7616 Nectarsweet Drive, Riverside, California 92507, Riverside, 92507 - 4 bed, 3 bath
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7616 Nectarsweet Drive
Riverside, California 92507
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,409Sq Ft
6,534Lot Size
Property Price
LIST PRICE$820,000
EST. MARKET VALUE
$765,950
7% AboveMARKET VALUE
SUMMARY
This Brand New Single-Story Home is a Strong Value Opportunity, listed at $820,000—positioned well below the $765,951 Fair Market Value by -7%. Featuring a 2024 Construction date and an Excellent Condition Rating, this turnkey residence offers modern upgrades like hardwood flooring and a chef's kitchen. Located in the Spring Mountain Ranch Community near UCR, it provides a seamless lifestyle for those seeking luxury and convenience. This property is an ideal acquisition for Owner-Occupants or first-time buyers desiring a modern, low-maintenance sanctuary.
Estimated Market Value
$765,950
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 |
|---|---|---|---|---|---|---|
★ 7616 Nectarsweet Drive Subject | $820,000* List Price | 4 | 3 | 2,409 | $318 | - |
A 7598 Orangebrook Sold | $769,000 | 4 | 2 | 2,206 | $349 | 0.1 mi |
B 19668 Season Grove Dr Sold | $650,000 | 4 | 2 | 1,831 | $355 | 0.1 mi |
C 7664 Steamboat St Sold | $745,000 | 4 | 3 | 2,874 | $259 | 0.7 mi |
D 7387 Silverspot Sold | $765,000 | 5 | 3 | 2,923 | $262 | 0.9 mi |
E 20583 Spring Sold | $810,000 | 5 | 3 | 2,923 | $277 | 0.9 mi |
F 20064 Red Rock Sold | $580,000 | 4 | 3 | 1,702 | $341 | 0.5 mi |
G 19788 Season Grove Drive Active | $810,000 List Price | 4 | 3 | 2,507 | $323 | 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 2024 construction in mint condition. Features a modern kitchen with new appliances, upgraded hardwood flooring, and brand new systems, requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2024, this move-in ready single-story home features contemporary upgrades including hardwood flooring throughout and built-in lighting in every bedroom, ensuring a turnkey experience.
- Strategic Location
Situated in the sought-after Spring Mountain Ranch community, the property is just 10 minutes from UC Riverside and conveniently close to local parks and major shopping centers.
- Functional Open Layout
The nearly 2,500 sq ft floor plan offers a seamless flow with a dedicated office space, a large chef's kitchen, and expansive windows that provide abundant natural light.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 133 days on the market, the property has significantly exceeded the average listing duration for the area, which may indicate a disconnect between the asking price and current buyer demand.
- Limited Lot Size
The 6,534 sq ft lot is relatively modest for a home of this square footage, potentially restricting outdoor recreational space and privacy compared to larger parcels in the region.
About 7616 Nectarsweet Drive
Brand new single-story home. Move-In ready. 4-bedrooms and 2.5-bathrooms, Space for Office, 2,495 sq ft living space. This single-story home is located in the desirable Spring Mountain Ranch Community. Not too far from the community park. The home features open floor plan, double door to the backyard, perfect for modern living. Features a sizable kitchen with ample counter space and cabinets, equipped with modern appliances. Each bedroom has large windows that flood the rooms with natural light. The entire home is upgraded with hardwood flooring. Built-in lighting in each bedroom enhances ambiance and functionality. Just 10 minutes drive from the University of California, Riverside (UCR), and minutes away from many shopping centers and recreational park. An exceptional place to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $122.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,409 | 1,867.892 |
| Lot Size | 6,534 | 8,787.773 |
| Price | $820.0K | $692.3K |
| Price per sq ft | $340 | $386 |
| Built year | 2024 | 1980 |
| HOA | $122.0 | $151 |
| Days on market | 173 | 55 |
Pricing History
Listed for Sale
Mar 20, 2026
$820,000
Initial Listing
Sold
Jan 31, 2025
$720,000
Public Record