3318 Celeste Dr, Riverside, CA 92507

Location, Location, Location! Rare opportunity to own a spacious 2,234 sq. ft. home in one of the most desirable neighborhoods adjacent to UC Riverside. Featuring 4 bedrooms and 4 bathrooms, this versatile property is ideal for owner-occupants, multi-generational living, student housing, or investors seeking strong rental potential in one of Riverside's most in-demand markets.The flexible floor plan includes two primary suites, one with its own private exterior entrance—perfect for extended family, guests, a home office, or the opportunity to generate additional rental income. Recent UpgradesHouse repiped (2021)New HVAC/air conditioning system (2022)Sewer pipe relining (2025)New dishwasher (2025)Inside, you'll find a welcoming formal living room with a cozy fireplace, a separate family room, and a generously sized kitchen with abundant cabinetry and counter space that opens to the main living areas—ideal for both everyday living and entertaining. A dedicated indoor laundry room adds convenience and functionality.Situated on an expansive 10,454 sq. ft. lot, the backyard offers endless possibilities to create your dream outdoor retreat, whether you envision a garden, entertaining space, play area, or future enhancements.The location is truly exceptional. Just a short walk to UC Riverside, this home is an outstanding option for families, parents purchasing for a student, or investors looking to capitalize on consistent rental demand. Convenient access to Interstate 60 and State Route 91 makes commuting throughout the Inland Empire quick and easy.Outdoor recreation is just minutes away, with the popular Box Springs Mountain "C" Trail and the beautiful UC Riverside Botanic Gardens nearby. You'll also enjoy close proximity to shopping, dining, parks, and the vibrant arts, entertainment, and restaurant scene in Downtown Riverside.Families will appreciate access to highly regarded schools, including Riverside STEM Academy, Harada Elementary School, University Heights Middle School, and North High School.Whether you're searching for a spacious forever home, housing for a UCR student, or a high-performing investment property, this exceptional residence delivers the perfect combination of location, flexibility, comfort, and long-term value. Click on the 360 prompt, take a virtual tour !