7060 Olive Grove Street, Highgrove, California 92507, Highgrove, 92507 - 3 bed, 3 bath
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Highgrove, California 92507
This Turnkey Model Home is a Prime Investment Opportunity, listed at $508,340—positioned well below the $519,960 Fair Market Value by 2%. This valuation gap offers $11,620 in Instant Equity. Featuring a 2024 construction with a modern granite kitchen and designer flooring, the property maintains an Excellent Condition Rating. Located in the Riverside Unified district, this residence offers a low-maintenance lifestyle with community amenities like a clubhouse and pool. It is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7060 Olive Grove Street Subject | $498,340* List Price | 3 | 3 | 1,410 | $361 | - |
A 7464 Fig Grove Lane Sold | $544,990 | 3 | 3 | 1,549 | $352 | 0.2 mi |
B 19249 Beech Grove Street Sold | $483,403 | 3 | 3 | 1,204 | $401 | 0.2 mi |
C 7066 Olive Grove Street Pending | $487,250 List Price | 3 | 3 | 1,410 | $346 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 construction model home in mint condition. It features a modern kitchen with granite countertops and stainless steel appliances, designer flooring, and brand-new systems (HVAC/Electric), requiring zero maintenance.
As a model home, this property includes premium designer features and upgraded flooring, offering a high-end, turnkey aesthetic that surpasses standard new-build units.
Built in 2024, the home features a contemporary open-concept floorplan and modern energy efficiencies, providing the peace of mind and low maintenance associated with a brand-new residence.
Residents benefit from a master-planned community lifestyle with access to a clubhouse, swimming pool, and proximity to UCR and Downtown Riverside, enhancing both lifestyle and rental potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1410, other record living area = 1507.
The $332 monthly association fee represents a significant recurring cost that impacts overall affordability and may be a deterrent for budget-conscious buyers.
At 1,410 square feet for a three-bedroom home, the interior layout is relatively efficient and may feel restrictive for families requiring more spacious common areas or private yard space.
MODEL HOME! Includes Upgraded Flooring and Designer Features! The first floor of this two-story home is host to a spacious open floorplan consisting of an inviting Great Room, elegant dining room and modern kitchen. Three bedrooms can be found upstairs, including the luxurious owner’s suite, which is nestled into a back corner of the home for enhanced privacy and comfort. The kitchen features granite countertops and white cabinetry. The Gardens is a new collection of upscale townhomes for sale coming soon to the Highgrove Town Center master-planned community in Highgrove, CA. Residents enjoy prime amenities within the community such as social clubhouse, sparkling swimming pool, barbecue areas, tot lot and more. For local outdoor recreation, Box Springs Mountain Reserve Park features trails for hiking, mountain biking and horseback riding. Shopping and dining options at Downtown Riverside and the Mission Inn are just a 10-minute drive, while UCR is even less and nearby K-12 schools are less than three minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,410 | 1,556.5 | 38% |
| Lot Size | - | - | 50% |
| Price | $498.3K | $521.7K | 50% |
| Price per sq ft | $353 | $343 | 75% |
| Built year | 2024 | 2005 | 63% |
| HOA | $332.0 | $332 | 50% |
| Days on market | 17 | 216 | 13% |
Jun 1, 2026
$498,340
$508,340
-2% Price Drop
Initial Listing
May 20, 2026
$508,340
Initial Listing