
Riverside, California 92507
This Modern Energy-Efficient Condominium is a Strong Value Opportunity, listed at $495,000—positioned well below the $528,780 Fair Market Value by 6%. This valuation gap offers $33,780 in Instant Equity for the incoming owner. Built in 2024, the home maintains an Excellent Condition Rating and features a Granite Kitchen, Solar Panels with Battery System, and a private patio. Located in the Riverside Unified School District, it balances premium lifestyle perks with long-term financial growth. This is a premier choice for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7179 Olive Grove Street Subject | $495,000* List Price | 3 | 3 | 1,337 | $395 | - |
A 7463 Fig Grove Lane Sold | $511,616 | 3 | 3 | 1,257 | $407 | 0.1 mi |
B 19245 Sequoia Grove Sold | $449,990 | 2 | 2 | 1,192 | $378 | 0.0 mi |
C 19152 Chestnut Grove Court Sold | $461,990 | 2 | 2 | 1,121 | $412 | 0.1 mi |
D 19128 Chestnut Grove Court Sold | $468,261 | 2 | 2 | 1,121 | $418 | 0.1 mi |
E 7403 Fig Grove Way Sold | $453,990 | 2 | 3 | 1,121 | $405 | 0.1 mi |
F 7329 Alder Grove Way Sold | $463,246 | 2 | 3 | 1,121 | $413 | 0.1 mi |
G 20046 Red Rock Avenue Active | $535,000 List Price | 3 | 3 | 1,797 | $298 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024, making it nearly new and well within the 10-year threshold for an excellent rating. The home features modern design elements including an open-concept kitchen with granite countertops and white cabinetry, energy-efficient solar panels with a Franklin battery system, and contemporary fixtures throughout. As a recently constructed residence, all major systems and structural components are in pristine condition with no deferred maintenance.
Welcome to 7179 Olive Grove Street in Riverside — a beautifully maintained, nearly new end-unit home that offers the perfect opportunity for first-time buyers ready to step confidently into homeownership. Built just two years ago, this 3-bedroom, 2.5-bath residence combines modern style with everyday comfort. As an end unit, the home enjoys added privacy and enhanced natural light, creating a bright and inviting atmosphere throughout. The open-concept kitchen and living area is ideal for entertaining or relaxing at home, featuring granite countertops, crisp white cabinetry, and a seamless flow that makes the space feel both functional and welcoming. Upstairs, you'll find comfortably carpeted bedrooms designed for rest and relaxation, including a spacious primary suite with a cozy loft just outside the bedroom — perfect for a home office, reading nook, or flex space. The conveniently located upstairs laundry room adds everyday practicality, keeping chores simple and close to the bedrooms. Energy efficiency is a standout feature, with solar panels paired with a Franklin battery system to help reduce utility costs and provide added peace of mind. An attached two-car garage offers convenience and extra storage, while the community amenities enhance your lifestyle with access to a pool and clubhouse. Even better, the monthly HOA includes Wi-Fi, adding extra value and simplifying your monthly expenses. Modern, energy-efficient, private, and move-in ready — this is an exceptional opportunity to own a nearly new home in one of Riverside’s desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,337 | 1,102 | 82% |
| Lot Size | - | - | 50% |
| Price | $495.0K | $390.0K | 87% |
| Price per sq ft | $370 | $368 | 50% |
| Built year | 2024 | 1982 | 79% |
| HOA | $332.0 | $385 | 24% |
| Days on market | 64 | 177 | 13% |
Feb 17, 2026
$495,000
Initial Listing
Sep 25, 2024
$453,000
Public Record