7158 Golden Vale, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath
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Riverside, California 92506
This Spacious Hillcrest Estates Value-Add Property is listed at $1,200,000, positioned above the $999,995 Fair Market Value. The property serves as a significant land-heavy asset, boasting a 36,590 sqft Lot with clear ADU Potential, a Private Swimming Pool, Spa, and Master Bedroom Deck. While the Granite Kitchen provides immediate utility, the Condition Rating of 4 suggests a need for bathroom and system modernizations to maximize future ROI. Located in the Riverside Unified District, this is an ideal project for Value-Add Investors or Contractors seeking a high-upside renovation in a prestigious neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7158 Golden Vale Subject | $1,200,000* List Price | 5 | 3 | 2,954 | $339 | - |
A 945 Cannon Sold | $1,025,000 | 5 | 3 | 2,650 | $387 | 0.6 mi |
B 1042 Coronet Sold | $1,450,000 | 4 | 5 | 4,128 | $351 | 0.3 mi |
C 1249 Coronet Drive Sold | $1,350,000 | 4 | 5 | 3,855 | $350 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property shows a mix of updates and dated features. While it benefits from newer laminate flooring, granite countertops in the kitchen, and plantation shutters, the bathrooms are significantly outdated with gold-tone fixtures, glass block, and older vanities, requiring substantial renovation. The absence of central air conditioning in the description for a property of this age in Riverside is also a concern, suggesting potential for outdated major systems. The home is functional but requires significant cosmetic and potential system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36590, living area = 2954.
The property boasts a private swimming pool, jacuzzi, and a substantial 36,590 sqft lot, complemented by a master bedroom deck overlooking the pool, offering significant recreational and outdoor living opportunities.
The large property space explicitly allows for the addition of an Accessory Dwelling Unit (ADU), presenting a clear opportunity for enhanced future value and potential rental income.
The current list price of $1.2 million is a substantial increase from its last sale price of $825,000 in April 2024, and is 4% above the estimated property value, potentially indicating an aggressive pricing strategy.
Built in 1987, the property is over 35 years old. While some cosmetic updates are mentioned, there's no explicit detail on updates to major systems (e.g., HVAC, plumbing, electrical), which could lead to future maintenance or replacement costs.
The property description does not specify a central cooling system, which is a critical amenity in Riverside's warm climate and could be a significant missing feature requiring a substantial investment for installation.
Hillcrest Estates Community! features this beautiful 5 bedroom 3 bathrooms, Entry has a beautiful Crystal Chandelier, laminate flooring throughout with wrought iron staircase. Main level floor features 1 bedroom , 1 bath, formal living room formal dining, laundry room, granite kitchen countertops, open to family room, shutters on windows. Upstairs features deck on Master bedroom over looks the swimming pool and 3 additional bedrooms, and 2 bathrooms, long private driveway RV parking 3 car garage. The backyard features private swimming pool, jacuzzi, large property space available for a ADU, Very private and quiet neighborhood close to shopping center.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,954 | 1,896 | 82% |
| Lot Size | 36,590 | 9,801 | 88% |
| Price | $1.20M | $723.8K | 87% |
| Price per sq ft | $406 | $385 | 63% |
| Built year | 1987 | 1964 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 174 | 176 | 49% |
Oct 30, 2025
$1,200,000
Initial Listing
Apr 23, 2024
$825,000
Public Record