24321 Barley Road, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath
24321 Barley Road
Moreno Valley, California 92557
Property Price
SUMMARY
Analysis of 24321 Barley Road, Moreno Valley, California 92557 reveals a Prime Investment Opportunity with a current list price of $580,000—significantly undercutting the $623,040 Fair Market Value by 6%. This valuation gap indicates a +$43,040 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 |
|---|---|---|---|---|---|---|
★ 24321 Barley Road Subject | $580,000* List Price | 4 | 3 | 2,220 | $281 | - |
A 23702 Cedar Creek Sold | $601,000 | 4 | 3 | 2,012 | $299 | 0.7 mi |
B 10560 Canyon Vista Road Sold | $500,000 | 4 | 2 | 1,922 | $260 | 0.3 mi |
C 24118 Forsyte Street Sold | $540,000 | 4 | 3 | 2,210 | $244 | 0.3 mi |
D 24735 Thornberry Circle Sold | $565,000 | 5 | 3 | 2,363 | $239 | 0.4 mi |
E 10479 Sagecrest Drive Sold | $649,000 | 5 | 3 | 2,026 | $320 | 0.4 mi |
F 10117 Thrasher Sold | $584,000 | 4 | 3 | 2,150 | $272 | 0.9 mi |
G 24049 Barley Road Active | $635,000 List Price | 4 | 2 | 2,017 | $315 | 0.2 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 updates that elevate it above its 1986 build date. Key improvements include a renovated kitchen with newer cabinetry and countertops, recessed lighting, plantation shutters, and a valuable paid-off solar system. The home appears well-maintained with functional systems and modern aesthetic touches in the primary suite and living areas.
PROSSTRENGTHS & OPPORTUNITIES
- Paid-Off Solar System
The property features a fully paid-off solar system, offering the new homeowner immediate energy efficiency and significant long-term savings on utility bills.
- Premium Community Amenities
Located in the desirable Sunnymead Ranch, residents gain access to an extensive array of amenities including a private lake, gated clubhouse, pool, and various sports courts.
- Versatile Living Space
The floor plan includes four spacious bedrooms plus a flexible downstairs bonus room and a three-car garage, providing ample room for a home office, gym, or large family.
CONSRISKS & DEFICIENCIES
- Age-Related Modernization
While the kitchen is updated, the 1986 construction may necessitate further investments in other areas of the home to align with modern design trends and system standards.
- Recurring Association Fees
The property is subject to a monthly HOA fee, which increases the fixed monthly carrying costs compared to homes in non-association neighborhoods.
About 24321 Barley Road
Welcome to Sunnymead Ranch! This spacious 4-bedroom, 2.5-bathroom home with a versatile bonus room is located just minutes from Sugar Hill Elementary School. Offering great curb appeal with mature trees, a large driveway, and a 3-car garage, this home is perfect for those who need extra parking and love a warm, welcoming exterior. Inside, you’ll be greeted by soaring ceilings and a grand staircase, setting a dramatic tone. To the right, the living room features a cozy fireplace and a large window that fills the space with natural light. The kitchen has been beautifully updated with newer cabinets and countertops, and charming plantation shutters that extend into the adjoining family room—ideal for relaxing, entertaining, or converting into a formal dining space. Throughout the home, you’ll find recessed lighting, ceiling fans, and plenty of windows that allow for abundant natural light. In addition, this property comes with a paid-off solar system, allowing you to enjoy energy savings and avoid high electric bills. Downstairs also includes a bonus room that can serve as a home office, gym, or potential fifth bedroom, along with a convenient laundry room and half bathroom. Upstairs, you’ll find four generously sized bedrooms. The primary suite is a true retreat, offering enough space for all your favorite furniture, a private balcony perfect for enjoying your morning coffee, and an en-suite bathroom with dual sinks, a walk-in shower, and an oversized closet. The three additional upstairs bedrooms are spacious and versatile, perfect for family members or guests. Step outside to a backyard that features a lattice patio cover and plenty of space to create your dream outdoor oasis. This home is part of the highly desirable Sunnymead Ranch Homeowners Association, which offers an impressive array of amenities including a private gated clubhouse, swimming pool, spa, sports courts, pickleball court, playgrounds, BBQ areas, picnic spaces, and even a lake where you can go fishing. With its prime location near top-rated schools, shopping, and easy highway access—and the added bonus of a paid-off solar system—this home offers both comfort and value in a beautiful community setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $127.0 / Month
Neighborhood Insights
Moreno Valley Unified Schools
Sugar Hill Elementary School
Grades K-5 • 0.1 mi
Midland Elementary School
Grades K-5 • 0.6 mi
Hidden Springs Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,220 | 1,817 | 78% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $580.0K | $565.0K | 57% |
| Price per sq ft | $261 | $323 | 17% |
| Built year | 1986 | 1987 | 43% |
| HOA | $127.0 | $0 | 81% |
| Days on market | 2 | 177 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$580,000
Initial Listing
Sold
Mar 6, 2017
$325,000
Public Record
Sold
Oct 9, 2009
$180,000
Public Record
Sold
Jun 16, 2006
$450,000
Public Record
Sold
Jun 18, 2003
$250,000
Public Record