20046 Red Rock Avenue, Riverside, California 92507, Riverside, 92507 - 3 bed, 3 bath

20046 Red Rock Avenue, Riverside, California 92507 home-pic-0
ACTIVE$535,000
20046 Red Rock Avenue, Riverside, California 92507
3Beds
3Baths
1,797Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern & New Construction: Built in 2020, this townhouse features an open-concept layout, a neutral color palette, large windows for natural light, and a large kitchen with stainless steel appliances, granite countertops, and Shaker cabinetry.
Top Cons:
Ongoing HOA Fees: The property is subject to a monthly association fee of $192, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$535.0K vs avg $394.0K (+$141,005)93%
Size:1,797 sqft vs avg 1,097.5 sqft95%
Price/sqft:$298 vs avg $37012%

More Insights

Built in 2020 (5 years old).
Condition: Built in 2020, this townhouse is virtually new. The kitchen features modern stainless steel appliances, granite countertops, and Shaker cabinetry. Bathrooms boast dual vanities, a soaking tub, and a glass shower, all in excellent, contemporary condition. The property shows no signs of wear, has modern systems including solar panels and a tankless water heater, and meets current quality standards throughout.
Year Built
2020
Close
-
List price
$535K
Original List price
$568K
Price/Sqft
$298
HOA
$192
Days on market
-
Sold On
-
MLS number
WS25228448
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

This beautiful 3-bedroom townhouse sits in the gated community of Spring Mountain Ranch. The main level offers an open living room & kitchen with a neutral color palette and big windows that fill the space with natural light. The large kitchen features stainless steel appliances, granite countertops, Shaker cabinetry and an island with bar-top seating. The rest of the main level includes a powder room and a drop zone at the entrance of the attached garage. Head upstairs to find the bedrooms and the all-important 2nd-level laundry room. The primary bedroom boasts a walk-in closet the size of another bedroom and an ensuite with a dual vanity, a soaking tub and a glass shower. The two guest rooms share the cleverly-designed hallway bathroom, which includes double sinks and a separate shower/toilet room. The top level also has lots of built-in storage and beautiful mountain views. Don't forget about the solar roof panels, which help keep utility bills low. Nestled in the hills of Highgrove, the gated community of Spring Mountain Ranch offers amenities like a dog park and playground. Just down the road, residents enjoy access to hiking trails and sports courts at Spring Mountain Community Ranch Park. You'll be close to numerous shopping & dining options, with UC Riverside less than 10 mins from your front door. Hop on the 215/60/91 Fwys in no time at all!

Condition Rating
Excellent

Built in 2020, this townhouse is virtually new. The kitchen features modern stainless steel appliances, granite countertops, and Shaker cabinetry. Bathrooms boast dual vanities, a soaking tub, and a glass shower, all in excellent, contemporary condition. The property shows no signs of wear, has modern systems including solar panels and a tankless water heater, and meets current quality standards throughout.
Pros & Cons

Pros

Modern & New Construction: Built in 2020, this townhouse features an open-concept layout, a neutral color palette, large windows for natural light, and a large kitchen with stainless steel appliances, granite countertops, and Shaker cabinetry.
Gated Community & Amenities: Located within the secure Spring Mountain Ranch gated community, offering residents access to a dog park, playground, and nearby hiking trails and sports courts.
Energy Efficiency: Equipped with solar roof panels, contributing to lower utility bills and a more environmentally friendly home.
Prime Location & Accessibility: Conveniently situated less than 10 minutes from UC Riverside, with easy access to numerous shopping, dining options, and major freeways (215/60/91).
Desirable Interior Features: Boasts practical and luxurious features including an upstairs laundry room, a spacious primary walk-in closet, a primary ensuite with dual vanity, soaking tub, and glass shower, and beautiful mountain views.

Cons

Ongoing HOA Fees: The property is subject to a monthly association fee of $192, which adds to the recurring cost of homeownership.
Recent Price Reductions: Multiple price drops from the original list price suggest potential market resistance or an initial overvaluation, which could impact buyer perception.
Townhouse/Condominium Limitations: As a condominium/townhouse, it typically involves shared walls and potentially limited private outdoor space, which may not appeal to all buyers seeking a detached home.

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