
Riverside, California 92507
This Modern Multi-Generational Residence is a Strong Value Opportunity, listed at $1,050,000—positioned above the $964,163 Fair Market Value. While the list price reflects a premium, the property offers an Excellent Condition Rating and a versatile In-Law Suite with Private Entrance. Built in 2021, this 3,560 sqft home provides a turnkey lifestyle in the Riverside Unified district. Its unique layout is perfectly suited for Multi-Generational Families or Owner-Occupants seeking rental income potential and modern, low-maintenance living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7453 Grazing Lane Subject | $1,050,000* List Price | 7 | 6 | 3,560 | $271 | - |
A 8044 Country Mile Sold | $866,000 | 5 | 4 | 3,148 | $275 | 0.5 mi |
B 21145 Sutter Creek Court Sold | $790,000 | 5 | 5 | 3,604 | $219 | 0.7 mi |
C 20583 Spring Sold | $810,000 | 5 | 3 | 2,923 | $277 | 0.6 mi |
D 7387 Silverspot Sold | $765,000 | 5 | 3 | 2,923 | $262 | 0.6 mi |
E 21565 Thomas Court Sold | $764,000 | 6 | 4 | 2,824 | $271 | 0.8 mi |
F 20349 Barrel Road Sold | $775,888 | 5 | 3 | 3,238 | $240 | 0.8 mi |
G 8153 Tristan Lane Sold | $950,000 | 5 | 3 | 3,301 | $288 | 0.6 mi |
H 8141 Tristan Lane Sold | $845,990 | 5 | 3 | 2,404 | $352 | 0.6 mi |
I 7483 Sage Scrub Active | $950,000 List Price | 7 | 5 | 3,127 | $304 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this home is less than 5 years old and in mint condition. It features modern finishes, contemporary bathroom tiling, and updated systems, requiring no maintenance or repairs.
With 7 bedrooms, 6 bathrooms, and a dedicated in-law suite featuring a private entrance, this property is exceptionally well-suited for large families or those seeking rental income potential.
Built in 2021, the home offers the benefits of contemporary building codes, energy efficiency, and a modern open-concept layout that appeals to today's buyers.
The property boasts a generous 3,560 square feet of living space situated on a 10,354 square foot lot, providing ample room for both indoor entertaining and outdoor activities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
The listing indicates no specific views, which may be a drawback for buyers looking for the elevated or panoramic vistas often sought after in this price bracket.
The list price of $1.05M represents a substantial jump from the 2021 sale price of $728,500, which may require strong comparable sales to support the valuation during appraisal.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,560 | 1,723 |
| Lot Size | 10,354 | 8,712 |
| Price | $1.05M | $676.0K |
| Price per sq ft | $295 | $395 |
| Built year | 2021 | 1977 |
| HOA | $0 | $125 |
| Days on market | 36 | 58 |
Jun 16, 2026
$1,050,000
Initial Listing
Aug 24, 2021
$728,500
Public Record