5215 Peony Court, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath
ACTIVE$749,000
5215 Peony Court, Riverside, California 92506
4Beds
3Baths
1,849Sqft
7,022Lot
Price Vs. Estimate
The estimated value ($747,572.475) is $1,427.525 (0%) lower than the list price ($749,000). This property may be overpriced.
Key pros and cons
Top Pros:
New Construction & Immediate Occupancy: Built in 2025, these homes are brand new and ready for immediate move-in, offering modern amenities and no deferred maintenance.
Top Cons:
Limited Inventory: With only 3 homes left, the 'FINAL OPPORTUNITY' status indicates very limited choices for prospective buyers, potentially reducing negotiation leverage.
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 brand new construction, built in 2025, and is described as 'complete and ready to move in now.' The images confirm a pristine, modern interior with new kitchen cabinets, countertops, stainless steel appliances, and contemporary tile flooring. Bathrooms feature new vanities, fixtures, and tiling. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria for a newly built home.
Year Built
2025
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$405
HOA
-
Days on market
-
Sold On
-
MLS number
IV25058955
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Patio
ViewHills, Mountain(s)
About this home
HOMES ARE NOW COMPLETE AND READY TO MOVE IN NOW! Less than 5 minutes away from vibrant Downtown Riverside and historic Mount Rubidoux, discover modern living in Riverside! Stunning AWARD-WINNING new construction cul-de-sac homes boast 4 bedrooms with a master on the first floor, RV access/parking, solar panels are owned, and detached garages (with ADU conversion potential). Don't miss this opportunity to own a piece of Riverside's future, with easy access to all amenities; only 3 homes left, FINAL OPPORTUNITY! SELLERS WILL OFFER INCENTIVES TO HELP WITH BUYERS' CLOSING COST.
Condition Rating
Excellent
This property is brand new construction, built in 2025, and is described as 'complete and ready to move in now.' The images confirm a pristine, modern interior with new kitchen cabinets, countertops, stainless steel appliances, and contemporary tile flooring. Bathrooms feature new vanities, fixtures, and tiling. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria for a newly built home.
Pros & Cons
Pros
New Construction & Immediate Occupancy: Built in 2025, these homes are brand new and ready for immediate move-in, offering modern amenities and no deferred maintenance.
Prime Location & Accessibility: Strategically located less than 5 minutes from vibrant Downtown Riverside and historic Mount Rubidoux, providing convenient access to amenities and recreational opportunities.
Desirable Features & Layout: Boasts a highly sought-after floor plan with 4 bedrooms, including a master suite on the first floor, and practical features like RV access/parking.
Energy Efficiency & Income Potential: Equipped with owned solar panels for energy savings and detached garages with significant ADU conversion potential, offering future income or flexible living options.
Financial Incentives & Quality Build: Sellers are offering incentives to help with buyers' closing costs, and the homes are described as 'AWARD-WINNING' new construction on a desirable cul-de-sac with hills and mountain views.
Cons
Limited Inventory: With only 3 homes left, the 'FINAL OPPORTUNITY' status indicates very limited choices for prospective buyers, potentially reducing negotiation leverage.
Potential for Higher Property Taxes & Fees: As new construction in a developing area, buyers should anticipate potentially higher property taxes (due to new assessed value) and possible Mello-Roos taxes or HOA fees, which are not explicitly detailed.
Market Urgency: The emphasis on 'FINAL OPPORTUNITY' creates a sense of urgency that might pressure buyers into quick decisions, potentially limiting thorough due diligence or comparative shopping.