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12590 Mango Lane, Riverside, California 92503, Riverside, 92503 - 5 bed, 3 bath

12590 Mango Lane, Riverside, California 92503 home-pic-0
ACTIVE$749,000
12590 Mango Lane, Riverside, California 92503
5Beds
3Baths
3,142Sqft
7,405Lot
Year Built
2002
Close
-
List price
$749K
Original List price
$875K
Price/Sqft
$238
HOA
$215
Days on market
-
Sold On
-
MLS number
25544765
Home ConditionFair
Features
Good View:
Patio
View

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $749.0K(65th), sqft - 3142(81th), beds - 5(82th), baths - 3(50th).

Beautiful 5-Bedroom Home in the Prestigious & Highly-Coveted Gated Community of Victoria Grove! Sitting on a spacious lot, just adjacent to Lake Matthews, this 2-story stunner features an open modern-concept layout w/ tile floors throughout. Entry w/ dual-height ceiling. Living room w/ adjacent dining area. Spacious kitchen w/ hardwood cabinets, walk-in pantry, center island w/ dine-in bar, & breakfasts area. Adjacent family room w/ fireplace. Huge 2nd floor loft area. Master Bedroom Suite w/ fireplace, dual vanities, soaking tub, & standing shower. Huge private backyard w/ outdoor kitchen/BBQ station, dining area, & grassy area - perfect for entertaining! Covered porch in front. Laundry room w/ plenty of storage. 3-car garage w/ plenty of driveway parking. Community amenities include a swimming pool/spa, community park/playground, & basketball courts. Walking distance to Lake Matthews Elementary & just minutes to the best shopping, dining, & entertainment the area has to offer. A unique opportunity that is not to be missed!

Nearby schools

7/10
Lake Mathews Elementary School
Public,•K-6•0.4mi
7/10
Frank Augustus Miller Middle School
Public,•7-8•5.5mi
5/10
Arlington High School
Public,•9-12•3.8mi

Price History

Date
Event
Price
11/14/25
Price Change
$749,000-2.7%
10/15/25
Price Change
$770,000-1.9%
08/21/25
Price Change
$785,000
05/28/25
Listing
$875,000
Condition Rating
Fair
Built in 2002, this property is over 20 years old and shows significant signs of age and wear, particularly in the kitchen and bathrooms. The kitchen features dated black appliances, tile countertops, and cabinets with visible peeling paint and distress. Bathrooms also present with worn vanities, basic fixtures, and outdated lighting. While functional, the interior requires minor to moderate updates to modernize the aesthetic and address the visible depreciation, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prestigious Gated Community: Located within the highly-coveted gated community of Victoria Grove, offering enhanced security and exclusivity.
Extensive Community Amenities: Residents benefit from a swimming pool/spa, community park/playground, and basketball courts, promoting an active lifestyle.
Modern & Functional Interior: Features an open modern-concept layout, a spacious kitchen with a center island and walk-in pantry, a huge 2nd-floor loft, and a luxurious master suite with a fireplace and spa-like bathroom.
Exceptional Outdoor Living Space: The huge private backyard includes an outdoor kitchen/BBQ station, dining area, and grassy space, ideal for entertaining.
Convenient Location & School Access: Walking distance to Lake Matthews Elementary and minutes away from shopping, dining, and entertainment options.

Cons

Significant Price Reductions: The property has undergone multiple price drops from an initial $875,000 to the current $749,000, potentially indicating overpricing or market resistance.
Estimated Value Discrepancy: The property's estimated value of $725,770.54 is lower than the current listing price of $749,000, suggesting it may still be slightly above market value according to automated valuations.
Ongoing Association Fees: A monthly association fee of $215.0 adds to the recurring cost of homeownership, which can be a consideration for potential buyers.

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