16039 PalominoMoreno Valley, CA 92551

Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 2,572 Sq. ft. | 0.20 Acres
$649,888 Active

16039 Palomino Overview

Time on Site:
127 days
Visits:
0

Rare opportunity to own a lake-access home in the highly sought-after Moreno Valley Ranch community. Situated on a premium lot with direct gated access to the lake, this spacious 4-bedroom, 3-bath residence offers scenic water views, a versatile floor plan, and incredible potential to personalize and make it your own. Inside, the home features a functional layout designed for flexibility and everyday comfort. The main level includes a bedroom and full bathroom, ideal for guests, multi-generational living, or a private office. The open-concept kitchen flows into the family room and dining area, creating a welcoming space for gatherings and daily living. Upstairs, a large loft provides endless possibilities for a media room, game room, workspace, or additional lounge area. The expansive primary suite captures peaceful lake views and offers ample space, a large en-suite bathroom, and a walk-in closet. Secondary bedrooms are generously sized with abundant natural light throughout the home. Step outside to a spacious backyard with private gated access leading directly to the lake and walking paths — a rare feature that creates a unique indoor-outdoor lifestyle opportunity. Enjoy morning walks by the water, sunset views, and the tranquility of lakeside living right from your backyard. Residents of Moreno Valley Ranch enjoy HOA amenities including pools, clubhouse, parks, fitness areas, walking trails, and recreational lake access. Conveniently located near Moreno Valley College (7-minute walk time), Kaiser Permanente, Riverside University Health System Medical Center (10-minute drive), shopping, dining, and major commuter routes. With its premium location, lake access, spacious layout, and opportunity to update to your personal style, this home offers exceptional potential in one of Moreno Valley’s most desirable communities.

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16039 Palomino Facts & Features

  • Type Single Family
  • Sq. ft. 2,572
  • Price/Sq.ft. $253
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Amenities: Call for Rules,Fire Pit,Barbecue,Picnic Area,Pool,Spa/Hot Tub
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Moreno Valley Ranch Community Associate
  • Association: Yes
  • Common Interest: None

School Information

  • School District: Moreno Valley Unified

Listing Information

  • Contingency: Seller will be doing a 1031 Exchange

Building Information

  • New Construction: No
  • Year Built: 2002

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 259 - Moreno Valley
  • Postal City: MORENO VALLEY

Community/Development

  • Community Features: Lake,Storm Drain(s),Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange,FHA,VA Loan
  • Parcel Number: 486470023
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet,See Remarks
  • Interior Features: Bedroom on Main Level,Loft,Walk-In Closet(s)
  • Laundry Features: Inside,In Garage
  • Levels: Two
  • Living Area: 2572.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Spa Features: Association
  • Spa: Yes
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage Faces Front,Garage
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Front Yard,Lawn,Street Level,Yard
  • Lot Size Acres: 0.2
  • Lot Size Area: 8712.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Lake,Lake Front

Building Exterior/Construction

  • Attached Garage: Yes
  • Patio And Porch Features: Front Porch
  • Property Attached: No
  • Structure Type: House

General Information

  • Fencing: See Remarks
  • Number Of Units Total: 1
  • Pool Features: Association
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected

16039 Palomino Neighborhood

Community

92551 (Moreno Valley) Demographics

30
Median Age
5,764
Population Density (per sq. mile)
20%
College Educated
$71,947
Estimated Median Income
5,241
Estimated Total Home Owners
2,502
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16039 Palomino Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16039 Palomino Market Data

Based on the last 30 days in this zip code

$544,925
Average List Price
$292
Average Price per Square Foot
19
Properties Sold
92
Average Days on Market
148
Properties for Sale
Calculations provided by Reliance Network

16039 Palomino History

Date Event Value Agent
5/22/2026Source: CRMLS Price Reduction
$649,888 -1.5%
2/23/2026Source: CRMLS Added to Database
February 23, 2026
Listing provided courtesy of Castra Realty, IncHEATHER RAMIREZ- MLS# IV26033398MLS ProviderContact Information: [email protected] - 951-384-0656
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