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8059 Terraza Court, Riverside, CA 92508

$1.10M4bd · 4ba · 3,311 sqft
Lot 28,314 sqft•HOA $355/mo•Single Family Residence•
Active
•125d on market•MLS# IV-26127028

Property Description

Nestled within the prestigious gated enclave of Rancho Valencia, this residence offers a rare living experience defined by 110 acres of lush, producing citrus groves. With only 116 homes in the community, the neighborhood is characterized by a unique ambiance of green open space and the sweet scent of citrus blossoms that drifts through the air. The home itself has been meticulously maintained and thoughtfully updated, featuring a fresh interior and exterior palette. Step inside to find stunning wide-plank clear white oak flooring that flows seamlessly underfoot, complemented by designer-selected fixtures and recessed LED lighting that create a warm, sophisticated glow throughout the home. The heart of the residence is an expansive open-concept kitchen, complete with a sprawling granite breakfast bar, built-in appliances, and a butler’s pantry that connects to the formal dining room—perfect for hosting. This space transitions effortlessly into a large, sun-lit great room anchored by a cozy fireplace. The thoughtful layout includes four bedrooms, highlighted by a secluded primary suite featuring dual walk-in closets, a jetted soaking tub, and a separate shower. Two additional bedrooms share a Jack-and-Jill bath, while a versatile fourth bedroom currently serves as a professional office off the foyer. Perhaps the most standout feature is the detached guest suite; separated by a charming courtyard with its own private entrance, it offers the ultimate flexibility for visitors or a long-term guest. Outside, the backyard serves as a private sanctuary. Relax on the patio beside a soothing water feature while taking in the serene views of the surrounding groves. The property also boasts a large side yard with gates for potential RV parking, an oversized two-car garage, and an indoor laundry room. This is more than just a home; it is a retreat into the quiet elegance of Alessandro Heights.

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Central Air, Dual, Electric
View
Orchard
Flooring
Tile, Wood
Roof
Spanish Tile, Concrete
City
Riverside
Zip Code
92508
County
Riverside
Listed byUnknown Office, BRAD ALEWINE

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,561.69
Principal & Interest
Loan Amount
$879,920
Total Interest
$1,122,289
Total Payment Over 30 Years
$2,002,209
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

Luxury Tier · 5 active · 5 closed

8059 Terraza Court, Riverside, CA 92508

Riverside · Single Family Residence

$1.10M
Luxury Tier
Beds
4
Baths
4
Sqft
3,311
Lot
28,314 sqft
Year
2003
$/Sqft
$332
Pool: No✓
Spa: No✓
View: Orchard✓
Garage: 2-car✓

Listed 24.3% above the median closed sale of $885,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.10M· $332/sqft
Total list price
Closed comps
vs closed median $885K
+$215K (+24.3%)
Active comps
vs active median $950K
+$150K (+15.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $368
−$36 (−9.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7631 Capstone CourtRiverside2022532,84828,466$439$1.25M2677
8274 Fern Grove CircleRiverside2004442,85413,068$307$875,0004570
11610 Cornell AvenueRiverside1970442,88914,810$266$769,0001868
4734 Somerset DriveRiverside1928532,90235,719$500$1.45M16568
16515 Canyon RidgeRiverside2026542,89416,988$328$950,00014468
Total: 5 · Average4.63.62,877.421,810.2$368$1.06M79.6
Median2,889$950,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1125 PamplonaRiverside200209/29/2026432,90024,829$924,900$885,000$3050.968679
2760 Mcallister StreetRiverside196609/22/2026543,30618,295$874,000$870,000$2630.995473
5462 Sierra VistaRiverside197509/30/2026533,00923,087$899,900$860,000$2860.967772
16796 Golden Bluff LoopRiverside201309/29/2026433,07910,019$899,000$900,000$2921.005570
18493 Oak Park DriveRiverside200110/01/2026453,81747,045$1.35M$1.40M$3651.033567
Total: 5 · Average4.43.63,222.224,655$982,000$982,000$302.2—61.4
Median3,079$885,000$885,000

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.