440 Elsmere, Riverside, CA 92506
440 Elsmere, Riverside, CA 92506
Property Description
INCREDIBLE VALUE IN ONE OF RIVERSIDE’S MOST DESIRABLE LOCATIONS! Imagine owning a nearly 2,200-square-foot home for the price of a house half its size, surrounded by neighborhoods where million-dollar homes are the norm! Tucked into a fantastic location between Canyon Crest, Alessandro Heights and Hillcrest, this spacious four-bedroom, 2.5-bath townhome presents an exceptional opportunity to enjoy more space, an outstanding location and an incredible value. Lovingly cared for by longtime art collectors, the home offers a distinctive sense of character and warmth, with thoughtful finishes and beautifully remodeled, high-end bathrooms. The generous floor plan feels more like a single-family residence, featuring spacious living areas and a large main-level bedroom currently configured as an office, along with a convenient powder room. Upstairs, the exceptionally spacious primary suite is a true retreat, featuring a dramatic vaulted ceiling and a beautifully remodeled en-suite bath with dual sinks, a soaking tub and separate walk-in shower. Additional highlights include a newer HVAC system, water softener and an installed stair lift, offering an added accessibility feature for those with mobility considerations. Step outside to your private rear patio, where mature specimen eucalyptus and pepper trees create a peaceful backdrop, beautiful views and a wonderful sense of privacy. Best of all, enjoy an exceptionally low-maintenance lifestyle, with landscaping and the building exterior maintained by the HOA. The private community also features a pool and spa. Ideally situated near highly regarded schools, Canyon Crest Towne Centre, Mission Grove Shopping Center, dining, shopping and everyday conveniences, this location is hard to beat. Where else can you find nearly 2,200 square feet of living space at a price comparable to homes half the size, in an area surrounded by million-dollar properties? At 440 Ellesmere Drive, you don't have to compromise on space or location to enjoy exceptional value. Don't miss this opportunity to own more home for your money in one of Riverside's most sought-after areas!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 1 active · 4 closed
Riverside · Townhouse
Listed in line with the median closed sale of $554,500. Price per sqft ($251) is a 16% discount to closed comps ($298).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2252 El Capitan | Riverside | 1972 | 3 | 3 | 1,789 | 0 | $313 | $559,900 | 49 | 75 |
| Total: 1 · Average | 3.0 | 3.0 | 1,789 | 0 | $313 | $559,900 | 49 | |||
| Median | 1,789 | $559,900 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2260 El Capitan | Riverside | 1972 | 06/26/2026 | 4 | 3 | 2,004 | 0 | $559,000 | $559,000 | $279 | 1.00 | 80 | 78 |
| 2250 El Capitan | Riverside | 1972 | 06/29/2026 | 3 | 3 | 1,993 | 0 | $549,000 | $550,000 | $276 | 1.00 | 77 | 76 |
| 2272 El Capitan Drive | Riverside | 1972 | 08/12/2026 | 2 | 3 | 1,612 | 0 | $560,000 | $547,000 | $339 | 0.98 | 75 | 71 |
| 680 Via Zapata | Riverside | 1970 | 04/03/2026 | 3 | 3 | 1,945 | 0 | $574,900 | $580,000 | $298 | 1.01 | 35 | 65 |
| Total: 4 · Average | 3.0 | 3.0 | 1,888.5 | 0 | $559,000 | $559,000 | $298 | — | 66.75 | ||||
| Median | 1,993 | $559,000 | $559,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.