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901 Clearwood Ave, Riverside, CA, 92506

5beds
3baths
2,650sqft
$967,500
$365price/sqft
$6,605/moest. monthly cost
$264,200/yrincome needed

About This Home

Recent appraisal available! Exquisitely upgraded 5-bedroom, 3-bath executive residence, gracefully positioned on an expansive approximately 1/3-acre homesite with owned solar, gated RV access, no HOA, and breathtaking city light views. Offering an exceptional blend of elegance, comfort, and resort-inspired amenities, this remarkable home is designed for those who appreciate both luxury and functionality. From the moment you arrive, the home's impressive curb appeal sets the tone. Enhanced by recent exterior paint and freshly painted fencing, the property welcomes you with a charming front courtyard featuring a tranquil decorative fountain, creating an unforgettable first impression. Inside, soaring ceilings, abundant natural light, newly added plantation shutters, LED lighting, and sophisticated finishes create an atmosphere of timeless elegance. A grand foyer with stunning marble tile flooring and a dramatic staircase opens to expansive formal living and dining spaces, beautifully appointed for both intimate gatherings and large-scale entertaining. At the heart of the home, the beautifully appointed chef's kitchen showcases rich wood cabinetry, granite countertops, stainless steel appliances, a brand-new cooktop, and a spacious center island overlooking the inviting family room with a cozy fireplace—creating the perfect space for everyday living and effortless entertaining. A main-level bedroom and full bath provide ideal accommodations for guests or multigenerational living. Downstairs laundry room adds everyday convenience. Upstairs, the luxurious primary suite serves as a private retreat, complete with an expansive spa-inspired bath featuring a soaking tub, separate walk-in shower, dual vanities, and a generous walk-in closet. Three additional spacious bedrooms and a full bath complete the thoughtfully designed upper level. Step outside into your private resort. The beautifully designed backyard offers an inviting pool and spa with auto-fill, a covered patio, built-in BBQ bar, and expansive entertaining areas surrounded by low-maintenance turf. You'll appreciate the panoramic city light views. This home has also been thoughtfully updated for modern comfort and efficiency. Recent improvements include newer luxury flooring installed within the past few years, recent exterior paint, freshly painted fencing, a newly installed furnace with an energy-efficient electric heat pump, and one recently replaced air condenser, providing peace of mind comfort.

Getting Around

20
WalkingCar-Dependent
26
TransitSome Transit
7
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1989

Materials

  • Roof: Clay,Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Barbecue,Convection Oven,Gas Cooktop,Microwave,Refrigerator,Water Softener,Water Heater,Water Purifier
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Granite Counters,Separate Shower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Features: Separate Family Room

Features

  • Separate/Formal Dining Room,Granite Counters,High Ceilings,Open Floorplan,Track Lighting,Two Story Ceilings,Bedroom on Main Level,Entrance Foyer,Main Level Primary,Multiple Primary Suites,Walk-In Closet(s)
  • Window features: Plantation Shutters
  • Flooring: Stone,Wood
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,650 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island,Kitchen/Family Room Combo

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Multiple Primary Suites

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: Safe Emergency Egress from Home

Details

  • Parcel number: 268091001
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Private pool: Yes
  • Pool features: Gas Heat,In Ground,Private
  • Patio & porch: Patio,Porch
  • Exterior features: Barbecue,Lighting
  • Has spa: Yes
  • Spa features: Heated,In Ground,Private
  • Fencing: Good Condition,Privacy,Wrought Iron
  • Has view: Yes
  • View description: City Lights,Park/Greenbelt,Panoramic

Lot

  • Lot size: 0.33 Acres
  • Features: Back Yard,Lawn,Landscaped,Near Park,Near Public Transit,Paved

Parking

  • Total spaces: 8
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Wildfire
Heat Wave

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,892$58,704
Home Insurance *$242$2,904
Property Taxes $903$10,836
Electricity $568$6,819
Total$6,605$79,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$226,457/yr
40% on housing$198,150/yr
45% on housing$176,133/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 92506$367
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92506$379
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Price change$967,500
2026-06-20Price change$987,500
2026-06-10Price change$995,000
2026-05-11Listed for sale$999,900
2026-01-02Listing removed$4,900
2025-10-23Listed for rent$4,900
2023-05-28Listing removed$875,000
2022-12-24Listing removed--
2022-12-20Price change$4,500
2022-12-14Listed for rent$4,200
2022-04-20Contingent$875,000
2022-04-13Listed for sale$875,000
2002-03-20Sold$345,000
2001-05-09Sold$616,000
1998-04-13Sold$430,000
1998-02-20Sold$188,512

For Sale by Agent

AgentKatarina Daniels
BrokerageREDFIN

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