7163 Miracle Mile, Riverside, CA 92506
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7163 Miracle Mile Riverside, CA 92506

$3,100,000 Sold Price as of 05/25/2023
  • 5 Beds
  • 5 Baths
  • 8,220 Sq.Ft.
Sold
$3,100,000 Sold Price as of 05/25/2023 Refinance Your Mortgage

Map preview of 7163 Miracle Mile, Riverside, CA 92506

Property Overview: 7163 Miracle Mile Riverside, CA has 5 bedrooms, 5 bathrooms, 8,220 living square feet and 88,862 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beyond your wildest dreams. VIEW VIEW VIEW. This estate is the ultimate entertainment and family home for the discriminating high-worth ownerIt is the perfect setting for family gatherings, philanthropic events, and memorable parties. Among the many desirable amenities of this home are a bar and game room, a stone-lined wine tasting cellar with 1,200 bottle storage, complete smart home automation, a theater room, plus a no-expense-spared outdoor space with a full kitchen, plasma television, bathroom, and stunning infinity pool. A sampling of the estate’s European handcrafted and imported details include a Murano glass chandelier, a 500 year-old fountain in the circular drive, and hand-painted tiles. Next week (by April 27), a full feature sheet and more exterior photography will be added to further delineate the many amenities that make this home an irreplaceable gem. Due to extraordinary early interest, this preliminary information is being released in advance of the full package.

Listed by THOMAS HARNESS | BRE #01257423 | RE/MAX HORIZON
Last checked: 5 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
88,862
HOA Dues
$118/mo
Year built
2009
Garage
4 Car
Property Type:
Single Family Home
Status
Sold
MLS#
IV23065434
City
Riverside
County
Riverside
Time on Site
338 days

Virtual Tour

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Property Details for 7163 Miracle Mile

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Master Bedroom, Gas, Gas Starter, Fire Pit, Great Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Nook
  • Flooring: Carpet, Stone
  • Bonus Room, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Game Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Workshop
Kitchen Information
  • Has Appliances
  • Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer
  • Butler's Pantry, Granite Counters, Kitchen Island, Pots & Pan Drawers, Utility sink, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 2
Interior Features
  • 2 Staircases, Bar, Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Home Automation System, Intercom, Pantry, Partially Furnished, Recessed Lighting, Storage, Vacuum Central, Wainscoting
  • Levels: Two
  • Window Features: Bay Window(s), Blinds, Custom Covering, Double Pane Windows, Drapes
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Door Features: Double Door Entry, French Doors, Sliding Doors
Exterior Features
Exterior Information
  • Roof: Tile
  • Barbecue Private, Lighting
  • Has Fence
  • Block, Excellent Condition, Masonry, Wrought Iron
  • Other Structures: Outbuilding
  • Has Spa
  • Spa Features: Private, Gunite, Heated, In Ground, Permits, Solar Heated
  • Has Sprinklers
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private, Diving Board, Filtered, Gunite, Heated, Gas Heat, In Ground, Infinity, Permits, Salt Water, Solar Heat
  • Concrete, Covered, Deck, Patio, Porch, Front Porch, Rear Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Auto Driveway Gate, Circular Driveway, Direct Garage Access, Driveway, Garage Faces Side, Garage - Two Door, Gated, RV Access/Parking, Workshop in Garage, Electric Vehicle Charging Station(s)
  • Has Attached Garage
  • 11*40
Lot Information
  • Lot Features: Front Yard, Garden, Landscaped, Lawn, Lot Over 40000 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, City Lights, Hills, Mountain(s), Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 243380028
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Hawden Meadows
  • Association Fee: $118 (Monthly)
  • Association Amenities: Controlled Access
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: Overlook to Miracle Mile gated entrance
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Storm Drains, Street Lights
View more facts & features

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Sale History for 7163 Miracle Mile

Last sold for $3,100,000 on May 25th, 2023
  • May, 2023

  • May 25, 2023

    Date

    Sold

    CRMLS: IV23065434

    $3,100,000

    Price

  • Apr 19, 2023

    Date

    Active

    CRMLS: IV23065434

    $3,000,000

    Price

  • November, 2006

  • Nov 16, 2006

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

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Tax History for 7163 Miracle Mile

Assessed Value (2020): $2,137,678
Year Land Value Improved Value Assessed Value
2020 $771,787 $1,365,891 $2,137,678

Home Value Compared to the Market

This property vs the competition

7163 Miracle Mile sold on May 25, 2023 for 344.44% higher than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $364.96 per/sqft which puts the price per square foot 2.15% lower than the current median sale per square foot for the city of Riverside.

About 7163 Miracle Mile

Detailed summary of property

7163 Miracle Mile is a single family home that recently sold in Riverside, CA 92506. This house offered 5 bedrooms, 5 bathrooms, roughly 8,220 living square feet, and sits on an approximately 88,862 square foot lot. 7163 Miracle Mile was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $3,100,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 344.44% higher than the current median priced home. Local homes that are currently for sale include 4172 Jameson Dr, 4186 Jameson Dr and 8382 Cottonwood Ave. This home does have a Homeowners Association and the monthly fee is $118 per month. While the average home in Riverside, CA is selling in 49 days, 7163 Miracle Mile has a days on market of 5 days. There are currently 656 homes for sale in the Riverside real estate market and 614 of them are single family homes while 36 of them are condos and 6 are townhomes. For more information on this home for sale at 7163 Miracle Mile Riverside, CA 92506 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 7163 Miracle Mile

Public county record property details
Beds
3
Baths
5
Year built
2009
Sq. Ft.
8,220
Lot Size
88,862
Stories
2
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
29
APN
243-380-028

The source for these homes facts are from public records.

92506 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$376
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
103
Median Sale to List Price %
100.01%
Avg Days on Market
31
Loan Type
Conventional (28%), FHA (28%), VA (0%), Cash (28%), Other (16%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.