16562 Orangewind Lane, Riverside, California 92503, Riverside, 92503 - 4 bed, 3 bath

16562 Orangewind Lane, Riverside, California 92503 home-pic-0
ACTIVE$964,900
16562 Orangewind Lane, Riverside, California 92503
4Beds
3Baths
2,525Sqft
22,216Lot
Year Built
1988
Close
-
List price
$965K
Original List price
$980K
Price/Sqft
$382
HOA
$42
Days on market
-
Sold On
-
MLS number
SW25098019
Home ConditionGood
Features
Good View: City Lights, Hills, Mountain(s)
Deck
Pool
Spa
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $964.9K(84th), sqft - 2525(74th), beds - 4(50th), baths - 3(50th).

Bring All Offers- Seller is Motivated!!! All New Interior paint "Two-tone" Septic is pumped, inspected and certified! Termite Clearance! New Furnace! A/C is 7 yrs. New Roof Repair with a 2-year warranty. Move-in ready for the new homeowner. Priced to sell Stunning Pool home located in the highly sought after community, “The Orchard” in Riverside County 92503. This beautiful, two-story home offers 4 bedrooms, with one main bedroom down, plus a large flex room upstairs as an optional 5th extra-large bedroom/ optional mother-in-law unit, and three full bathrooms. Two-story high ceilings with cathedral windows, Large open entry, formal living room and dining room, kitchen, eat-in- kitchen nook is open to the family room with fireplace. The kitchen offers views of the backyard pool and entertainment ready! Granite countertops, built-in wall oven, cooktop, walk-in pantry, wooden flooring throughout and open to the family room for large family holidays. The primary master bedroom and bathroom offer a balcony with amazing views while enjoying your privacy and serene and beautiful refuge. Walk-in closet with a dressing area, and fireplace for cozy winter nights. Three car-garage, with additional parking ready. Low HOA's $42/ mo. Multiple fruit trees in the backyard orchard. Large lot size of 22,216 sq.ft./ 0.51 ac is fully landscaped / hardscaped offering private and peaceful yard for enjoyment year-round. Orangewind Ln boast 2,525 square feet, clean and move-in ready!

Price History

Date
Event
Price
10/15/25
Price Change
$964,900+3.8%
08/01/25
$929,500
05/14/25
$979,500
Condition Rating
Good

Built in 1988, this property has received significant recent updates to major systems, including a new furnace, a 7-year-old A/C unit, and recent roof repair, making it move-in ready. The interior boasts new paint and wood flooring throughout. The kitchen and bathrooms feature granite countertops and white cabinetry, which are clean and functional. However, the style of the kitchen cabinets, black appliances, and bathroom light fixtures appear somewhat dated, suggesting an older renovation or refresh rather than a contemporary overhaul. Despite the dated aesthetics in some areas, the property's overall condition, recent system upgrades, and move-in readiness align with a 'Good' rating, as it does not require immediate renovation.
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 = 22216, living area = 2525.
Extensive Recent Upgrades: The property is move-in ready, featuring new interior paint, a new furnace, recent roof repair with a 2-year warranty, and a 7-year-old A/C unit, along with certified septic and termite clearance.
Desirable Community & Outdoor Amenities: Located in the highly sought-after 'The Orchard' community, this home boasts a stunning pool, a large 22,216 sq.ft. lot with mature landscaping, hardscaping, and multiple fruit trees.
Flexible and Spacious Layout: Offers a versatile floor plan with 4 bedrooms (including a main bedroom downstairs), 3 full bathrooms, a large upstairs flex room (optional 5th bedroom/mother-in-law unit), and impressive two-story high ceilings with cathedral windows.
Low Homeowners Association Fees: The property benefits from very low HOA fees of just $42 per month, contributing to lower overall ownership costs.
Scenic Views & Privacy: The primary master bedroom includes a private balcony offering amazing views of City Lights, Hills, and Mountains, providing a serene and private retreat.

Cons

Septic System: While recently pumped, inspected, and certified, the reliance on a septic system rather than a municipal sewer connection may be a consideration for some buyers regarding long-term maintenance.
Age of Property: Built in 1988, the property is over 35 years old. Despite significant recent updates, some original components or design elements may still be present, potentially requiring future attention.
Inconsistent Pricing Strategy/Seller Motivation: The listing explicitly states 'Seller is Motivated!!!' and the price history shows fluctuations, which could indicate challenges in market positioning or previous buyer interest at different price points.

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