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28247 Reservoir, Nuevo, CA 92567

$530K3bd · 2ba · 1,152 sqft
Lot 23,522 sqft•Manufactured On Land•
Active
•125d on market•MLS# OC-26141447

Property Description

Welcome to your fully remodeled retreat in Nuevo! This turnkey 3-bedroom, 2-bath manufactured home offers 1,152 sq ft of beautifully upgraded living space set on a corner half-acre lot you own outright, with no HOA, no space lease and no age restrictions. All the big-ticket items are done: brand new roof, brand new HVAC system, complete repipe, luxury vinyl plank flooring throughout, fresh interior and exterior paint, and a fully updated kitchen and bathrooms featuring new shaker cabinets, quartz countertops and all new appliances. The lot is where the real opportunity lives. Corner positioning gives you extra privacy, natural separation from neighbors and added flexibility for future improvements including an ADU. Mature palms, pepper trees and established shade trees give the property character and natural canopy you cannot buy overnight. Zoned R-A (Residential Agricultural) by Riverside County, you are cleared to keep horses, cattle, sheep and goats, up to 2 large animals per 20,000 sq ft. Chickens, rabbits and other small animals are also permitted. Grow crops, tend a garden, run a greenhouse or set up a nursery, all allowed by right. The zoning supports select home based businesses and the lot qualifies for an additional dwelling unit, giving you room to house family, generate rental income or build long term equity. All of this within easy reach of the 74 and everyday amenities.

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Bluff, Hills, Mountain(s), Panoramic, Pasture
Flooring
Vinyl
Roof
Shingle
City
Nuevo
Zip Code
92567
County
Riverside
Listed byH & M Realty Group, Lauren Barnett

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,679.96
Principal & Interest
Loan Amount
$423,999
Total Interest
$540,787
Total Payment Over 30 Years
$964,786
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

Affordable Tier · 2 active · 5 closed

28247 Reservoir, Nuevo, CA 92567

Nuevo · Manufactured On Land

$530K
Affordable Tier
Beds
3
Baths
2
Sqft
1,152
Lot
23,522 sqft
Year
1989
$/Sqft
$460
Pool: No✓
Spa: No✓
View: city✓

Listed 5.5% above the median closed sale of $502,500. Price per sqft ($460) is a 32% premium to closed comps ($349). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $530K· $460/sqft
Total list price
Closed comps
vs closed median $503K
+$27K (+5.5%)
Active comps
vs active median $495K
+$35K (+7.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $242
+$219 (+90.5%)

Active Properties (2)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22742 PorterNuevo1977321,4407,405$318$458,0002577
26781 Water AvePerris1971543,00048,352$165$495,0006631
Total: 2 · Average4.03.02,22027,878.5$241.5$476,50045.5
Median3,000$495,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22730 MirilesteNuevo198905/20/2026321,3446,970$445,000$458,000$3411.038378
20930 WoodruffNuevo198611/18/2025321,44051,836$560,000$550,000$3820.986075
21925 Wine LaneNuevo202412/01/2025421,93021,925$570,000$580,000$3011.024565
28495 Roan Ranch RoadMenifee198612/04/2025321,34446,174$479,000$502,500$3741.053564
24363 BriggsMenifee197002/10/2026221,36854,450$475,000$472,000$3450.993852
Total: 5 · Average3.02.01,485.236,271$512,500$512,500$348.6—52.2
Median1,368$502,500$502,500

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.