8405 Manhasset St, Riverside, California 92508, Riverside, 92508 - 5 bed, 3 bath
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Riverside, California 92508
This Spacious Orangecrest Estate is a Strong Value Opportunity, listed at $768,888—positioned well below the $821,296 Fair Market Value by 6%. This valuation gap offers $52,408 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modernized chef's kitchen and energy-efficient solar panels. Located in a top-tier district with Martin Luther King Jr. High School (9/10), this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8405 Manhasset St Subject | $768,888* List Price | 5 | 3 | 3,096 | $265 | - |
A 19391 De Marco Sold | $820,000 | 5 | 3 | 3,257 | $252 | 0.4 mi |
B 8449 Monique Court Sold | $819,000 | 4 | 4 | 2,895 | $283 | 0.1 mi |
C 8634 Cabin Sold | $755,000 | 4 | 3 | 2,696 | $280 | 0.4 mi |
D 8170 Bon View Drive Sold | $825,000 | 5 | 3 | 2,617 | $315 | 0.3 mi |
E 19566 Denair Court Sold | $790,000 | 5 | 3 | 3,257 | $243 | 0.6 mi |
F 20228 June Court Sold | $729,000 | 4 | 3 | 2,784 | $262 | 0.8 mi |
G 9131 Santa Barbara Drive Active | $829,000 List Price | 5 | 3 | 3,186 | $260 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 2000 (24 years old), the property features a high-end kitchen renovation completed within the last 5 years, including quartz countertops and shaker cabinetry. With a newer HVAC system and well-maintained living areas, the home is move-in ready, though the agent notes room for further personalization in other areas.
High School: Martin Luther King Jr. High School (9/10).
The property offers significant long-term savings with no monthly HOA dues, an incredibly low tax rate, and energy-efficient solar panels providing immediate electrical savings.
The heart of the home features a high-end remodel including crisp white shaker cabinetry, upgraded quartz countertops, and a large center island perfect for entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7656, other record lot size in square feet = 7405.
The home is priced to reflect the need for custom personalization, suggesting that some interior finishes beyond the kitchen may require additional investment to modernize.
The solar panels are on a pay-as-you-go system, which requires the buyer to assume an existing contract rather than owning the equipment outright.
Boasting an incredible neighborhood location and a massive floor plan, this grand Orangecrest estate offers unparalleled scale, huge financial savings, and the ultimate value-add opportunity! Sprawling across nearly 3,100 sq ft, this 5-bed, 3-bath property delivers NO monthly HOA dues, an incredibly low tax rate, and a newer HVAC system replaced within the last few years. Adding to your peace of mind, the home features highly efficient solar panels on a convenient pay-as-you-go system, allowing for immediate electrical savings from day one while offering a solid structural foundation with the potential to build quick equity. From the moment you cross the threshold, the architectural elegance of the sweeping open floor plan takes center stage. Soaring ceilings invite an abundance of natural light into the main living spaces, beautifully framed by exquisite crown molding and elegant custom plantation shutters that grace the vast majority of the home. The heart of the residence features a beautifully updated kitchen, anchoring the open layout with crisp white shaker cabinetry, stunning upgraded quartz countertops, and sleek stainless steel appliances. A large center island offers the perfect setup for casual seating and entertaining, flowing seamlessly into the main family room. Upstairs, a grand double-door entry opens to reveal a massive, flexible bonus bedroom complete with its own closet. This colossal space acts as a versatile canvas for a home theater, a spacious game room, or a creative studio, featuring a dramatic open overlook to the grand living areas below providing an airy, high-end loft aesthetic. The living space transitions outdoors to a private backyard oasis wrapped in mature landscaping for total privacy. Indulge in al fresco dining under the heavy-duty aluminum pavilion, a premium, maintenance-free shade structure. Enjoy your morning coffee or twilight gatherings while picking fresh fruit from your bountiful home orchard featuring multiple mature fruit trees, set against a serene backdrop of captivating distant mountain views. Orangecrest is a premier, self-contained community offering an abundance of amenities close by. This property is ideally situated within an award-winning school zone, just a short drive from UCR, and moments from 30-acre Orange Terrace Park. Structurally grand with an exceptional mechanical backbone, this home is thoughtfully priced to reflect room for your own custom personalization. Schedule your private tour today!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,096 | 1,723 |
| Lot Size | 7,656 | 8,712 |
| Price | $768.9K | $676.0K |
| Price per sq ft | $248 | $395 |
| Built year | 2000 | 1977 |
| HOA | $0 | $125 |
| Days on market | 19 | 58 |
Jul 3, 2026
$768,888
Initial Listing
Jun 24, 2009
$322,000
Public Record
Mar 6, 2001
$229,500
Public Record