9586 Shadow Springs Drive, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath
Loading property details...
Moreno Valley, California 92557
This Spacious Traditional Home is a Strong Value Opportunity, listed at $550,000—positioned well below the $574,490 Fair Market Value by 4%. This valuation gap provides $24,490 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 4, the residence is move-in ready with a versatile floor plan including a main-level bedroom and full bath, Mountain Views, and No HOA fees. Situated on a large 6,969 sq. ft. lot within the Moreno Valley Unified district, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants seeking a value-add residence or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9586 Shadow Springs Drive Subject | $550,000* List Price | 4 | 3 | 2,361 | $243 | - |
A 9573 Pebble Brook Sold | $685,000 | 4 | 3 | 2,361 | $290 | 0.1 mi |
B 9615 Shadow Springs Drive Sold | $560,000 | 4 | 3 | 2,361 | $237 | 0.1 mi |
C 22508 Mountain View Road Sold | $547,000 | 3 | 3 | 2,073 | $264 | 0.8 mi |
D 22545 Canaleto Way Sold | $650,000 | 5 | 3 | 2,512 | $259 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is well-maintained with fresh paint and clean carpets, making it move-in ready. However, the kitchen features dated white appliances, traditional dark wood cabinets, and granite countertops that, while functional, are not modern. Bathrooms also show dated fixtures, vanities, and tile work. While cosmetically refreshed, the major components like kitchen and bathrooms show signs of being outdated and would benefit from renovation to meet current aesthetic standards.
The property features a highly desirable layout with one bedroom and a full bathroom on the main level, an open floor plan, and a large upstairs loft, offering exceptional flexibility for multi-generational living, guests, or dedicated home office space.
The absence of an HOA is a significant advantage, providing buyers with financial savings from monthly fees and freedom from restrictive community rules and regulations.
The kitchen is highlighted for its abundant cabinet space, a practical feature that addresses a common buyer need for ample storage and organization.
The current list price of $550,000 is notably lower than its last recorded sale price of $640,000 in 2024, which may raise questions for potential buyers regarding the property's current condition, market valuation, or previous overestimation.
Built in 1989, the property's age suggests that some interior finishes, fixtures, or major systems may be original or dated, potentially requiring updates or renovations to meet modern aesthetic and efficiency standards, as no recent upgrades are specified.
The property description does not mention the presence or type of a cooling system (e.g., central air conditioning), which is a critical amenity in Moreno Valley's warm climate and could be a significant concern for prospective buyers.
This home features four bedrooms and three bathrooms, with one bedroom and one full bath on the main level and NO HOA. Buyers who need space for guests, extended family, or a home office will see value right away. The open floor plan connects living, dining, and kitchen areas for easy daily living and entertaining. Upstairs, a large loft provides flexible space for a second living area, media room, or play space. The primary bedroom feels oversized and comfortable, with room for large furniture and a calm retreat feel. A spacious laundry room adds convenience and storage where buyers want it. The kitchen stands out with abundant cabinet space, giving buyers storage many homes lack. A large lot creates room for outdoor gatherings, play areas, or future projects. Located in an established Moreno Valley neighborhood close to shopping, schools, and commuter routes, this property offers size, layout, and location buyers want today. Schedule a private showing and open escrow on a home built for real life!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,361 | 1,765 | 85% |
| Lot Size | 6,969 | 7,841 | 26% |
| Price | $550.0K | $562.8K | 44% |
| Price per sq ft | $233 | $332 | 4% |
| Built year | 1989 | 1987 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 185 | 17% |
Jan 22, 2026
$550,000
Initial Listing
May 15, 2024
$640,000
Public Record
Apr 21, 2011
$230,000
Public Record
Mar 21, 2003
$238,000
Public Record
Sep 4, 1998
$138,500
Public Record