8853 Dufferin Avenue, Riverside, California 92504, Riverside, - bed, bath

home-pic
ACTIVE$2,200,000
8853 Dufferin Avenue, Riverside, California 92504
7Beds
6Baths
5,000Sqft
217,800Lot
Year Built
1982
Close
-
List price
$2.2M
Original List price
$2.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25080625
Home ConditionFair
Features
Good View: City Lights, Park/Greenbelt, Mountain(s)
ViewCity Lights,Park/Greenbelt,Mountain(s)

About this home

Diamond in the Rough-Rare 5-Acre Opportunity in Riverside's Coveted Greenbelt. Nestled in the heart of Riverside's scenic Greenbelt area, this unique 5 Acre flat corner lot is a rare find, surrounded on three sides by lush orange groves and state-owned parkland-offering the ultimate in privacy, tranquility, and natural beauty. This property is a dream for those seeking space and versatility. Zoned RA ideal for nursery use, agriculture, or equestrian living, it's ideal for creating your very own ranch, hobby farm, or serene retreat. Gage Canal water rights are included, a valuable asset for agricultural use. At the property sits a sprawling ranch-style home featuring 7 bedrooms and 6 bathrooms, perfect for multigenerational living, rental potential, or large families. While the home needs some TLC, it's a true diamond in the rough-full of potential and ready for your personal touch. With its unbeatable location, expansive land, and endless possibilities, this property is an opportunity you won't want to miss. Let your imagination run wild and make this your own piece of paradise in Riverside!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (192 Listings)
Beds73
98%
Baths62
97%
Square foot5,0001,606
97%
Lot Size217,8009,148
98%
Price$2.2M$635K
99%
Price per square foot$440$412
62%
Built year19821959
67%
HOA
Days on market208154
75%
Condition Rating
Fair

The property was built in 1982. The listing mentions that the home needs TLC. The kitchen has outdated appliances and the bathrooms appear to be original. The carpets appear worn. Overall, the property is aged but maintained through regular upkeep and occasional updates.
Pros & Cons

Pros

Large Lot Size: The property boasts a rare 5-acre flat corner lot, providing ample space and versatility.
RA Zoning: Zoned RA, the property is ideal for nursery use, agriculture, or equestrian living, offering diverse development opportunities.
Gage Canal Water Rights: Inclusion of Gage Canal water rights is a valuable asset, particularly for agricultural use.
Large Home: The sprawling ranch-style home features 7 bedrooms and 6 bathrooms, suitable for large or multi-generational families.
Greenbelt Location: Nestled in Riverside's Greenbelt, the property offers privacy, tranquility, and natural beauty, surrounded by orange groves and parkland.

Cons

Needs TLC: The home requires significant TLC and is described as a 'diamond in the rough,' indicating potential renovation costs.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which may indicate market resistance or perceived overpricing.
Property Condition: The description focuses on potential rather than current state, suggesting the existing structure may be outdated or in need of repair.

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