4565 Crestview Drive, Norco, California 92860, Norco, 92860 - 5 bed, 3 bath
ACTIVE$943,500
4565 Crestview Drive, Norco, California 92860
5Beds
3Baths
2,111Sqft
16,988Lot
Year Built
1972
Close
-
List price
$944K
Original List price
$950K
Price/Sqft
$447
HOA
-
Days on market
-
Sold On
-
MLS number
IG24225824
Home ConditionPoor
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic
About this home
Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $943.5K(53th), sqft - 2111(59th), beds - 5(86th), baths - 3(68th).
great view property
Price History
Date
Event
Price
08/07/25
Price Change
$943,500
11/21/24
Listing
$950,000
Condition Rating
Poor
The property was built in 1972, making it 52 years old. The single exterior image shows a dated architectural style with arches and stucco, consistent with its age. The roof appears aged, and the landscaping could use attention. Without interior images, particularly of the kitchen and bathrooms, it's difficult to assess their specific condition. However, given the property's age and the lack of visible recent exterior renovations, it is highly probable that the interior, especially the kitchen and bathrooms, would be significantly outdated and require substantial repairs and rehabilitation to meet current standards and buyer expectations. This aligns with the 'Poor' condition criteria, which applies to properties built over 30 years ago that likely had renovations 30-50 years ago, or require substantial repairs.
Pros & Cons
Pros
Exceptional Panoramic Views: The property boasts extensive panoramic views including City Lights, Hills, Mountains, and Neighborhood, explicitly highlighted in the description and view attributes, significantly enhancing its appeal.
Generous Lot Size: A substantial lot size of 16,988 sqft provides significant outdoor space for various activities, landscaping, or potential expansion possibilities.
Ample Accommodation: With 5 bedrooms and 3 bathrooms, the property is well-suited for larger families, multi-generational living, or those requiring extra space for guests or home offices.
Desirable Property Type: As a Single Family Residence, the property offers privacy, land ownership, and appeals to a broad market segment seeking a traditional home setting.
Established Location: Located in Norco, a city known for its spacious properties and equestrian lifestyle, which can be a strong draw for specific buyer demographics seeking a unique community.
Cons
Age of Property: Built in 1972, the property is over 50 years old, which may imply outdated systems, finishes, or the need for significant renovations to meet modern buyer expectations and energy efficiency standards.
Overpriced Relative to Market Estimation: The current listing price of $943,500 is notably higher than the estimated property value of $907,074.4 (indicated by an estimation ratio of -3), potentially making it less competitive or requiring strong justification for the premium.
Extended Time on Market: With an on-market date of 2024-11-21 and a modified timestamp of 2025-10-14, the property has been active for an extended period, which could raise buyer concerns about its marketability or underlying issues.