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INCREDIBLE VALUE IN ONE OF RIVERSIDE’S MOST DESIRABLE LOCATIONS! Imagine owning a nearly 2,200-square-foot home for the price of a house half its size, surrounded by neighborhoods where million-dollar homes are the norm! Tucked into a fantastic location between Canyon Crest, Alessandro Heights and Hillcrest, this spacious four-bedroom, 2.5-bath townhome presents an exceptional opportunity to enjoy more space, an outstanding location and an incredible value. Lovingly cared for by longtime art collectors, the home offers a distinctive sense of character and warmth, with thoughtful finishes and beautifully remodeled, high-end bathrooms. The generous floor plan feels more like a single-family residence, featuring spacious living areas and a large main-level bedroom currently configured as an office, along with a convenient powder room. Upstairs, the exceptionally spacious primary suite is a true retreat, featuring a dramatic vaulted ceiling and a beautifully remodeled en-suite bath with dual sinks, a soaking tub and separate walk-in shower. Additional highlights include a newer HVAC system, water softener and an installed stair lift, offering an added accessibility feature for those with mobility considerations. Step outside to your private rear patio, where mature specimen eucalyptus and pepper trees create a peaceful backdrop, beautiful views and a wonderful sense of privacy. Best of all, enjoy an exceptionally low-maintenance lifestyle, with landscaping and the building exterior maintained by the HOA. The private community also features a pool and spa. Ideally situated near highly regarded schools, Canyon Crest Towne Centre, Mission Grove Shopping Center, dining, shopping and everyday conveniences, this location is hard to beat. Where else can you find nearly 2,200 square feet of living space at a price comparable to homes half the size, in an area surrounded by million-dollar properties? At 440 Ellesmere Drive, you don't have to compromise on space or location to enjoy exceptional value. Don't miss this opportunity to own more home for your money in one of Riverside's most sought-after areas!

Highlights

  • Residential
  • Townhouse
  • Built in 1978
  • 0.0351 Acre Lot
  • $400/mo HOA
  • 2 Car Garage
  • 22 days on Market

  • Bedrooms
    4
  • Bathrooms
    2 full · 1 half
  • Year Built
    1978
  • Stories
    2.0
  • Architectural Style
    Mediterranean
  • Garage Spaces
    2.0
  • Parking Features
    Garage, Direct Access
  • Living Area
    2188.0
  • Interior Features
    Bar, High Ceilings, Open Floorplan, Ceiling Fans, Track Lighting, Bedroom On Main Level, Walk In Pantry
  • Appliances
    Dishwasher, Microwave, Washer, Gas Oven, Water Softener, Electric Cooktop
  • Pool Features
    Community, Association
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.0351
  • View
    Mountains

  • Area
    252 - Riverside
  • County
    Riverside
  • City
    Riverside
  • Zip Code
    92506
  • High School
    Polytechnic

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Frequently Asked Questions

How do I schedule a tour of 440 Elsmere?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 440 Elsmere.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 440 Elsmere?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $550,000. We can talk through recent upgrades, potential seller motivation, how this townhouse compares to others in Riverside, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 440 Elsmere?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 440 Elsmere at around $3,130. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 440 Elsmere?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Riverside County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 440 Elsmere?

In most cases, yes. Whether 440 Elsmere is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Riverside's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 440 Elsmere?

We can handle that for you. Our preferred local agent specializes in residentials in Riverside and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $550,000 with 2,188 sqft of space—that comes out to approximately $251 per square foot.

How long has this property been on the market?

440 Elsmere was listed on October 23, 2026, which means it's been on the market for 22 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1978, making it approximately 48 years old.

What is the lot size of this property?

440 Elsmere sits on a 0.04-acre lot, which is 1,742 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • High: Polytechnic

Want to see how these schools compare? Check out our Riverside County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $400 paid monthly.

This covers access to community features including: Picnic Area, Pool, Barbecue, Spa Hot Tub, Call For Rules.

Is 440 Elsmere still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 14, 2026 at 06:57PM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 14, 2026 at 06:57PM | Source: California Regional Multiple Listing Service | MLS#: IV26229938