28
Map
$818,585
●
House -
For Sale
297 Grand Sky Lane
Perris, CA 92570
5 Beds
3 Baths,
1
Half Bath
4,134 Ft²
$4,118
Est. Monthly
$98
HOA / Fees
About This Property
NEW CONSTRUCTION! Includes Upgraded Flooring! This two-story Next
Gen® home features a private suite with a separate entrance, living
area, kitchenette and bedroom, ideal for multigenerational
households. The first floor is host to an open-concept floorplan
shared between the kitchen, living and dining areas. A spacious and
flexible loft can be found upstairs, with three secondary bedrooms
tucked away to the side. The luxurious owner's suite is nestled
into a private corner, complete with an en-suite bathroom, walk-in
closet and retreat. The new home will include a refrigerator,
washer, & dryer.
Amber Ridge is a new collection bringing brand-new single-family homes to the Green Valley Ranch masterplan, now selling in Perris, CA. The community offers large homesites and fantastic onsite amenities, with select plans featuring Lennar's Next Gen® home design. Local attractions including Lake Perris, the Railway Museum and the Perris Speedway offer ample recreation and entertainment options. Proximity to the 215 and 74 freeways helps to simplify everyday commutes and travel.
Amber Ridge is a new collection bringing brand-new single-family homes to the Green Valley Ranch masterplan, now selling in Perris, CA. The community offers large homesites and fantastic onsite amenities, with select plans featuring Lennar's Next Gen® home design. Local attractions including Lake Perris, the Railway Museum and the Perris Speedway offer ample recreation and entertainment options. Proximity to the 215 and 74 freeways helps to simplify everyday commutes and travel.
Unit Size
4,134 Ft²
Days on Market
22 days
Land Size
0.15 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
$98
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 22 days ago (CRMLS #SW26220556)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Listed by Century 21 Masters | $818,585 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Driveway, Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Granite Counters, In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), SeparateFormalDiningRoom, BedroomOnMainLevel, Loft, WalkInPantry
Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry Features: Inside, Laundry Room
Fireplace Features: None
Exterior Details
Square Footage: 4134
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Turnkey
Year Built Source: Builder
Year Built: 2026
Builder Name: Lennar
Builder Model: 3
Levels: Two
Construction Materials: Frame, Stucco
Patio and Porch Features: Porch
Pool Features: None
Lot Features: Front Yard, SprinklerSystem
Lot Size Area: 6604
Lot Size Units: Square Feet
Lot Size Acres: 0.1516
Lot Size Square Feet: 6604
Tax Lot: 41
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Sport Court, Picnic Area, Playground
HOA Fee: $98
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Perris
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Listed by: Todd Myatt, Century 21 Masters
Last Updated: 22 days ago
Data Source: CRMLS, MLS# SW26220556
Last Updated: 22 days ago
Data Source: CRMLS, MLS# SW26220556
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