23929 Pine Field Drive, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
23929 Pine Field Drive
Moreno Valley, California 92557
Property Price
SUMMARY
Analysis of 23929 Pine Field Drive, Moreno Valley, California 92557 reveals a Prime Investment Opportunity with a current list price of $539,000—significantly undercutting the $563,467 Fair Market Value by 4%. This valuation gap indicates a +$24,467 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Moreno Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23929 Pine Field Drive Subject | $539,000* List Price | 3 | 2 | 1,534 | $367 | - |
A 24421 Barley Sold | $472,000 | 3 | 2 | 1,667 | $283 | 0.5 mi |
B 23760 Redbark Sold | $522,500 | 3 | 2 | 1,441 | $363 | 0.2 mi |
C 23639 Lake Valley Drive Sold | $530,000 | 4 | 2 | 1,570 | $338 | 0.3 mi |
D 11412 Pickford Way Sold | $527,000 | 3 | 2 | 1,516 | $348 | 0.7 mi |
E 24185 Rimview Road Sold | $559,900 | 3 | 2 | 1,468 | $381 | 0.4 mi |
F 11606 Kasba Circle Sold | $540,000 | 4 | 2 | 1,559 | $346 | 0.9 mi |
G 24410 Rimview Active | $560,000 List Price | 3 | 2 | 1,526 | $367 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows clear evidence of significant updates despite its 1987 build date. The kitchen has been modernized with stone countertops, stainless steel appliances, and updated cabinetry. Both bathrooms feature updated vanities, modern lighting, and contemporary tile work in the showers. The interior is well-maintained with consistent laminate wood-look flooring, neutral paint, and vaulted ceilings that enhance the modern feel. While it is not a brand-new construction, the level of renovation and maintenance places it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7405, living area = 1534.
- Extensive Community Amenities
Situated in the Sunnymead Ranch planned community, the property offers access to a clubhouse, fitness center, pool, spa, and multiple sports courts, providing a high-quality lifestyle for residents.
- Functional Single-Level Design
The home features a desirable single-story layout with vaulted ceilings, two separate living spaces, and dual fireplaces, offering both accessibility and a spacious interior feel.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Potential for Modernization
Built in 1987, the property may require cosmetic updates or modern upgrades to its original features to meet the aesthetic preferences of contemporary buyers.
- Average School Ratings
The local schools serving the area have modest ratings ranging from 3 to 6, which may be a drawback for families specifically seeking top-tier educational performance.
About 23929 Pine Field Drive
Welcome Home! 23929 Pine Field Drive is a single level home in the desirable Sunnymead Ranch planned community in the hills of Moreno Valley. Home features include vaulted ceilings, custom stone wall, covered patio, three car garage, private fenced yard, primary bedroom fireplace, family room brick fireplace and two separate living spaces. Community amenities include a clubhouse with meeting room, fitness center, kitchen, tennis courts, volleyball courts, pool, spa, walking trails and playground.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $133.0 / Month
Neighborhood Insights
Moreno Valley Unified Schools
Sugar Hill Elementary School
Grades K-5 • 0.5 mi
Midland Elementary School
Grades K-5 • 0.7 mi
Hidden Springs Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,534 | 1,809 | 33% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $539.0K | $562.0K | 34% |
| Price per sq ft | $351 | $324 | 62% |
| Built year | 1987 | 1987 | 50% |
| HOA | $133.0 | $0 | 95% |
| Days on market | 8 | 177 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$539,000
Initial Listing
Sold
May 12, 2016
$305,000
Public Record
Sold
Jan 7, 2015
$280,000
Public Record