
Riverside, California 92507
This Modern Farmhouse Single Family Residence is a Prime Investment Opportunity, listed at $599,999—positioned well below the $616,006 Fair Market Value by 2%. This valuation gap offers $16,007 in Instant Equity. Featuring a Mint Condition Rating and energy-efficient systems, the home offers a versatile loft and a private patio. Located in the Riverside Unified district near Spring Mountain Ranch Park, this property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7643 Rubyred Glen Subject | $599,999* List Price | 3 | 3 | 1,869 | $330 | - |
A 7133 Flourish Street Active | $672,990 List Price | 3 | 3 | 1,876 | $359 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022/2023, making it less than 2 years old. It features modern farmhouse architecture, Energy Star efficient systems, leased solar, and contemporary interior finishes like quartz countertops and luxury vinyl flooring, meeting all criteria for mint condition with no maintenance required.
As a 2023-built Energy Star certified home with leased solar, this property offers significant utility savings and the peace of mind associated with near-new construction.
The open-concept floorplan includes a flexible upstairs loft that can easily be converted into a fourth bedroom, catering to growing families or remote work needs.
Located within walking distance to Spring Mountain Ranch Park, the property provides exceptional access to basketball courts, sand volleyball, and extensive picnic areas.
The solar panels are leased rather than owned, creating a mandatory monthly financial obligation that may be a deterrent for some buyers compared to owned systems.
The description indicates a need for the buyer to select flooring and countertops, implying the home may not be fully move-in ready and could require additional immediate investment.
Welcome to this near-new 2023-built Farmhouse-style home, offering modern design, energy efficiency, and the opportunity to add your own personal touches! Step through the front entry into an expansive open-concept floorplan featuring a spacious living room, open dining area, and beautifully designed kitchen space—ready for you to personalize with your own selection of kitchen countertops, flooring, and additional upgrade options. This thoughtfully designed two-story home features a versatile upstairs loft that can easily be converted into a 4th bedroom, perfect for growing households, a home office, or flex space. The spacious master suite offers a private retreat with a large walk-in closet and an attached spa-inspired bath complete with dual sinks and a generous walk-in shower. Additional highlights include elegant quartz countertops, Energy Star efficiency, and leased solar at only $80/month for added energy savings. The front yard is fully landscaped with drought-tolerant materials and equipped with an automatic drip irrigation system for easy maintenance. Ideally located within walking distance to Spring Mountain Ranch Park, residents can enjoy fantastic community amenities including basketball courts, sand volleyball courts, BBQ areas, and picnic spaces. This is an incredible opportunity to own a stylish, nearly new home in a highly desirable neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,869 | 1,654.5 | 64% |
| Lot Size | 3,920 | 8,276 | 10% |
| Price | $600.0K | $642.5K | 38% |
| Price per sq ft | $321 | $390 | 20% |
| Built year | 2022 | 1974 | 89% |
| HOA | $110.0 | $0 | 89% |
| Days on market | 0 | 178 | 1% |
May 8, 2026
$599,999
Initial Listing
Mar 6, 2024
$626,000
Public Record