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8034 Palm View Ln, Riverside, CA, 92508

4beds
4baths
3,589sqft
$849,000
$237price/sqft
$6,175/moest. monthly cost
$247,000/yrincome needed

About This Home

Located in the highly desirable Orangecrest this spacious home offers nearly 3,600 square feet of living space, highlighted by two primary suites and quality wood built-in cabinterty throughout. Elegant finishes, including extensive custom woodwork, rich cabinetry, and new flooring that flows throughout much of the interior. Architectural details such as custom archways create a sense of openness. The spacious chef’s kitchen is designed for both everyday living and entertaining. It features stainless steel appliances, granite countertops with an island with wraparound seating, and abundant custom cabinet. The main level offers multiple spaces for entertaining including a formal dining room, an inviting living room, a custom wine closet, and a wet bar. A dedicated office with built-in custom bookcases provides a functional workspace or library. Additional downstairs amenities include a full bathroom, laundry room and a three-car garage. Upstairs, the expansive primary owner’s suite features a separate sitting or retreat area, a spacious walk-in closet, and a large en-suite bath. A second junior primary suite offers excellent flexibility for multi-generational living or guest accommodations. This private suite includes its own en-suite bathroom with shower, dual sinks, and toilet, while the bedroom is large enough to accommodate a seating area. Two additional generously sized bedrooms are also located upstairs and share a well-appointed full bathroom. The backyard features a custom built-in waterfall that creates a relaxing focal point. The outdoor kitchen with built-in BBQ grill and a large covered patio provide the perfect setting for gatherings, dining, and year-round outdoor living.

Getting Around

30
WalkingCar-Dependent
27
TransitSome Transit
19
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bathroom

  • Features: Bidet,Bathtub,Separate Shower,Tub Shower

Bedroom

  • Features: All Bedrooms Up

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,All Bedrooms Up,Bedroom on Main Level,Multiple Primary Suites,Primary Suite
  • Flooring: Carpet,Vinyl
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,589 sqft

Kitchen

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

Master Bedroom

  • Features: Multiple Primary Suites

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 276321007
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Concrete
  • Spa features: None
  • Fencing: Block,Wood
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,841 sqft
  • Features: Back Yard

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

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 $4,293$51,516
Home Insurance *$226$2,712
Property Taxes $887$10,644
Electricity $769$9,235
Total$6,175$74,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,714/yr
40% on housing$185,250/yr
45% on housing$164,666/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

$237This listing

vs Other Active Listings

Avg $/sqft

ZIP 92508$306
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92508$293
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
2026-03-20Listed for sale$859,000
2005-01-13Sold$515,000
2002-06-27Sold$290,000

For Sale by Agent

AgentGoran Forss
BrokerageTeam Forss Realty Group

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