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2812 Ivy, Riverside, CA 92506

$1.97M6bd · 5ba · 4,773 sqft
Lot 62,291 sqft•Single Family Residence•
Active
•34d on market•MLS# IV-26198138

Property Description

Perched atop a private knoll, "Rockledge" is a testament to Victorian grandeur and timeless romance. Originally commissioned in 1890 by Priestly Hall as a wedding gift for his fiancée, Anne, this three-story estate spans nearly 1.5 acres, commanding a breathtaking 180-degree panorama of the Downtown Riverside skyline and the rugged silhouette of Mount Rubidoux. The approach is nothing short of cinematic, as a massive circular driveway sweeps through the grounds, framed by the majestic canopy of irreplaceable old-growth trees that have stood sentry over the estate for over a century. The home’s exterior is defined by an expansive, 136-year-old veranda that encircles the main level, transitioning from a secluded hillside sanctuary to a dramatic overlook. From here, the view of what was once known as "Hall’s Addition to Riverside" unfolds below, offering a fresh perspective on the city’s history. Inside, the residence is a masterclass in Victorian sophistication; soaring plaster and tin ceilings, stained glass windows and lighting, paneled doors with rosette moldings, and ornate period hardware meet vibrant new wallpaper perfectly honoring the home’s heritage. The main level is designed for grand-scale entertaining, featuring formal living and dining rooms anchored by a wood-burning fireplace. This floor also hosts a refined office with built-in shelving, a full bath, a spacious bedroom, and a charming writing nook tucked away for quiet reflection. The upper level, artfully restored from its original attic space, features a primary suite with a private balcony and dual walk-in closets, alongside two additional guest bedrooms adorned with whimsical wallpaper and treetop views. The lower level seamlessly blends historic charm with modern utility, featuring a beautifully remodeled vintage-inspired kitchen with 8-burner Wolf™?range, a laundry room with GE™?front load washer/dryer, and a sun-drenched living space created from an enclosed second veranda and a fireproof "safe room" The grounds remain a botanical masterpiece, featuring formal English gardens and a summer house draped in creeping wisteria—the ideal setting for alfresco gatherings. The estate is completed by a detached two-car garage with a second-story ADU featuring a kitchenette and full bath. Offered for only the third time in its history, and featuring hundreds of thousands in recent system upgrades and high-end finishes, Rockledge stands as a rare landmark ready for its next chapter.

Features & Amenities

FeeBuilt 1892

Property Details

Land Type
Fee
Year Built
1892
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
22
Garage Spaces
2
Heating
Zoned, Central, Forced Air
Cooling
Central Air, Electric, Zoned
View
City Lights, Hills, Landmark, Mountain(s)
Flooring
Stone, Wood
Roof
Shingle, Composition
City
Riverside
Zip Code
92506
County
Riverside
Listed byCOMPASS, BRAD ALEWINE

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,936.11
Principal & Interest
Loan Amount
$1,572,000
Total Interest
$2,004,999
Total Payment Over 30 Years
$3,576,999
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

2812 Ivy, Riverside, CA 92506

Riverside · Single Family Residence

$1.97M
Luxury Tier
Beds
6
Baths
5
Sqft
4,773
Lot
1.43 ac
Year
1892
$/Sqft
$412
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 10.7% above the median closed sale of $1,775,000. Price per sqft ($412) is a 13% premium to closed comps ($365). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.97M· $412/sqft
Total list price
Closed comps
vs closed median $1.77M
+$190K (+10.7%)
Active comps
vs active median $2.19M
−$225K (−10.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $461
−$49 (−10.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6872 ChartwellRiverside1995555,30049,658$413$2.19M2481
689 Crystal MountainRiverside2010554,60078,843$478$2.20M11778
16282 Ginger CreekRiverside2021654,98640,946$431$2.15M5178
7190 Wyndham HillRiverside1991555,31543,560$544$2.89M13678
16176 Graceful CourtRiverside2007554,53940,511$438$1.99M10077
Total: 5 · Average5.25.04,94850,703.6$460.8$2.28M85.6
Median4,986$2.19M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7021 Wyndham HillRiverside199908/05/2026555,11057,499$2.30M$2.20M$4310.968184
7907 Horizon View DriveRiverside200408/11/2026665,09940,511$2.00M$1.85M$3630.933775
7535 Misty View PlRiverside200110/09/2026554,24239,204$1.75M$1.77M$4181.015474
13488 Gold Medal CourtRiverside201807/28/2026655,27022,216$1.80M$1.77M$3360.987670
17195 Compass DriveRiverside202008/28/2026655,27016,553$1.50M$1.45M$2750.974568
Total: 5 · Average5.65.24,998.235,196.6$1.81M$1.81M$364.6—58.6
Median5,110$1.77M$1.77M

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.