4878 Streambay Court, Riverside, California 92505, Riverside, 92505 - 5 bed, 4 bath

4878 Streambay Court, Riverside, California 92505 home-pic-0

4878 Streambay Court

Riverside, California 92505

ACTIVE
CONDITION: GOOD
5Beds
4Baths
2,995Sq Ft
4,792Lot Size

Property Price

LIST PRICE$819,888
EST. MARKET VALUE
$849,888
3% BelowMARKET VALUE

SUMMARY

Analysis of 4878 Streambay Court, Riverside, California 92505 reveals a Prime Investment Opportunity with a current list price of $819,888—significantly undercutting the $849,888 Fair Market Value by 3%. This valuation gap indicates a +$30,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$849,888 +$30,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4878 Streambay Court
Subject
$819,888*
List Price
542,995$284-
A
11180 Bridgefield Court
Sold
$739,900432,561$2890.2 mi
B
11166 Bridgefield Court
Sold
$678,000332,069$3280.2 mi
C
4247 Bravado Court
Sold
$715,000432,214$3230.7 mi
D
4529 River Park Court
Sold
$655,000431,980$3310.4 mi
E
4621 Springwell Court
Sold
$665,000431,880$3540.3 mi
F
11141 Gardenhurst Court
Active
$799,000
List Price
432,961$2700.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained, featuring significant recent updates including brand new quartz countertops, a new stainless steel sink, and upgraded lighting. Built in 2002, it falls slightly outside the 20-year window for 'good' by age, but the partial renovations and high-end features like the custom primary closet and grand foyer elevate it above the 'fair' category. The kitchen and bathrooms appear functional and stylish, though the home has not undergone a full-scale modern renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Multi-Generational Layout

    The floor plan is exceptionally functional, featuring five bedrooms including a sought-after downstairs bedroom and full bath, making it ideal for guests or multi-generational living arrangements.

  • Premium Gated Community & Location

    Located in the prestigious Riverwalk Tiburon community, the property offers resort-style amenities and high walkability to La Sierra University and major retail hubs like Costco and 99 Ranch Market.

  • Modern Kitchen Upgrades

    The kitchen has been recently refreshed with brand new quartz countertops, a new stainless steel sink, and a modern range hood, providing an updated aesthetic and immediate move-in readiness.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Limited Outdoor Space

    With a lot size of 4,792 square feet for a nearly 3,000 square foot home, the private backyard area is relatively compact, which may limit options for extensive outdoor entertaining or play.

  • Inconsistent School Ratings

    While the area is served by the Alvord Unified district, the immediate neighborhood schools have inconsistent ratings, with some local options scoring as low as a 2 or 3 on performance scales.

About 4878 Streambay Court

Reduced & Priced to sell! Welcome to sophisticated living in the prestigious Riverwalk Tiburon gated community, renowned for its resort-style amenities and serene setting. This elegant cul-de-sac residence offers 5 bedrooms, 4 baths, and a versatile upstairs loft—perfectly blending luxury and functionality. A grand foyer with soaring ceiling, beautiful chandelier, and curved landing staircase sets an impressive tone. The formal living room flows seamlessly into an elegant dining area, ideal for gatherings. A convenient downstairs bedroom and full bath provide flexibility for guests, a home office, or multi-generational living. The charming kitchen impresses with brand new quartz countertops with breakfast bar, new stainless steel sink and faucet. The kitchen is further enhanced with range hood, pantry, command center, and bright breakfast nook. The adjacent family room, centered around a cozy fireplace, creates a warm, inviting space for everyday living and entertaining. The luxurious primary suite features a spacious sitting area, entertainment alcove, and large walk-in closet with custom organization, including jewelry trays and locking feature. The en-suite bath indulges with a soaking tub, separate shower, private water closet, dual vanities, and makeup station. Two additional bedrooms share a Jack-and-Jill bath, while a third en-suite bedroom ensures privacy. The flexible upstairs loft suits a home office or reading nook. Notable features include upgraded lighting and range hood, abundant natural light, three-car garage, second-floor laundry, under-stair storage, and beautifully landscaped grounds with fruit trees. Riverwalk Tiburon HOA amenities feature pools, spa, playground, picnic areas, park, dog park, gated entry, and guest parking. Just outside the gate lies the scenic Riverwalk Parkway pond, gazebo, and trail—a popular spot for photos and strolls. Within walking distance to La Sierra University and close proximity from Walmart, Costco, 99 Ranch Market, Home Depot, UFC gym, banks, restaurants, medical offices, and shopping, this location offers unmatched convenience. An opportunity to own an exceptional home in one of the area’s most desirable communities. Don’t miss your chance to make it yours.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2002
Lot Size
4,792 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$165.0 / Month

Neighborhood Insights

Riverside Unified Schools

Collett Elementary School

Grades PK-5 • 0.7 mi

4/10

S. Christa Mcauliffe Elementary School

Grades K-5 • 0.9 mi

5/10

Phillip M. Stokoe Elementary School

Grades PK-5 • 0.9 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
88%
Baths4.02.0
96%
Square foot2,9951,497.5
93%
Lot Size4,7927,841
14%
Price$819.9K$640.0K
93%
Price per sq ft$274$427
7%
Built year20021977
75%
HOA$165.0$0
84%
Days on market44176
3%

Pricing History

Listed for Sale

Feb 12, 2026

$819,888

$799,888

+3% Price Increase

Initial Listing

Price Change

Feb 10, 2026

$799,888

$819,888

-2% Price Drop

Initial Listing

Price Change

Jan 28, 2026

$819,888

$849,888

-4% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$849,888

Initial Listing

Sold

Mar 1, 2007

$522,000

Public Record

Sold

Dec 18, 2002

$324,000

Public Record

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