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3968 Elmwood Court, Riverside, CA 92506

$849K5bd · 2ba · 2,054 sqft
Lot 11,326 sqft•Single Family Residence•
Active
•129d on market•MLS# IV-26120616

Property Description

Huge Price Reduction-Seller Motivated!! Exquisite Harry Marsh-designed 1934 English Tudor in the heart of Riverside's coveted historic Wood Streets neighborhood, offering five bedrooms, two beautifully remodeled bathrooms, and over 2,000 square feet of timeless character and modern updates. The remodeled granite kitchen features a charming breakfast nook, while the spacious formal dining room, hardwood floors throughout, original built-ins, and inviting fireplace showcase the home's exceptional architectural charm. The flexible floor plan includes three bedrooms on the main level, including a true primary suite with a beautifully remodeled bathroom, plus two additional bedrooms upstairs. An indoor laundry room adds everyday convenience. Lovingly maintained and thoughtfully improved, the sellers have invested extensively in major upgrades, including the roof, HVAC system, marble flooring, and partial plumbing and electrical updates. The professionally landscaped grounds feature automatic sprinklers in both the front and rear yards, a classic Hollywood driveway, and a large backyard with saltwater pool/spa. A standout feature is the detached two-car garage, complete with durable epoxy floors and electrical upgrades. This space presents a blank canvas for customization and offers excellent potential for conversion into an ADU (Accessory Dwelling Unit), creating opportunities for multigenerational living, a guest house, home office, or rental income, subject to buyer verification and city approval. A rare and exceptional Wood Streets gem that perfectly blends historic elegance with modern comfort and future possibilities.

Features & Amenities

FeeBuilt 1921

Property Details

Land Type
Fee
Year Built
1921
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
City
Riverside
Zip Code
92506
County
Riverside
Listed byWESTCOE REALTORS INC, SHELBY L LOOMIS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,293.01
Principal & Interest
Loan Amount
$679,200
Total Interest
$866,282
Total Payment Over 30 Years
$1,545,482
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 Elmwood Court, Riverside, CA 92506

Riverside · Single Family Residence

$849K
Residential Tier
Beds
5
Baths
2
Sqft
2,054
Lot
11,326 sqft
Year
1921
$/Sqft
$413
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 23.8% above the median closed sale of $685,990.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $849K· $413/sqft
Total list price
Closed comps
vs closed median $686K
+$163K (+23.8%)
Active comps
vs active median $725K
+$124K (+17.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $336
+$77 (+22.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7633 River GulchRiverside2020422,38711,992$358$855,000974
1774 7thRiverside2008421,9128,712$340$650,00013173
4314 Baggett DriveRiverside1978421,9676,970$331$650,09925170
4252 JenkinsRiverside2003632,1276,970$341$725,00012969
7335 StockyardRiverside2018532,6579,148$312$829,00016467
Total: 5 · Average4.62.42,2108,758.4$336.4$741,819.8136.8
Median2,127$725,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3575 Philadelphia CourtRiverside197810/07/2026421,80910,890$629,999$627,000$3470.994176
20946 Mountain GateRiverside202010/07/2026422,31611,914$777,000$750,000$3240.965774
2972 Westchester DriveRiverside197510/02/2026521,5768,276$698,000$698,000$4431.008672
6630 Mount DiabloRiverside195210/06/2026321,7719,148$645,000$620,000$3500.964270
3913 Madrona RoadRiverside195910/08/2026321,62310,019$679,990$685,990$4231.013169
Total: 5 · Average3.82.01,81910,049.4$676,198$676,198$377.4—51.4
Median1,771$685,990$685,990

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.