315 Maravilla Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 2 bath

315 Maravilla Drive, Riverside, California 92507 home-pic-0
ACTIVE$719,900
315 Maravilla Drive, Riverside, California 92507
5Beds
2Baths
1,850Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($691,847.315) is $28,052.685 (3%) lower than the list price ($719,900). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Educational Proximity: The property boasts a prime location within walking distance to UC Riverside and a 5-minute drive to the top-ranked Riverside STEM Academy, making it highly attractive for academic-focused buyers or investors.
Top Cons:
Property Age & Potential System Updates: Built in 1968, the property's age may imply that major systems (e.g., HVAC, plumbing, electrical) could be original or require future upgrades, despite cosmetic renovations.

Compared to the nearby listings

Price:$719.9K vs avg $652.9K (+$66,965)71%
Size:1,850 sqft vs avg 1,854 sqft50%
Price/sqft:$389 vs avg $36459%

More Insights

Built in 1968 (57 years old).
Condition: Built in 1968, this property benefits from recent cosmetic updates like new LVP flooring and fresh paint, making it 'turnkey' and move-in ready. However, the kitchen is significantly outdated with tiled countertops, older white appliances, and a dated fluorescent light fixture, indicating it has not undergone a major renovation in many years. While functional and well-maintained, the home requires minor updates to key areas like the kitchen to meet modern aesthetic standards, placing it in the 'Fair' category.
Year Built
1968
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
OC25192961
Home ConditionFair
Features
Patio
ViewMountain(s)

About this home

Turnkey Mid-Century Single-Story smack dab in the middle of the UC Riverside Neighborhood! A mile away from UCR. New flooring, fresh paint. 5-bedroom, 2-bath home offers 1,850 sq. ft. of living space plus a 2-car garage. Long and wide driveway. Spacious Primary room with En-Suite Bathroom and 4 other bedrooms and one shared Bathroom. Combination of LVP flooring and Carpet. Nice spacious backyard, Green grass and newer fence. Highlights: • Walking distance to UC Riverside • 5-minute drive to Riverside STEM Academy (#1 in California, #10 in the nation) • Close to shopping, dining, and entertainment • Easy access to the 60, 215, and 91 freeways.

Condition Rating
Fair

Built in 1968, this property benefits from recent cosmetic updates like new LVP flooring and fresh paint, making it 'turnkey' and move-in ready. However, the kitchen is significantly outdated with tiled countertops, older white appliances, and a dated fluorescent light fixture, indicating it has not undergone a major renovation in many years. While functional and well-maintained, the home requires minor updates to key areas like the kitchen to meet modern aesthetic standards, placing it in the 'Fair' category.
Pros & Cons

Pros

Exceptional Educational Proximity: The property boasts a prime location within walking distance to UC Riverside and a 5-minute drive to the top-ranked Riverside STEM Academy, making it highly attractive for academic-focused buyers or investors.
Turnkey & Modernized Interior: Described as 'turnkey' with new flooring and fresh paint, the home offers a move-in ready condition, minimizing immediate renovation costs for the buyer.
Generous Bedroom Count & Layout: Featuring 5 bedrooms and 1,850 sq. ft. of living space, including a spacious primary suite, the property provides ample room and flexibility for larger families or potential multi-tenant occupancy.
Convenient Urban Accessibility: Its location offers easy access to major freeways (60, 215, 91) and is close to essential shopping, dining, and entertainment, enhancing daily convenience.
Enhanced Outdoor & Parking Features: The property includes a nice spacious backyard with green grass and newer fencing, complemented by a long and wide driveway, adding significant practical and aesthetic appeal.

Cons

Property Age & Potential System Updates: Built in 1968, the property's age may imply that major systems (e.g., HVAC, plumbing, electrical) could be original or require future upgrades, despite cosmetic renovations.
Limited Bathroom-to-Bedroom Ratio: With 5 bedrooms and only 2 bathrooms, the property may present functional challenges for larger households or multiple occupants, potentially leading to congestion.
Mixed Flooring Materials: The combination of LVP flooring and carpet, while updated, might not appeal to all buyers seeking a fully consistent, hard-surface flooring throughout the home.

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