
Perris, California 92571
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $625,000—positioned well below the $638,977 Fair Market Value by 2%. This valuation gap offers $13,977 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers 3,230 sqft of living space, a versatile bonus room, and a private patio. Located in the May Ranch community with NO HOA, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3059 Kalei Court Subject | $625,000* List Price | 4 | 3 | 3,230 | $198 | - |
A 1509 Strawberry Drive Sold | $625,000 | 5 | 3 | 3,695 | $169 | 0.2 mi |
B 3080 Kalei Sold | $600,000 | 5 | 3 | 3,230 | $186 | 0.1 mi |
C 3041 Kalei Court Sold | $606,000 | 4 | 3 | 3,513 | $173 | 0.0 mi |
D 3525 Chesterfield Sold | $569,900 | 4 | 2 | 2,343 | $243 | 1.0 mi |
E 3424 Cromwell Court Active | $571,000 List Price | 4 | 3 | 2,445 | $234 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property fits the 10-20 year age bracket for a 'Good' rating. The interior appears well-maintained with updated wood-look flooring and neutral paint, making it move-in ready. While the HVAC systems and kitchen/bath styling likely reflect the original 2006 construction, the home is functional and lacks visible structural or safety defects.
Boasting 3,230 square feet with a downstairs bonus room and an upstairs loft, this floor plan offers exceptional flexibility for large families, home offices, or multi-generational living.
Situated in the desirable May Ranch community, this property provides the rare benefit of no monthly HOA dues, offering significant long-term savings and more freedom for the homeowner.
The home features walk-in closets in every bedroom and a massive primary suite with a private fireplace, catering to buyers seeking both luxury and practical storage solutions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Although there is a versatile bonus room downstairs, the main level only features a powder room, which may be inconvenient for guests or residents requiring a full ground-floor suite.
The large 3,230-square-foot footprint of the house on a 7,405-square-foot lot results in a relatively modest backyard space compared to the overall scale of the residence.
Come and see this beautiful two-story residence located in the desirable May Ranch Community in the growing city of Perris, California. Situated in one of the newer areas of Perris, this spacious home offers 3,230 square feet of living space on a generous 7,405-square-foot lot. The home features 4 bedrooms, all located upstairs, plus a versatile bonus room downstairs that can be used as a home office, guest room, or flex space. There are 2 full bathrooms upstairs and a convenient powder room downstairs. Upon entering, you are welcomed by a formal dining room that creates an elegant first impression. The home boasts three spacious living areas, including a large family room with a built-in entertainment center, perfect for gatherings and relaxation.The kitchen offers abundant cabinet storage, a pantry, a breakfast bar, and a dedicated dining area for family meals. Elegant decorative stucco finishes enhance the breakfast bar and kitchen walls, adding character and charm throughout the home. Beautiful wood and tile flooring extend throughout the residence, complemented by decorative stucco accents that create a unique and sophisticated interior. Upstairs, you’ll find a spacious loft that can serve as an additional family room, game room, media room, or play area. The oversized laundry room is also conveniently located upstairs. The expansive primary suite features a cozy fireplace, making it the perfect retreat for relaxing evenings. All upstairs bedrooms include large walk-in closets, providing ample storage space.The backyard is designed for entertaining and is ideal for barbecues, family gatherings, and outdoor enjoyment. Additional features include a whole-house water softener system for added comfort and convenience. Residents of May Ranch enjoy access to two community parks, hiking trails, basketball courts, and playgrounds, providing endless opportunities for recreation and outdoor activities.Conveniently located near the beautiful Lake Perris State Recreation Area, residents can enjoy camping, boating, fishing, water sports, picnicking, and family-friendly outdoor adventures year-round. Shopping, restaurants, schools, and everyday conveniences are all nearby, with easy access to major highways, making this an excellent location for commuters. Best of all, this home offers NO HOA! This exceptional property combines space, comfort, convenience, and community amenities, making it the perfect place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,230 | 1,916 |
| Lot Size | 7,405 | 7,016 |
| Price | $625.0K | $583.5K |
| Price per sq ft | $193 | $293 |
| Built year | 2006 | 1997 |
| HOA | $0 | $99 |
| Days on market | 30 | 67 |
Jun 22, 2026
$625,000
Initial Listing
Aug 28, 2024
$580,000
Public Record
Oct 17, 2019
$410,000
Public Record
Nov 2, 2017
$330,000
Public Record
Oct 30, 2012
$308,000
Public Record