26255 Iris Ave A, Moreno Valley, California 92555, Moreno Valley, 92555 - 2 bed, 2 bath
ACTIVE$395,000
26255 Iris Ave A, Moreno Valley, California 92555
2Beds
2Baths
1,224Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Lake Views & Outdoor Spaces: The property boasts beautiful lake views, especially from one of its two private balconies, offering serene outdoor relaxation and enhancing desirability.
Top Cons:
High Association Fees: The monthly association fee of $393 is a significant recurring cost that buyers must factor into their budget, potentially impacting affordability.
Compared to the nearby listings
Price:$395.0K vs avg $395.0K (+$0)50%
Size:1,224 sqft vs avg 1,781 sqft33%
Price/sqft:$323 vs avg $23167%
More Insights
Built in 2006 (19 years old).
Condition: Built in 2006, this condominium is 18 years old and presents as move-in ready. The kitchen features modern white shaker-style cabinets, stainless steel appliances, and updated countertops and backsplash. Bathrooms have updated vanities and appear well-maintained. Hardwood flooring in the main living areas and tile in wet areas are in good condition. The property shows minimal wear and tear, with functional systems and no immediate renovation needs, fitting the 'Good' condition criteria.
Year Built
2006
Close
-
List price
$395K
Original List price
$400K
Price/Sqft
$323
HOA
$393
Days on market
-
Sold On
-
MLS number
250042469SD
Home ConditionGood
Features
Good View: River
Deck
ViewRiver
About this home
Home for the Holidays! Can you imagine waking up with a hot cup of coffee (or beverage of choice) and stepping out to 1 of your 2 private balconies to bask in this beautiful lake view? This is your opportunity to own a home in the sought-after Iris Landing community, which features 35-acre lake, stunning community amenities, which include pool, spa, fitness center, clubhouse, park, and BBQ area. This bright end unit home comes equipped with 2 bedrooms master walk-in closet, 2 full baths, 2 car garage and 3 private outdoor spaces to relax and enjoy the outdoors. 2 balconies; one right off of your kitchen/ dining area and the 2nd overlooking the lake. An additional bonus is that shops, restaurants, schools, and parks are nearby!
Condition Rating
Good
Built in 2006, this condominium is 18 years old and presents as move-in ready. The kitchen features modern white shaker-style cabinets, stainless steel appliances, and updated countertops and backsplash. Bathrooms have updated vanities and appear well-maintained. Hardwood flooring in the main living areas and tile in wet areas are in good condition. The property shows minimal wear and tear, with functional systems and no immediate renovation needs, fitting the 'Good' condition criteria.
Pros & Cons
Pros
Exceptional Lake Views & Outdoor Spaces: The property boasts beautiful lake views, especially from one of its two private balconies, offering serene outdoor relaxation and enhancing desirability.
Extensive Community Amenities: Located in the sought-after Iris Landing community, residents benefit from a 35-acre lake, pool, spa, fitness center, clubhouse, park, and BBQ area, providing a resort-like living experience.
Bright End Unit with Multiple Balconies: As a bright end unit, the home likely receives more natural light and offers increased privacy. It also features three private outdoor spaces, including two balconies, for diverse enjoyment.
Convenient Location: The property is ideally situated near shops, restaurants, schools, and parks, offering convenience for daily errands and leisure activities.
Modern Construction & Practical Features: Built in 2006, the home is relatively modern and includes desirable features such as two full bathrooms, a master walk-in closet, and a two-car garage, adding to its functionality and appeal.
Cons
High Association Fees: The monthly association fee of $393 is a significant recurring cost that buyers must factor into their budget, potentially impacting affordability.
Recent Price Reduction: A recent price reduction from $399,777 to $395,000 could indicate a slower market response or that the initial pricing was slightly ambitious, potentially affecting perceived value.
Limited Private Land: As a condominium, the property lacks a private yard or significant personal outdoor land, which may be a drawback for buyers seeking more expansive private outdoor space.