4967 Chapala, Riverside, California 92507, Riverside, 92507 - 3 bed, 2 bath
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Riverside, California 92507
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $735,000—positioned well above the $685,592 Fair Market Value by 7%. While priced above current estimates, the property offers significant upside through its 10,890 sqft lot and ADU potential via the detached garage. Currently in Condition Rating 4, the home requires cosmetic modernization, yet provides a resort-style backyard with a private pool. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage Canyon Crest’s prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4967 Chapala Subject | $735,000* List Price | 3 | 2 | 1,634 | $420 | - |
A 1240 Blazewood Sold | $685,000 | 3 | 2 | 1,626 | $421 | 0.3 mi |
B 1650 Le Conte Dr Sold | $651,000 | 4 | 2 | 1,363 | $478 | 0.5 mi |
C 5015 Pearblossom Sold | $595,000 | 3 | 2 | 1,408 | $423 | 0.5 mi |
D 5015 Treehill Place Sold | $715,000 | 3 | 2 | 1,280 | $559 | 0.4 mi |
E 1027 Le Conte Active | $725,000 List Price | 4 | 3 | 2,139 | $339 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1962 and features a kitchen and bathroom renovation that appears to be 20-25 years old, characterized by dated oak cabinetry and white tile countertops. While the home is functional and well-maintained, it requires cosmetic modernization, and the presence of popcorn ceilings and older garage finishes suggests a need for minor repairs and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1634.
Situated in one of Riverside’s most prestigious neighborhoods with no HOA, this property offers elite proximity to the Canyon Crest Country Club, UCR, and high-end shopping.
The rare 10,890 sqft lot features a resort-style backyard with a private pool and pergola, providing a significant competitive advantage for outdoor entertaining in the Inland Empire.
With a 1962 build date, the property may require capital improvements to aging systems or structural elements to meet modern energy efficiency and building standards.
The current lack of professional photography ('photos coming soon') may hinder initial online engagement and slow the property's momentum during the critical first days of the listing.
*photos coming soon* Welcome to your own private retreat in the highly sought-after Canyon Crest neighborhood of Riverside — where comfort, convenience, and endless potential come together in one unforgettable home. Featuring 3 spacious bedrooms, 2 beautifully appointed bathrooms, a formal living room, and a warm inviting family room, this home was designed for making memories with the people who matter most. From holiday gatherings to summer celebrations, there is room for everyone to feel right at home. Step outside and fall in love with your backyard oasis. Cool off in the sparkling private pool during the hot Inland Empire summers or unwind beneath the pergola with a refreshing drink and peaceful evening breeze. Sitting on an expansive lot of over 10,000 sqft — a rarity in today’s market — the possibilities are truly endless. Adding even more value is the detached 2-car garage, offering incredible ADU potential for future rental income, multigenerational living, or a private guest retreat. Enjoy the luxury of living in one of Riverside’s most desirable communities with NO HOA, while being moments from beautiful parks, upscale shopping, fine dining, gyms, health practicing offices, premier golf, and the exclusive Canyon Crest Country Club. Conveniently located near the university, major freeways, and only 10 minutes from downtown Riverside, this home offers the perfect balance of privacy and accessibility. The location, layout, oversized lot, and resort-style pool make this a rare opportunity you do not want to miss. One visit and you’ll understand why this home is so special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,634 | 1,652 | 47% |
| Lot Size | 10,890 | 8,276 | 73% |
| Price | $735.0K | $647.5K | 73% |
| Price per sq ft | $450 | $393 | 79% |
| Built year | 1962 | 1974 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 178 | 1% |
May 29, 2026
$735,000
Initial Listing
Dec 11, 2023
$673,000
Public Record