4
Bedrooms
Sold for $750,000 · Jul 2024
SOLDListed at $799,900
Riverside, CA
MLS# IV24099620
BRAD ALEWINE
Listing Agent
COMPASS
DRE #: 01104973
Brokerage: COMPASS
4
Bedrooms
3
Bathrooms
2,881 sqft
Square Feet
1928
Year Built
0.57 acres
Lot Size
$260
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
VICTORIA WOODS- VICTORIA CLUB VIEW AND FRONTAGE- Historic Somerset Drive with spectacular eastwardly view of the beautiful Victoria Club Golf Course, Lake and Club House, This 2 Spanish Revival has been configured and utilized as a single family home, Duplex and even a Triplex over the years. Enter the main level from the street to the massive formal living room with fireplace and wood beamed ceiling; large formal dining room with wet bar and floor to ceiling windows with access to the deck; Large island kitchen; A generous primary suite with walk-in closet spacious bath; Descend the stairway to the lower level where there are tow additional bedrooms and baths as well as large family room, two kitchenettes and a laundry room. The roomy grounds are split into three levels; The mid-level is the pool/spa (not currently in use) and sun-deck; The lover level is a Citrus Orchard potentially qualifying the property for an agricultural water rate from the City of Riverside Public Utilities. Tons of potential as a private residence or to live in part and secure additional income from one of the additional units or for pure income generating purposes.
Listing description from the July 2024 sale, as reported to CRMLS.
Location not available for this listing.
1 recorded sale
4800 Somerset Drive sold for $750,000 in July 2024, 6.2% under its $799,900 list price, after 27 days on the market. It was first listed at $999,900. That works out to $260 per square foot on 2,881 square feet. Across 213 closed sales in 92507 over the last 12 months, the median sold price is $600,000 and the median is $367 per square foot, 41% above this sale's $260.
| Quarter | Closed sales in 92507 | Median sold price |
|---|---|---|
| Q1 2026 | 15 | $545,000 |
| Q2 2026 | 70 | $587,500 |
| Q3 2026 | 105 | $618,000 |
| Q4 2026 | 23 | $648,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Riverside · Homes for sale in 92507
Closed sales reported in 92507, newest first, last 12 months. All recent sales in Riverside →
4800 Somerset Drive
Contact BRAD ALEWINE
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Contact Listing Agent
COMPASS
DRE #01104973
Contact information is not available for this listing.