7947 Cold Creek, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath
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Riverside, California 92507
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $565,000—positioned well below the $589,155 Fair Market Value by 4%. This valuation gap offers $24,155 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 2019-built home includes a Granite Kitchen, Paid Solar Panels, and a Tankless Water Heater. Located in the secure Spring Mountain Ranch community, it offers a modern, low-maintenance lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7947 Cold Creek Subject | $565,000* List Price | 3 | 3 | 1,797 | $328 | - |
A 20065 Cold Canyon Court Active | $539,900 List Price | 3 | 3 | 1,503 | $359 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and in mint condition. It features a contemporary kitchen with granite countertops and stainless steel appliances, modern bathrooms, and high-efficiency systems including a tankless water heater and solar panels.
The property includes fully paid solar panels and a tankless water heater, offering significant long-term utility savings and modern sustainability for the homeowner.
Built in 2019, this newer-construction home features contemporary finishes such as granite countertops, stainless steel appliances, and durable vinyl plank flooring, ensuring a move-in-ready experience.
Located in the secure Spring Mountain Ranch community, the home offers a blend of safety and lifestyle with close proximity to scenic foothills, hiking trails, and local parks.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1097, living area = 1797.
With a lot size of only 1,097 square feet for a 1,797 square foot home, the outdoor space is extremely limited, which may be a drawback for buyers seeking a traditional backyard or privacy.
The $190 monthly association fee increases the total monthly carrying cost, which may deter buyers looking for a single-family residence without the overhead of a homeowners association.
Well located in the desirable gated community of Spring Mountain Ranch in Riverside. This newer-construction home offers comfort, stylish finishes, and an open-concept layout perfect for today’s lifestyle. Features 3 bedrooms and 2.5 bathrooms. Enjoy a bright and spacious living area that flows seamlessly into the contemporary kitchen featuring granite countertops, ample cabinetry, modern stainless steel appliances, and an oversized island ideal for entertaining. First floor features an easy to maintain vinyl planks flooring throughout. Upstairs, the spacious bedrooms provide comfort and privacy, the primary suite offers a relaxing retreat with a ceiling fan, walk-in closet and spa-inspired bath. Features modern smart home capabilities, tankless water heater, paid solar panels. Garage rage is attached. The low-maintenance backyard and side yard spaces are perfect for relaxing or hosting guests. Nestled near scenic foothills, hiking trails, parks, schools, and convenient freeway access, this home combines peaceful community living with easy access to shopping, dining, and downtown Riverside amenities. Move-in ready and designed for modern living. Come take this exceptional opportunity and make this home your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,797 | 1,652 | 59% |
| Lot Size | 1,097 | 8,385 | 1% |
| Price | $565.0K | $647.5K | 24% |
| Price per sq ft | $314 | $393 | 20% |
| Built year | 2019 | 1971 | 84% |
| HOA | $190.0 | $0 | 94% |
| Days on market | 11 | 165 | 1% |
Jun 5, 2026
$565,000
Initial Listing
Mar 10, 2023
$567,000
Public Record
Dec 29, 2020
$450,000
Public Record
Nov 15, 2019
$417,000
Public Record