
Riverside, California 92506
This Turnkey Executive Residence is a Strong Value Opportunity, listed at $977,500—positioned well below the $1,041,998 Fair Market Value by 6%. This valuation gap offers $64,498 in Instant Equity for the buyer. With an Excellent Condition Rating and over $100K in recent upgrades, including owned solar and a private pool and spa, this home offers a premium lifestyle. Featuring a main-level bedroom and panoramic city light views, it is an ideal acquisition for multigenerational families or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 Clearwood Avenue Subject 5 bd · 3 ba · 2,650 sqft · $393 | $977,500* List Price | 5 | 3 | 2,650 | $393 | - |
A 902 Cannon Sold 5 bd · 3 ba · 2,323 sqft · $420 · 0.2 mi | $975,000 | 5 | 3 | 2,323 | $420 | 0.2 mi |
B 1074 Basilone Drive Sold 4 bd · 2 ba · 1,682 sqft · $458 · 0.2 mi | $770,000 | 4 | 2 | 1,682 | $458 | 0.2 mi |
C 6717 Mission Grove Parkway N Sold 4 bd · 2 ba · 2,305 sqft · $372 · 0.6 mi | $857,000 | 4 | 2 | 2,305 | $372 | 0.6 mi |
D 677 Garwood Court Sold 4 bd · 3 ba · 2,240 sqft · $417 · 0.7 mi | $935,000 | 4 | 3 | 2,240 | $417 | 0.7 mi |
E 6712 Mission Grove Parkway N Sold 5 bd · 3 ba · 2,803 sqft · $355 · 0.6 mi | $995,000 | 5 | 3 | 2,803 | $355 | 0.6 mi |
F 282 Port Royal Sold 4 bd · 3 ba · 2,224 sqft · $335 · 0.6 mi | $745,000 | 4 | 3 | 2,224 | $335 | 0.6 mi |
G 958 High Peak Sold 4 bd · 3 ba · 1,901 sqft · $381 · 0.4 mi | $725,000 | 4 | 3 | 1,901 | $381 | 0.4 mi |
H 7158 Foxcroft Sold 4 bd · 2 ba · 2,038 sqft · $358 · 0.5 mi | $730,000 | 4 | 2 | 2,038 | $358 | 0.5 mi |
I 145 Cottonwood Ave Pending 4 bd · 3 ba · 2,272 sqft · $350 · 0.2 mi | $795,000 List Price | 4 | 3 | 2,272 | $350 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1989, the property has undergone extensive recent renovations (under 5 years) totaling over $100K. Key updates include a newly installed furnace, energy-efficient heat pump, owned solar, and new luxury flooring. The kitchen and bathrooms feature modern upgrades such as granite countertops, new stainless appliances, and contemporary tile work, meeting the criteria for mint condition with no immediate maintenance required.
The property features a private pool, spa, built-in BBQ bar, and panoramic city light views on an expansive 1/3-acre lot, offering a premium entertainment space rarely found without HOA restrictions.
With over $100K in recent improvements, the home includes owned solar panels, a new furnace, and an energy-efficient electric heat pump, providing significant long-term utility savings.
The 2,650 sqft floor plan includes a highly desirable main-level bedroom and full bath, ideal for multigenerational living, along with gated RV access for additional utility.
Built in 1989, the residence may still possess some original structural or design elements that could require future modernization despite the recent cosmetic and mechanical upgrades.
Listed at nearly $1M, the property sits at the higher end of the Riverside residential market, which may limit the pool of competitive buyers in the current interest rate environment.
Experience exceptional elegance and resort-style living in this beautifully upgraded 5-bedroom, 3-bath CERTIFIED executive residence on an expansive approximately 1/3-acre homesite. Featuring owned solar, gated RV access, no HOA, a private pool and spa, and breathtaking panoramic city light views, this exceptional property offers an impressive blend of luxury, privacy, comfort, and functionality with over 100K in upgrades. Recent exterior paint and freshly painted fencing enhance the home's striking curb appeal, while a charming front courtyard with a tranquil decorative fountain creates a welcoming first impression. Inside, soaring ceilings, abundant natural light, plantation shutters, LED lighting, and sophisticated finishes create an inviting atmosphere. The dramatic foyer features stunning marble tile flooring and an elegant staircase, opening to spacious formal living and dining areas ideal for entertaining. At the heart of the home, the chef's kitchen showcases freshly painted wood cabinetry, granite countertops, stainless steel appliances, a brand-new cooktop, and a generous center island overlooking the family room with a cozy fireplace. A main-level bedroom and full bath offer exceptional flexibility for guests, extended family, or multigenerational living, while the downstairs laundry room adds convenience. Upstairs, the luxurious primary suite provides a peaceful retreat with a spa-inspired bath featuring a soaking tub, separate walk-in shower, dual vanities, and a generous walk-in closet. Three additional spacious bedrooms and a full bath complete the upper level. Step outside to your own private resort. The beautifully designed backyard features a sparkling pool and spa with auto-fill, covered patio, built-in BBQ bar, expansive entertaining areas, and low-maintenance turf. Whether relaxing poolside, dining outdoors, or entertaining guests, the setting is exceptional. Panoramic city light views provide a spectacular backdrop day and night. Additional updates include newer luxury flooring, recent exterior paint, freshly painted cabinets, fencing, new carpet, a newly installed furnace, and an energy-efficient electric heat pump. With its oversized lot, RV access, owned solar, resort-style backyard, flexible floor plan, stunning views, and no HOA, this remarkable residence delivers the space and lifestyle you've been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,650 | 1,854.896 |
| Lot Size | 14,375 | 8,680.308 |
| Price | $977.5K | $698.4K |
| Price per sq ft | $369 | $380 |
| Built year | 1989 | 1982 |
| HOA | $0 | $156 |
| Days on market | 24 | 57 |
Oct 1, 2026
$977,500
Initial Listing
May 27, 2022
$455,000
Public Record
Mar 20, 2002
$345,000
Public Record
May 9, 2001
$616,000
Public Record