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7844 Eastgate Court, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

7844 Eastgate Court, Riverside, California 92506 home-pic-0
ACTIVE$1,199,000
7844 Eastgate Court, Riverside, California 92506
4Beds
3Baths
2,550Sqft
20,909Lot

Price Vs. Estimate

The estimated value ($754,725.665) is $444,274.335 (37%) lower than the list price ($1,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2550.
Top Cons:
Significant Valuation Discrepancy: The current listing price is substantially higher than the provided property estimation, which may indicate overvaluation and could challenge marketability.

Compared to the nearby listings

Price:$1.20M vs avg $728.8K (+$470,175)89%
Size:2,550 sqft vs avg 1,954 sqft75%
Price/sqft:$470 vs avg $38681%

More Insights

Built in 1990 (35 years old).
Condition: This property, built in 1990, has undergone extensive and high-quality renovations, particularly in the kitchen and bathrooms. The gourmet kitchen features granite countertops, custom wood cabinets, wood floors, recessed lighting, and upgraded stainless steel appliances including a built-in refrigerator and wine cooler. The master bath is luxurious with stone countertops, dual sinks, an upgraded shower, and a separate soaking tub. Other bathrooms are also highly upgraded. The home boasts gleaming travertine and real hardwood floors, modern light fixtures, and a meticulously maintained exterior and backyard. While the renovations are significant and make the home move-in ready with no immediate updates required, the property's age (34-35 years) and the lack of explicit mention of recent updates to major systems like HVAC, plumbing, or electrical (which could be older than 15 years) prevent it from reaching an 'Excellent' score, which typically implies renovations within the last 5 years or a much newer build.
Year Built
1990
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
IV25090661
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Absolutely stunning 4-bedroom 3-bath semi-custom home on a huge 1/2-acre lot in the prestigious Alessandro Heights area of Riverside with wonderful city light views! Quiet cul-de-sac street. Nobody behind you! As you drive up to this beauty, you will notice it has curb appeal galore! Enter the front door into 2550 square feet of gracious living! Gleaming travertine floors in the entry and beyond. To your right is a spacious formal living room with soaring 2 story ceiling, real hardwood floors, woodburning fireplace with mantle, tile surround and recessed lighting. The large family room has real wood floors, a stunning fireplace with built in cabinets and window seats plus a slider to the backyard. The gourmet kitchen is beautiful! With granite countertops, tile backsplash, loads of custom wood cabinets, wood floors, center island with sink and breakfast bar, recessed lighting plus a built-in refrigerator and upgraded gas stove, dishwasher, microwave and wine refrigerator. SO much more! Off the kitchen is an oversized formal dining area with a vaulted ceiling. There’s also a large dining nook area overlooking the backyard. The downstairs is complete with a bedroom, upgraded full bath and a laundry room with sink, cabinets and a door to the backyard. Your 2nd floor features the master suite, 2 additional bedrooms and a hall bath. The master bedroom is HUGE and has a vaulted ceiling, custom fan, LOADS of closet space, plantation shutters and CITY LIGHT VIEWS! Your master bath is to die for! LOTS of cabinet space, dual sinks, stone countertops, vanity area and upgraded shower and a separate soaking tub with a view! The upstairs hall bath is highly upgraded and has dual sinks! Wander outside to your breathtaking backyard! It’s like a huge English Park! It has 3 separate covered patio areas, lots of concrete, manicured hedges, shrubs and trees, relaxing fountain, expansive grass play area with zipline AND the nicest tree house I have ever seen! Perfect for adults as well as kids! PLUS, City Light Views and NOBODY can build behind you! Off the front driveway is a LARGE gated RV parking area with a BIG storage shed and lots of extra concrete. The front yard is equally manicured and beautiful! Your 3-car garage has custom auto roll up openers on both upgraded garage doors and lots of storage space. I could go on and on about this home but please see all the pictures and the virtual tour then set up your private tour! You WON’T be disappointed!

Condition Rating
Good
This property, built in 1990, has undergone extensive and high-quality renovations, particularly in the kitchen and bathrooms. The gourmet kitchen features granite countertops, custom wood cabinets, wood floors, recessed lighting, and upgraded stainless steel appliances including a built-in refrigerator and wine cooler. The master bath is luxurious with stone countertops, dual sinks, an upgraded shower, and a separate soaking tub. Other bathrooms are also highly upgraded. The home boasts gleaming travertine and real hardwood floors, modern light fixtures, and a meticulously maintained exterior and backyard. While the renovations are significant and make the home move-in ready with no immediate updates required, the property's age (34-35 years) and the lack of explicit mention of recent updates to major systems like HVAC, plumbing, or electrical (which could be older than 15 years) prevent it from reaching an 'Excellent' score, which typically implies renovations within the last 5 years or a much newer build.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 2550.
Exceptional Lot & Privacy: The property boasts a huge 1/2-acre lot on a quiet cul-de-sac with no rear neighbors, offering significant privacy and expansive outdoor space.
Stunning City Light Views: Enjoy wonderful city light views from various points, including the master bedroom and backyard, enhancing the property's appeal and value.
Luxurious & Upgraded Interiors: The home features high-end finishes such as gleaming travertine and real hardwood floors, a gourmet kitchen with granite countertops, custom cabinets, built-in refrigerator, wine fridge, and extensively upgraded bathrooms including a luxurious master suite with a soaking tub.
Resort-Style Backyard Oasis: The breathtaking, meticulously manicured backyard is designed for entertainment and family enjoyment, featuring three covered patio areas, a relaxing fountain, expansive grass play area with a zipline, and a unique treehouse.
Practical Amenities & Curb Appeal: Includes a 3-car garage with upgraded auto roll-up openers, a large gated RV parking area with a storage shed, and impressive curb appeal, adding significant functional value.

Cons

Significant Valuation Discrepancy: The current listing price is substantially higher than the provided property estimation, which may indicate overvaluation and could challenge marketability.
Potential for Older Systems: Built in 1990, while many cosmetic upgrades are highlighted, the description does not specify updates to major systems like HVAC, plumbing, or electrical, which could be original and nearing the end of their lifespan, potentially incurring future replacement costs.
Absence of Central Air Conditioning Mention: The detailed property description does not explicitly mention the presence of a central air conditioning system, which is a crucial amenity for comfort in California's climate and could be a notable omission or a weakness if absent.

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