2510 Cloudcrest, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Spacious Hillside Residence is a Strong Value Opportunity, listed at $675,000—positioned well below the $720,114 Fair Market Value by 6%. This valuation gap provides $45,114 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with a newer roof (2019), HVAC (2022), and granite kitchen. The massive 27,007 sq ft lot and elevated deck offer stunning hillside views near UC Riverside. This property is an ideal match for Owner-Occupants seeking privacy or Buy-and-Hold Investors targeting the university's high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2510 Cloudcrest Subject | $645,000* List Price | 3 | 2 | 1,718 | $393 | - |
A 2275 Quartz Sold | $710,000 | 4 | 2 | 1,652 | $430 | 0.3 mi |
B 2530 Thayer Court Active | $714,900 List Price | 5 | 2 | 1,723 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades to major systems, including a newer roof (2019) and HVAC (2022). The interior has been updated with laminate flooring, granite countertops, and stainless steel kitchen appliances. While the 1969 build is reflected in the cabinet style and overall layout, the home is well-maintained with no immediate renovations required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27007, living area = 1718.
The property sits on a massive 27,007 sq ft lot in a quiet cul-de-sac, offering rare privacy, scenic hillside views, and significant potential for outdoor expansion or an ADU.
With a newer roof installed in 2019 and a high-efficiency HVAC system added in 2022, the home provides essential peace of mind and reduced immediate maintenance costs for the buyer.
Built in 1969 and marketed for its 'potential,' the interior likely requires cosmetic updates or a full remodel to align with contemporary luxury standards.
While the hillside setting offers views, the steep terrain of the large lot may limit usable flat yard space and increase the complexity and cost of landscaping maintenance.
Discover the potential of this beautifully situated residence in Riverside, ideally located near Spruce St & Watkins Dr and in close proximity to the prestigious University of California, Riverside. Nestled within a quiet cul-de-sac, this 3-bedroom, 2-bathroom home offers approximately 1,718 sq ft of living space on an expansive 27,007 sq ft lot, providing a rare blend of space, privacy, and scenic hillside surroundings. The home features a functional layout complemented by a newer HVAC system installed in October 2022 and a newer roof installed in late 2019, offering added peace of mind. The generously sized lot presents endless opportunities for outdoor living, entertaining, or future enhancements. Enjoy a peaceful street setting with hillside views and frequent wildlife sightings, ideal for those who appreciate nature and tranquility. With no HOA and convenient access to nearby amenities, schools, and commuter routes, this property offers both comfort and long-term potential in a highly desirable Riverside location. Per seller, the original owner/builder is believed to be the founder of Burning Man; buyer to independently verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,718 | 1,747 | 48% |
| Lot Size | 27,007 | 8,276 | 94% |
| Price | $645.0K | $651.0K | 47% |
| Price per sq ft | $375 | $387 | 46% |
| Built year | 1969 | 1974 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 189 | 1% |
Apr 19, 2026
$645,000
$675,000
-4% Price Drop
Initial Listing
Mar 31, 2026
$675,000
Initial Listing
Sep 27, 2019
$415,000
Public Record
Jan 26, 2016
$335,000
Public Record
Sep 19, 2014
$315,000
Public Record
Sep 24, 2010
$180,000
Public Record
Feb 14, 2006
$399,000
Public Record
Nov 7, 1996
$120,000
Public Record