9605 Bonsai, Riverside, California 92508, Riverside, 92508 - 5 bed, 3 bath
9605 Bonsai
Riverside, California 92508
Property Price
SUMMARY
Analysis of 9605 Bonsai, Riverside, California 92508 reveals a property with a current list price of $839,900, which is 4% above the estimated $800,722 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9605 Bonsai Subject | $839,900* List Price | 5 | 3 | 2,528 | $317 | - |
A 9650 Babaco Street Sold | $735,869 | 5 | 3 | 2,519 | $292 | 0.5 mi |
B 9683 Salamanca Street Sold | $715,859 | 5 | 3 | 2,519 | $284 | 0.3 mi |
C 19345 Nalancia Way Sold | $728,869 | 5 | 3 | 2,519 | $289 | 0.4 mi |
D 19440 Nalancia Way Sold | $752,859 | 5 | 3 | 2,874 | $262 | 0.4 mi |
E 19355 Nalancia Way Sold | $801,165 | 5 | 3 | 2,874 | $279 | 0.4 mi |
F 19415 Nalancia Way Sold | $705,529 | 4 | 3 | 2,218 | $318 | 0.4 mi |
G 9611 Babaco Street Pending | $711,990 List Price | 5 | 3 | 2,519 | $283 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and features over $130,000 in high-end upgrades. The home boasts a modern quartz kitchen with stainless steel appliances, luxury vinyl plank flooring, and a resort-style backyard with a custom pool and sunken fire pit, meeting all current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Outdoor Living
The property features a resort-style backyard with a custom modern pool, sunken fire pit with built-in seating, and low-maintenance synthetic turf, offering an immediate luxury lifestyle.
- Significant Upgrades
With over $130,000 in enhancements, the home boasts high-end finishes including luxury vinyl plank flooring, a custom entertainment wall, and a gourmet quartz kitchen.
- Versatile Floor Plan
The 2022-built home includes a highly desirable downstairs bedroom and full bath, providing ideal flexibility for guests or multi-generational living arrangements.
CONSRISKS & DEFICIENCIES
- Recurring HOA Expenses
The $200 monthly association fee adds a permanent increase to the carrying costs of the property compared to non-HOA neighborhoods in the area.
- Compact Lot Size
At 6,098 square feet, the lot is relatively small for a five-bedroom home with a pool, which may limit additional yard space or privacy for some buyers.
About 9605 Bonsai
SELLER MOTIVATED | POOL | DOWNSTAIRS BEDROOM | This upgraded POOL HOME in the desirable Madeira community of Riverside offers over $130,000 in enhancements and a modern, functional layout designed for today’s lifestyle. The open-concept main level features luxury vinyl plank flooring, a custom entertainment wall with built-in shelving and fireplace, and a stunning quartz kitchen with center island, stainless steel appliances, and abundant cabinetry. A downstairs bedroom and full bath provide ideal flexibility for guests or multi-generational living. A large sliding glass door opens to a resort-style backyard showcasing a custom modern pool, sunken fire pit with built-in seating, synthetic turf, and low-maintenance landscaping. The extended driveway adds both convenience and curb appeal. Upstairs, the spacious primary suite offers a spa-inspired bath with dual vanities, soaking tub, separate shower, and walk-in closet. Additional bedrooms and a versatile loft complete the home. Located within the highly sought-after Riverside Unified School District and serviced by top rated schools, this property offers a premium lifestyle in one of Riverside’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 64% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,528 | 2,575 | 48% |
| Lot Size | 6,098 | 8,276 | 24% |
| Price | $839.9K | $758.8K | 72% |
| Price per sq ft | $332 | $308 | 63% |
| Built year | 2022 | 2001 | 75% |
| HOA | $200.0 | $12 | 92% |
| Days on market | 8 | 204 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$839,900
Initial Listing
Sold
Sep 19, 2022
$795,000
Public Record