$7,719 Closing Credit¹
#TR24230942, Caroline Tsay, Listing Office: IRN Realty
#IV25022889·
Listing Office: NEST REAL ESTATE·
Listing Agent: CRYSTAL COLEMAN·
Listing Office Phone: 951-801-0924
$8,598
closing credit¹
4850 Palo Verde Ln Riverside, CA 92501
$724,000 List price
$8,598
Closing credit¹
3 beds
2 full, 1 partial
1,835 sqft
0.3 acres
$395 / sqft
House
Property details
About 4850 Palo Verde Ln
Tucked away in one of Riverside’s best-kept secrets, this 3-bed, 2.5-bath home sits on a private 1/3-acre lot at the base of Mt. Rubidoux. Surrounded by three major city parks and overlooking the Santa Ana River Bottom, this serene retreat offers direct access to the 110-mile Santa Ana River Trail while being just minutes from downtown. Inside, the open living room is bathed in natural light, with expansive sliding glass doors framing stunning river bottom views. A custom rock gas and wood-burning fireplace adds warmth, while the large covered deck invites you to relax and take in breathtaking sunsets. The kitchen offers Corian countertops, custom cabinetry with glass knobs, and under-cabinet lighting. Nearby, the laundry room includes a custom shower, deep sink, storage, and counter space. Laminate wood flooring flows throughout the main level, which has been thoughtfully updated with new plumbing, electrical upgrades, fresh stucco, insulation, and dual-pane gas windows. Downstairs, a private one-bedroom, one-bath suite features its own living area, walk-in closet, and separate entrance—ideal for guests, a home office, or creative space. The backyard is a blank slate, fully enclosed with vinyl fencing and unobstructed river bottom views. Additional highlights include mirrored closet doors, built-in cabinetry, two single-car garages with workbenches and extra storage, plus ample adjacent parking. A rare blend of seclusion and accessibility, this home offers peaceful surroundings while being just minutes from city conveniences. Schedule your private showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,835 sqft
Lot size0.3 Acres
Year built1954
MLS #IV25022889
Attached garage2 spaces
FireplaceLiving Room
ViewPark, Mountain(s), Panoramic, Trees/Woods
Summary
- MLS Number: IV25022889
- MLS Name: CRMLS
- Office Name: NEST REAL ESTATE
- Office Phone: (951) 801-0924
- Listing Agent: CRYSTAL COLEMAN
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: 2/1/2025, 8:20:53 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
$724,000
4850 Palo Verde Ln
$8,598
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 24, 2008 | Home Sold | $30,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $599,269 | $6,624 |
| 2023 | $587,520 | $6,595 |
| 2022 | $576,000 | $6,473 |
| 2021 | $107,057 | $1,278 |
| 2020 | $105,961 | $1,269 |
| 2018 | $101,848 | $1,223 |
| 2017 | $99,852 | $1,129 |
History based on county public records data.
Nearby schools
6
Magnolia Elementary School
Public District KG-6
1.1 mi
•3975 Maplewood Pl
5
Bryant School of Arts and Innovation
Public District KG-6
1.3 mi
•4324 3rd St
2
Ina Arbuckle Elementary School
Public District KG-6
1.5 mi
•3600 Packard St
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 $33,958. Residents of Riverside, CA typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
18%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Major League Soccer (MLS)
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Burlington
Where do the neighbors go to eat?
Qdoba
Sonic
Cicis Pizza
What do the neighbors drive?
Volkswagen
Infiniti
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4850 Palo Verde Ln
This home is located at 4850 Palo Verde Ln in Riverside, CA and zip code 92501 in the Downtown Riverside neighborhood. This 1,835 square foot home, which was built in 1954, sits on a 0.30 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $724,000.
While more than 68 listings in Riverside, CA in December 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 56 were sold below. The inventory of homes for sale in Riverside, CA between November and December 2024 decreased by 10.7%. While the average time on the market in December 2024 was 46 days, the median list price was $655,980.
From Rocket Homes Real Estate and based on county public records data.