7453 Grazing Lane, Riverside, California 92507, Riverside, 92507 - 7 bed, 6 bath
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7453 Grazing Lane
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
7Beds
6Baths
3,560Sq Ft
10,354Lot Size
Property Price
LIST PRICE$1,060,000
EST. MARKET VALUE
$946,656
11% AboveMARKET VALUE
SUMMARY
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.
Estimated Market Value
$946,656
Based on Realkey algorithm analyzing recent comparable sales in Riverside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7453 Grazing Lane Subject 7 bd · 6 ba · 3,560 sqft · $266 | $1,060,000* List Price | 7 | 6 | 3,560 | $266 | - |
A 7483 Sage Scrub Sold 7 bd · 5 ba · 3,127 sqft · $297 · 0.2 mi | $930,000 | 7 | 5 | 3,127 | $297 | 0.2 mi |
B 8044 Country Mile Sold 5 bd · 4 ba · 3,148 sqft · $275 · 0.5 mi | $866,000 | 5 | 4 | 3,148 | $275 | 0.5 mi |
C 20583 Spring Sold 5 bd · 3 ba · 2,923 sqft · $277 · 0.6 mi | $810,000 | 5 | 3 | 2,923 | $277 | 0.6 mi |
D 7387 Silverspot Sold 5 bd · 3 ba · 2,923 sqft · $262 · 0.6 mi | $765,000 | 5 | 3 | 2,923 | $262 | 0.6 mi |
E 21565 Thomas Court Sold 6 bd · 4 ba · 2,824 sqft · $271 · 0.8 mi | $764,000 | 6 | 4 | 2,824 | $271 | 0.8 mi |
F 21047 Iron Rail Active 5 bd · 3 ba · 3,593 sqft · $264 · 0.1 mi | $949,000 List Price | 5 | 3 | 3,593 | $264 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Living
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.
- Modern Construction
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.
- Spacious Lot and Interior
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
- Lack of Scenic Views
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.
- Significant Price Appreciation
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.
About 7453 Grazing Lane
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 10,354 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 6.0 | 2.2 |
| Square foot | 3,560 | 1,854.896 |
| Lot Size | 10,354 | 8,680.308 |
| Price | $1.06M | $698.4K |
| Price per sq ft | $298 | $380 |
| Built year | 2021 | 1982 |
| HOA | $0 | $156 |
| Days on market | 130 | 57 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,060,000
$1,050,000
+1% Price Increase
Initial Listing
Price Change
Jun 16, 2026
$1,050,000
Initial Listing
Sold
Aug 24, 2021
$728,500
Public Record