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$1,885,000

Beds
4
Baths
3.5
sq ft
4,008

5239 Lochmoor Dr, Riverside, CA 92507

5239 Lochmoor Dr

Riverside, CA 92507

  • 8 days on market
Experience luxury living in this exquisite estate nestled on over an acre with breathtaking panoramic city lights view in beautiful Canyon Crest. The journey begins at the private, gated courtyard, leading to a handcrafted arched double front door and formal entry. Step into the expansive formal living room featuring marble floors, high ceilings, and oversized windows that showcase the stunning views. The bright and elegant formal dining room opens through French doors to a covered patio, perfect for al fresco dining. The chef’s kitchen is a culinary masterpiece, equipped with high-end stainless-steel appliances including a built-in, double-door KitchenAid refrigerator and a DCS gas range with double ovens, griddle, and grill. The massive granite island offers ample prep space and breakfast bar seating. Additional features include a walk-in pantry, separate butler’s pantry, breakfast nook, and luxurious Alderwood cabinetry, all flowing seamlessly into a large family room with a fireplace and custom entertainment center. The master suite is a retreat unto itself with a cozy fireplace, dual walking closets, and a spa-like bathroom featuring a large soaking tub and walk-in shower. The second bedroom, with French door access from the courtyard, includes a private bathroom, while the remaining two bedrooms share an adjoining bathroom with dual sinks and a walk-in shower. The outdoor area perfectly captures the essence of California lifestyle, boasting a sparkling rock waterfall pool and spa, newly renovated with pebble tec. A gated driveway leads to a 4-car garage with a mobile track storage system and an expansive gated area ideal for RV parking. This property offers the perfect blend of privacy and accessibility, with close proximity to freeways, UCR, and the nearby Sycamore Canyon Wilderness Park for hiking and biking.

Details

Property type

Single Family Residence

Est. home value

$2,146,411

Lot size

1.16 acres

Price per sq ft

$471

Year built

2005

Price History

06/21/2024
CRMLS

CRMLS #IV24113702

Listed
$1,885,000
-4.31%
02/16/2024
CRMLS

CRMLS #IV23166721

Removed
$1,970,000
01/25/2024
CRMLS

CRMLS #IV23166721

Price change
$1,970,000
-1.25%

Schools & Community

Neighborhood: 

Canyon Crest

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Park

High school district: 

Riverside Unified

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$934,710
Asking price
$1,885,000
Closing costs (~8% of asking)
-$150,800
Est. remaining loan balance
-$799,490
Cash to seller
$934,710

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$860,000

Est. remaining balance

$799,490

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Michael V Moody

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/29/2024 at 7:40 AM

Listing updated: 06/22/2024 at 3:38 PM

Listed by: MARY BAEZ-WAGNER, KELLER WILLIAMS RIVERSIDE CENT Phone #: (951) 776-5700

MLS: CRMLS #IV24113702

CRMLS logo

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