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3968 Ramona Drive, Riverside, CA 92506

$875K3bd · 2ba · 2,328 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•63d on market•MLS# IV-26174885

Property Description

Welcome to a beautifully updated pool home offering more than 2,300 square feet of living space in Riverside’s coveted Wood Streets neighborhood. Built in 1940, this distinctive 3-bedroom, 2-bath residence blends original character with thoughtful modern upgrades. Inside, original hardwood flooring and a welcoming fireplace set a warm tone, while the open kitchen and dining area create a natural gathering space for everyday living and entertaining. The kitchen is both functional and refined, featuring a generous island with a second sink, ample prep space, a walk-in pantry, wine cooler, gas cooktop, convection oven, dishwasher, refrigerator, and a convenient pot filler faucet above the range. The dining area is also equipped with an integrated speaker system, enhancing the home’s entertainment experience. An indoor laundry room and two main-level bedrooms add flexibility and ease of living. Extensive underground plumbing improvements provide added value beyond the home’s visible upgrades, along with approximately $45,000 in included furnishings, games, a pool table, and additional items that make the property truly turnkey. The backyard is designed for year-round enjoyment, featuring a private in-ground pool and spa with a new pool heater and iAquaLink smartphone control system, seamlessly connected to the detached two-car garage. The garage has been renovated and finished with its own mini-split system, creating a versatile space ideal for a game room, studio, home gym, office, or entertainment area. Additional improvements include a newer roof, updated HVAC system, driveway, exterior paint, wood flooring, and tankless water heater. Conveniently located near Riverside City College, Downtown Riverside, Mount Rubidoux, shopping, dining, and the historic Mission Inn, this home offers a rare combination of character, modern upgrades, resort-style amenities, and proven versatility.

Features & Amenities

FeeBuilt 1940

Property Details

Land Type
Fee
Year Built
1940
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air, Whole House Fan
View
None
Flooring
Tile, Wood
Roof
Shingle
City
Riverside
Zip Code
92506
County
Riverside
Listed byKELLER WILLIAMS RIVERSIDE CENT, IRAN MARQUEZ-NAVA

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,424.48
Principal & Interest
Loan Amount
$700,000
Total Interest
$892,811
Total Payment Over 30 Years
$1,592,811
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

Residential Tier · 5 active · 5 closed

3968 Ramona Drive, Riverside, CA 92506

Riverside · Single Family Residence

$875K
Residential Tier
Beds
3
Baths
2
Sqft
2,328
Lot
8,276 sqft
Year
1940
$/Sqft
$376
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 39.6% above the median closed sale of $627,000. Price per sqft ($376) is a 17% premium to closed comps ($322).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $875K· $376/sqft
Total list price
Closed comps
vs closed median $627K
+$248K (+39.6%)
Active comps
vs active median $760K
+$115K (+15.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $354
+$22 (+6.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9439 JurupaRiverside2022432,3247,405$327$759,99012877
7633 River GulchRiverside2020422,38711,992$358$855,0001076
1774 7thRiverside2008421,9128,712$340$650,00013275
4314 Baggett DriveRiverside1978421,9676,970$331$650,09925173
3968 Elmwood CourtRiverside1921522,05411,326$413$849,00012872
Total: 5 · Average4.22.22,128.89,281$353.8$752,817.8129.8
Median2,054$759,990

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6630 Mount DiabloRiverside195210/06/2026321,7719,148$645,000$620,000$3500.964282
5538 CorwinRiverside195910/09/2026321,7007,841$500,000$465,000$2740.935578
20946 Mountain GateRiverside202010/07/2026422,31611,914$777,000$750,000$3240.965775
7690 Terra ManorRiverside202309/30/2026332,0634,792$655,000$648,000$3140.995674
3575 Philadelphia CourtRiverside197810/07/2026421,80910,890$629,999$627,000$3470.994172
Total: 5 · Average3.42.21,931.88,917$622,000$622,000$321.8—50.2
Median1,809$627,000$627,000

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.