
Riverside, California 92504
Analysis of 8853 Dufferin, Riverside, California 92504 is currently available with a list price of $1,895,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1982 (42 years old) and while it has received a recent cosmetic 'refresh' with new paint and flooring, the bathrooms remain dated with original 1980s-style tile countertops and fixtures. Because the core wet areas have not undergone a full modern renovation despite the surface updates, it fits the 'Fair' criteria for a home over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 5000.
The property features 5 sprawling acres in the prestigious Greenbelt and includes valuable Gage Canal shares, providing low-cost irrigation essential for maintaining groves, nurseries, or equestrian facilities.
With 5,000 square feet, 7 bedrooms, and 6 bathrooms—the majority of which are on the main level—the home offers an ideal configuration for large families or guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5000, other record living area = 4370. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
Managing a 5-acre agricultural lot and a large 1980s-built residence requires significant ongoing maintenance, labor, and potential modernization costs beyond the recent cosmetic updates.
The property's specialized focus on high-acreage utility and agricultural potential may limit the buyer pool to a specific niche, potentially impacting liquidity compared to standard luxury residential homes.
Welcome to an exceptional opportunity in the prestigious Greenbelt of Riverside-where lifestyle, space, and imagination come together. Set on a sprawling 5-acre corner lot, this unique property offers rare privacy and versatility with four separate entrances, making it ideal for a variety of uses. The expansive residence features a thoughtfully designed 7-bedroom, 6 bathroom layout, with the majority of bedrooms conveniently located on the main level and only one upstaris-perfect for multigenerational living or extended guest accommondations. Recently refreshed with new interior and exterior paint and updated flooring, the home blends comfort with functionality. Beyond the home, the possibilities are endless: cutlivate your own grove, establish a nursery, or create an equestrian haven with room for horses and more. Adding to its value, the property includes shares in the Gage Canal, providing access to irrigation water at a significcantly reduced cost-an invaluable benefit for maintaining acreage, agriculture, or landscaping. This is Greenbelt living at its finest- space, flexibility, and opportunity, all at an improved sales price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 5,000 | 1,470.5 | 98% |
| Lot Size | 217,800 | 8,276 | 99% |
| Price | $1.90M | $619.5K | 98% |
| Price per sq ft | $379 | $423 | 36% |
| Built year | 1982 | 1960 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 159 | 1% |
May 5, 2026
$1,895,000
Initial Listing
Jul 31, 2002
$450,000
Public Record