed ceilings that add character to the space.The primary suite serves as a private retreat with large sliding glass doors that open to a luxurious balcony and sun deck. It also includes a generous walk-in closet and a beautifully appointed en-suite bathroom. The kitchen showcases superior craftsmanship and flows seamlessly to a large deck, perfect for enjoying stunning vistas of the surrounding landscape and pool. Nestled on over an acre of landscaped grounds, the property boasts a delightful fruit garden featuring orange, lemon, pomegranate, and grapefruit trees, perfect for those who appreciate fresh produce. The extensive driveway offers ample parking and easy access, complemented by additional outdoor storage solutions for convenience. Designed for versatility, this estate includes a separate bonus room that can function as a gym, extra bedroom, playroom, or family room ideal for multi-generational living and flexible use. This grand residence provides an unparalleled blend of natural beauty and functional living space, making it a perfect choice for both savvy investors and families seeking a remarkable home.

Nearby schools

5/10
Alcott Elementary School
Public,•K-6•0.3mi
4/10
Matthew Gage Middle School
Public,•7-8•1.1mi
7/10
Polytechnic High School
Public,•9-12•0.5mi
Condition Rating
Fair
This property, built in 1977, is well-maintained and appears to have undergone renovations approximately 15-25 years ago. While functional, the kitchen features dated light grey cabinets, busy granite countertops, and black appliances that are not current. The bathrooms consistently show older style vanities, laminate or older granite countertops, and dated fixtures and tile work. The overall aesthetic, particularly in these key areas, is outdated, indicating a need for minor updates to meet modern buyer expectations. The property is aged but has been maintained, fitting the 'Fair' condition criteria.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic views of the city, mountains, and pool from various vantage points, including expansive windows and a primary suite balcony.
Income Potential & Versatility: Currently tenant-occupied, offering immediate rental income, with the flexibility for buyers to retain the tenant or convert it to a personal residence. A separate bonus room adds versatility for multi-generational living or various uses.
Expansive & Landscaped Grounds: Situated on over an acre of meticulously landscaped grounds, featuring a delightful fruit garden and an extensive driveway providing ample parking and outdoor storage.
Entertainer's Dream Layout: The main level is designed for entertaining, complete with a custom bar, a welcoming fireplace, and large windows framing captivating views of the pool deck and mountains.
Luxurious Primary Suite: The primary suite offers a private retreat with a luxurious balcony, sun deck, generous walk-in closet, and a beautifully appointed en-suite bathroom.

Cons

Property Age: Built in 1977, the property may feature older systems or design elements that, despite being meticulously maintained, could require future updates to meet modern preferences or efficiency standards.
Tenant Occupancy: While offering income, the current tenant occupancy means an owner-occupant buyer would need to navigate lease terms and potential delays for immediate possession.
High Maintenance Potential: A grand estate on over an acre of landscaped land, likely with a pool (implied by 'pool deck' and 'pool views'), suggests significant ongoing maintenance costs and time commitment for the grounds and facilities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state