7977 7977 Milligan, Riverside, California 92506, Riverside, - bed, bath

home-pic
ACTIVE$900,000
7977 7977 Milligan, Riverside, California 92506
5Beds
4Baths
2,856Sqft
948,736,768Lot
Year Built
2012
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25227256
Home ConditionFair
Features
Good View: Mountain(s)
Deck
Pool
Patio
ViewMountain(s)

About this home

Welcome to 7977 Milligan Drive, an extraordinary property nestled in one of Riverside’s most desirable and scenic neighborhoods. Located on a prestigious tree-lined street in the 92506 zip code, this single-story estate offers the perfect balance of space, opportunity, and lifestyle. With a 2-car with tandem garage, income-producing guest house/pool house, and a resort-style backyard with a rock waterfall pool From the moment you arrive, the curb appeal stands out. Mature shade trees frame the wide frontage, giving the property a timeless, established feel. The expansive four-car garage provides endless flexibility: keep it as is for car enthusiasts, or convert part of it into additional living space. Imagine opening up the floor plan to create a massive great room, a private home theater, or even a luxury gym — while still maintaining a functional 2-car garage. Step outside and prepare to be amazed. The backyard is a true showstopper, designed for both fun and relaxation. The centerpiece is the sparkling pool with a natural rock waterfall feature — a tranquil and luxurious highlight that creates the feeling of a private resort. Surrounding it are multiple lounge areas, tropical landscaping, and a spacious deck perfect for entertaining. Whether it’s summer barbecues, pool parties, or peaceful evenings under the stars, this outdoor oasis delivers. Adding even more value is guest house/pool house ADU — ideal for multi-generational living, extended guests, or rental income. This makes the property not just a home. ?? Prime Location! Milligan Drive is known for its vibrant trees, serene hillside setting, and beautiful homes. This residence is just minutes from Victoria Avenue, Canyon Crest Towne Centre, Sycamore Canyon Wilderness Park, the historic Mission Inn, and top-rated schools. With easy access to the 91, 60, and 215 freeways, you’ll enjoy both convenience and the tranquility of Riverside’s finest neighborhoods. Yes, the home needs TLC and VISION , but the potential here is unmatched. Once renovated, this property can become one of Riverside’s premier estates — combining resort-style amenities, modern upgrades, and timeless curb appeal. Photos include virtual staging to showcase possible design and layout options. Opportunities like this are rare. With its unbeatable combination of location, space, and features, 7977 Milligan Drive** is more than just a home — it’s your chance to design the dream lifestyle you’ve always wanted.

Price History

Date
Event
Price
09/27/25
Listing
$900,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (230 Listings)
Beds54
86%
Baths42
86%
Square foot2,8561,923
81%
Lot Size948,736,76810,454
100%
Price$900K$730K
77%
Price per square foot$315$390
11%
Built year20121969
98%
HOA
Days on market40169
2%
Condition Rating
Fair

The property was built in 2012, which typically suggests a 'Good' condition. However, the listing description explicitly states, 'Yes, the home needs TLC and VISION,' indicating that it is not move-in ready without immediate renovation. While the bathrooms appear to have been recently updated with modern white shaker cabinets, quartz countertops, and contemporary fixtures, the kitchen features light wood cabinets and speckled granite countertops that, while functional and clean, are dated in style. The living areas also show signs of an older aesthetic with green paint and a rustic stone fireplace. The agent's own admission of needing 'TLC' overrides the relatively recent build year and updated bathrooms, suggesting that other areas or systems require substantial attention beyond minor cosmetic fixes to meet current standards.
Pros & Cons

Pros

Prime Location: Nestled in one of Riverside’s most desirable and scenic neighborhoods on a prestigious tree-lined street, offering excellent access to amenities, parks, top-rated schools, and major freeways (91, 60, 215).
Income-Producing Guest House/ADU: Includes an income-producing guest house/pool house ADU, providing versatile options for multi-generational living, extended guests, or significant rental income potential.
Resort-Style Backyard: Features a showstopper backyard with a sparkling pool, natural rock waterfall, multiple lounge areas, tropical landscaping, and a spacious deck, ideal for entertaining and relaxation.
Flexible Garage Space: The expansive four-car garage offers exceptional flexibility, allowing for conversion into additional living space like a home theater or gym, while still maintaining functional parking.
Significant Value-Add Potential: Despite needing renovation, the property holds unmatched potential to be transformed into one of Riverside’s premier estates, offering substantial future value appreciation for a visionary buyer.

Cons

Requires Extensive Renovation: The property explicitly states it 'needs TLC and VISION,' indicating a requirement for significant renovation and modernization to reach its full potential and align with its prime location.
Sold in As-Is Condition: Being sold 'as-is,' buyers will be responsible for all necessary repairs, upgrades, and associated costs without seller contribution, which could lead to unforeseen expenses.
High Upfront Investment: Achieving the property's 'premier estate' potential will necessitate a substantial financial investment beyond the purchase price for renovations and upgrades, requiring a buyer with significant capital.

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