4241 Beechwood Place, Riverside, California 92506, Riverside, 92506 - 3 bed, 2 bath

4241 Beechwood Place, Riverside, California 92506 home-pic-0
ACTIVE$849,888
4241 Beechwood Place, Riverside, California 92506
3Beds
2Baths
1,496Sqft
9,147Lot

Price Vs. Estimate

The estimated value ($810,884.05) is $39,003.95 (4%) lower than the list price ($849,888). 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 = 9147, living area = 1496.
Top Cons:
Listing Price Above Estimated Value: The current list price of $849,888 is approximately 4.8% higher than the property's estimated value of $810,884.05, which may require justification to value-conscious buyers.

Compared to the nearby listings

Price:$849.9K vs avg $728.8K (+$121,063)68%
Size:1,496 sqft vs avg 1,935 sqft26%
Price/sqft:$568 vs avg $38694%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone an extensive and comprehensive renovation, with nearly $300,000 in improvements covering major systems (new 50-year roof, upgraded electrical, PEX plumbing, new HVAC, windows, insulation) and aesthetics. The kitchen and bathrooms are fully redesigned with modern white shaker cabinets, stainless steel appliances, contemporary fixtures, and stylish finishes, as seen in the images. The waterproof flooring throughout and fresh paint contribute to a virtually new interior. This level of recent, high-value renovation places the property firmly in the 'excellent' category, making it move-in ready with no deferred maintenance.
Year Built
1955
Close
-
List price
$850K
Original List price
$869K
Price/Sqft
$568
HOA
-
Days on market
-
Sold On
-
MLS number
IV25233334
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

|WOOD STREETS| This beautifully remodeled 3-bedroom, 2-bath mid-century ranch is located on a tree-lined street in Riverside’s highly desirable Wood Streets neighborhood. Offering just under 1,500 sqft of living space on a large 9,147 sqft lot, the home has been extensively updated with nearly $300,000 in improvements—including a new 50-year roof, rain gutters, upgraded electrical panel, PEX plumbing, new sewer line, driveway, pool, patio cover, HVAC, insulation (attic and exterior walls), waterproof flooring, plantation shutters and windows, and fresh paint inside and out. The reimagined open-concept layout includes a fully redesigned kitchen, dining room, indoor laundry closet and bathrooms, while the spacious primary suite features direct access to a private above-ground spa under the covered patio. The backyard is an entertainer’s dream with a beach-entry pool, tranquil water feature, low-maintenance turf, and a removable safety pool fence. A detached garage offers potential for ADU conversion, and there’s room for RV parking as well. Vinyl fencing in the back and wrought iron fencing in the front add privacy and secure areas for the kids and pets. Located just minutes from Riverside City College, the historic Mission Inn Resort & Spa, and vibrant downtown Riverside, this move-in-ready gem sits in a festive, family-friendly neighborhood known for 4th of July fireworks show and Halloween celebrations. Literally, nothing left to do—just move in and enjoy your new lifestyle on Beechwood Place.

Nearby schools

6/10
Pachappa Elementary School
Public,PK-61.0mi
5/10
Bryant Elementary School
Public,K-61.5mi
5/10
Alcott Elementary School
Public,K-62.0mi
2/10
Central Middle School
Public,7-80.4mi
4/10
Sierra Middle School
Public,7-81.6mi
7/10
Polytechnic High School
Public,9-121.8mi
5/10
Ramona High School
Public,9-122.6mi
Condition Rating
Excellent

Despite being built in 1955, this property has undergone an extensive and comprehensive renovation, with nearly $300,000 in improvements covering major systems (new 50-year roof, upgraded electrical, PEX plumbing, new HVAC, windows, insulation) and aesthetics. The kitchen and bathrooms are fully redesigned with modern white shaker cabinets, stainless steel appliances, contemporary fixtures, and stylish finishes, as seen in the images. The waterproof flooring throughout and fresh paint contribute to a virtually new interior. This level of recent, high-value renovation places the property firmly in the 'excellent' category, making it move-in ready with no deferred maintenance.
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 = 9147, living area = 1496.
Extensive & High-Value Renovations: The property boasts nearly $300,000 in recent, comprehensive updates including a new 50-year roof, upgraded electrical, PEX plumbing, new HVAC, insulation, windows, and fully redesigned kitchen and bathrooms, making it truly move-in ready.
Premium Outdoor Living & Entertainment: The backyard is an entertainer's dream featuring a beach-entry pool, tranquil water feature, low-maintenance turf, a covered patio with direct spa access from the primary suite, all on a generous 9,147 sqft lot.
Desirable Neighborhood & Location: Located in Riverside's highly sought-after 'Wood Streets' neighborhood, known for its community spirit and events, and just minutes from Riverside City College, the Mission Inn, and vibrant downtown Riverside.
ADU Potential & RV Parking: The detached garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), providing future value or rental income, complemented by dedicated space for RV parking.
Modern Open-Concept Interior: The home features a reimagined open-concept layout with a fully redesigned kitchen, dining area, and bathrooms, enhanced by waterproof flooring and plantation shutters, offering contemporary appeal.

Cons

Listing Price Above Estimated Value: The current list price of $849,888 is approximately 4.8% higher than the property's estimated value of $810,884.05, which may require justification to value-conscious buyers.
Modest Interior Square Footage: At just under 1,500 sqft, the interior living space is relatively modest for a 3-bedroom home, especially given the large lot size, which might not suit larger families seeking more expansive indoor areas.
Mixed Local School Performance: While some local schools have adequate ratings, Central Middle School, located within half a mile, has a low rating of 2/10, which could be a concern for families prioritizing highly-rated public education options.

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