7453 Grazing Lane, Riverside, California 92507, Riverside, 92507 - 7 bed, 6 bath

7453 Grazing Lane, Riverside, California 92507 home-pic-0
ACTIVE$1,070,000
7453 Grazing Lane, Riverside, California 92507
7Beds
6Baths
3,560Sqft
10,354Lot

Price Vs. Estimate

The estimated value ($1,011,594.08) is $58,405.92 (5%) lower than the list price ($1,070,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction: Built in 2021, this residence offers modern design, contemporary amenities, and reduced immediate maintenance needs.
Top Cons:
No View: The property explicitly states 'View: None,' which may be a drawback for buyers seeking scenic mountain, city, or panoramic views often available in the region.

Compared to the nearby listings

Price:$1.07M vs avg $652.9K (+$417,065)98%
Size:3,560 sqft vs avg 1,854 sqft99%
Price/sqft:$301 vs avg $35822%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The images showcase a modern, open-concept layout with a 'chef's kitchen' featuring white shaker cabinets, granite countertops, and contemporary lighting. Bathrooms are also new with clean, modern fixtures. Flooring consists of new wood-look LVP in main areas and fresh carpet in bedrooms. All components appear new, meeting current quality standards with no visible deferred maintenance or physical depreciation.
Year Built
2021
Close
-
List price
$1.07M
Original List price
$1.07M
Price/Sqft
$301
HOA
-
Days on market
-
Sold On
-
MLS number
TR25150519
Home ConditionExcellent
Features
View-

About this home

Welcome to 7453 Grazing Ln, a beautifully appointed residence in the heart of Riverside, CA. This charming home features an inviting open-concept layout, perfect for modern living and entertaining. The highlight of this property is the spacious in-law suite, complete with its own private entrance, offering complete independence and privacy for family members or guests. The main living areas are flooded with natural light, showcasing a cozy living room and a chef’s kitchen that flows seamlessly into the dining area. The in-law suite is an exceptional addition, whether you need space for extended family, a home office, or rental potential, this suite provides versatile options to suit your needs. This home is ideally located in a quiet neighborhood, with easy access to local amenities, schools, shopping, and freeways. Don’t miss the opportunity to own this gem in Riverside—perfect for multi-generational living or anyone seeking extra privacy and flexibility.

Condition Rating
Excellent

This property was built in 2021, making it virtually new. The images showcase a modern, open-concept layout with a 'chef's kitchen' featuring white shaker cabinets, granite countertops, and contemporary lighting. Bathrooms are also new with clean, modern fixtures. Flooring consists of new wood-look LVP in main areas and fresh carpet in bedrooms. All components appear new, meeting current quality standards with no visible deferred maintenance or physical depreciation.
Pros & Cons

Pros

Newer Construction: Built in 2021, this residence offers modern design, contemporary amenities, and reduced immediate maintenance needs.
Dedicated In-Law Suite: Features a spacious in-law suite with its own private entrance, providing complete independence, privacy, and versatile options for extended family, home office, or rental income.
Spacious Layout & High Capacity: With 7 bedrooms and 6 bathrooms across 3560 sqft, the home offers ample space ideal for large families or multi-generational living arrangements.
Open-Concept Design & Natural Light: The inviting open-concept layout and abundant natural light create a bright, airy, and modern living environment.
Convenient Location: Ideally located in a quiet neighborhood with easy access to local amenities, schools, shopping, and freeways, enhancing daily convenience.

Cons

No View: The property explicitly states 'View: None,' which may be a drawback for buyers seeking scenic mountain, city, or panoramic views often available in the region.
Lack of Outdoor Amenities Detail: The description does not highlight significant outdoor entertainment features such as a pool, extensive landscaping, or built-in BBQ, which are often desired in this market and price point.
Potential Overpricing: The listing price of $1,070,000 is higher than the estimated property value of $1,011,594, which could indicate it is priced above current market expectations.

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