24137 Pleasant Run Road, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
24137 Pleasant Run Road
Moreno Valley, California 92557
Property Price
SUMMARY
Analysis of 24137 Pleasant Run Road, Moreno Valley, California 92557 reveals a Prime Investment Opportunity with a current list price of $550,000—significantly undercutting the $586,771 Fair Market Value by 6%. This valuation gap indicates a +$36,771 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 |
|---|---|---|---|---|---|---|
★ 24137 Pleasant Run Road Subject | $550,000* List Price | 3 | 2 | 1,667 | $352 | - |
A 24223 Harvest Road Sold | $560,000 | 3 | 2 | 1,667 | $336 | 0.2 mi |
B 24421 Barley Sold | $472,000 | 3 | 2 | 1,667 | $283 | 0.3 mi |
C 11412 Pickford Way Sold | $527,000 | 3 | 2 | 1,516 | $348 | 0.8 mi |
D 23760 Redbark Sold | $522,500 | 3 | 2 | 1,441 | $363 | 0.4 mi |
E 24537 Meadow Grass Way Sold | $575,000 | 4 | 3 | 1,707 | $337 | 0.5 mi |
F 10560 Canyon Vista Road Sold | $500,000 | 4 | 2 | 1,922 | $260 | 0.4 mi |
G 10904 Fenton Rd Active Under Contract | $540,100 List Price | 3 | 2 | 1,667 | $324 | 0.1 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 features significant recent upgrades that elevate it above the 'Fair' category despite its 1985 build date. Key improvements include a remodeled kitchen with granite countertops and stainless steel appliances, upgraded laminate wood flooring throughout, and new windows. Additionally, the home boasts high-value modern systems such as paid solar, EV charging capabilities, and a recently refinished saltwater pool with a quartz bottom. While the bathrooms are not explicitly detailed as fully renovated, the overall level of maintenance and the modernization of major components align with the 'Good' condition criteria.
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 = 1667.
- Premium Outdoor Amenities
The property features a recently refinished saltwater pool with a quartz bottom and Baja shelf, complemented by a covered patio and stunning mountain views.
- Energy Efficiency & Modern Upgrades
Equipped with fully paid solar panels, EV charging capabilities in a 3-car garage, and dual whole-house fans, providing significant long-term utility savings.
CONSRISKS & DEFICIENCIES
- Moderate School Ratings
The local schools serving this address have ratings ranging from 3 to 6, which may be a consideration for families prioritizing top-tier educational districts.
- Recurring HOA Costs
The mandatory $123 monthly association fee adds to the ongoing cost of ownership, which may impact the budget for some prospective buyers.
About 24137 Pleasant Run Road
Welcome to Sunnymead Ranch! Single story 3 bedrooms, 2 bath, POOL home with gorgeous VIEWS! This property features an open ranch style floor plan with upgraded laminate wood flooring throughout. Remodeled kitchen with stainless steel range, hood and dishwasher, full sink and granite countertops. This home has beautiful views of the mountains in the front yard. The master bedroom opens up to the pool and backyard which also features gorgeous views. The gorgeous backyard has a saltwater pool, covered patio with synthetic grass and vinyl fencing. Amenities include new windows, pool with quartz bottom and Baja shelf. SOLAR IS PAID. This home also has two "quiet cool and whole house" fans. Washer and dryer hook up inside the home, hook up for water softener and security system. 3 car attached garage with a panel and line for electric car charging. Updated windows. Paid SOLAR. Pool recently refinished. Enjoy the HOA amenities - community clubhouse, a lake with fishing, tennis, volleyball and basketball courts, walking trails, and pool and spa. This home truly has it all! Call today to schedule a private tour!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- 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
- $123.0 / Month
Neighborhood Insights
Moreno Valley Unified Schools
Sugar Hill Elementary School
Grades K-5 • 0.4 mi
Midland Elementary School
Grades K-5 • 0.5 mi
Hidden Springs Elementary School
Grades K-5 • 1.3 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 | 1,667 | 1,809 | 40% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $550.0K | $562.0K | 44% |
| Price per sq ft | $330 | $324 | 52% |
| Built year | 1985 | 1987 | 32% |
| HOA | $123.0 | $0 | 79% |
| Days on market | 3 | 177 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$550,000
Initial Listing
Sold
Jun 28, 2021
$500,000
Public Record
Sold
Oct 9, 2008
$203,000
Public Record
Sold
Sep 1, 2006
$430,000
Public Record
Sold
Nov 19, 2003
$245,000
Public Record