
Riverbank, CA 95367
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $574,950—positioned slightly above the $562,930 Fair Market Value. While the price reflects a premium, the property features significant capital improvements, including a newer roof, HVAC, and dual-pane windows. With a Condition Rating of 4, the home offers a solid foundation for cosmetic modernization to drive future appreciation. Its large corner lot and proximity to the Crossroads Shopping Center provide excellent long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6501 Almondwood Dr Subject 3 bd · 2 ba · 1,796 sqft · $313 | $574,950* List Price | 3 | 2 | 1,796 | $313 | - |
A 6707 Zerillo Drive Sold 3 bd · 2 ba · 1,928 sqft · $331 · 0.2 mi | $639,000 | 3 | 2 | 1,928 | $331 | 0.2 mi |
B 2618 River Cove Drive Sold 3 bd · 2 ba · 1,637 sqft · $310 · 0.6 mi | $508,000 | 3 | 2 | 1,637 | $310 | 0.6 mi |
C 6036 Deep River Court Sold 4 bd · 3 ba · 1,664 sqft · $264 · 0.8 mi | $440,000 | 4 | 3 | 1,664 | $264 | 0.8 mi |
D 5819 Webb Street Sold 3 bd · 2 ba · 1,773 sqft · $299 · 0.8 mi | $530,000 | 3 | 2 | 1,773 | $299 | 0.8 mi |
E 7003 Royal Links Drive Sold 4 bd · 3 ba · 1,718 sqft · $317 · 0.6 mi | $545,000 | 4 | 3 | 1,718 | $317 | 0.6 mi |
F 2595 Bordona Drive Sold 3 bd · 2 ba · 1,143 sqft · $363 · 0.6 mi | $415,000 | 3 | 2 | 1,143 | $363 | 0.6 mi |
G 2518 Novi Drive Sold 4 bd · 3 ba · 1,709 sqft · $293 · 0.9 mi | $499,900 | 4 | 3 | 1,709 | $293 | 0.9 mi |
H 1920 Rockypoint Way Active 3 bd · 3 ba · 1,752 sqft · $308 · 0.5 mi | $540,000 List Price | 3 | 3 | 1,752 | $308 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 38 years old (built 1986), placing it in the >20y category. While major systems including the roof, HVAC, and windows are in excellent condition having been replaced within the last 5-6 years, the interior aesthetics—specifically the kitchen, bathrooms, and flooring—appear dated and original to the home, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7823, living area = 1796.
The property boasts several high-ticket updates including a newer roof, updated HVAC system, newer water heater, and dual-pane windows, significantly reducing immediate maintenance concerns for a new owner.
Situated on a generous 7,840-square-foot corner lot in the desirable River Oak community, the home offers enhanced curb appeal, privacy, and ample outdoor space for recreation.
The property features a transferable solar lease rather than an owned system, which requires the buyer to assume a monthly financial obligation and meet lease transfer requirements.
Built in 1986 and featuring standard tile and carpet flooring, the interior may require cosmetic modernization to align with contemporary design trends and maximize its market value.
Welcome to 6501 Almondwood Drive, located in Riverbank's highly desirable and established River Oak community. This well-maintained single-story home offers 3 bedrooms, 2 bathrooms, and 1796 square feet of comfortable living space on a generous 7,840-square-foot corner lot. Built in 1986, the home features a spacious great room, tile and carpet flooring, and an inviting layout ideal for everyday living and entertaining. Numerous improvements provide added comfort and peace of mind, including newer roof, updated HVAC system, newer water heater, and dual-pane windows replaced within the past 5-6 years. A transferable solar lease offers additional energy efficient benefits. The generous backyard provides plenty of room for outdoor enjoyment, while the attached two-car garage adds everyday convenience. Ideally situated near Riverbank's popular Crossroads Shopping Center, Galaxy Theaters, restaurants, grocery stores, parks, and other local amenities. This lovely home combines the charm of an established neighborhood with convenient access to everything the area has to offer. A wonderful opportunity to own a well-cared-for home in one of Riverbank's sought-after communities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,796 | 1,605.59 |
| Lot Size | 7,823 | 6,069.359 |
| Price | $575.0K | $481.8K |
| Price per sq ft | $320 | $296 |
| Built year | 1986 | 1996 |
| HOA | $0 | $141 |
| Days on market | 11 | 48 |
Oct 13, 2026
$574,950
Initial Listing
Jun 15, 2009
$176,000
Public Record
Apr 28, 2005
$380,000
Public Record
Mar 14, 2005
$325,000
Public Record
Apr 19, 1999
$183,500
Public Record