7977 7977 Milligan, Riverside, California 92506, Riverside, 92506 - 5 bed, 4 bath

7977 7977 Milligan, Riverside, California 92506 home-pic-0
ACTIVE$900,000
7977 7977 Milligan, Riverside, California 92506
5Beds
4Baths
2,856Sqft
948,736,768Lot

Price Vs. Estimate

Estimation data not available

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 = 948736768, living area = 2856.
Top Cons:
Requires Significant Renovation/TLC: The property explicitly 'needs TLC and VISION,' indicating substantial investment and effort will be required to modernize and upgrade it to its full potential.

Compared to the nearby listings

Price:$900.0K vs avg $728.8K (+$171,175)75%
Size:2,856 sqft vs avg 1,954 sqft80%
Price/sqft:$315 vs avg $38612%

More Insights

Built in 2012 (13 years old).
Condition: The property, built in 2012, has a dated kitchen with original-style honey oak cabinets, granite countertops, and backsplash, though some appliances appear newer and functional. While one main bathroom vanity and the ADU bathroom show recent updates, the overall property requires significant cosmetic and functional renovation ('needs TLC and VISION') to meet modern standards, as explicitly stated in the listing. Major components appear functional but are outdated in style, aligning with the 'Fair' condition, despite the property's relatively young age. The unkempt landscaping also suggests deferred maintenance.
Year Built
2012
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$315
HOA
-
Days on market
-
Sold On
-
MLS number
CV25227256
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Patio
ViewMountain(s)

About this home

Welcome to 7977 Milligan Drive, an extraordinary property nestled in one of Riverside’s most desirable and scenic neighborhoods. Located on a prestigious tree-lined street in the 92506 zip code, this single-story estate offers the perfect balance of space, opportunity, and lifestyle. With a 2-car with tandem garage, income-producing guest house/pool house, and a resort-style backyard with a rock waterfall pool From the moment you arrive, the curb appeal stands out. Mature shade trees frame the wide frontage, giving the property a timeless, established feel. The expansive 2-car with Tandem garage provides endless flexibility: keep it as is for car enthusiasts, or convert part of it into additional living space. Imagine opening up the floor plan to create a massive great room, a private home theater, or even a luxury gym — while still maintaining a functional 2-car garage. Step outside and prepare to be amazed. The backyard is a true showstopper, designed for both fun and relaxation. The centerpiece is the sparkling pool with a natural rock waterfall feature — a tranquil and luxurious highlight that creates the feeling of a private resort. Surrounding it are multiple lounge areas, tropical landscaping, and a spacious deck perfect for entertaining. Whether it’s summer barbecues, pool parties, or peaceful evenings under the stars, this outdoor oasis delivers. Adding even more value is guest house/pool house ADU — ideal for multi-generational living, extended guests, or rental income. This makes the property not just a home. Prime Location! Milligan Drive is known for its vibrant trees, serene hillside setting, and beautiful homes. This residence is just minutes from Victoria Avenue, Canyon Crest Towne Centre, Sycamore Canyon Wilderness Park, the historic Mission Inn, and top-rated schools. With easy access to the 91, 60, and 215 freeways, you’ll enjoy both convenience and the tranquility of Riverside’s finest neighborhoods. Yes, the home needs TLC and VISION , but the potential here is unmatched. Once renovated, this property can become one of Riverside’s premier estates — combining resort-style amenities, modern upgrades, and timeless curb appeal. Photos include virtual staging to showcase possible design and layout options. Opportunities like this are rare. With its unbeatable combination of location, space, and features, 7977 Milligan Drive** is more than just a home — it’s your chance to design the dream lifestyle you’ve always wanted.

Condition Rating
Fair

The property, built in 2012, has a dated kitchen with original-style honey oak cabinets, granite countertops, and backsplash, though some appliances appear newer and functional. While one main bathroom vanity and the ADU bathroom show recent updates, the overall property requires significant cosmetic and functional renovation ('needs TLC and VISION') to meet modern standards, as explicitly stated in the listing. Major components appear functional but are outdated in style, aligning with the 'Fair' condition, despite the property's relatively young age. The unkempt landscaping also suggests deferred maintenance.
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 = 948736768, living area = 2856.
Prime & Desirable Location: Situated on a prestigious, tree-lined street in a scenic Riverside neighborhood, offering excellent freeway access and proximity to amenities like Victoria Avenue and Canyon Crest Towne Centre.
Income-Producing ADU/Guest House: Includes an income-producing guest house/pool house, providing significant flexibility for multi-generational living, extended guests, or rental income potential.
Resort-Style Backyard with Pool: Features a sparkling pool with a natural rock waterfall, multiple lounge areas, and tropical landscaping, creating an exceptional outdoor entertainment and relaxation oasis.
Strong Curb Appeal & Mature Landscaping: Mature shade trees and wide frontage contribute to a timeless, established feel and strong first impression, enhancing the property's aesthetic appeal.
Versatile Tandem Garage: The expansive 2-car with tandem garage offers flexibility for car enthusiasts or potential conversion into additional living space like a home theater or gym.

Cons

Requires Significant Renovation/TLC: The property explicitly 'needs TLC and VISION,' indicating substantial investment and effort will be required to modernize and upgrade it to its full potential.
Implied 'As-Is' Sale Condition: The description suggests the property is likely being sold in 'as-is' condition, placing the burden of all necessary repairs and upgrades on the buyer.
Potential for High Upfront Costs: Beyond the purchase price, buyers should anticipate considerable expenses for renovations to transform the property into a 'premier estate' as described.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state