3386 Somis Drive, Riverside, California 92507, Riverside, 92507 - 5 bed, 2 bath

3386 Somis Drive, Riverside, California 92507 home-pic-0
ACTIVE$775,000
3386 Somis Drive, Riverside, California 92507
5Beds
2Baths
1,723Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($317,531.07) is $457,468.93 (59%) lower than the list price ($775,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Renovation: The property has undergone a complete top-to-bottom renovation and rebuild, featuring new flooring, all-new windows, and a brand-new kitchen with sleek, contemporary finishes.
Top Cons:
Significant Overpricing: The current list price of $775,000 is substantially higher than the estimated property value of $317,531.07, indicating a potential overvaluation that may deter prospective buyers.

Compared to the nearby listings

Price:$775.0K vs avg $652.9K (+$122,065)83%
Size:1,723 sqft vs avg 1,854 sqft44%
Price/sqft:$450 vs avg $36482%

More Insights

Built in 1969 (56 years old).
Condition: This property has undergone a complete top-to-bottom renovation and rebuild, as explicitly stated in the description. The images confirm a brand-new kitchen with sleek white shaker cabinets, quartz countertops, and stainless steel appliances. Both bathrooms are fully updated with modern vanities, fixtures, and tiled showers. New flooring (likely LVP) is consistent throughout, along with fresh paint, new windows, and modern light fixtures. Key systems like the AC and roof are also new, indicating no deferred maintenance and meeting current quality standards. This extensive and recent renovation qualifies the property as excellent.
Year Built
1969
Close
-
List price
$775K
Original List price
$815K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
OC25005271
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Step into this stunning 5-bedroom, 2-bathroom single-story home, located in the highly desirable neighborhood of Belvedere Heights. Completely renovated from top to bottom, and rebuilt with meticulous attention to detail, offering the perfect blend of modern lifestyle and comfortable living. From the moment you enter, you’ll notice the fresh new look, with beautiful new flooring underfoot and a light-filled space thanks to all-new windows. The brand-new kitchen serves as the heart of the home, with sleek finishes and contemporary design that’s perfect for hosting gatherings or everyday meals. The primary bedroom has ample amount of space. Down the hallway you will find 4 additional bedrooms and a full bathroom. Stay cool year-round with the new AC system and enjoy the peace of mind that comes with a new roof and fresh paint inside and out. Outside, the home continues to impress with its new landscaping, creating a welcoming front yard and a serene backyard retreat. The new patio cover extends your living space outdoors, making it ideal for gatherings, while the new shed provides extra storage for all your needs. Whether you're relaxing in your private backyard oasis or stepping out for shopping or dining, this home is perfectly situated for convenience and modern living. Located close to UCR, major freeways I60/I91/I215, entertainment and historic downtown Riverside. Enjoy nearby hiking trails and mountain views. This beautifully updated property is move-in ready and waiting for its next owner, the endless updates are a must see!!!!!! Don't miss the chance to make this extraordinary home your own!!!!!!!

Condition Rating
Excellent

This property has undergone a complete top-to-bottom renovation and rebuild, as explicitly stated in the description. The images confirm a brand-new kitchen with sleek white shaker cabinets, quartz countertops, and stainless steel appliances. Both bathrooms are fully updated with modern vanities, fixtures, and tiled showers. New flooring (likely LVP) is consistent throughout, along with fresh paint, new windows, and modern light fixtures. Key systems like the AC and roof are also new, indicating no deferred maintenance and meeting current quality standards. This extensive and recent renovation qualifies the property as excellent.
Pros & Cons

Pros

Comprehensive Renovation: The property has undergone a complete top-to-bottom renovation and rebuild, featuring new flooring, all-new windows, and a brand-new kitchen with sleek, contemporary finishes.
Key System Upgrades: Equipped with a new AC system, new roof, and fresh interior and exterior paint, significantly reducing immediate maintenance and repair concerns for a new owner.
Enhanced Outdoor Living: Features new landscaping, a welcoming front yard, a serene backyard retreat with a new patio cover for outdoor gatherings, and a new shed for additional storage.
Prime Location & Accessibility: Situated in the highly desirable Belvedere Heights neighborhood, offering convenient access to UCR, major freeways (I60/I91/I215), entertainment, and historic downtown Riverside.
Move-in Ready Condition: Described as 'move-in ready' due to extensive updates, allowing for immediate occupancy without the need for further renovations or significant investment.

Cons

Significant Overpricing: The current list price of $775,000 is substantially higher than the estimated property value of $317,531.07, indicating a potential overvaluation that may deter prospective buyers.
Extended Market Time & Price Reduction: Having been on the market for over five months since January 9th, 2025, and already experiencing a price reduction from $815,000, suggests challenges in attracting buyers at its current price point.
Limited Bathroom Count: With 5 bedrooms and only 2 bathrooms, the property may present functional limitations or inconvenience for larger families or multiple occupants, potentially impacting its appeal.

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