Stunning single story with low maintenance landscaping
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18437 Newman Avenue, Riverside, CA 92508

$1.50M4bd · 3ba · 3,908 sqft
Lot 1 sqft•Single Family Residence•
Active
•173d on market•MLS# IG-26096452

Property Description

Set on nearly an acre in a semi-rural neighborhood of large-lot homes, this single-story 4-bedroom, 3-bath residence with an additional den/office offers space, flexibility, and beautiful natural surroundings. The open floor plan includes formal living and dining areas, a spacious family room with fireplace, and an extra-large kitchen designed for both everyday living and entertaining. The kitchen features granite countertops, a large island with breakfast bar seating, a three-compartment sink, a standard range plus wall oven, and a separate casual dining area. The primary suite is a true retreat with its own fireplace, two separate closets, dual sinks with a connecting vanity, and a jetted soaking tub. A large laundry room adds everyday convenience, while two attached two-car garages provide a total of four garage spaces. One garage includes extensive built-in storage, and the second is currently configured as a home office and gym, offering excellent flexibility. Outdoors, enjoy a wide covered patio spanning the back of the home, terraced backyard areas, and peaceful views of rolling hillsides, rocky outcroppings, and canyon scenery. The property has been newly planted with edible fruit trees, ornamental flowering trees, and shrubs. A large side parking area offers room for an RV or other long vehicles, and the lower portion of the lot remains undeveloped for future plans. Zoned R-A for limited light agricultural use with horses allowed, in an area with a strong equestrian presence. Located a short drive from the historic citrus museum, groves, and fresh fruit stands.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
Canyon, Hills, Trees/Woods, Valley
Flooring
Carpet, Tile
City
Riverside
Zip Code
92508
County
Riverside
Listed byWolf Real Estate & Loans, David Wolf

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,584.31
Principal & Interest
Loan Amount
$1,199,920
Total Interest
$1,530,432
Total Payment Over 30 Years
$2,730,352
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

18437 Newman Avenue, Riverside, CA 92508

Riverside · Single Family Residence

$1.50M
Luxury Tier
Beds
4
Baths
3
Sqft
3,908
Lot
40,511 sqft
Year
2006
$/Sqft
$384
Pool: No✓
Spa: No✓
View: Canyon, Hills, Trees/Woods, Valley✓
Garage: 4-car✓

Listed 7.4% below the median closed sale of $1,620,000. Price per sqft ($384) is a 20% premium to closed comps ($319). Expect a longer timeline — comps averaged 166 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.50M· $384/sqft
Total list price
Closed comps
vs closed median $1.62M
−$120K (−7.4%)
Active comps
vs active median $1.57M
−$75K (−4.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $420
−$36 (−8.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17531 Fairbreeze CourtRiverside2007444,59840,946$288$1.32M2572
16796 KatieRiverside1999443,94539,204$399$1.57M12461
17041 FranklandRiverside2007533,20088,427$516$1.65M19755
17595 Bretton WoodsRiverside2022654,98654,886$341$1.70M545
18636 Mockingbird CanyonRiverside1979432,391102,366$554$1.32M435
Total: 5 · Average4.63.83,82465,165.8$419.6$1.51M71
Median3,945$1.57M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
18332 Mariposa AvenueRiverside202609/15/2026565,05943,560$1.68M$1.62M$3200.968274
18404 Mariposa AvenueRiverside202506/17/2026565,05943,560$1.68M$1.67M$3310.9917773
18476 Mariposa AvenueRiverside202502/13/2026565,05943,560$1.67M$1.67M$3301.0022472
18337 Park Mountain DriveRiverside202508/05/2026564,17213,530$1.34M$1.28M$3070.9524467
9690 Sierra Grove StreetRiverside202507/29/2026564,17210,530$1.26M$1.29M$3091.0310366
Total: 5 · Average5.06.04,704.230,948$1.51M$1.51M$319.4—166
Median5,059$1.62M$1.62M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.