548 Via La Paloma, Riverside, California 92507, Riverside, 92507 - 2 bed, 2 bath

548 Via La Paloma
Riverside, California 92507
Property Price
SUMMARY
Analysis of 548 Via La Paloma, Riverside, California 92507 is currently available with a list price of $598,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1981, this property is well-maintained but shows significant signs of being outdated. The kitchen features original-style wood cabinets, white tile countertops, white tile flooring, and dated fluorescent lighting. Bathrooms also have similar dated tile countertops, wood vanities, and older light fixtures. While functional and clean, the property requires substantial cosmetic updates to the kitchen, bathrooms, flooring (carpets and tiles), and light fixtures to meet current aesthetic standards. The overall condition suggests regular upkeep but no major modern renovations.
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 = 174240000, living area = 2182.
- Desirable Canyon Crest Location
Situated in the highly sought-after 'Canyon Hills' community, offering tranquility, well-manicured surroundings, and convenient access to Canyon Crest Country Club, dining, shopping, and entertainment.
- Exceptional Outdoor Living & Views
Features three private patios with seamless indoor-outdoor flow, providing picturesque views of mature trees and lush hillsides, enhancing the property's natural beauty and lifestyle appeal.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may not accommodate larger families or those requiring additional rooms for home offices or guest accommodations.
- History of Price Reductions
The property has undergone significant price reductions from its original list price of $695,000 to $598,000, which could suggest initial overpricing or market challenges.
- Recurring Association Fees
A monthly association fee of $430.0 adds a substantial recurring cost to homeownership, which potential buyers must factor into their budget.
About 548 Via La Paloma
Welcome Home... This lovely single story home is nestled in the heart of the highly sought after "Canyon Hills" community located in Canyon Crest. Upon entering the community you immediately sense the tranquility and serenity of this well-manicured neighborhood. Perfect for Relaxed & Elegant Living Just moments from the Canyon Crest Country Club and lively Town Center, you'll enjoy effortless access to dining, shopping, and entertainment, all while being surrounded by breathtaking natural beauty. Inside, this thoughtfully designed two-bedroom, two-bathroom home offers an ideal balance of comfort and style. The family room takes center stage with a walk-behind wet bar with granite countertops, creating the perfect setting for entertaining guests or unwinding with a drink or glass of wine in hand. Cozy up by the fireplace in the spacious living room or enjoy the seamless indoor-outdoor flow leading to three private patios, each offering picturesque views of mature trees and lush hillsides. The primary suite is a true sanctuary, featuring generous space and a private patio—your own serene escape to enjoy morning coffee or unwind in the fresh air. A well-equipped laundry room with utility sink adds practicality to the home's thoughtful layout. With its peaceful ambiance and prime location, this Canyon Crest gem offers a lifestyle of sophistication and ease. Don't miss the opportunity to make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 174,240,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,182 | 1,773 | 72% |
| Lot Size | 174,240,000 | 8,276 | 99% |
| Price | $598.0K | $655.0K | 31% |
| Price per sq ft | $274 | $367 | 10% |
| Built year | 1981 | 1977 | 52% |
| HOA | $430.0 | $0 | 98% |
| Days on market | 269 | 173 | 91% |
Pricing History
Listed for Sale
Dec 29, 2025
$598,000
$665,000
-10% Price Drop
Initial Listing
Price Change
Aug 8, 2025
$665,000
Initial Listing
Price Change
Jun 11, 2025
$695,000
Initial Listing






































