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12018 Dewar Drive, Riverside, California 92505, Riverside, 92505 - 5 bed, 3 bath

12018 Dewar Drive, Riverside, California 92505 home-pic-0
ACTIVE$799,999
12018 Dewar Drive, Riverside, California 92505
5Beds
3Baths
2,336Sqft
13,068Lot
Year Built
2010
Close
-
List price
$800K
Original List price
$950K
Price/Sqft
$342
HOA
$80
Days on market
-
Sold On
-
MLS number
IV25166098
Home ConditionGood
Features
Good View: Hills, Mountain(s), Neighborhood
Patio
ViewHills, Mountain(s), Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $800.0K(88th), sqft - 2336(82th), beds - 5(90th), baths - 3(69th).

BACK ON THE MARKET! Riverside Dream Home – DON’T, MISS THIS ONE! Welcome to 12018 Dewar Drive, a stunning 5-bedroom, 3-bathroom home located at the end of a quiet cul-de-sac in one of Riverside’s most desirable communities. Set on an expansive 13,068 sqft lot, this property offers the rare opportunity to add an ADU or custom pool while enjoying exceptional privacy, efficiency, and modern upgrades. Step inside to an inviting open floor plan filled with natural light. The great room flows seamlessly into the dining area and chef’s kitchen, which features mocha-stained cabinetry, granite slab countertops, under-cabinet lighting, and a modern touchless faucet — perfect for cooking and entertaining. Upstairs, you’ll find generously sized bedrooms, including a spacious master suite with walk-in closet and private bath. Property Highlights: • Paid Solar Panels – keep energy bills low • Newer HVAC (2022) & Water Heater (2023) • Expansive 13,068 sqft lot with scenic views • 3-car tandem garage + extra driveway parking • Low HOA & No Mello-Roos This home combines modern upgrades, a peaceful cul-de-sac location, and unmatched value — all while being just minutes from shopping, schools, and freeway access. Schedule your private tour today — homes like this don’t come along often!

Nearby schools

3/10
Phillip M. Stokoe Elementary School
Public,•PK-5•0.2mi
7/10
Promenade Elementary School
Public,•PK-5•1.0mi
5/10
S. Christa Mcauliffe Elementary School
Public,•K-5•1.1mi
3/10
Valley View Elementary School
Public,•K-5•1.2mi
4/10
Collett Elementary School
Public,•PK-5•1.5mi
4/10
Twinhill Elementary School
Public,•K-5•1.9mi
4/10
Myra Linn Elementary School
Public,•K-5•2.0mi
2/10
La Granada Elementary School
Public,•PK-5•2.4mi
4/10
Liberty Elementary School
Public,•PK-6•3.2mi
5/10
Ysmael Villegas Middle School
Public,•6-8•1.4mi
6/10
Arizona Middle School
Public,•6-8•2.4mi
3/10
Wells Middle School
Public,•6-8•2.7mi
4/10
Loma Vista Middle School
Public,•6-8•2.7mi
3/10
Chemawa Middle School
Public,•7-8•4.2mi
4/10
La Sierra High School
Public,•9-12•1.3mi
6/10
Hillcrest High School
Public,•9-12•1.5mi
4/10
Norte Vista High School
Public,•9-12•3.6mi
5/10
Arlington High School
Public,•9-12•4.3mi

Price History

Date
Event
Price
11/10/25
Price Change
$799,999-3.0%
11/05/25
Price Change
$825,000+3.3%
10/09/25
Price Change
$799,000-5.9%
09/30/25
Price Change
$849,000+2.9%
09/25/25
Price Change
$825,000-2.9%
09/18/25
Price Change
$850,000-2.9%
09/06/25
Price Change
$875,000-4.4%
08/31/25
Price Change
$915,000-1.1%
08/22/25
Price Change
$925,000-2.6%
07/28/25
Listing
$950,000
Condition Rating
Good
Built in 2010, this property falls within the 10-20 year age range for a 'Good' rating. The home is move-in ready with no immediate renovations required. Key systems like HVAC (2022) and water heater (2023) are new, ensuring modern comfort and efficiency. The kitchen features mocha-stained cabinetry, granite slab countertops, stainless steel appliances, and a modern touchless faucet, all in excellent condition. Bathrooms are clean, well-maintained, and functional with matching cabinetry and standard fixtures. Flooring is a mix of modern wood-look laminate and tile, and lighting is recessed or modern. While not extensively renovated to 'excellent' standards, all components are well-maintained and functional, showing minimal wear and tear.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2336.
Energy Efficiency & Modern Systems: Equipped with paid solar panels for reduced energy bills, and recently updated HVAC (2022) and water heater (2023), ensuring modern comfort and lower maintenance costs.
Expansive Lot with Development Potential: Sits on a large 13,068 sqft lot, offering significant space and the rare opportunity to add an Accessory Dwelling Unit (ADU) or a custom pool, enhancing future value and customization.
Desirable & Private Location: Located at the end of a quiet cul-de-sac in a highly desirable Riverside community, providing exceptional privacy and a peaceful living environment.
Favorable Financial Structure: Benefits from a low HOA fee and no Mello-Roos taxes, significantly reducing ongoing ownership costs for the buyer.
Modern Interior & Chef's Kitchen: Features an inviting open floor plan with abundant natural light and a chef’s kitchen boasting mocha-stained cabinetry, granite slab countertops, under-cabinet lighting, and a modern touchless faucet.

Cons

Significant Price Reductions: The property has undergone multiple and substantial price reductions from its original listing price of $950,000 to the current $799,999, which may indicate market resistance or an initial overvaluation.
Mixed School Ratings: While several schools are nearby, some elementary and middle schools in the immediate vicinity have lower ratings (e.g., 2-3 out of 10), which could be a concern for families prioritizing top-tier educational institutions.
Undeveloped Outdoor Space: Despite the expansive lot, the description emphasizes the *opportunity* to add an ADU or pool, suggesting the outdoor space is currently undeveloped and would require significant additional investment to create desired amenities.

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