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7024 7024 Crest, Riverside, California 92503, Riverside, 92503 - 5 bed, 3 bath

7024 7024 Crest, Riverside, California 92503 home-pic-0
ACTIVE$779,900
7024 7024 Crest, Riverside, California 92503
5Beds
3Baths
2,948Sqft
7,405Lot
Year Built
2020
Close
-
List price
$780K
Original List price
$820K
Price/Sqft
$265
HOA
-
Days on market
-
Sold On
-
MLS number
AR25222834
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $779.9K(68th), sqft - 2948(78th), beds - 5(82th), baths - 3(50th).

HUGE PRICE REDUCTION! NO HOA. PAID SOLAR. UPGRADED FRONT YARD. EXPANSIVE BACK YARD. GOOD CONDITION. Welcome to this beautiful 5-bedroom, 3-bathroom home built in 2020 with nearly 3,000 sq. ft. of living space. Meticulously maintained, this home feels like new and comes with fully paid-off solar panels for energy efficiency and savings. The spacious 7,400+ sq. ft. lot features a front yard upgraded with over 10k in custom concrete work, creating low-maintenance curb appeal. The expansive backyard is both wide and deep, offering endless possibilities—from a safe play area with a built-in slide for kids, to the perfect setting for entertaining, gardening, or even building your dream pool. Inside, you’ll find an open floor plan with abundant natural light, a modern kitchen, and a convenient downstairs bedroom and bath for guests or multi-generational living. With no HOA, low property taxes, and a prime location near supermarkets, restaurants, and major freeways, this home blends comfort, convenience, and lifestyle.

Price History

Date
Event
Price
12/11/25
Price Change
$779,900-4.9%
09/22/25
Listing
$820,000
Condition Rating
Excellent
This property was built in 2020, making it only 4-5 years old, which falls squarely within the 'Excellent' criteria of being built within 10 years. The listing description explicitly states it is 'meticulously maintained' and 'feels like new.' The images confirm this, showcasing a modern kitchen with white shaker cabinets, light quartz countertops, stainless steel appliances, and a contemporary backsplash. Bathrooms also appear new with modern vanities and fixtures. The flooring throughout the main living areas is a modern wood-look plank, and carpets on the stairs and in bedrooms appear clean and new. Recessed lighting is prevalent, and the overall aesthetic is fresh and current. The presence of paid solar panels further enhances its appeal and condition.
Pros & Cons

Pros

New Construction & Excellent Condition: Built in 2020, this home is meticulously maintained, feels like new, and is in good condition, offering modern features and minimal immediate maintenance concerns for buyers.
Energy Efficiency & Cost Savings: The property features fully paid-off solar panels, significantly reducing energy costs, and benefits from no HOA fees, contributing to lower overall ownership expenses.
Spacious & Versatile Outdoor Space: An expansive 7,400+ sq. ft. lot includes an upgraded, low-maintenance front yard and a wide, deep backyard offering endless possibilities for customization, entertaining, or a future pool.
Functional & Modern Interior Layout: Nearly 3,000 sq. ft. of living space with an open floor plan, abundant natural light, a modern kitchen, and a convenient downstairs bedroom and bath, ideal for guests or multi-generational living.
Convenient Location & Low Property Costs: Situated in a prime location near supermarkets, restaurants, and major freeways, combined with no HOA and low property taxes, enhancing both lifestyle and affordability.

Cons

Recent Price Reduction: A significant price reduction from the original list price may indicate initial overpricing or market resistance, potentially raising questions about the property's perceived value or demand.
Undeveloped Backyard Potential: While expansive, the backyard's 'endless possibilities' imply it requires substantial additional investment for features like a pool or extensive landscaping to fully realize its potential, which may not appeal to all buyers seeking a move-in ready outdoor space.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which is not a premium or unique selling point and may not command the same desirability or value as properties with more scenic mountain, city, or water views.

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