24703 Lightning Way, Moreno Valley, California 92551, Moreno Valley, 92551 - 4 bed, 3 bath
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Moreno Valley, California 92551
This Turnkey Modern Residence is listed at $749,999, reflecting a premium for its extensive custom enhancements compared to the $671,107 Fair Market Value. Boasting an Excellent Condition Rating, this 2023 build features a $150,000 Professionally Landscaped Backyard and Paid-Off Solar, offering immediate lifestyle luxury and long-term energy savings. With Mountain and Greenbelt Views and a massive 12,950 SqFt Lot, the property provides rare privacy within the Val Verde School District. This is an exceptional sanctuary for growing families or Owner-Occupants seeking a move-in-ready masterpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24703 Lightning Way Subject | $749,999* List Price | 4 | 3 | 2,320 | $290 | - |
A 24889 El Braso Drive Sold | $635,000 | 4 | 2 | 2,107 | $301 | 0.2 mi |
B 24553 Lancer Place Sold | $674,000 | 5 | 3 | 2,948 | $229 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is virtually new and meets all current quality standards. The interior features a modern open floor plan with high-end finishes, including a contemporary kitchen with white shaker cabinetry, quartz countertops, a large island, and stainless steel appliances. The home also boasts premium upgrades such as wood-look flooring, recessed lighting, shutters, paid-off solar, and a $150,000 professionally landscaped backyard, showing no signs of wear or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12950, living area = 2320.
Built in 2023, this home offers the latest in modern building codes, energy efficiency, and contemporary design, ensuring minimal immediate maintenance for the buyer.
With approximately $150,000 invested in outdoor improvements, the backyard is a fully equipped, turnkey retreat for entertaining that far exceeds standard neighborhood offerings.
The list price was recently increased by $50,000, which may lead to appraisal challenges or buyer hesitation regarding the current market valuation.
The property was sold for $599,000 in late 2023; the current asking price of $749,999 represents a steep appreciation curve that may be difficult to justify despite the upgrades.
While the association fee is relatively low at $67, the presence of an HOA implies community restrictions that may limit certain homeowner freedoms or exterior modifications.
Welcome to this beautifully maintained 4-bedroom, 3-bathroom home situated on one of the largest lots in the neighborhood. This spacious property features a functional and open floor plan with bright living areas, generous bedrooms, and a well-appointed kitchen ideal for everyday living and entertaining. The expansive backyard is a true highlight, featuring approximately $150,000 in upgrades and fully equipped for entertaining and hosting gatherings. This private outdoor retreat offers ample space for outdoor dining, relaxation, and future customization, with an oversized lot that provides rare privacy and flexibility not commonly found in the area. The large lot also offers potential for additional outdoor amenities. This home includes fully paid-off solar, providing energy efficiency and long-term savings. Located in a desirable Moreno Valley community, the property is conveniently close to parks, shopping, dining, and major transportation routes. Nearby parks offer playgrounds, sports courts, walking trails, and picnic areas, providing excellent recreational opportunities. This property offers exceptional indoor and outdoor living space and is a standout opportunity in the area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,320 | 1,851 | 77% |
| Lot Size | 12,950 | 6,534 | 98% |
| Price | $750.0K | $545.0K | 94% |
| Price per sq ft | $323 | $315 | 55% |
| Built year | 2023 | 1990 | 79% |
| HOA | $67.0 | $0 | 64% |
| Days on market | 89 | 174 | 15% |
Feb 12, 2026
$749,999
$699,999
+7% Price Increase
Initial Listing
Jan 23, 2026
$699,999
Initial Listing
Sep 1, 2023
$599,000
Public Record