1940 Arroyo Drive, Riverside, California 92506, Riverside, - bed, bath

home-pic
ACTIVE$899,000
1940 Arroyo Drive, Riverside, California 92506
4Beds
3Baths
3,160Sqft
16,117Lot
Year Built
1956
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25191354
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Patio
ViewNeighborhood, Trees/Woods

About this home

Sellers offer $20k credit!!! Tucked beneath the dappled shade of mature trees, this custom-built mid-century home in Victoria Woods carries a story as timeless as its design. Built by a skilled shipbuilder who once crafted a beloved Riverside dance hall, the home reflects craftsmanship & thoughtful details. As guests arrive, they are charmed by the approach: stepping up from the quiet street, passing under a covered pergola, welcomed by a rose garden encircling a fountain that has just the right trickling sounds; a gentle prelude to what lies inside. Entering through a beveled glass door into the cozy den w/ its inviting fireplace & built ins, the warmth of the home immediately unfolds. The heart of the home is anchored by an expansive living room, where original built-ins & light fixtures whisper of the home's heritage. The open hallway showcases opposite of custom cabinetry leads to three of the four bedrooms, one of which enjoys private access through sliding doors to the shaded front yard; a tranquil space that lives like a second backyard. The front yard also has a swing bench in front of the entry & has just enough space for a dining set or patio furniture. Entertain effortlessly in the large formal dining room or gather in the spacious galley kitchen, where built-ins & ample casual dining space offer both functionality & charm. Adjacent to the kitchen, a walk-in pantry & oversized laundry room w/ direct access to the breezeway, make everyday living simple & efficient. The thoughtfully designed floor plan includes a separate wing w/ one of the four bedrooms & its own bathroom; ideal for multigenerational living or private guest quarters. The primary suite opens directly to the backyard through its own sliding doors, allowing for quiet mornings or sunset evenings immersed in nature. Outdoors, the built-in BBQ and generous entertaining areas invite gatherings both large & small, while the surrounding trees provide filtered light & cool shade throughout the day. The driveway accommodates up to six vehicles, in addition to the 2 car garage. (note a basement below used for garden tools) Perfectly situated near the prestigious Victoria Club, residents can enjoy golf, tennis, pickleball, swimming, fitness facilities, & a vibrant social events just moments from home. This is not just a house; it’s a story of craftsmanship, thoughtful design, & the timeless beauty of Riverside living. Note: Outdoor fireplaces has been removed.

Price History

Date
Event
Price
08/25/25
Listing
$899,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (232 Listings)
Beds44
50%
Baths32
56%
Square foot3,1601,915
87%
Lot Size16,11710,454
72%
Price$899K$730K
77%
Price per square foot$284$390
5%
Built year19561967
36%
HOA
Days on market71168
9%
Condition Rating
Fair

Built in 1956, this home retains many of its original mid-century features, which are now significantly dated. The kitchen features original-style wood cabinetry, older white built-in appliances, and laminate countertops, requiring a full renovation to meet modern standards. Bathrooms also show dated tile work (e.g., pink/peach, green), original vanities, and fixtures. While the property appears well-maintained with functional systems and some hardwood flooring, the overall aesthetic and key components like the kitchen and bathrooms are clearly outdated and would require substantial cosmetic updates, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Craftsmanship & Mid-Century Charm: Custom-built by a skilled shipbuilder, this mid-century home boasts unique character, thoughtful details, and original built-ins, appealing to buyers seeking distinctive properties.
Significant Seller Incentive: A $20,000 seller credit is offered, providing a substantial financial benefit to the buyer for closing costs or potential upgrades.
Versatile & Spacious Floor Plan: The home features an expansive living room, large formal dining room, and a separate wing with a bedroom and bathroom, ideal for multigenerational living or private guest quarters.
Extensive Outdoor Amenities & Parking: Outdoor spaces include a rose garden, covered pergola, built-in BBQ, generous entertaining areas, and ample parking for up to six vehicles in addition to a 2-car garage.
Desirable Location with Club Access: Perfectly situated near the prestigious Victoria Club, residents enjoy convenient access to golf, tennis, pickleball, swimming, fitness facilities, and social events.

Cons

Property Age & Potential System Updates: Built in 1956, the home's age may imply a need for updates to major systems (e.g., HVAC, plumbing, electrical) that are not explicitly mentioned as recently renovated.
Removed Outdoor Feature: The outdoor fireplace has been removed, which might be a minor detractor for buyers looking for complete outdoor entertainment amenities.
Listing Price Exceeds Market Estimation: The current listing price is slightly above the property's estimated market value, which could influence buyer perception and negotiation strategies.

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