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5231 Penny Dr, Riverside, CA, 92503

$780,000

Home List Price

$9,263*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,849 SqFt
$422/SqFt
House

Location

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5231 Penny Dr, Riverside$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingRV Access/Parking
Garage2 spaces
Year Built2025
HeatingCentral
CoolingCentral Air, Whole House Fan
FireplaceFamily Room, See Remarks
ViewCity Lights, Park, Hills, Other, Mountain(s)
MLS #IV24238060
Lot Size0.17 Acres
StatusActive

About 5231 Penny Dr

Less than 5 minutes away from vibrant Downtown Riverside and historic Mount Rubidoux, discover modern living in Riverside! Stunning award-winning new construction cul-de-sac homes boast 4 bedrooms with a master on the first floor, RV access/parking, solar panels, and detached garages (with ADU conversion potential). These award-winning homes offer spacious layouts, high-quality finishes, and energy-efficient features. Don't miss this opportunity to own a piece of Riverside's future, with easy access to all amenities; only 7 homes.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Stories: 2
  • Living Area: 1,849 SqFt

Listing Office:

  • Office Name: Awad & Associates
  • Office Phone: (909) 685-5092
  • Listing Agent: AHMAD SABER AWAD

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s), High Ceilings, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Family Room, See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Park, Hills, Other, Mountain(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: RV Access/Parking

Lot Features

Lot Information:

  • Lot: Flag Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Whole House Fan

Other

Directions Information:

  • Directions: Nearest intersection Palm Ave & Beechwood Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000
  • Price Per SqFt: $422/SqFt
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Housing Market Comparison

See how this home compares to others in Riverside, CA.

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Riverside, CA

City

Med. Sold Price

$655.6K

Med. Price/SqFt

$374

Avg. Days On Market

30

# of Sold Homes

201

5231 Penny Dr vs Riverside

1 DAY ON ROCKET

-29 Days

$780,000

+$124.3K More

$422/SqFt

+$48 More

KEY TAKEAWAY

This property is $124.3K more than the Median Sold Price and $48/SqFt more than other homes in Riverside, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV24238060

Listing Office:

  • Office Name: Awad & Associates
  • Office Phone: (909) 685-5092
  • Listing Agent: AHMAD SABER AWAD

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-203736
5
/10

  • Terrace Elementary School

  • 6601 Rutland Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-203737
3
/10

  • Arlanza Elementary School

  • 5891 Rutland Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-203738
3
/10

  • Foothill Elementary School

  • 8230 Wells Ave

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,826. Residents of Riverside, CA typically earn between $35k-100k each year. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5231 Penny Dr

What is the listing price of this property?

The listing price of 5231 Penny Dr property is $780,000.

What type of property is this?

The property 5231 Penny Dr is a house located in Riverside, California, 92503.

Is this property for sale now?

Active Listing: 5231 Penny Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5231 Penny Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5231 Penny Dr is 1,849 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5231 Penny Dr is 2025.

Rocket Homes›California›Riverside County›Riverside›92503›5231 Penny Dr

This home is located at 5231 Penny Dr in Riverside, CA and zip code 92503 in the Arlanza neighborhood. This 1,849 square foot home, which was built in 2025, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $780,000.

Over 86 listings were sold over their listed price in October 2024 in Riverside, CA. In the same period over 65 listings were sold below the listed price and 50 listings were sold for the listed price. The inventory of homes for sale in Riverside, CA between September 2024 and October 2024 increased by 0.6%. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $655,619.

From Rocket Homes Real Estate and based on county public records data.

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