3857 Pine Street, Riverside, California 92501, Riverside, 92501 - 4 bed, 2 bath
ACTIVE$940,000
3857 Pine Street, Riverside, California 92501
4Beds
2Baths
2,159Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($851,963.98) is $88,036.02 (9%) lower than the list price ($940,000). This property may be overpriced.
Key pros and cons
Top Pros:
Historic Charm & Restoration: Beautifully restored and updated 1900 Victorian/American Foursquare home, offering unique architectural character and modern living comforts.
Top Cons:
Age-Related Maintenance Considerations: As a 1900-built home, despite restoration, potential buyers should anticipate ongoing maintenance or possible future updates to underlying older systems (e.g., plumbing, electrical).
Compared to the nearby listings
Price:$940.0K vs avg $618.7K (+$321,312)95%
Size:2,159 sqft vs avg 1,536 sqft75%
Price/sqft:$435 vs avg $41064%
More Insights
Built in 1900 (125 years old).
Condition: Despite being built in 1900, the property has been 'beautifully restored and updated' as stated in the description, which is strongly supported by the images. The interior features new-looking wood-look laminate flooring throughout, fresh paint, and updated light fixtures including ceiling fans and recessed lighting. The bathrooms appear recently renovated with modern tiling and clean, functional fixtures. While the kitchen areas are presented as basic kitchenettes rather than a full, high-end main kitchen, they are clearly new, clean, and functional, aligning with the property's described suitability for multi-generational living or income-generating units. The overall condition suggests a comprehensive and recent renovation, making it move-in ready with virtually new components.
Year Built
1900
Close
-
List price
$940K
Original List price
$1.01M
Price/Sqft
$435
HOA
-
Days on market
-
Sold On
-
MLS number
OC25048794
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
PRICE REDUCED!!! 2.500 sq ft beautifully restored and updated late Victorian/American foursquare home built in 1900. Home resides on 150ft X 60ft/ 9,000 sq ft lot with alley access and room for a large guest house and or 4 car garage with up to two units. {Buyer to do their own due diligence). RV and boat parking completely fenced back Mount Rubidoux adjacent this lovely home offers lots of special features. Perfect for a karge family multi-generational living with opportunity to build income generating units and/or large sanctuary.
Condition Rating
Excellent
Despite being built in 1900, the property has been 'beautifully restored and updated' as stated in the description, which is strongly supported by the images. The interior features new-looking wood-look laminate flooring throughout, fresh paint, and updated light fixtures including ceiling fans and recessed lighting. The bathrooms appear recently renovated with modern tiling and clean, functional fixtures. While the kitchen areas are presented as basic kitchenettes rather than a full, high-end main kitchen, they are clearly new, clean, and functional, aligning with the property's described suitability for multi-generational living or income-generating units. The overall condition suggests a comprehensive and recent renovation, making it move-in ready with virtually new components.
Pros & Cons
Pros
Historic Charm & Restoration: Beautifully restored and updated 1900 Victorian/American Foursquare home, offering unique architectural character and modern living comforts.
Significant Development Potential: The large lot with alley access provides clear opportunity for building additional units (ADUs/guest house) or a large garage, enhancing future value and income generation.
Versatile Living & Amenities: Ideal for multi-generational living with ample space and practical features like dedicated RV and boat parking, catering to diverse family needs.
Desirable Location & Views: Situated adjacent to Mount Rubidoux, the property offers desirable mountain views and convenient access to outdoor recreation.
Generous Lot Size: The substantial lot (approx. 9,000 sq ft as per description) provides ample outdoor space for expansion, landscaping, or recreational use.
Cons
Age-Related Maintenance Considerations: As a 1900-built home, despite restoration, potential buyers should anticipate ongoing maintenance or possible future updates to underlying older systems (e.g., plumbing, electrical).
Uncertainty in Development Potential: The 'Buyer to do their own due diligence' clause for building additional units implies potential complexities, costs, or regulatory hurdles for realizing the full development potential.
Recent Price Reduction: The property has experienced a price reduction from its original list price, which may indicate initial overpricing or a need to stimulate buyer interest.