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6571 Carioca Lane, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

6571 Carioca Lane, Riverside, California 92506 home-pic-0
ACTIVE$574,900
6571 Carioca Lane, Riverside, California 92506
4Beds
3Baths
2,188Sqft
Lot

Price Vs. Estimate

The estimated value ($599,900) is $25,000 (4%) higher than the list price ($574,900). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in Riverside's desirable Canyon Crest/Alessandro Heights area, offering convenient access to parks, shopping, and commuter routes.
Top Cons:
High Monthly HOA Fees: The $400 monthly association fee is a notable recurring cost that could deter some buyers.

Compared to the nearby listings

Price:$574.9K vs avg $462.5K (+$112,400)75%
Size:2,188 sqft vs avg 1,257 sqft75%
Price/sqft:$263 vs avg $32119%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this property is well-maintained but shows its age. The kitchen features granite counters and a stainless steel dishwasher, which are updates, but the cabinets appear older, and the lighting is dated. Popcorn ceilings are visible, and the flooring is a mix of older-style tile and carpet. While functional, the property requires minor updates to meet current aesthetic standards, aligning with a 'Fair' condition.
Year Built
1978
Close
-
List price
$575K
Original List price
$600K
Price/Sqft
$263
HOA
$400
Days on market
-
Sold On
-
MLS number
SW25193050
Home ConditionFair
Features
Patio
View-

About this home

Spacious end unit in Hillcrest Townhomes, set in Riverside’s Canyon Crest/Alessandro Heights area. The main level features a bright living room with brick-faced gas fireplace, soaring ceilings with a loft-style overlook, a breakfast bar, dining area, powder room, and an attached 2-car garage with laundry. The kitchen offers granite counters and opens to a private patio/courtyard and landscaped greenbelt. Upstairs are three bedrooms and two baths, including a generous ensuite; rear bedrooms capture mountain/valley views. Notable touches include beamed/cathedral ceilings, built-ins, tile and carpet flooring, ceiling fans, and central HVAC. Community amenities include a pool and spa; the neighborhood is close to parks, shopping, and commuter routes.

Nearby schools

5/10
Castle View Elementary School
Public,•K-6•0.5mi
4/10
Matthew Gage Middle School
Public,•7-8•1.8mi
7/10
Polytechnic High School
Public,•9-12•1.8mi
Condition Rating
Fair
Built in 1978, this property is well-maintained but shows its age. The kitchen features granite counters and a stainless steel dishwasher, which are updates, but the cabinets appear older, and the lighting is dated. Popcorn ceilings are visible, and the flooring is a mix of older-style tile and carpet. While functional, the property requires minor updates to meet current aesthetic standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Prime Location: Situated in Riverside's desirable Canyon Crest/Alessandro Heights area, offering convenient access to parks, shopping, and commuter routes.
Spacious & Unique Interior: Features a generous 2188 sqft end unit with soaring/beamed ceilings, a loft-style overlook, and a brick-faced gas fireplace, providing a distinctive living experience.
Modern Kitchen & Essential Amenities: Equipped with granite kitchen counters, central HVAC, and an attached 2-car garage with laundry, enhancing comfort and functionality.
Community Lifestyle: Access to desirable community amenities including a pool and spa, adding significant recreational value.
Private Outdoor Space & Views: Includes a private patio/courtyard opening to a landscaped greenbelt, with rear bedrooms offering mountain/valley views.

Cons

High Monthly HOA Fees: The $400 monthly association fee is a notable recurring cost that could deter some buyers.
Property Age: Built in 1978, the property is over 45 years old, which may imply potential for future maintenance or updates beyond what's mentioned.
Recent Price Reductions: Multiple price drops from the original listing suggest the property may have been initially overpriced or is experiencing slower market absorption.

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