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23574 Lake Valley Drive, Moreno Valley, California 92557, Moreno Valley, 92557 - 6 bed, 4 bath

23574 Lake Valley Drive, Moreno Valley, California 92557 home-pic-0
ACTIVE$1,200,000
23574 Lake Valley Drive, Moreno Valley, California 92557
6Beds
4Baths
2,971Sqft
14,810Lot
Year Built
1988
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$404
HOA
$127
Days on market
-
Sold On
-
MLS number
CV25069721
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.20M(99th), sqft - 2971(97th), beds - 6(99th), baths - 4(98th).

Nestled within the sought-after Sunnymead Ranch Community, this property offers a unique two-in-one living arrangement. The main residence, a spacious two-story home, features 6 bedrooms, 4 bathrooms, and a loft, with an open-concept kitchen boasting granite countertops and solar panels for energy efficiency. Step outside to enjoy a private pool, spa and fire pit perfect for California living. The separate, modern ADU, spanning 607 sq ft, provides 2 bedrooms and 1.5 bathrooms, complete with A/C and its own solar system, ideal for guests or rental income. All of this is situated on a large lot, offering ample space for outdoor enjoyment. Beyond the property, Sunnymead Ranch offers a wealth of amenities, including a serene lake perfect for morning walks or fishing, a community pool and jacuzzi, tennis and basketball courts, a well-equipped gym, and organized yoga classes.

Nearby schools

6/10
Hidden Springs Elementary School
Public,•K-5•0.6mi
5/10
Sugar Hill Elementary School
Public,•K-5•1.0mi
4/10
Midland Elementary School
Public,•K-5•1.0mi
4/10
Vista Heights Middle School
Public,•6-8•0.5mi
3/10
Palm Middle School
Public,•6-8•2.6mi
5/10
Canyon Springs High School
Public,•9-12•0.5mi
5/10
Valley View High School
Public,•9-12•4.2mi
Condition Rating
Good
The property, built in 1988, features a main residence with an updated open-concept kitchen boasting granite countertops and stainless steel appliances, likely renovated within the last 10-15 years. Many areas have newer wood-look laminate flooring. While some bathrooms in the main house appear older or have highly personalized cosmetic updates, they are functional. The significant addition of a separate, modern ADU with its own recent, contemporary kitchen (grey shaker cabinets, subway tile, white appliances) and A/C, along with solar panels for both units, elevates the overall condition. The property is move-in ready with no immediate major renovations required, aligning with the 'Good' criteria for properties extensively renovated within 5 to 15 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2971.
Income-Generating ADU & Flexible Living: Features a separate, modern 2-bedroom, 1.5-bathroom ADU with its own solar system and A/C, offering significant potential for rental income, multi-generational living, or dedicated guest quarters.
Exceptional Outdoor Entertainment: Boasts a private pool, spa, and fire pit on a large 14,810 sq ft lot, providing an ideal setup for California outdoor living and entertaining.
Energy-Efficient Features: Both the main residence and the ADU are equipped with solar panels, contributing to reduced energy costs and a more sustainable lifestyle.
Spacious Family Home: The main residence offers a generous layout with 6 bedrooms, 4 bathrooms, and a loft across two stories, providing ample living space for a large family.
Premium Community Amenities: Located within the sought-after Sunnymead Ranch Community, residents benefit from access to a private lake, community pool, jacuzzi, tennis and basketball courts, a gym, and organized activities.

Cons

Age of Main Structure: Built in 1988, the main residence, despite some mentioned updates like the kitchen, may have older systems or components that could require future maintenance or upgrades not explicitly detailed.
Listing Price Exceeds Estimation: The current list price of $1.2M is approximately 8% higher than the property's estimated value of $1.108M, which could influence buyer perception and negotiation strategy.
Ongoing Association Fees: The monthly association fee of $127, while providing access to community amenities, represents a recurring cost that buyers must factor into their budget.

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