2920 Cheyenne, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
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Riverside, California 92506
This Versatile Move-In Ready Residence is listed at $750,000, offering stable value perfectly aligned with its $750,000 Fair Market Value. Boasting a Condition Rating of 3, the interior features a private primary retreat with beamed ceilings and a separate upstairs guest suite for maximum flexibility. The expansive 10,019 sqft lot provides a large covered patio and lawn, ideal for outdoor entertaining. Located within the Riverside Unified School District near Canyon Crest, the property offers long-term affordability with NO HOA and low property taxes. This is an ideal match for Owner-Occupants or growing families seeking a spacious, functional sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2920 Cheyenne Subject | $750,000* List Price | 4 | 3 | 2,532 | $296 | - |
A 5540 Royal Hill Sold | $780,000 | 4 | 3 | 2,094 | $372 | 0.8 mi |
B 5267 Coventry Drive Sold | $769,900 | 4 | 3 | 2,218 | $347 | 0.8 mi |
C 5239 Coventry Pending | $770,000 List Price | 4 | 3 | 2,118 | $364 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the home is well-maintained and move-in ready with several key updates. Interior photos show modern laminate flooring, recessed lighting, and stainless steel appliances. While the kitchen cabinetry and one bathroom appear dated (15-25 years old), the primary bathroom features a more recent walk-in shower renovation, and the presence of a Nest thermostat suggests updated HVAC controls.
The layout features a main-level primary retreat and a separate upstairs suite with a full bath, offering excellent flexibility for multi-generational living, guest quarters, or a private home office.
Situated in a sought-after Riverside community, the property boasts the significant financial advantages of no HOA fees and low property taxes, enhancing long-term affordability.
The generous 10,019 sqft lot includes a large covered patio and an expansive lawn, providing a premium space for outdoor entertaining and recreation that is rare for the area.
Built in 1954, the home may require updates to aging systems or cosmetic modernizations to meet the expectations of buyers looking for contemporary finishes.
With 80 days on the market and a recent price reduction, the property's extended listing period may indicate a disconnect between the initial asking price and current buyer demand.
Welcome home! This charming property invites you in from the moment you arrive at the covered front porch. Inside, the spacious Great Room provides the perfect setting to relax and gather with friends and family, while the separate, oversized dining room is ideal for hosting memorable meals. Three bedrooms are conveniently located on the main level, including a private primary retreat featuring soaring, beamed ceilings and a cozy fireplace. Upstairs, you’ll find an additional bedroom with its own full bathroom—perfect for guest quarters, a home office, or a teen hangout with endless possibilities. Step outside to enjoy the large covered patio and expansive lawn, offering a wonderful space for outdoor entertaining and everyday enjoyment. A prime location close to shopping, dining, and entertainment options at the nearby center, as well as Canyon Crest Country Club, parks, top-rated schools, and the University of California, Riverside. Best of all—NO HOA and low property taxes make this an unbeatable value. Don’t miss this rare opportunity to own a move-in ready home in one of Riverside’s most sought-after communities! BE SURE TO CLICK ON THE 360.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,532 | 1,896 | 74% |
| Lot Size | 10,019 | 9,801 | 50% |
| Price | $750.0K | $723.8K | 55% |
| Price per sq ft | $296 | $384 | 5% |
| Built year | 1954 | 1963 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 176 | 20% |
Apr 16, 2026
$750,000
$759,000
-1% Price Drop
Initial Listing
Jan 28, 2026
$759,000
Initial Listing
Sep 22, 2016
$408,000
Public Record