5137 Peacock Lane, Riverside, California 92505, Riverside, 92505 - 3 bed, 2 bath
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5137 Peacock Lane
Riverside, California 92505
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,823Sq Ft
10,019Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$725,884
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $699,900—positioned well below the $701,876 Fair Market Value by 0.28%. Featuring a comprehensive modern remodel with a new kitchen and vinyl flooring, the property maintains an Excellent Condition Rating. The expansive 10,019 sq. ft. lot offers significant potential for outdoor expansion or an ADU. With distant mountain views and proximity to Riverside Unified schools, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready lifestyle.
Estimated Market Value
$725,884+$25,984 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5137 Peacock Lane Subject | $699,900* List Price | 3 | 2 | 1,823 | $398 | - |
A 5221 Dresden Place Sold | $625,000 | 3 | 2 | 1,453 | $430 | 0.2 mi |
B 5401 College Sold | $745,000 | 4 | 2 | 2,012 | $370 | 0.4 mi |
C 11220 Rogers Sold | $687,000 | 4 | 2 | 1,555 | $442 | 0.5 mi |
D 11272 Doverwood Sold | $630,000 | 5 | 3 | 1,555 | $405 | 0.5 mi |
E 4973 Butler Sold | $877,000 | 4 | 3 | 2,234 | $393 | 0.3 mi |
F 11251 Green Arbor Sold | $700,000 | 3 | 3 | 1,606 | $436 | 0.5 mi |
G 5481 Peacock Sold | $825,000 | 5 | 3 | 2,550 | $324 | 0.6 mi |
H 11775 Tilden Pending | $688,888 List Price | 3 | 2 | 1,744 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1953, the property has undergone a comprehensive recent remodel (less than 5 years ago). The renovation includes a brand-new kitchen with quartz countertops and cabinetry, fully updated contemporary bathrooms, new vinyl flooring, and recessed lighting throughout. The home is in mint, move-in-ready condition with modern finishes.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10019, living area = 1407.
- Comprehensive Modern Remodel
The home features a complete interior overhaul including a brand-new kitchen with quartz countertops, renovated bathrooms, and modern vinyl flooring, making it truly move-in ready.
- Generous Lot Size
Situated on a substantial 10,019-square-foot lot, the property provides ample outdoor space for potential expansion, ADU possibilities, or a private backyard oasis.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-04-09. The sold price is $549,000.00. The property was recently sold within the past year on 2026-04-08. The sold price is $510,000.00.
- Mediocre School Ratings
Several of the local assigned schools carry lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.
- Vintage Infrastructure
Originally built in 1953, the property may have underlying aged systems or structural elements typical of its era that were not explicitly mentioned as updated in the cosmetic remodel.
About 5137 Peacock Lane
Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home with a 2-car garage in Riverside! Step inside to a bright and inviting open-concept living area that seamlessly connects the living room, kitchen, and dining space—ideal for everyday living and entertaining. A separate family room provides additional flexibility for relaxing or hosting guests. The home features new recessed lighting, fresh interior paint, and elegant vinyl flooring throughout. The remodeled kitchen is complete with brand-new cabinetry, quartz countertops, modern finishes, and updated fixtures. Both bathrooms have also been tastefully renovated with clean, contemporary designs.A Conveniently located near shopping, dining, schools, parks, major freeways, and Hidden Valley Golf Club. Don’t miss this move-in-ready Riverside home—schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Riverside Unified Schools
Valley View Elementary School
Grades K-5 • 0.3 mi
3/10
Phillip M. Stokoe Elementary School
Grades PK-5 • 0.9 mi
3/10
Twinhill Elementary School
Grades K-5 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,823 | 1,867.892 |
| Lot Size | 10,019 | 8,787.773 |
| Price | $699.9K | $692.3K |
| Price per sq ft | $384 | $386 |
| Built year | 1953 | 1980 |
| HOA | $0 | $151 |
| Days on market | 40 | 55 |
Pricing History
Listed for Sale
Jul 31, 2026
$699,900
Initial Listing
Sold
Apr 9, 2026
$549,000
Public Record
Sold
Apr 8, 2026
$510,000
Public Record
Sold
Jun 24, 1994
$125,500
Public Record