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7855 Westpark Drive, Riverside, California 92506, Riverside, 92506 - 5 bed, 3 bath

7855 Westpark Drive, Riverside, California 92506 home-pic-0
ACTIVE$998,000
7855 Westpark Drive, Riverside, California 92506
5Beds
3Baths
2,905Sqft
28,314Lot

Price Vs. Estimate

The estimated value ($998,000) is $0 (0%) lower than the list price ($998,000). 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 = 28314, living area = 2905.
Top Cons:
Significant Price Reductions: Multiple price drops from the original list price of $1.168M to the current $998,000 may indicate initial overvaluation or market resistance, potentially signaling a longer time on market.

Compared to the nearby listings

Price:$998.0K vs avg $728.8K (+$269,175)80%
Size:2,905 sqft vs avg 1,954 sqft81%
Price/sqft:$344 vs avg $38623%

More Insights

Built in 1993 (32 years old).
Condition: Despite being built in 1993, this property has undergone extensive and very recent renovations, bringing it to an excellent condition. The description highlights a 'recently remodeled home' with 'new laminate flooring' and 'new interior paint.' The kitchen features updated painted cabinets, granite countertops, brushed nickel hardware, and stainless steel double ovens, all appearing modern and in pristine condition in the images. The primary bathroom has been extensively renovated with modern marble-look tile, a new vanity, an illuminated mirror, a large soaking tub, and a glass-enclosed shower, meeting current quality standards. While one A/C condenser is newer, the overall impression from the visible areas is of a property with minimal physical depreciation and high-quality, recent updates throughout.
Year Built
1993
Close
-
List price
$998K
Original List price
$1.17M
Price/Sqft
$344
HOA
-
Days on market
-
Sold On
-
MLS number
WS25183217
Home ConditionExcellent
Features
ViewCity Lights,Neighborhood

About this home

Recently remodeled home located in the highly desirable neighborhood of Alessandro Heights in Riverside. Boasting 5 bedrooms and 3 bathrooms (One main floor bedroom and bathroom). This home has everything you're looking for. Upon entering the home, you will be amazed with the soaring ceilings, large windows for natural light, new laminate flooring and new interior paint. This home also has not one, but two, fireplaces downstairs located in the living and family room. The formal dining room has added storage and the updated kitchen opens up to both the tiled family room and breakfast nook. The kitchen features granite countertops, recently painted cabinets, brushed nickel hardware and stainless steel double ovens. You'll notice as you head upstairs to the 3 secondary bedrooms, full bathroom and spacious primary bedroom. The primary bathroom has a huge soaking tub, separate shower and spacious walk-in closet. The home's front landscaping is drought resistant and the almost 3/4 acre lot has plenty of room for RV parking, future pool, or whatever your heart desires. The home also features dual A/C units (with one newer condenser unit) and 3 car garage. You can also access the backyard on both sides of the property. Low taxes and no HOA make this home one you don't want to miss.

Condition Rating
Excellent
Despite being built in 1993, this property has undergone extensive and very recent renovations, bringing it to an excellent condition. The description highlights a 'recently remodeled home' with 'new laminate flooring' and 'new interior paint.' The kitchen features updated painted cabinets, granite countertops, brushed nickel hardware, and stainless steel double ovens, all appearing modern and in pristine condition in the images. The primary bathroom has been extensively renovated with modern marble-look tile, a new vanity, an illuminated mirror, a large soaking tub, and a glass-enclosed shower, meeting current quality standards. While one A/C condenser is newer, the overall impression from the visible areas is of a property with minimal physical depreciation and high-quality, recent updates throughout.
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 = 28314, living area = 2905.
Recent Remodel & Modern Interior: The home has been recently remodeled with new laminate flooring, new interior paint, and an updated kitchen featuring granite countertops, painted cabinets, and stainless steel double ovens, offering a move-in ready and contemporary aesthetic.
Desirable Location & Neighborhood: Situated in the highly sought-after Alessandro Heights neighborhood of Riverside, providing a prestigious address and potentially strong property value retention.
Spacious Lot & Outdoor Potential: An expansive almost 3/4 acre lot offers ample space for RV parking, a future pool, or custom landscaping, providing significant flexibility for outdoor living and expansion.
Functional Layout & Key Features: Boasting 5 bedrooms (including one on the main floor), 3 bathrooms, soaring ceilings, large windows for natural light, two fireplaces, dual A/C units, and a 3-car garage, catering to diverse family needs and comfort.
Financial Advantages: The property benefits from low taxes and no HOA fees, significantly reducing the ongoing cost of homeownership for the buyer.

Cons

Significant Price Reductions: Multiple price drops from the original list price of $1.168M to the current $998,000 may indicate initial overvaluation or market resistance, potentially signaling a longer time on market.
Potential for Older Systems: While recently remodeled, the home was built in 1993. The mention of 'one newer condenser unit' for the A/C implies other major systems (e.g., plumbing, electrical, roof, the other A/C unit) could be original or older, potentially requiring future maintenance or replacement.
Undeveloped Backyard: Despite the large lot size and potential for a pool or RV parking, the description implies the backyard is largely undeveloped, requiring significant investment and vision from the new owner to create desired outdoor living spaces.

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