
Riverside, California 92506
This Single-Level Residence in the gated Paradise Palms community is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well above the $880,544 Fair Market Value by -19%. Featuring a Detached Casita and a Good Condition Rating, the home offers exceptional flexibility for multigenerational living or a private office. While the HOA fee is notable, the Granite Kitchen and Mountain Views provide significant lifestyle appeal. This property is an ideal acquisition for Owner-Occupants seeking a secure, low-maintenance lifestyle or Multigenerational Families requiring versatile space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5640 Queen Palms Subject | $1,050,000* List Price | 3 | 4 | 2,728 | $323 | - |
A 2078 Livingston Sold | $740,000 | 4 | 3 | 1,850 | $400 | 0.4 mi |
B 1750 Century Avenue Sold | $765,000 | 4 | 2 | 1,983 | $386 | 1.0 mi |
C 5323 Falkirk Active | $929,900 List Price | 4 | 4 | 2,402 | $387 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 19-year-old home falls within the 10-20 year range for a 'Good' rating. The property is well-maintained and move-in ready, featuring a functional kitchen with granite countertops and double ovens, and clean, updated bathrooms. While the finishes are original to the mid-2000s construction, the overall condition is excellent for its age with no visible maintenance issues.
The property features a detached casita with a full bathroom, offering rare flexibility for multigenerational living, a private guest suite, or a dedicated home office.
Built in 2005, this single-story residence boasts soaring ceilings and an open-concept floor plan that maximizes natural light and provides excellent accessibility.
Located within the exclusive Paradise Palms in Victoria Woods, the home offers enhanced security, privacy, and a well-maintained neighborhood aesthetic.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $560 is relatively high for the area and may impact the total monthly carrying cost for potential buyers.
With a lot size of approximately 6,969 square feet for a 2,728 square foot home, the yard space is compact, which may not appeal to those seeking large gardens or private pools.
Victoria Woods’ gated Paradise Palms community is home to this beautifully designed single-level residence, offering a rare combination of privacy, flexibility, and low-maintenance living.Centered around a charming private courtyard, the property features a spacious main residence with 2 bedrooms and 2.5 bathrooms, along with a detached casita offering an additional bedroom and full bath—ideal for guests, multigenerational living, a private home office, or creative studio.Inside, soaring ceilings and natural light enhance the open-concept floor plan. The expansive living and dining areas flow seamlessly into the well-appointed kitchen, creating an inviting space for everyday living and entertaining. The kitchen features granite countertops, a center island for meal preparation, a seated breakfast bar, double ovens, and ample cabinetry for storage.The primary suite offers a peaceful retreat with generous space and an en-suite bath, while the secondary bedroom includes its own private bathroom. An additional half bath provides convenience for guests.Adding to the homes functionality is a versatile bonus area located just off the garage entrance. Perfect for a home office, butler’s pantry, hobby room, or extra storage space, this flexible area adapts to a variety of needs. A two-car garage with indoor laundry completes the home.Enjoy the security and serenity of Paradise Palms while being conveniently located near shopping, dining, parks, and the historic charm of Victoria Woods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,728 | 1,723 |
| Lot Size | 6,969 | 8,712 |
| Price | $1.05M | $676.0K |
| Price per sq ft | $385 | $395 |
| Built year | 2005 | 1977 |
| HOA | $560.0 | $125 |
| Days on market | 20 | 58 |
Jul 2, 2026
$1,050,000
Initial Listing
Oct 1, 2020
$700,000
Public Record
Oct 7, 2005
$646,500
Public Record