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2717 Calle Loma Verde, Riverside, California 92503, Riverside, 92503 - 4 bed, 2 bath

2717 Calle Loma Verde, Riverside, California 92503 home-pic-0
ACTIVE$700,000
2717 Calle Loma Verde, Riverside, California 92503
4Beds
2Baths
1,594Sqft
8,276Lot
Year Built
1978
Close
-
List price
$700K
Original List price
$627K
Price/Sqft
$439
HOA
-
Days on market
-
Sold On
-
MLS number
CV25042191
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $700.0K(59th), sqft - 1594(45th), beds - 4(50th), baths - 2(50th).

Don't miss this fantastic opportunity to own a charming single-story home in the heart of Riverside! This beautifully maintained 4-bedrooms, 2-bathrooms residence features No HOA fee,1,594 sft, lot size 8,276 sft & a spacious 2-car garage. The generously lot size can be the space for your RV/ boat or ADU in a quiet cul de sac neighborhood. The expansive backyard is filled with flower bushes/trees and fruit trees. Conveniently within walking distance to schools, shopping centers, closed to freeway,& wonderfully Arlington Heights Park just less a mile away. This home is a true gem with endless potential.

Price History

Date
Event
Price
10/03/25
Price Change
$700,000
02/28/25
Listing
$626,800
Condition Rating
Poor
The property was built in 1978, making it 46 years old. While the description states 'beautifully maintained' and the exterior images show a tidy appearance, there is no mention of any significant renovations. Given its age and the absence of interior photos, it is highly probable that the kitchen and bathrooms are severely outdated in terms of style, features, and appliances. Bringing these key areas to modern standards would require substantial repairs and rehabilitation, aligning with the criteria for a 'Poor' condition score, despite the apparent structural upkeep.
Pros & Cons

Pros

Generous Lot Size & ADU Potential: The expansive 8,276 sqft lot offers significant space for RV/boat parking and potential for an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Exceptional Location & Accessibility: Situated in a quiet cul-de-sac, the property boasts convenient access to schools, shopping centers, major freeways, and is less than a mile from Arlington Heights Park.
No Homeowners Association (HOA) Fees: The absence of HOA fees provides a significant financial advantage, reducing monthly ownership costs for the buyer.
Desirable Single-Story Layout: A charming single-story design offers broad appeal, providing ease of access and a comfortable living arrangement for various demographics.
Mature Landscaping & Fruit Trees: The expansive backyard features established flower bushes, trees, and fruit trees, creating an attractive and productive outdoor living environment.

Cons

Property Age: Built in 1978, the home is over 45 years old, which may suggest the need for future updates to major systems (e.g., HVAC, plumbing, electrical) to meet modern standards.
Significant Price Increase: The current list price of $700,000 represents a substantial increase from the original list price of $626,800, which could raise buyer questions about valuation or market strategy.
Limited View: The 'Peek-A-Boo' view indicates a partial or obstructed outlook, which may not appeal to buyers seeking expansive or unobstructed scenic vistas.

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