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3269 Highcliff Rd, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

3269 Highcliff Rd, Riverside, California 92506 home-pic-0
ACTIVE$695,000
3269 Highcliff Rd, Riverside, California 92506
4Beds
3Baths
2,582Sqft
16,988Lot

Price Vs. Estimate

The estimated value ($308,488.545) is $386,511.455 (55%) lower than the list price ($695,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 2582.
Top Cons:
Significant Overpricing: The current list price of $695,000 is substantially higher than the estimated property value of $308,488.55, indicating a significant overpricing issue that may deter potential buyers.

Compared to the nearby listings

Price:$695.0K vs avg $727.6K ($-32,597)39%
Size:2,582 sqft vs avg 1,954 sqft76%
Price/sqft:$269 vs avg $3863%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this property is 46 years old and explicitly stated to require updates. The kitchen features very dated white tile countertops, older white appliances, and distressed cabinets, indicating a need for substantial renovation. Interior images show mismatched and unfinished-looking flooring, further suggesting significant rehabilitation is needed to modernize the living space and bring it to current standards. While no structural issues are evident, the cosmetic and functional obsolescence of key areas like the kitchen and general interior condition warrant a 'Poor' rating.
Year Built
1978
Close
-
List price
$695K
Original List price
$750K
Price/Sqft
$269
HOA
-
Days on market
-
Sold On
-
MLS number
IV25045841
Home ConditionPoor
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Embrace the potential of this 4 bedroom, 3 bath gem nestled on a cul de sac with a SPACIOUS lot and a roomy driveway accommodating up to 3 cars. The heart of this home features two charming fireplaces one upstairs and one downstairs, creating a cozy atmosphere perfect for relaxation and gatherings. Three bedrooms are located upstairs where you'll also find the convenience of a laundry room, simplifying your daily tasks. The 4th bedroom offers flexibility as a generous office space, mother-in-law suite or a multi-family rental , providing ample room for creativity and productivity. While the interior may require some updates, this property presents a unique opportunity to design and personalize your ideal living space. Unleash your imagination and transform this property into the home of your dreams, tailored to your unique vision and style. Don't miss out on the chance to craft a space that truly reflects your personality and aspirations.

Condition Rating
Poor
Built in 1978, this property is 46 years old and explicitly stated to require updates. The kitchen features very dated white tile countertops, older white appliances, and distressed cabinets, indicating a need for substantial renovation. Interior images show mismatched and unfinished-looking flooring, further suggesting significant rehabilitation is needed to modernize the living space and bring it to current standards. While no structural issues are evident, the cosmetic and functional obsolescence of key areas like the kitchen and general interior condition warrant a 'Poor' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 2582.
Cul-de-sac Location: The property is nestled on a cul-de-sac, offering enhanced privacy, reduced traffic, and a quieter living environment.
Spacious Lot & Ample Parking: Features a generous 16,988 sqft lot and a roomy driveway capable of accommodating up to 3 cars, providing significant outdoor space and practical parking solutions.
Flexible Floor Plan: The 4th bedroom offers exceptional versatility, suitable for use as a dedicated office space, a mother-in-law suite, or even a multi-family rental unit.
Cozy Amenities: Equipped with two charming fireplaces, one upstairs and one downstairs, creating a warm and inviting atmosphere perfect for relaxation and gatherings.
Personalization Potential: The property presents a unique opportunity for buyers to design and personalize their ideal living space, allowing for significant value addition through customization.

Cons

Significant Overpricing: The current list price of $695,000 is substantially higher than the estimated property value of $308,488.55, indicating a significant overpricing issue that may deter potential buyers.
Dated Interior & Required Updates: The property description explicitly states that the interior 'may require some updates,' suggesting potential for considerable renovation costs to modernize the living space.
Property Age & Potential Deferred Maintenance: Built in 1978, the property is over 45 years old, which often implies outdated systems (e.g., HVAC, plumbing, electrical) and potential for deferred maintenance, adding to future investment requirements.

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