$6,293 Closing Credit¹
#OC25002520, Justin Tye, Listing office: Real Broker
#AR25139437·
Listing office: HomeSmart, Evergreen Realty·
Listing agent: Phuong Mac·
Listing office phone: 626-360-9223
$489,000 List price
28499 Forest Oaks Way Moreno Valley, CA 92555
$5,807
Closing credit¹
3 beds
2 full, 1 partial
1,764 sqft
0.1 acres
$277 / sqft
House
Property details
About 28499 Forest Oaks Way
First time on the market, this is your chance to own a piece of the highly sought-after Rancho Belago neighborhood! Discover this incredible "Diamond in the Rough," a 3-bedroom, 2.5-bath home brimming with potential. Calling all first-time buyers and savvy investors! This "fixer-upper" is priced to sell. Bring your vision and transform this spacious layout into your dream home or a profitable flip. With affordable property becoming harder to find, this is your moment to make a smart move. Tucked away in a peaceful, low-traffic area just south of the freeway, you'll enjoy both convenience and tranquility. The oversized three-car garage provides ample space for vehicles, storage, or even a workshop. This property is being Sold As-Is and is an absolute MUST-SEE! Opportunities like this in Rancho Belago don't last. Act now and seize the chance to create something truly special.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,764 sqft
Lot size0.12 Acres
Year built1993
ParkingConcrete, Door-Multi, Garage
MLS #AR25139437
Attached garage3 spaces
FireplaceFamily Room
ViewGolf Course, Trees/Woods
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Water Heater
- Flooring Type: Carpet, Tile, Vinyl
- Interior: High Ceilings, All Bedrooms Up, Attic, Walk-In Closet(s)
- Fireplace: Family Room
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Concrete, Door-Multi, Garage
- View: Golf Course, Trees/Woods
- Architectural Style: Spanish
- Heating: Central
- Cooling: Central Air
- List Price: $489,000
- Price/SqFt: $277
- HOA Amount: $0
- Annual Tax Amount: $2,664
- Tax Year: 2024
- Lot: Back Yard, Front Yard
- Directions: Moreno Beach Blvd and head South. Turn left (east) on John F. Kennedy Blvd then take a right (north) onto Bay View Dr. Follow the street up and around onto Forest Oaks Way.
- Year Built: 1993
- Stories: 2
- Living Area: 1,764 SqFt
- Lot Size: 0.12 Acres
- MLS Number: AR25139437
- MLS Name: CRMLS
- Office Name: HomeSmart, Evergreen Realty
- Office Phone: (626) 360-9223
- Listing Agent: Phuong Mac
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$489,000
28499 Forest Oaks Way
$5,807
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 23, 1996 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $219,834 | $2,664 |
| 2023 | $215,525 | $2,613 |
| 2022 | $211,300 | $2,566 |
| 2021 | $207,158 | $2,527 |
| 2020 | $205,035 | $2,501 |
| 2018 | $197,075 | $2,415 |
| 2017 | $193,212 | $2,342 |
History based on county public records data.
Nearby schools
5
Ridge Crest Elementary School
Public District KG-6
0.2 mi
•28500 John F Kennedy Dr
3
La Jolla Elementary School
Public District KG-5
1.0 mi
•14745 Willow Grove Pl
4
Moreno Elementary School
Public District KG-5
2.4 mi
•26700 Cottonwood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,971. The majority of Moreno Valley, CA residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
53%
35k-100k
31%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
11%
Single, with Kids
35%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
College Football
PGA/LPGA
Soccer
Where do the neighbors shop?
Express/Express For Men
Stein Mart
Old Navy
Where do the neighbors go to eat?
Sonic
Bob Evans
Jimmy Johns
What do the neighbors drive?
Kia
Lincoln
GMC
What do the neighbors listen to?
New Country
News/Talk/Information
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 28499 Forest Oaks Way
The listing price of 28499 Forest Oaks Way property is $489,000.
The property 28499 Forest Oaks Way is a house located in Moreno Valley, California, 92555.
Active Listing: 28499 Forest Oaks Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 28499 Forest Oaks Way are: Ridge Crest Elementary School (GreatSchools Rating 5/10), La Jolla Elementary School (GreatSchools Rating 3/10), Moreno Elementary School (GreatSchools Rating 4/10), Landmark Middle School (GreatSchools Rating 5/10), Mountain View Middle School (GreatSchools Rating 3/10), Vista Verde Middle (GreatSchools Rating 4/10), Vista Del Lago High School (GreatSchools Rating 5/10), Valley View High School (GreatSchools Rating 6/10), Val Verde Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,664 (source: MLS/based on county public records data).
The last sale was on February 23, 1996 for $135,000 (source: MLS/tax record).
The property at 28499 Forest Oaks Way has 3 bedrooms and 2 full and 1 half bathrooms.
The property 28499 Forest Oaks Way is 1,764 SqFt (source: MLS/tax record).
The year of construction for 28499 Forest Oaks Way is 1993.
This home is located at 28499 Forest Oaks Way in Moreno Valley, CA and zip code 92555 in the Rancho Belago neighborhood. This 1,764 square foot home, which was built in 1993, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 22, 2025 and is currently priced at $489,000.
Moreno Valley, CA housing market in May 2025 saw over 40 listings sold above listed price, more than 31 sold at listed price and over 30 sold below. The number of listings in Moreno Valley, CA increased by 2% between April and May 2025. In May 2025 median list price was $560,000 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.