28386 Belleterre Avenue, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 2 bath
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Moreno Valley, California 92555
This Single-Story Residential Asset represents a Strong Value Opportunity, listed at $515,000—positioned well above the $477,008 Fair Market Value by 7%. While the property requires cosmetic updates due to its Fair Condition Rating, it offers significant lifestyle appeal within the gated Mandalay community. Residents enjoy resort-style amenities, including a pool and spa, alongside scenic mountain views. This home is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior renovations in a desirable Rancho Belago location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28386 Belleterre Avenue Subject | $515,000* List Price | 3 | 2 | 1,443 | $331 | - |
A 28343 Birdie Street Sold | $587,000 | 3 | 2 | 1,582 | $371 | 0.5 mi |
B 14602 Mountain Vista Drive Sold | $499,000 | 3 | 2 | 1,842 | $271 | 0.5 mi |
C 28250 Grandview Sold | $522,000 | 3 | 2 | 1,842 | $283 | 0.2 mi |
D 28569 Carnoustie Sold | $565,000 | 4 | 3 | 1,970 | $287 | 0.2 mi |
E 28609 Carnoustie Sold | $550,000 | 4 | 3 | 1,970 | $279 | 0.2 mi |
F 14751 Grandview Drive Pending | $520,000 List Price | 2 | 2 | 1,510 | $344 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old home falls into the 'Fair' category as it exceeds the 20-year threshold without a major renovation. The kitchen features dated white tile countertops and original cabinetry, while the interior shows signs of wear including stained carpeting and marked walls that require minor repairs and cosmetic updates.
Located in the prestigious Mandalay gated community of Rancho Belago, offering residents enhanced security and access to resort-style amenities including a pool, spa, and sports courts for a modest HOA fee.
The home features a highly functional open-concept, single-story floor plan with high ceilings and a corner lot position, maximizing natural light and accessibility.
The property boasts beautiful mountain views, providing a serene backdrop that enhances the overall appeal and value of the outdoor living space.
The kitchen features white tile countertops, which may be considered dated by modern buyers who typically prefer contemporary solid-surface materials like quartz or granite.
While there are many nearby options, several of the local middle and high schools carry lower performance ratings, which may be a drawback for education-focused families.
Nestled within the highly sought-after Mandalay gated community of Rancho Belago, this inviting single story home offers 3 bedrooms, 2 bathrooms and 1,443 square feet of comfortable living space on a generous 6,970 square foot corner lot. The bright and airy floor plan features high ceilings, abundant natural light, and an open-concept design that seamlessly connects the kitchen, dining and living room. The spacious kitchen offers white tile countertops, an island with breakfast bar seating, a gas stove, ample cabinetry and plenty of workspace for cooking and entertaining. Laminate wood flooring enhances the living room and one secondary bedroom, while tile flooring adds durability to the kitchen and bathrooms. The master suite provides a private retreat with 2 walk-in closets and an ensuite bathroom featuring a vanity and shower/tub combination. Two additional bedrooms, a full guest bathroom and an indoor laundry room complete the interior. Step outside to enjoy the covered patio and beautifully landscaped front yard. Residents of this desirable community have access to resort-style amenities, including pool, spa, tennis court and basketball. Conveniently located near golf course, scenic hiking trails, lake recreation, shopping and dining. This home offers the perfect blend of comfort, convenience and community living. Don't miss this wonderful opportunity to own a home in one of Rancho Belago's most desirable neighborhoods!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,443 | 1,782 |
| Lot Size | 6,970 | 6,970 |
| Price | $515.0K | $550.3K |
| Price per sq ft | $357 | $321 |
| Built year | 2002 | 1989 |
| HOA | $130.0 | $132 |
| Days on market | 33 | 58 |
Jun 19, 2026
$515,000
Initial Listing
Aug 17, 2021
$390,000
Public Record
Apr 30, 2010
$165,000
Public Record
Sep 17, 2002
$173,500
Public Record