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4850 Palo Verde Ln, Riverside, CA 92501

Sale Price: $724,000
Jan 31, 20251,835 sqft3 beds3 baths
Listed by: CRYSTAL COLEMAN
License #: 01879574
Phone #: 951-801-0924
NEST REAL ESTATE
Source:
CRMLS Logo
MLS #: IV25022889

Property Description

Tucked away in one of Riverside’s best-kept secrets, this 3-bed, 2.5-bath home sits on a private 1/3-acre lot at the base of Mt. Rubidoux. Surrounded by three major city parks and overlooking the Santa Ana River Bottom, this serene retreat offers direct access to the 110-mile Santa Ana River Trail while being just minutes from downtown. Inside, the open living room is bathed in natural light, with expansive sliding glass doors framing stunning river bottom views. A custom rock gas and wood-burning fireplace adds warmth, while the large covered deck invites you to relax and take in breathtaking sunsets. The kitchen offers Corian countertops, custom cabinetry with glass knobs, and under-cabinet lighting. Nearby, the laundry room includes a custom shower, deep sink, storage, and counter space. Laminate wood flooring flows throughout the main level, which has been thoughtfully updated with new plumbing, electrical upgrades, fresh stucco, insulation, and dual-pane gas windows. Downstairs, a private one-bedroom, one-bath suite features its own living area, walk-in closet, and separate entrance—ideal for guests, a home office, or creative space. The backyard is a blank slate, fully enclosed with vinyl fencing and unobstructed river bottom views. Additional highlights include mirrored closet doors, built-in cabinetry, two single-car garages with workbenches and extra storage, plus ample adjacent parking. A rare blend of seclusion and accessibility, this home offers peaceful surroundings while being just minutes from city conveniences. Schedule your private showing today!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,656

TurboHome Estimated Value

$717,200

$391 sqft

High Valuation
$753,060
$410/sqft
Normal Valuation
$717,200
$391/sqft
Low Valuation
$681,340
$371/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$391/sqft$717,200

Neighborhood: Downtown

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Comparative Value

$450K

$555K

$724K

$805K

$810K

4680 Braemar Pl, Riverside, CA 92501

Sale Price: $450,000

Selected Comparable

4320 Glenwood Dr, Riverside, CA 92501

Sale Price: $555,000

Selected Comparable

4850 Palo Verde Ln, Riverside, CA 92501

List Price: $724,000

Subject Property

4850 Palo Verde Ln, Riverside, CA 92501

Sale Price: $724,000

Selected Comparable

4249 Miramonte Pl, Riverside, CA 92501

Sale Price: $805,000

Selected Comparable

4254 Miramonte Pl, Riverside, CA 92501

Sale Price: $810,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4850 Palo Verde Ln, Riverside, CA 92501

4850 Palo Verde Ln, Riverside, CA 92501

List: $724,000

Listed: 1/31/2025

Area:1,835 sqft
Price/sqft:$395
Beds:3
Baths:3
Year Built:
Lot Size:13,068

Comparable Properties

COMPARABLE
Choose comps
4850 Palo Verde Ln, Riverside, CA 92501

4850 Palo Verde Ln, Riverside, CA 92501

Sale: $724,000

3/19/20250.00 mi

Area:1,835 sqft
Price/sqft:$395
Beds:3
Baths:3
Year Built:
Weight:24.1%
4254 Miramonte Pl, Riverside, CA 92501

4254 Miramonte Pl, Riverside, CA 92501

Sale: $810,000

7/1/20250.54 mi

Area:1,932 sqft
Price/sqft:$419
Beds:3
Baths:2
Year Built:
Weight:20.4%
4320 Glenwood Dr, Riverside, CA 92501

4320 Glenwood Dr, Riverside, CA 92501

Sale: $555,000

4/24/20250.52 mi

Area:1,745 sqft
Price/sqft:$318
Beds:3
Baths:2
Year Built:
Weight:19.7%
4680 Braemar Pl, Riverside, CA 92501

4680 Braemar Pl, Riverside, CA 92501

Sale: $450,000

6/2/20250.35 mi

Area:1,451 sqft
Price/sqft:$310
Beds:3
Baths:2
Year Built:
Weight:18.0%
4249 Miramonte Pl, Riverside, CA 92501

4249 Miramonte Pl, Riverside, CA 92501

Sale: $805,000

5/16/20250.54 mi

Area:2,182 sqft
Price/sqft:$369
Beds:3
Baths:2
Year Built:
Weight:17.8%

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