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21657 Steele Peak Drive, Perris, California 92570, Perris, 92570 - 2 bed, 2 bath

21657 Steele Peak Drive, Perris, California 92570 home-pic-0
ACTIVE$674,900
21657 Steele Peak Drive, Perris, California 92570
2Beds
2Baths
1,800Sqft
93,654Lot
Year Built
1981
Close
-
List price
$675K
Original List price
$765K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
PW25178301
Home ConditionFair
Features
Good View: Desert, Meadow, Mountain(s)
Patio
ViewDesert, Meadow, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $674.9K(66th), sqft - 1800(30th), beds - 2(5th), baths - 2(43th).

This unique property offers exceptional versatility with three separate living structures on-site, making it ideal for multi-generational living, rental income, or extended guest accommodations. 80 fruit Trees and 20 Palm trees, Each unit provides its own distinct charm and functionality, with private entrances, kitchens or kitchenettes, and comfortable living spaces. Whether you're looking to invest, live in one unit and rent the others, or create a family compound, this rare setup delivers flexibility and opportunity. Situated on a spacious lot, there's ample room for outdoor living, parking, and potential expansion—all in one convenient location.

Price History

Date
Event
Price
09/26/25
Price Change
$674,900-3.6%
09/04/25
Price Change
$699,900-3.4%
08/21/25
Price Change
$724,900-5.2%
08/11/25
Listing
$764,900
Condition Rating
Fair
Built in 1981, this property is 43 years old. While some areas feature updated laminate flooring and recessed lighting, the kitchen is significantly dated with older appliances (white refrigerator, black range/dishwasher), light wood cabinets, and notably, missing lower cabinet fronts, indicating an incomplete or neglected state. The bathroom has a newer subway tile shower surround, but other elements are not clearly visible or appear basic. The property requires substantial updates and repairs, especially in the kitchen, to meet modern standards, placing it in the 'Fair' category.
Pros & Cons

Pros

Exceptional Multi-Unit Versatility: The property boasts three separate living structures, providing unique flexibility for multi-generational living, rental income, or extended guest accommodations.
Generous & Landscaped Lot: A spacious 93,654 sqft lot featuring 80 fruit trees and 20 palm trees, offering ample outdoor living space, parking, and potential for further expansion.
Income-Generating Potential: Each distinct unit, equipped with private entrances and kitchens/kitchenettes, presents a strong opportunity for rental income or flexible living arrangements.
Desirable Natural Views: The property enjoys scenic views of the Desert, Meadow, and Mountains, enhancing its overall appeal and living experience.
Privacy and Space: The large lot size combined with multiple independent structures offers a high degree of privacy and ample personal space for all occupants.

Cons

History of Price Reductions: Multiple significant price drops from the original list price ($764,900 to $674,900) suggest potential market resistance or initial overpricing, which may indicate a longer time on market or underlying buyer concerns.
Property Age & Potential for Updates: Built in 1981, the property is over 40 years old, which may imply a need for significant updates, maintenance, or repairs across its three structures to meet modern standards or preferences.
Zoning/Permit Ambiguity for Multiple Units: While versatile, the classification as a 'Single Family Residence' with three separate living structures could lead to complexities regarding zoning compliance, permitting for additional units, or financing challenges for buyers seeking multi-unit investment.

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