Last Sold Price
3 beds1,835 sqft$395/sqft
4850 Palo Verde Ln, Riverside, CA 92501

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...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!
LISTING CLOSED: 03/19/2025 12:00 AM

  1. Listed by CRYSTAL COLEMAN • DRE #01879574 • Brokerage DRE #02174581 • NEST REAL ESTATE • 951-801-0924

Property Details for 4850 Palo Verde Lane

Status
MLS #
IV25022889
Days on Market
14
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1954
Lot Size
0.30 AC / 13,068 SF
View
Mountain(s), Panoramic, Park/Greenbelt, Trees/Woods
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1835
Assessor Parcel Number
187-070-019
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Stories Total
1
Entry Level
1
Fireplace
Yes
Pool
No
View
Yes
View
Yes
Association
No
Association Fee
$.00
Zoning
R1065
Senior Community
No
Parcel Number
187070019
Area
Riverside (252)
High School District
Riverside Unified
Directions
Tequesquite to Gregory North to Palo Verde

Recent comparable sales

Median sold price

$725,000

Avg days on market

21

Sale-to-list ratio

100.6%

Riverside, CA

9 comparable properties found

$725,000 | 4472 Beechwood Place, Riverside, CA 92506
1

$725,000

Sold 02/06/25

3
Bedrooms
1,952
Square Feet
0.21
Acres
a front view of a house with a yard
2

$735,000

Sold 05/30/25

3
Bedrooms
1,694
Square Feet
0.23
Acres
$775,000 | 5545 Tower, Riverside, CA 92506
3

$775,000

Sold 07/15/26

3
Bedrooms
1,820
Square Feet
0.2
Acres
a view of a house with backyard and sitting area
4

$815,000

Sold 04/28/25

3
Bedrooms
2,013
Square Feet
0.18
Acres
a house view with a garden space
5

$850,000

Sold 07/09/26

3
Bedrooms
1,631
Square Feet
0.34
Acres
$717,000 | 4883 Brockton Avenue, Riverside, CA 92506
6

$717,000

Sold 04/08/25

3
Bedrooms
2,104
Square Feet
0.19
Acres
a front view of a house with garden
7

$715,000

Sold 07/28/25

3
Bedrooms
1,670
Square Feet
0.19
Acres
8

$646,818

Sold 11/06/24

3
Bedrooms
2.5
Bathrooms
1,552
Square Feet
0.18
Acres
$615,000 | 6141 Grapevine Way, Riverside, CA 92504
9

$615,000

Sold 10/24/24

3
Bedrooms
2,033
Square Feet
0.06
Acres

Location

Listing Courtesy of NEST REAL ESTATE, CRYSTAL COLEMAN, DRE #01879574

Sold By KELLER WILLIAMS RIVERSIDE CENT, JASMINE MORENO, DRE #02067694

Add your commute

Building Information for 4850 Palo Verde Lane

Stories1Year Built1954Building Size-Lot Size0.30 AC / 13,068 SF

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$4,308 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,680

Property Taxes

$628

HOA Dues

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Property Information for 4850 Palo Verde Lane

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 0900
  • Tax Census Tract: 302.00
  • CFD/Mello-Roos Fee: $67
  • Tax Lot: 304
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Fishing, Hiking, Park, Preserve/Public Land, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Bonus Room, Exercise Room, Family Room, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: Ground
  • Structures: Preserve/Public Land
  • Structure Type: House
  • Other Structures: Preserve/Public Land
  • Miscellaneous: Preserve/Public Land
  • View Description: Panoramic, Trees/Woods
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Corner Lot, Cul-De-Sac, Front Yard, Park Nearby, Walkstreet
  • Lot Location: Preserve/Public Land, Corner Lot, Cul-De-Sac, Park Nearby
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 4850 Palo Verde Lane

DateEvent & SourcePriceAppreciation
Mar 19, 2025

Sold

SDMLS #IV25022889

$724,000
Mar 19, 2025

Sold

CLAW #IV25022889MR

$724,000
Mar 19, 2025

Sold

CRMLS #IV25022889

$724,000
DateEvent & SourcePrice
03/19/2025

Sold

SDMLS #IV25022889

$724,000
03/19/2025

Sold

CLAW #IV25022889MR

$724,000
03/19/2025

Sold

CRMLS #IV25022889

$724,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4850 Palo Verde Lane

Taxable ValueLand$221,544Additions$516,936Total$738,480
Tax Record2025$7,537 ($628 / month)
Home Facts
Beds3Baths1.8Total Finished SqFt1,444 SqFtAbove Grade Finished SqFt1,444 SqFtStories1Lot Size13,068 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1954ZoningR1065CountyRIVERSIDEAPN187-070-019

Schools near 4850 Palo Verde Lane

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Magnolia Elementary School
PublicK to 6

Central Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Riverside Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4850 Palo Verde Lane, Riverside, CA 92501
$724,000
3
1,835
13,068
2
1.75
1,218
17,860
3
1.75
1,890
25,700
$725,000
5
4
2,578
18,731
$775,000
5
3,187
7,405
$361,000
5
3,278
7,405

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NEST REAL ESTATE, CRYSTAL COLEMAN, DRE #01879574

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.