5847 Meadowbrook Lane, Riverside, California 92504, Riverside, 92504 - 3 bed, 2 bath

5847 Meadowbrook Lane, Riverside, California 92504 home-pic-0
ACTIVE$625,000
5847 Meadowbrook Lane, Riverside, California 92504
3Beds
2Baths
1,008Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($568,905.455) is $56,094.545 (8%) lower than the list price ($625,000). 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 = 7405, living area = 1008.
Top Cons:
Property Age: Built in 1952, the property's underlying structure is over 70 years old, which may lead to concerns about older infrastructure or systems not covered by recent cosmetic upgrades.

Compared to the nearby listings

Price:$625.0K vs avg $628.5K ($-3,500)49%
Size:1,008 sqft vs avg 1,586.5 sqft8%
Price/sqft:$620 vs avg $41297%

More Insights

Built in 1952 (73 years old).
Condition: Despite being built in 1952, this property has undergone a comprehensive and recent renovation, aligning with the 'extensively renovated within 5 years' criteria. The description highlights a 'brand-new gourmet kitchen with modern cabinetry, sleek countertops, and stainless steel appliances,' 'completely remodeled bathrooms,' and 'new flooring throughout.' The images confirm a contemporary, high-quality finish in all key areas, including modern light fixtures and a fresh aesthetic, making it move-in ready with virtually new components.
Year Built
1952
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
PW25200534
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

This fully upgraded 3-bedroom, 2-bathroom home is move-in ready and located in a highly sought-after neighborhood of treelined streets! Every detail has been thoughtfully designed, making this home a true standout in today’s market. The open and bright floor plan features a brand-new gourmet kitchen with modern cabinetry, sleek countertops, and stainless steel appliances perfect for cooking and entertaining. The bathrooms have been completely remodeled, offering a spa like experience, while new flooring throughout brings a fresh and cohesive feel to every room. Sitting on a spacious lot, this home offers endless potential, whether you want to build a pool, create an outdoor oasis, or even add an ADU for rental income or multi-generational living. The large backyard is ideal for gatherings, play areas, or simply enjoying California’s beautiful weather. Located near top-rated schools, shopping, dining, and parks, this property offers both convenience and lifestyle. With all upgrades complete, you can move right in and start enjoying your new home without lifting a finger. Don’t miss your chance to own this turnkey gem!

Nearby schools

4/10
Mountain View Elementary School
Public,PK-60.7mi
4/10
Sierra Middle School
Public,7-80.8mi
2/10
Central Middle School
Public,7-81.5mi
5/10
Ramona High School
Public,9-121.8mi
7/10
Polytechnic High School
Public,9-122.4mi
Condition Rating
Excellent

Despite being built in 1952, this property has undergone a comprehensive and recent renovation, aligning with the 'extensively renovated within 5 years' criteria. The description highlights a 'brand-new gourmet kitchen with modern cabinetry, sleek countertops, and stainless steel appliances,' 'completely remodeled bathrooms,' and 'new flooring throughout.' The images confirm a contemporary, high-quality finish in all key areas, including modern light fixtures and a fresh aesthetic, making it move-in ready with virtually new components.
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 = 7405, living area = 1008.
Extensive Modern Upgrades: The property boasts comprehensive recent upgrades, including a brand-new gourmet kitchen with modern appliances, fully remodeled bathrooms, and new flooring throughout, presenting a move-in ready 'turnkey gem'.
Desirable Neighborhood & Convenient Location: Situated in a highly sought-after neighborhood with treelined streets, the home offers excellent proximity to top-rated schools, diverse shopping, dining options, and local parks.
Significant Outdoor & ADU Potential: The spacious 7,405 sqft lot provides ample room for outdoor enhancements such as a pool or an oasis, and offers significant potential for adding an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
Bright & Open Floor Plan: The interior features an open and bright floor plan, thoughtfully designed to maximize space and natural light, contributing to a fresh and cohesive living environment.
Proximity to Rated Schools: The property is located near several rated schools, including Polytechnic High School (rated 7) and Ramona High School (rated 5), offering good educational options.

Cons

Property Age: Built in 1952, the property's underlying structure is over 70 years old, which may lead to concerns about older infrastructure or systems not covered by recent cosmetic upgrades.
Compact Interior Living Space: With 1008 square feet, the interior living space is relatively compact for a 3-bedroom home, which might be a limiting factor for buyers seeking more expansive indoor areas.
Absence of Mentioned Cooling System: The property description extensively details upgrades but does not mention the presence of a central air conditioning system, which could be a significant drawback in California's climate.

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