27328 Fossil Cove, Perris, California 92571, Perris, 92571 - 4 bed, 2 bath
27328 Fossil Cove
Perris, California 92571
Property Price
SUMMARY
Analysis of 27328 Fossil Cove, Perris, California 92571 reveals a Prime Investment Opportunity with a current list price of $574,990—significantly undercutting the $601,950 Fair Market Value by 4%. This valuation gap indicates a +$26,960 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Perris Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27328 Fossil Cove Subject | $574,990* List Price | 4 | 2 | 2,026 | $297 | - |
A 27342 Dunite Drive Sold | $591,479 | 4 | 2 | 2,026 | $292 | 0.1 mi |
B 3079 Avalon Sold | $530,000 | 4 | 2 | 1,548 | $342 | 0.3 mi |
C 2056 Caltha Way Sold | $625,000 | 3 | 3 | 1,846 | $339 | 0.3 mi |
D 27318 Dunite Drive Active | $620,310 List Price | 4 | 2 | 2,026 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a new construction property with a 2026 build year. As a brand-new home, it features the latest energy-efficient systems, modern building codes, and contemporary design aesthetics. All components, including the kitchen, bathrooms, and flooring, are new with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction
As a 2026 build, this home offers the latest in energy efficiency, modern building codes, and contemporary design, providing a turnkey experience for the buyer.
- Educational Proximity
The property is ideally situated within walking distance of both Sierra Vista Elementary and Lakeside Middle School, offering significant convenience for families with children.
- Strategic Commuter Location
Excellent access to I-215 and Hwy 60, combined with proximity to major employers like March Air Reserve Base and regional medical centers, makes this a prime spot for professionals.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6001, other record lot size in square feet = 6098.
- Solar Financial Commitment
The requirement for the buyer to either purchase or lease the solar system adds an additional financial obligation or upfront cost beyond the listing price.
- Recurring HOA Fees
A monthly association fee of $199 increases the total cost of ownership and may be a deterrent for buyers looking to minimize fixed monthly expenses.
About 27328 Fossil Cove
Beautiful Rockridge Communty Welcome to a thoughtfully designed hillside community offering the perfect balance of convenience, elevation, and everyday comfort. Ideally located within walking distance to Sierra Vista Elementary and Lakeside Middle School, this neighborhood is perfect for families seeking accessibility and ease. Convenient access to I-215 and Hwy. 60 for easy commuting. Minutes from Riverside University Health System, Kaiser Permanente®, and March Air Reserve Base. Close to outdoor recreation at Lake Perris offering boating, fishing, and swimming. Photo is a rendering of the model. Buyer can either buy or lease the solar.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 6,001 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $199.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 2,026 | 2,103 | 49% |
| Lot Size | 6,001 | 6,534 | 41% |
| Price | $575.0K | $575.0K | 50% |
| Price per sq ft | $284 | $281 | 54% |
| Built year | 2026 | 2005 | 98% |
| HOA | $199.0 | $0 | 98% |
| Days on market | 7 | 179 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$574,990
Initial Listing