
Riverside, California 92506
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $975,000—positioned well below the $1,058,830 Fair Market Value by 7%. This valuation gap offers $83,830 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the residence features dual Trane HVAC systems, a resort-style pool and spa, and a mature fruit orchard. Located in the Riverside Unified district, this property is an ideal acquisition for Owner-Occupants or discerning families seeking luxury and long-term value.
Property is new construction or fully renovated.
Although built in 2000, the home qualifies as Excellent due to significant recent renovations and system updates. Key mechanicals are nearly new, including dual Trane HVAC systems installed in 2019 (<5 years) and a 2018 water heater. The interior is in mint condition with real maple hardwood flooring, an updated kitchen featuring granite countertops and stainless appliances, and a resort-style backyard with recently upgraded pool equipment. The property is move-in ready with no deferred maintenance.
The property features an expansive 15,682 sqft lot with a deep-water pool, spa, fire pit, and a mature fruit orchard, offering a private retreat rarely found in suburban settings.
Equipped with dual 16 SEER HVAC systems installed in 2019, a whole-house fan, and updated pool equipment, the home ensures modern comfort and reduced utility concerns.
With a full bedroom and bathroom on the main level plus a spacious upstairs loft, the floor plan provides excellent flexibility for guests, home offices, or multi-generational families.
The extensive professional landscaping and diverse fruit orchard require significant ongoing upkeep, water usage, and specialized care to maintain their value.
While spacious, the two-story layout with the primary suite located upstairs may limit appeal for buyers specifically seeking single-level living or long-term accessibility.
Welcome to 7038 Harvest Lane, a beautifully upgraded home nestled in one of Riverside’s most desirable neighborhoods near Victoria Avenue. Offering 2,995 square feet of thoughtfully designed living space, this residence seamlessly blends timeless character, modern upgrades, and resort-style outdoor living. Beyond the double-door entry, you’ll find oak hardwood flooring throughout the foyer, living, and dining areas, high ceilings, crown molding, and professionally installed window treatments that enhance the home’s sophisticated ambiance. The spacious dining room is highlighted by a brick accent wall, creating a warm and inviting setting for gatherings. The kitchen opens seamlessly to the family room, where a custom distressed-wood built-in workstation adds both style and functionality. Upstairs, the home features two secondary bedrooms connected by a Jack-and-Jill bathroom, along with a spacious loft ideal for a media room, office, or additional living space. The luxurious primary suite showcases a custom wood-paneled accent wall and professionally designed closet systems. Downstairs, a generously sized bedroom and full bathroom provide the perfect setup for guests or multigenerational living. Designed for year-round comfort and efficiency, the home includes two Trane 16 SEER HVAC systems installed in 2019, a whole house fan, attic fan, and a water heater replaced in 2018. Step outside to your own private backyard retreat. The expansive covered patio, complete with three ceiling fans, creates the perfect environment for outdoor entertaining and relaxation. The resort-inspired pool and spa area features a large freeform pool with an 8-foot depth, sun ledge, and oversized spillover jacuzzi. Recent upgrades include a Pentair gas heater, variable-speed pump, and multi-color pool and spa lighting. The grounds are equally impressive with professional landscaping and lighting, redwood horizontal fencing, a shaded fenced dog area, and a paver gathering space centered around a stone fire pit. The incredible garden and orchard area includes raised planter beds and an impressive collection of mature fruit trees, including apple, peach, avocado, lemon, lime, tangerine, and Australian finger lime. A large storage shed and expansive concrete work area provide added versatility for hobbies, storage, or workshop space. 7038 Harvest Lane offers a rare opportunity to enjoy luxury living, exceptional outdoor amenities, and everyday comfort in the heart of Riverside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,995 | 1,867 | 84% |
| Lot Size | 15,682 | 10,019 | 73% |
| Price | $975.0K | $730.0K | 80% |
| Price per sq ft | $326 | $397 | 11% |
| Built year | 2000 | 1965 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 134 | 5% |
Jun 11, 2026
$975,000
Initial Listing
Jun 20, 2016
$515,000
Public Record
Jul 1, 2002
$350,000
Public Record
Apr 12, 2001
$309,500
Public Record
Apr 28, 2000
$260,000
Public Record