23886 Pine Field, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
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Moreno Valley, California 92557
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned above the $492,855 Fair Market Value. While the price reflects a premium, the home offers significant upside through its Condition Rating of 4, providing a clear path to build equity via cosmetic modernization. The 8,276 sqft lot and access to Sunnymead Ranch amenities—including a private lake and fitness center—add substantial long-term value. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to personalize a well-located, single-story asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23886 Pine Field Subject | $525,000* List Price | 3 | 2 | 1,441 | $342 | - |
A 24568 Wind Flower Dr Sold | $548,000 | 3 | 3 | 1,472 | $372 | 0.7 mi |
B 23760 Redbark Sold | $522,500 | 3 | 2 | 1,441 | $363 | 0.2 mi |
C 24464 Chippewa Sold | $540,000 | 3 | 2 | 1,316 | $410 | 0.7 mi |
D 10904 Fenton Rd Sold | $540,000 | 3 | 2 | 1,667 | $324 | 0.3 mi |
E 23573 Lake Valley Drive Sold | $485,000 | 4 | 2 | 1,570 | $309 | 0.4 mi |
F 23757 Cockatiel Sold | $519,000 | 3 | 2 | 1,383 | $375 | 0.9 mi |
G 10960 Village Pending | $450,000 List Price | 3 | 2 | 1,443 | $312 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (39 years old), the property is dated and shows signs of wear consistent with its age. The bathroom features original dark wood cabinetry with visible finish degradation and older fluorescent light boxes. The listing description confirms the need for 'TLC and updating' to build equity, indicating that while functional and move-in ready, the home requires cosmetic modernization and minor repairs.
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 = 1441.
Situated in the highly desirable Sunnymead Ranch, the property offers access to exclusive amenities including a private lake, clubhouse, fitness center, and tennis courts, significantly enhancing lifestyle value.
The home is priced and positioned as a 'fixer-upper' opportunity, allowing investors or first-time buyers to build immediate sweat equity through cosmetic updates and personalized renovations.
The property requires 'TLC' and updating, which implies immediate out-of-pocket expenses for repairs and modernization upon acquisition.
Built in 1987, the home may feature original mechanical systems and structural components that are nearing the end of their functional lifespan, potentially leading to near-term replacement costs.
Welcome to this charming single-story 3-bedroom, 2-bathroom home located in the highly desirable Sunnymead Ranch community. Situated on a spacious lot, this property offers plenty of room to create your ideal outdoor retreat, whether you envision a garden, entertaining space, play area, or future enhancements. Inside, you'll find a functional floor plan with comfortable living spaces, generously sized bedrooms, and abundant natural light throughout. This home presents a wonderful opportunity for buyers looking to add their personal touch and build equity, as it could benefit from a little TLC and updating. As a resident of Sunnymead Ranch, you'll enjoy access to outstanding community amenities, including a private lake, clubhouse, swimming pool, fitness center, tennis courts, parks, and scenic walking trails. Conveniently located near shopping, dining, schools, and major commuter routes, this property combines location, potential, and value. Whether you're a first-time buyer, investor, or someone looking for a home to make your own, this is an opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,441 | 1,765 | 26% |
| Lot Size | 8,276 | 7,841 | 56% |
| Price | $525.0K | $565.0K | 26% |
| Price per sq ft | $364 | $324 | 69% |
| Built year | 1987 | 1987 | 50% |
| HOA | $133.0 | $0 | 87% |
| Days on market | 8 | 147 | 2% |
May 29, 2026
$525,000
Initial Listing
Aug 21, 1998
$118,000
Public Record
May 31, 1996
$117,500
Public Record
Mar 16, 1994
$9,000
Public Record