1516 W Stoneridge Court, Ontario, California 91762, Ontario, - bed, bath

home-pic
ACTIVE$619,000
1516 W Stoneridge Court, Ontario, California 91762
2Beds
1Bath
703Sqft
13,320Lot
Year Built
1952
Close
-
List price
$619K
Original List price
$629K
Price/Sqft
-
HOA
$142
Days on market
-
Sold On
-
MLS number
IV25221572
Home ConditionGood
Features
View-

About this home

Unique Investment Opportunity in Prime Central Location Don’t miss this rare chance to own a unique property with a massive lot in a highly desirable location. Just minutes from restaurants, grocery stores, shopping malls, public transportation, and top colleges and universities, this property offers both comfort and incredible future potential. The true value is in the land—just a few lots over, new 6-unit developments are underway, highlighting the strong investment opportunity this property presents. Inside, you’ll find a recently remodeled home that’s move-in ready. Everything you need is included—furniture, appliances, games, and kitchenware—making it perfect as a rental, short-term stay, or personal residence. The home is also equipped with a water filtration system, providing healthier water for cooking, showering, and daily use. With its central location, large lot size, and investment potential, this property is perfect for buyers looking to live comfortably now while planning for the future. Highlights: • Huge lot with development potential • Central location near shopping, dining, transit & schools • Recently remodeled and fully furnished • Includes all appliances, furniture, and household essentials • Healthy water filtration system installed ?? Investor’s dream, move-in ready today—schedule a showing before it’s gone!

Price History

Date
Event
Price
10/30/25
Price Change
$619,000-1.6%
10/01/25
Listing
$629,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (109 Listings)
Beds24
8%
Baths13
6%
Square foot7031,811
1%
Lot Size13,3207,200
89%
Price$619K$768K
8%
Price per square foot$881$419
99%
Built year19529880989
15%
HOA$142
0%
Days on market35159
2%
Condition Rating
Good

This property, built in 1952, has undergone a significant 'recent remodel' as stated in the listing. The interior features new LVP flooring throughout, fresh paint, and modern light fixtures including ceiling fans. The bathroom has been fully updated with contemporary finishes, including subway tile and a modern vanity. The kitchen boasts newer stainless steel appliances (refrigerator, dishwasher, range), though the cabinets and countertops appear to be an older style update, clean and functional but not ultra-modern. The primary drawback preventing an 'Excellent' rating is the lack of central HVAC, with heating provided by wall heaters and cooling by window AC units. However, the extensive cosmetic updates and move-in ready condition, particularly the modern bathroom and new appliances, align with the 'Good' criteria of being extensively renovated within the last 5 to 15 years and requiring no immediate renovation.
Pros & Cons

Pros

Significant Development Potential: The massive 13,320 sqft lot, coupled with ongoing 6-unit developments nearby, positions this property as a prime candidate for future expansion or multi-unit construction.
Exceptional Central Location: Strategically located minutes from major amenities, including shopping, dining, public transit, and top educational institutions, enhancing its appeal for residents and investors.
Turnkey & Recently Remodeled: The home boasts recent renovations and is offered fully furnished with appliances and household essentials, providing immediate move-in or rental readiness.
Investor-Ready Opportunity: Explicitly marketed as an 'investor's dream' due to its inherent land value and potential for high rental yield or future development.
Modern Amenity (Water Filtration): The installed water filtration system adds a desirable health and convenience feature for occupants, enhancing daily living.

Cons

Limited Interior Square Footage: With only 703 sqft, the existing home offers a very small interior living area, which may not suit all buyer needs or family sizes.
Older Construction (1952): Despite recent remodeling, the original 1952 build year may raise concerns about underlying infrastructure or require more extensive long-term maintenance.
Unexpected Association Fee: A monthly association fee of $142.0 for a single-family residence is an uncommon and additional ongoing expense that could deter some potential buyers.

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