2691 Laramie Road, Riverside, California 92506, Riverside, - bed, bath

home-pic
ACTIVE$569,900
2691 Laramie Road, Riverside, California 92506
2Beds
3Baths
2,073Sqft
3,049Lot
Year Built
1979
Close
-
List price
$570K
Original List price
$580K
Price/Sqft
-
HOA
$455
Days on market
-
Sold On
-
MLS number
IV25096276
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

Welcome to this exceptional home in the highly sought-after private community of Palm Terrace Townhomes. One of just eight fully-detached residences and nestled on a quiet cul-de-sac, this rare single-story floor plan offers both privacy and space and is also one of the largest in the community. This home is truly move-in ready, recently refreshed with significant improvements including newly rebuilt patios. Step inside to a bright, expansive entry that flows into a large kitchen, dining nook, and formal dining room. The vaulted-ceiling living room centers around a cozy fireplace and entertainment niche. Just steps away you’ll find one of the home’s most versatile spaces — a dedicated home office (or second living area) with custom built-in cabinetry, bookshelves, and its own fireplace. This is an ideal retreat for working from home, pursuing hobbies, or simply relaxing in style. Down the hall, the spacious guest bedroom offers double-door entry and a walk-in closet, paired with a full guest bathroom featuring generous counter space and cabinet storage. The primary suite includes its own double-door entry, a large walk-in closet, and a private en-suite bath with a glass-enclosed shower and extended vanity. The private backyard area with citrus trees could be annexed at no-cost increasing the square footage of the lot. The low-maintenance lifestyle here is unmatched — HOA dues include the maintenance and repair of the roof and exterior siding and paint, landscaping (front and back), pool/spa, and complimentary gated RV parking. Located just minutes from the 91 freeway and the Riverside Plaza, within walking distance to the scenic Victoria Avenue walking and biking trails and Polytechnic High School. With fresh updates, rare privacy, and a flexible floor plan, this home is a true hidden gem.

Price History

Date
Event
Price
09/04/25
Price Change
$569,900-1.7%
05/01/25
Listing
$579,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (232 Listings)
Beds24
8%
Baths32
56%
Square foot2,0731,915
59%
Lot Size3,04910,454
2%
Price$570K$730K
15%
Price per square foot$275$390
4%
Built year19791969
72%
HOA$455
0%
Days on market188169
60%
Condition Rating
Fair

The property, built in 1979, is well-maintained and described as 'move-in ready' with 'recently refreshed' elements and 'newly rebuilt patios.' However, the kitchen features older white appliances, traditional white cabinets, and basic countertops, indicating it has not undergone a modern renovation. Similarly, the bathrooms, while clean and functional, display dated cabinet styles, countertops, and fixtures. The flooring (tile and carpet) appears clean but is also not contemporary. While the home is clearly cared for and functional, the key interior spaces (kitchen and bathrooms) show signs of being outdated, aligning with the 'Fair' condition criteria for a property of its age that has not had major stylistic renovations in recent years.
Pros & Cons

Pros

Desirable Community & Location: Situated in the highly sought-after private Palm Terrace Townhomes community, offering convenient access to the 91 freeway, Riverside Plaza, and walking distance to Victoria Avenue trails and Polytechnic High School.
Exceptional HOA Benefits: The low-maintenance lifestyle is enhanced by comprehensive HOA dues covering roof/exterior maintenance, landscaping, pool/spa access, and complimentary gated RV parking, providing significant value.
Rare Detached Single-Story Floor Plan: As one of only eight fully-detached, single-story residences and among the largest in the community, it offers unique privacy and spaciousness not typically found in townhomes.
Move-in Ready with Versatile Spaces: Recently refreshed with significant improvements, the home features a bright, expansive layout including a dedicated home office/second living area with custom built-ins and a fireplace, offering immediate comfort and flexibility.
Spacious & Well-Appointed Bedrooms: Both the primary and guest suites boast double-door entries, large walk-in closets, and private/full en-suite bathrooms, ensuring comfortable and private living arrangements.

Cons

Age of Construction: Built in 1979, the property's age may suggest potential for older underlying systems (e.g., plumbing, electrical, HVAC) that, while not explicitly stated as issues, could require future attention or upgrades beyond cosmetic refreshes.
High Monthly HOA Dues: The $455 monthly HOA fee, while comprehensive in coverage, represents a significant ongoing cost that adds to the overall housing expense.
Limited Private Lot Size: Despite being detached, the 3,049 sqft lot size is relatively modest, potentially limiting extensive private outdoor living space, though the description notes an option to annex more land.

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