5199 Peony Ct, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

5199 Peony Ct, Riverside, California 92506 home-pic-0
ACTIVE$739,000
5199 Peony Ct, Riverside, California 92506
4Beds
3Baths
1,849Sqft
7,703Lot

Price Vs. Estimate

The estimated value ($739,000) is $0 (0%) lower than the list price ($739,000). 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 = 7703, living area = 1849.
Top Cons:
Future Occupancy: The 'on market date' of August 2025 suggests the property may not be available for immediate move-in, requiring buyers to plan for a future occupancy date.

Compared to the nearby listings

Price:$739.0K vs avg $728.8K (+$10,175)52%
Size:1,849 sqft vs avg 1,935 sqft43%
Price/sqft:$400 vs avg $38658%

More Insights

Built in 2025 (0 years old).
Condition: This is a brand-new home built in 2025, featuring modern finishes and a move-in ready condition. The kitchen is equipped with new white shaker cabinets, stainless steel appliances, and contemporary countertops. Bathrooms are similarly updated with new vanities, fixtures, and tile. All components are new, meeting current quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$739K
Original List price
$739K
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
CV25180370
Home ConditionExcellent
Features
Good View: Hills
ViewHills

About this home

This brand-new home, part of a development that won the Old Riverside Foundation Award for Excellence in Infill Design, is perfectly located just minutes from the vibrant Downtown Riverside and within walking distance of the iconic Mt. Rubidoux. Offering modern finishes, a spacious layout, and move-in ready, it combines city convenience with outdoor adventure and with the SELLER WILLING TO COVER CLOSING COSTS, it’s a rare opportunity in one of Riverside’s most desirable areas.

Condition Rating
Excellent

This is a brand-new home built in 2025, featuring modern finishes and a move-in ready condition. The kitchen is equipped with new white shaker cabinets, stainless steel appliances, and contemporary countertops. Bathrooms are similarly updated with new vanities, fixtures, and tile. All components are new, meeting current quality standards 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 = 7703, living area = 1849.
New Construction: As a brand-new home built in 2025, it offers modern standards, energy efficiency, and minimal immediate maintenance or repair costs.
Award-Winning Design: Part of a development recognized with the Old Riverside Foundation Award for Excellence in Infill Design, ensuring superior architectural quality and thoughtful integration.
Exceptional Location: Strategically located minutes from vibrant Downtown Riverside and within walking distance to the iconic Mt. Rubidoux, offering a blend of urban convenience and outdoor recreation.
Buyer Incentive: The seller's willingness to cover closing costs provides a significant financial advantage, reducing the upfront investment for the buyer.
Modern & Turnkey: Features modern finishes and a spacious, move-in ready layout, appealing to buyers seeking immediate occupancy without additional renovations.

Cons

Future Occupancy: The 'on market date' of August 2025 suggests the property may not be available for immediate move-in, requiring buyers to plan for a future occupancy date.
Infill Development Characteristics: While award-winning, the 'infill design' context might imply a potentially smaller lot size (7,703 sqft) or closer proximity to neighbors compared to traditional suburban developments.
Limited Amenity Specifics: The description highlights modern finishes but lacks detailed information on specific high-end appliances, smart home technology, or community amenities, which could be a deciding factor for some buyers.

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