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2627 Valley View Avenue, Norco, California 92860, Norco, 92860 - 4 bed, 4 bath

2627 Valley View Avenue, Norco, California 92860 home-pic-0
ACTIVE$988,000
2627 Valley View Avenue, Norco, California 92860
4Beds
4Baths
3,201Sqft
21,344Lot

Price Vs. Estimate

The estimated value ($988,000) is $0 (0%) lower than the list price ($988,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 3201.
Top Cons:
Price Reduction History: Multiple price reductions from the original listing suggest potential market resistance or an initial overestimation of value, which could impact future appraisal.

Compared to the nearby listings

Price:$988.0K vs avg $925.0K (+$63,000)63%
Size:3,201 sqft vs avg 1,972 sqft90%
Price/sqft:$309 vs avg $4633%

More Insights

Built in 1990 (35 years old).
Condition: This property, built in 1990, presents as move-in ready with significant recent updates. The kitchen was extensively remodeled just two years ago with modern grey cabinetry, quartz countertops, and stainless steel appliances, including a KitchenAid cooktop, placing it in excellent condition. The primary en-suite bathroom is described as 'spa-inspired' with a large walk-in tile shower and jetted tub, indicating high quality. The interior has been newly painted, and features updated tile and laminate flooring throughout, along with plantation shutters. A solar system with backup batteries adds a modern, energy-efficient feature. However, despite these substantial renovations, the property's core systems are 34 years old and may be nearing the end of their expected lifespan. A notable functional drawback is the absence of central air conditioning, which is a significant consideration in Norco's climate. These factors prevent it from achieving an 'Excellent' rating, but the extensive recent updates push it well beyond 'Fair'.
Year Built
1990
Close
-
List price
$988K
Original List price
$1.05M
Price/Sqft
$309
HOA
-
Days on market
-
Sold On
-
MLS number
IG25109906
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s)
Deck
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

NEW PRICE! Custom 2-Story Home with Breathtaking Views & Multi-Generational Living Potential! Welcome to this private, gated custom home offering 3,201 sq ft of beautifully designed living space on a generous 21,344 sq ft lot. This unique property features 5 bedrooms, 3 bathrooms, and expansive indoor and outdoor living areas perfect for entertaining, relaxing, or multi-family living. Main Level Highlights (Upper Floor): *Elegant main entrance opens into a spacious family room with a cozy fireplace and a wet bar — perfect for entertaining. *Formal dining room connects to a recently updated kitchen (remodeled ~2 years ago) with modern grey cabinetry, quartz countertops, and stainless steel appliances, large island with 5-burner KitchenAid cooktop, reverse osmosis & water filtration system, kitchen dining nook and direct access to a ground-level exterior door *Two bedrooms and two full bathrooms on the main level, including hall bathroom with tub/shower *Oversized primary suite with French doors opening to a private balcony with stunning views, features include a fireplace, walk-in closet, and spa-inspired en-suite with dual-sink vanity, large walk-in tile shower, and jetted soaking tub, Bonus room off the master – ideal for a nursery, office, or home gym. Lower Level – Perfect for Guest Quarters or Extended Family: *separate ground-level entry to an additional living are Family room, three bedrooms, and one full bathroom with dual vanities and tub/shower combo *direct access to the 2-car garage *large storage space under the home with exterior ground-level access. Exterior & Energy Features: *Newly painted interior, tile and laminate flooring throughout, plantation shutters, and ceiling fans *Expansive backyard with room for a pool, horses, or even an ADU (Accessory Dwelling Unit) *New grass area, block walls, and mature trees provide privacy *Massive parking area, wraparound balcony, and unmatched panoramic views *Solar system with 2 backup batteries – enjoy low or no electric bills! This home is perfect for those seeking privacy, space, and modern comforts with the flexibility for extended family or rental potential. Don’t miss the opportunity to own this versatile gem!

Condition Rating
Good
This property, built in 1990, presents as move-in ready with significant recent updates. The kitchen was extensively remodeled just two years ago with modern grey cabinetry, quartz countertops, and stainless steel appliances, including a KitchenAid cooktop, placing it in excellent condition. The primary en-suite bathroom is described as 'spa-inspired' with a large walk-in tile shower and jetted tub, indicating high quality. The interior has been newly painted, and features updated tile and laminate flooring throughout, along with plantation shutters. A solar system with backup batteries adds a modern, energy-efficient feature. However, despite these substantial renovations, the property's core systems are 34 years old and may be nearing the end of their expected lifespan. A notable functional drawback is the absence of central air conditioning, which is a significant consideration in Norco's climate. These factors prevent it from achieving an 'Excellent' rating, but the extensive recent updates push it well beyond 'Fair'.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 3201.
Panoramic Views: The property boasts unmatched panoramic views, including city lights, hills, and mountains, significantly enhancing its appeal and value.
Multi-Generational Living Potential: Designed with a separate ground-level entry for the lower floor, this home offers ideal multi-generational living or potential rental income opportunities.
Energy Efficiency: Equipped with a solar system and two backup batteries, the property offers substantial energy savings, potentially resulting in low or no electric bills.
Expansive Lot & Outdoor Potential: A generous 21,344 sq ft lot provides ample space for a pool, horses, or an Accessory Dwelling Unit (ADU), offering significant customization potential.
Modern Updates & Luxurious Primary Suite: Features a recently updated kitchen (remodeled ~2 years ago) with modern finishes and a spa-inspired primary en-suite, providing contemporary comfort and style.

Cons

Price Reduction History: Multiple price reductions from the original listing suggest potential market resistance or an initial overestimation of value, which could impact future appraisal.
Absence of Central Air Conditioning: While ceiling fans are mentioned, the lack of explicit central air conditioning could be a significant drawback in Norco's climate, affecting comfort during warmer months.
Age of Core Systems: Built in 1990, despite recent cosmetic updates, core systems such as the roof, plumbing, and electrical (beyond solar) may be original and nearing the end of their expected lifespan, potentially requiring future capital expenditure.

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