Opportunity awaits at 22960 Penasco Circle in Nuevo. This 4 bedroom, 2 bathroom home offers 1,989 square feet of living space on a 6,970 square foot lot and was built in 2003. With a functional single-story layout, spacious living areas, and a large kitchen that opens to the main living space, the home has solid bones and strong upside potential. The property is in cosmetic fixer condition and is ready for updates, making it ideal for an investor looking for their next project or an end user who wants to renovate and create value with their own vision. The backyard features a wide concrete patio and hillside backdrop, offering privacy and room to enhance outdoor living. With nearly 2,000 square feet, a two-car garage, and a desirable floor plan, this is a value-add opportunity in an established neighborhood with strong rental and resale demand. Bring your contractor and imagination. Call your Realtor to schedule a tour and make an offer today!
Property Details
Price:
$464,950
MLS #:
OC26041327
Status:
Pending
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Feb 26, 2026
Finished Sq Ft:
1,989
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
2003
See this Listing
Schools
School District:
Perris Union High
Interior
Bathrooms
2 Full Bathrooms
Cooling
CA
Heating
CF
Laundry Features
IN
Exterior
Community Features
SDW
Parking Spots
4
Financial
Map
Community
- Address22960 Penasco CR Nuevo CA
- CityNuevo
- CountyRiverside
- Zip Code92567
Market Summary
Current real estate data for Single Family in Nuevo as of Mar 11, 2026
23
Single Family Listed
41
Avg DOM
383
Avg $ / SqFt
$726,401
Avg List Price
Property Summary
- 22960 Penasco CR Nuevo CA is a Single Family for sale in Nuevo, CA, 92567. It is listed for $464,950 and features 3 beds, 2 baths, and has approximately 1,989 square feet of living space, and was originally constructed in 2003. The current price per square foot is $234. The average price per square foot for Single Family listings in Nuevo is $383. The average listing price for Single Family in Nuevo is $726,401.
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22960 Penasco CR
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