7486 Olive Grove, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath
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Riverside, California 92507
This Pristine 2025 New Construction Townhome is listed at $599,998, representing a premium turnkey residence aligned with its $561,643 Fair Market Value. Boasting an Excellent Condition Rating, this Lennar-built end-unit features a modern granite kitchen, stainless appliances, and a private patio for outdoor relaxation. The interior offers unique ADA-compliant accessibility and a versatile upstairs loft. Residents benefit from resort-style amenities including a swimming pool and clubhouse within the Riverside Unified School District. Located minutes from UC Riverside, this home is ideal for first-time buyers or Owner-Occupants seeking a maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7486 Olive Grove Subject | $565,000* List Price | 3 | 3 | 1,549 | $356 | - |
A 7464 Fig Grove Lane Sold | $544,990 | 3 | 3 | 1,549 | $352 | 0.1 mi |
B 19249 Beech Grove Street Sold | $483,403 | 3 | 3 | 1,204 | $401 | 0.0 mi |
C 7891 Griffith Peak Street Sold | $569,000 | 4 | 3 | 1,702 | $334 | 0.9 mi |
D 7042 Olive Grove Street Active | $518,990 List Price | 3 | 3 | 1,474 | $352 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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, white cabinetry, and stainless steel appliances. All systems (HVAC/Electric) are new and meet current building codes.
Built in 2025, this Lennar home features contemporary open-concept living, energy-efficient systems, and unique accessibility features like wide doorways and reinforced bathroom walls for future-proofing.
As the largest end-unit located near a serene cul-de-sac, the property benefits from increased natural light, extra privacy, and a more spacious feel compared to standard interior units.
The HOA provides high-value inclusions like high-speed Wifi and clubhouse access, while the prime location offers proximity to UC Riverside and Downtown Riverside within a 10-minute drive.
The property was recently sold within the past year on 2025-06-18. The sold price is $533,000.00.
The $342 monthly association fee represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
With a total lot size of approximately 2,078 square feet, the outdoor area is limited to a small private patio, which may not satisfy buyers seeking a traditional backyard or garden space.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,549 | 1,556.5 | 50% |
| Lot Size | 2,078 | - | 75% |
| Price | $565.0K | $555.0K | 50% |
| Price per sq ft | $365 | $343 | 75% |
| Built year | 2025 | 2005 | 63% |
| HOA | $342.0 | $334 | 63% |
| Days on market | 43 | 216 | 13% |
May 24, 2026
$565,000
$579,998
-3% Price Drop
Initial Listing
May 6, 2026
$579,998
$599,998
-3% Price Drop
Initial Listing
Apr 24, 2026
$599,998
Initial Listing
Jun 18, 2025
$533,000
Public Record