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16796 Katie Dr, Riverside, CA, 92504

4beds
4baths
3,945sqft
$1,575,000
$399price/sqft
$10,671/moest. monthly cost
$426,840/yrincome needed

About This Home

REDUCED FOR QUICK SALE - Welcome to this exceptional custom estate nestled in one of Riverside's most prestigious neighborhoods. Situated on an expansive 39,000 sq. ft. lot, this impressive 3,945 sq. ft. single-story residence offers 4 spacious bedrooms, 4 bathrooms, and the perfect blend of luxury, comfort, and privacy. From the moment you arrive, you'll be captivated by the grand circular driveway with two gated entrances, providing outstanding curb appeal, privacy, and ample parking. In addition to the attached 4-car garage, the oversized driveway easily accommodates multiple vehicles, RVs, trucks, or recreational toys. Step through the impressive grand foyer featuring soaring high ceilings that create an elegant and welcoming first impression. The spacious floor plan is designed for both everyday living and entertaining, offering generous living spaces filled with natural light. The luxurious primary suite serves as a private retreat, complete with its own balcony overlooking scenic views. The recently remodeled spa-inspired primary bathroom features premium finishes, a separate sauna room, and an atmosphere designed for relaxation and rejuvenation. The resort-style backyard is truly an entertainer's dream. Enjoy the custom saltwater swimming pool and spa surrounded by mature landscaping and a variety of fruit trees, including delicious passion fruit. The expansive grounds provide endless possibilities for outdoor entertaining, gardening, sports courts, or even the addition of an ADU. Whether you're hosting large gatherings or simply enjoying peaceful evenings at home, this remarkable property offers the space, amenities, and setting to accommodate every lifestyle. Combining luxury living with exceptional outdoor space, breathtaking views, and an unbeatable location, this Riverside estate presents a rare opportunity to own a truly one-of-a-kind home.

Getting Around

13
WalkingCar-Dependent
0
TransitNo Nearby Transit
8
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1999

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Disposal,Microwave,Range Hood,Water Heater
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room

Bathroom

  • Features: Bathtub,Granite Counters,Separate Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 1

Features

  • Balcony,Block Walls,Ceiling Fan(s),Cathedral Ceiling(s),Granite Counters,Entrance Foyer,Walk-In Closet(s)
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,945 sqft

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 273173002
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Ground
  • Private pool: Yes
  • Pool features: In Ground,Private,Salt Water
  • Has spa: Yes
  • Spa features: In Ground
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.90 Acres
  • Features: 0-1 Unit/Acre,Lawn,Landscaped

Parking

  • Total spaces: 4
  • Parking features: Door-Multi,Garage,Garage Door Opener,Gated,RV Access/Parking,Garage Faces Side,See Remarks
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

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

How This Home’s Risks Compare

Wildfire
Earthquake
Inland Flooding
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 $7,964$95,568
Home Insurance *$407$4,884
Property Taxes $1,455$17,460
Electricity $845$10,151
Total$10,671$128,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$365,862/yr
40% on housing$320,130/yr
45% on housing$284,560/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

$399This listing

vs Other Active Listings

Avg $/sqft

ZIP 92504$340
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92504$403
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
2026-07-01Listed for sale$1,575,000
2023-08-31Sold$1,450,000
2023-08-27Pending sale$1,400,000
2023-07-29Contingent$1,400,000
2023-07-11Price change$1,400,000
2023-06-26Price change$1,500,000
2023-06-13Listed for sale$1,600,000
2005-05-31Sold$940,000
1998-07-02Sold$48,000
1997-10-07Sold$19,000

Pre-Foreclosure - For Sale by Agent

AgentPranavkumar Patel
BrokerageCrescent Financial Service

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