
Moreno Valley, California 92551
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $350,000—positioned well above the $297,667 Fair Market Value by -17%. While the list price exceeds the current valuation, the property offers a Good Condition Rating with modern upgrades like Granite Kitchen countertops and stainless steel appliances. Residents benefit from resort-style amenities, including a pool, spa, and lake access. This residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a secure, low-maintenance lifestyle in a prime Moreno Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25812 Iris Subject | $350,000* List Price | 2 | 2 | 1,064 | $280 | - |
A 25880 Iris Avenue A Sold | $360,000 | 2 | 2 | 1,064 | $338 | 0.1 mi |
B 25882 Iris Unit B Sold | $349,900 | 2 | 3 | 1,444 | $242 | 0.1 mi |
C 25868 Iris Avenue B Sold | $365,000 | 2 | 3 | 1,444 | $253 | 0.1 mi |
D 25898 Iris Active | $340,000 List Price | 2 | 2 | 1,064 | $320 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready, featuring a functional kitchen with solid granite countertops, stainless steel appliances, updated laminate flooring, and central AC.
Residents benefit from the extensive Moreno Valley Ranch HOA facilities, including a swimming pool, spa, fitness center, sports courts, and exclusive lake access.
Built in 2006, the interior features contemporary upgrades such as granite countertops, stainless steel appliances, and durable laminate flooring, making it move-in ready.
Situated in the gated Palacio De Oro community, the property is within walking distance to Kaiser Permanente and minutes from Lake Perris and major commuter routes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1097, other record lot size in square feet = 1306.
Although the living space is single-level, the ground-floor foyer requires stairs to access the main area, which may deter buyers with mobility concerns.
The monthly association fee of $333.38 represents a significant recurring cost that may impact the overall affordability for entry-level buyers.
Sleek, modern, and dog-approved low-maintenance living awaits at 25812 Iris Ave, Unit A in the gated Palacio De Oro community. Perfect for buyers ready to ditch rent and build equity, this pet-friendly sanctuary features a private ground-floor foyer entry that leads upstairs to a spacious, light-filled living area all on one single level. The open-concept layout highlights durable laminate flooring for easy cleanups and a stylish kitchen equipped with solid granite countertops, ample cabinetry, a pantry, and full stainless steel appliances including a gas range with oven, built-in microwave, and dishwasher. The primary suite offers a generous walk-in closet and en-suite bath with dual vanities, while the flexible second bedroom easily functions as a home office, quiet gym, or guest space. Enjoy your morning coffee on the private balcony, along with in-unit upper-level laundry, central AC, and direct-access garage parking. Residents enjoy full resort-style amenities through the Moreno Valley Ranch HOA, including a swimming pool, spa, fitness center, clubhouse, tennis and basketball courts, playground, and scenic lake access. Ideally situated within walking distance to Kaiser Permanente Hospital and minutes from Lake Perris, local dining, shopping, transit, and major commuter routes, this turnkey residence offers an unbeatable combination of convenience, security, and lifestyle. Schedule your private tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,064 | 1,399.25 |
| Lot Size | 1,097 | 1,429.333 |
| Price | $350.0K | $382.9K |
| Price per sq ft | $329 | $263 |
| Built year | 2006 | 2001 |
| HOA | $333.38 | $394 |
| Days on market | 7 | 73 |
Sep 2, 2026
$350,000
Initial Listing
Mar 24, 2023
$369,000
Public Record
Jan 4, 2023
$333,500
Public Record
Feb 28, 2020
$230,000
Public Record
Jan 19, 2017
$166,500
Public Record
Aug 13, 2013
$125,000
Public Record
Mar 24, 2010
$64,000
Public Record
Oct 13, 2006
$246,000
Public Record