
Riverbank, CA 95367
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $550,000—positioned well below the $585,927 Fair Market Value by 6%. This valuation gap provides $35,927 in Instant Equity for the buyer. Featuring a 2021 build date and a Condition Rating of 2, the home includes premium upgrades like luxury vinyl plank flooring and a finished backyard with a covered patio. This property is an ideal choice for Owner-Occupants or first-time buyers seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5560 Landon Ln Subject 5 bd · 3 ba · 2,248 sqft · $261 | $550,000* List Price | 5 | 3 | 2,248 | $261 | - |
A 3006 Powers Avenue Sold 4 bd · 3 ba · 2,201 sqft · $236 · 0.3 mi | $520,000 | 4 | 3 | 2,201 | $236 | 0.3 mi |
B 5413 Flintridge Court Sold 4 bd · 3 ba · 1,853 sqft · $286 · 0.5 mi | $529,900 | 4 | 3 | 1,853 | $286 | 0.5 mi |
C 3256 Kyle Avenue Sold 4 bd · 2 ba · 1,743 sqft · $282 · 0.1 mi | $492,000 | 4 | 2 | 1,743 | $282 | 0.1 mi |
D 2637 Corral Way Sold 4 bd · 2 ba · 1,937 sqft · $258 · 0.7 mi | $500,000 | 4 | 2 | 1,937 | $258 | 0.7 mi |
E 5209 Sire Ct Active 4 bd · 3 ba · 2,246 sqft · $260 · 0.6 mi | $585,000 List Price | 4 | 3 | 2,246 | $260 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this home is less than 5 years old and in mint condition. It features modern upgrades including luxury vinyl plank flooring, granite countertops in the kitchen and bathrooms, stainless steel appliances, and a fully finished low-maintenance backyard. Systems are contemporary, including a tile roof and solar energy.
Unlike a base-model new build, this home features extensive post-construction improvements including luxury vinyl plank flooring, granite countertops, and a fully landscaped backyard with a covered patio and artificial turf.
The property offers a significant cost advantage with no HOA fees and no Mello-Roos assessments, combined with a list price that is $50,000 below its 2022 sale price.
The 5-bedroom layout includes a highly desirable downstairs bedroom and full bathroom, making it ideal for multi-generational living, guests, or a dedicated home office.
The property features a transferable solar lease rather than an owned system, which requires the buyer to assume a monthly payment and meet specific provider qualifications.
The assigned elementary school has a low rating (3/10), which may be a deterrent for families prioritizing high-performing school districts and could impact future resale demand.
Why settle for a base-model new build when you can own a move-in-ready home loaded with upgrades and improvements already completed? Offering one of the larger floor plans in the neighborhood, this beautifully updated 5-bedroom, 3-bath home combines the benefits of newer construction with thousands of dollars in finished upgrades that today's buyers won't have to pay for after closing. Inside, you'll find luxury vinyl plank flooring throughout, granite countertops in the kitchen and bathrooms, stainless steel appliances, upgraded pantry shelving, laundry room cabinetry, ceiling fans, and thoughtful storage solutions that add both style and functionality. The versatile floor plan includes a downstairs bedroom and full bath, perfect for guests, a home office, or multi-generational living. Upstairs, the spacious primary suite features double-door entry, a large walk-in closet, dual sinks, a soaking tub, and a separate shower. Three additional bedrooms and a full bath complete the upper level. Step outside to a backyard that's already finished and ready to enjoy, no contractors, and no additional expense. Features include a stamped colored concrete patio, covered outdoor living area, artificial turf, expanded driveway, concrete along the gated side yard, and drainage improvements designed to prevent standing water, creating a low-maintenance space perfect for entertaining or relaxing. The transferable Sunrun solar lease provides predictable energy costs, adding long-term value and efficiency. With a tile roof, spacious two-car garage, no HOA, and no Mello-Roos, this home offers an exceptional opportunity to enjoy all the advantages of newer construction without the added costs, delays, and projects that often come with buying new.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,248 | 1,605.59 |
| Lot Size | 5,001 | 6,069.359 |
| Price | $550.0K | $481.8K |
| Price per sq ft | $245 | $296 |
| Built year | 2021 | 1996 |
| HOA | $0 | $141 |
| Days on market | 23 | 48 |
Oct 1, 2026
$550,000
Initial Listing
Apr 21, 2022
$600,000
Public Record