
Riverside, California 92506
This Spacious Whitegate Estate is a Strong Value Opportunity, listed at $1,499,000—positioned well below the $1,521,227 Fair Market Value by 1.46%. This valuation gap offers $22,227 in Instant Equity. The property is in Good Condition, featuring a Detached ADU/Casita and 2023 HVAC upgrades. With a sparkling pool and mature tree views, it balances lifestyle luxury with income potential. This is an ideal acquisition for Owner-Occupants seeking multi-generational living or Buy-and-Hold Investors targeting rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7455 Jola Subject | $1,499,000* List Price | 5 | 5 | 4,713 | $323 | - |
A 7815 Westpark Drive Sold | $1,625,000 | 6 | 6 | 5,300 | $307 | 0.4 mi |
B 7945 Horizon View Drive Sold | $1,475,000 | 5 | 5 | 4,034 | $366 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1958, the property is well-maintained and move-in ready with significant recent capital improvements, most notably a new HVAC system (2023). The interior features updated bathrooms with modern tile work and a newer detached ADU. Although some built-in cabinetry and carpets reflect an older renovation style, the overall condition and system updates meet the 'Good' criteria.
The property includes a fully independent 704 sq. ft. guest house with its own kitchen and laundry, offering excellent potential for $2,000+ monthly rental income or multi-generational living.
Significant recent investments in 2023 for new HVAC systems, condensers, and ductwork, plus whole-house fans, ensure superior climate control and energy efficiency.
Situated on a prime half-acre lot in the prestigious Whitegate neighborhood, the estate provides rare privacy, a sparkling pool, and extensive parking with two separate two-car garages.
Built in 1958, the main residence may feature older interior layouts or require updates to original plumbing and electrical systems to meet modern standards.
Listed at nearly $1.5 million, the property is positioned at the top of the local market, which may result in a longer time on market due to a smaller pool of qualified buyers.
Exceptional Whitegate Estate with Detached Casita/ADU! Situated on a desirable corner half-acre lot in one of Riverside's most prestigious neighborhoods, this impressive property offers space, comfort, and versatility rarely found in today's market. The approximately 4,000 sq. ft. main residence features 4 bedrooms, 4 bathrooms, multiple living areas, and an ideal layout for both everyday living and entertaining. The expansive primary suite serves as a private retreat with a cozy fireplace, jetted soaking tub, separate shower, dual vanities, and a generous walk-in closet. Three additional bedrooms offer oversized closets, while thoughtful storage can be found throughout the home. The spacious kitchen is equipped with double ovens, a gas cooktop, abundant cabinetry, and opens to the formal living and dining rooms. A welcoming family room with fireplace, wet bar, and built-in media center provides the perfect gathering place, while the oversized game room overlooks the sparkling backyard pool. Comfort and efficiency are enhanced by newer HVAC upgrades (2023), including updated condensers, furnace, ductwork, and 2 whole-house fans (2021) Two separate two-car garages provide ample parking, storage, and flexibility. One of the property's most desirable features is the detached casita/ADU, offering approximately 704 sq. ft. of independent living space. Complete with its own bedroom, bathroom, spacious kitchen with full-size appliances, private laundry room, central heating and air, and a large walk-in closet, this space is ideal for multigenerational living, guests, a home office, or potential rental income. Guest house can potentially rent for $2,000 or more. Surrounded by mature trees and located in the highly sought-after Whitegate community, this remarkable property offers a rare combination of elegance, functionality, and opportunity in a truly exceptional setting. At night, you'll hear the owls that live nearby!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 5.0 | 2.0 | 92% |
| Square foot | 4,713 | 1,867 | 96% |
| Lot Size | 25,265 | 10,019 | 84% |
| Price | $1.50M | $730.0K | 94% |
| Price per sq ft | $318 | $397 | 10% |
| Built year | 1958 | 1964 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 134 | 5% |
Jun 12, 2026
$1,499,000
Initial Listing
Jan 28, 2021
$995,000
Public Record