7486 Olive Grove, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath
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7486 Olive Grove
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,549Sq Ft
2,078Lot Size
Property Price
LIST PRICE$515,000
EST. MARKET VALUE
$515,000
SUMMARY
This Stunning Move-In Ready Townhome is listed at $515,000, offering exceptional value at its Fair Market Value. Built in 2025, the property boasts an Excellent Condition Rating with modern Granite Countertops, Stainless Steel Appliances, and accessibility-focused design. Situated in a serene cul-de-sac within the Riverside Unified district, this end-unit provides a private Patio and access to resort-style amenities. Combining financial stability with a low-maintenance lifestyle, this residence is the perfect fit for first-time buyers or owner-occupants seeking a polished, stress-free transition near UC Riverside.
Estimated Market Value
$515,000
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 |
|---|---|---|---|---|---|---|
★ 7486 Olive Grove Subject 3 bd · 3 ba · 1,549 sqft · $332 | $515,000* List Price | 3 | 3 | 1,549 | $332 | - |
A 7464 Fig Grove Lane Sold 3 bd · 3 ba · 1,549 sqft · $352 · 0.1 mi | $544,990 | 3 | 3 | 1,549 | $352 | 0.1 mi |
B 7060 Olive Grove Street Sold 3 bd · 3 ba · 1,410 sqft · $346 · 0.2 mi | $488,340 | 3 | 3 | 1,410 | $346 | 0.2 mi |
C 7042 Olive Grove Street Sold 3 bd · 3 ba · 1,474 sqft · $345 · 0.2 mi | $508,990 | 3 | 3 | 1,474 | $345 | 0.2 mi |
D 7066 Olive Grove Street Sold 3 bd · 3 ba · 1,410 sqft · $339 · 0.2 mi | $477,990 | 3 | 3 | 1,410 | $339 | 0.2 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.
Brand new 2025 construction by Lennar in mint condition. Features a modern open-concept kitchen with granite countertops and stainless steel appliances, pristine bathrooms, and brand-new systems throughout requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Accessibility
Built in 2025, this brand-new townhome features contemporary finishes like granite countertops and stainless steel appliances, along with rare accessibility features including wide doorways and reinforced bathroom walls.
- Premium End-Unit Location
As the largest end-unit situated near a serene cul-de-sac, the property offers enhanced privacy and superior natural lighting compared to standard interior units.
- Comprehensive Community Amenities
The HOA provides significant value by including high-speed Wifi and access to resort-style facilities such as a swimming pool, clubhouse, and playground, all located within minutes of UC Riverside and Downtown.
CONSRISKS & DEFICIENCIES
- Extended Market Time
The property has been on the market for 142 days with seven consecutive price reductions, which may indicate initial overpricing or a lack of buyer urgency in the current market segment.
- Lack of Scenic Views
Despite its modern appeal and premium end-unit status, the property lacks any significant views, which could be a disadvantage for buyers seeking the aesthetic value common in Southern California hillside communities.
About 7486 Olive Grove
***PRICE REDUCTION*** Welcome to 7486 Olive Grove Street. This stunning Residence Four of The Gardens at Highgrove Town Center was built by Lennar in 2025. It is the Largest End-Unit Townhome that is located near a Serene Cul-De-Sac. This Residence offers Natural Lighting, Creating a Bright and Inviting Atmosphere throughout. Residence Four offers 3 Bedrooms, 2.5 Bathrooms, 1,549 Square Feet of Interior Space, Private Patio for Outdoor Relaxation. First Floor shares an Open-Concept Design between the Family Room, Dining area and Kitchen featuring Granite Countertops, White Cabinetry, Stainless Steel Appliances, making Entertaining easy. This Residence combines Modern Style with Everyday Comfort, which include Reinforced Bathroom Walls for Future Grab Bar installation and Wide Enough Doorways for Wheelchair Passage. Two-Car Garage with Direct Access. Upstairs, you'll find a Versatile Loft that can double as an additional Shared Living Space and Home Office. There are Two Secondary Bedrooms including one with a Walk-In Closet, along with a Luxe Owner's Suite with an En-Suite Bathroom and a Large Walk-In Closet. Conveniently located nearby is a Laundry Room that makes home chores simpler. HOA includes Wifi, Resort-Style Swimming Pool and Clubhouse, Tot Lot Playground, BBQ & gathering areas. Within a 10 minute drive are K-12 Schools, UC Riverside, Downtown Riverside, Mission Inn & Dining.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2025
- Lot Size
- 2,078 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $342.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,549 | 1,514.429 |
| Lot Size | 2,078 | 3,135.262 |
| Price | $515.0K | $534.8K |
| Price per sq ft | $332 | $360 |
| Built year | 2025 | 2007 |
| HOA | $342.0 | $343 |
| Days on market | 183 | 78 |
Pricing History
Listed for Sale
Sep 13, 2026
$515,000
$533,000
-3% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$533,000
$545,000
-2% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$545,000
$555,000
-2% Price Drop
Initial Listing
Price Change
Jun 19, 2026
$555,000
$565,000
-2% Price Drop
Initial Listing
Price Change
May 24, 2026
$565,000
$579,998
-3% Price Drop
Initial Listing
Price Change
May 6, 2026
$579,998
$599,998
-3% Price Drop
Initial Listing
Price Change
Apr 24, 2026
$599,998
Initial Listing
Sold
Jun 18, 2025
$533,000
Public Record