5151 Peony Court, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

5151 Peony Court, Riverside, California 92506 home-pic-0
ACTIVE$749,000
5151 Peony Court, Riverside, California 92506
4Beds
3Baths
1,849Sqft
7,000Lot

Price Vs. Estimate

The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: As a 2025 build, this home offers modern design, energy efficiency, and minimal maintenance concerns, providing a fresh start for homeowners.
Top Cons:
Future Occupancy Timeline: With a year built of 2025 and an on-market date in late 2025, the property is not available for immediate move-in, which may deter buyers seeking quick occupancy.

Compared to the nearby listings

Price:$749.0K vs avg $728.8K (+$20,175)53%
Size:1,849 sqft vs avg 1,935 sqft43%
Price/sqft:$405 vs avg $38662%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new construction, built in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in the images. The kitchen features new white shaker cabinets, modern countertops, and brand-new stainless steel appliances (some still with protective film). Bathrooms are equally new with contemporary vanities and fixtures. All flooring (tile and laminate), light fixtures (recessed lighting and modern ceiling fans), and other components are virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation.
Year Built
2025
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$405
HOA
-
Days on market
-
Sold On
-
MLS number
IG25187755
Home ConditionExcellent
Features
Good View: Hills, Landmark, Neighborhood
Patio
ViewHills, Landmark, Neighborhood

About this home

Stylish new-build home in the HEART of Riverside. Safe & lively neighborhood! SELLER WILL ASSIST WITH CLOSING COSTS. A short walk down the street to the iconic Mt. Rubidoux and neighboring Ryan Bonaminio Park. Minutes from the trendy Downtown Riverside. The ambient here is great all year long. This charmer features 4 bedrooms, 3 bathrooms, a spacious detached garage, and an expansive front porch. Plenty of room for play in the backyard. Start the New Year in a beautiful brand-new Home!

Condition Rating
Excellent

This property is a brand-new construction, built in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in the images. The kitchen features new white shaker cabinets, modern countertops, and brand-new stainless steel appliances (some still with protective film). Bathrooms are equally new with contemporary vanities and fixtures. All flooring (tile and laminate), light fixtures (recessed lighting and modern ceiling fans), and other components are virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New Construction: As a 2025 build, this home offers modern design, energy efficiency, and minimal maintenance concerns, providing a fresh start for homeowners.
Prime Central Location: Situated in the 'HEART of Riverside,' the property boasts a safe and lively neighborhood, with walking access to Mt. Rubidoux and Ryan Bonaminio Park, and minutes from trendy Downtown Riverside.
Seller Closing Cost Assistance: The seller's offer to assist with closing costs provides a significant financial incentive, making the home more accessible and reducing upfront expenses for the buyer.
Ample Living Space & Features: With 4 bedrooms, 3 bathrooms, 1849 sqft, a spacious detached garage, an expansive front porch, and a generous backyard, the home is well-suited for families and entertaining.
Desirable Views: The property offers appealing views of Hills, Landmarks, and the Neighborhood, enhancing its aesthetic value and overall living experience.

Cons

Future Occupancy Timeline: With a year built of 2025 and an on-market date in late 2025, the property is not available for immediate move-in, which may deter buyers seeking quick occupancy.
Detached Garage: While spacious, the detached garage may offer less convenience and direct access to the home compared to an attached garage, particularly during inclement weather or for security.
Unspecified Cooling System: Despite mentioning a 'great ambient all year long,' the description does not explicitly state the presence of an air conditioning system, which is a crucial amenity for comfort in Riverside's climate.

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