Lake Mathews Real Estate

Lake Mathews Real Estate

Welcome to Lake Mathews, a hidden gem nestled in the heart of Riverside County, California. This picturesque community is a perfect blend of natural beauty and suburban charm, offering a serene escape from the hustle and bustle of city life. Surrounded by rolling hills and stunning landscapes, Lake Mathews is particularly renowned for its namesake reservoir, which serves as a vital water source and a popular destination for outdoor enthusiasts.

The area boasts a unique mix of rural living and modern conveniences. With its spacious properties and expansive views, Lake Mathews is ideal for those seeking a tranquil lifestyle while still being just a short drive from the vibrant cities of Riverside and Corona. Residents enjoy a close-knit community atmosphere, where neighbors become friends and local events foster a sense of belonging.

Outdoor lovers will appreciate the abundance of recreational activities available. From hiking and biking along scenic trails to fishing and birdwatching at the lake, there’s no shortage of ways to connect with nature. The nearby Santa Ana River also provides opportunities for kayaking and paddleboarding, making it a perfect spot for weekend adventures.

Families will find Lake Mathews to be a welcoming environment, with access to reputable schools and parks. The area’s unique blend of rural charm and modern amenities makes it an attractive choice for those looking to settle down in a peaceful yet accessible location.

Whether you’re searching for a place to call home or a weekend retreat, Lake Mathews offers the perfect backdrop for a fulfilling lifestyle. Come explore the beauty and warmth of this enchanting community!

Newest Listings in Lake Mathews

$325,000
OC26197876 MLS ⋅ Active Status
EXCEPTIONAL 3.49-ACRE OPPORTUNITY in Lake Mathews with R-A (Residential Agricultural) zoning and a broad range of potential uses. This versatile parcel may be well suited for a CUSTOM SINGLE-FAMILY RESIDENCE, agricultural or hobby-farm use, greenhouse or crop cultivation, and other residential-agricultural concepts permitted under the zoning. Qualifying ACCESSORY RESIDENTIAL USES may also be possible, subject to applicable County and State requirements. The property offers substantial lot dimensions, a LARGE CONCEPTUAL BUILDABLE AREA, and flexibility for thoughtful site planning and future development. Additional uses may be available through further approvals or conditional-use permitting. An appealing opportunity for an OWNER-USER, BUILDER, DEVELOPER, or INVESTOR seeking a sizeable parcel with versatility, development potential, and LONG-TERM VALUE in the Lake Mathews area. Buyer to independently verify zoning, allowable uses, access, utilities, setbacks, development standards, and all permitting requirements with Riverside County and applicable agencies.

Lake Mathews, Lake Mathews
$990,000
4 Beds ⋅ 2 Baths ⋅ OC26194140 MLS ⋅ Active Status
Immerse Yourself in Serenity! Ranch-Style Living with Breathtaking Views, Imagine waking up to panoramic water and mountain vistas from your stunning 4-bedroom ranch nestled in the tranquil hills above Lake Mathews. This 2.7-acre property offers the perfect blend of privacy and convenience, with easy access to I-15 and I-215 freeways. Embrace the California lifestyle on your expansive flagstone patio, surrounded by professional landscaping featuring decorative boulders and drought-tolerant plants. Citrus trees grace the property, offering a taste of the good life. Step inside to an open floor plan bathed in natural light. The chef's kitchen boasts ample counter and storage space, while beautiful custom tile flooring flows seamlessly throughout the home. Beat the summer heat with refreshing breezes wafting off Lake Mathews, or cozy up by the energy-efficient Lopi Pellet fireplace for cost-effective winter warmth. This entertainer's paradise offers a spacious outdoor area, perfect for hosting gatherings or simply soaking in the tranquility of nature. The property includes covered storage for your RV or boat, with additional space provided by a 20’x10’ shed. Don't miss this opportunity to own a piece of paradise! Contact us today for a private showing.

21798 Ridgedale Drive, Lake Mathews
$1,150,000
4 Beds ⋅ 4 Baths ⋅ IG26168499 MLS ⋅ Active Status
Welcome to Lake Mathews Estates. Picturesque home of timeless beauty, elegance, and tranquility, with a view of the Lake, mountains, and city lights. Leave the world behind, enter your private gate, and drive down your tree-lined driveway. Your home offers endless possibilities with 4 bedrooms and an additional 2 bedroom/office/flex rooms accommodating multigenerational families gathering and entertaining spaces, while enjoying spectacular views. Also, the 2.5 acres of the property has a flat pad approximately 250'x50' overlooking the views A home of high-quality design and architectural details, such as high-end flooring and crown moulding. Quality cabinetry, quartz countertops. The careful layout showcases the gorgeous views throughout, surrounded by windows that illuminate each room with natural light. You are greeted by an elegant porch that opens to a grand entrance, soaring ceiling with celestial windows, and a striking winding staircase. Near the entrance is a conveniently located Office/Flex/bedroom offering its own private outdoor entry. Adjacent to the grand entry is a separate cozy family room. Large open floor plan with cathedral ceilings consisting of your Living, dining, and kitchen, with wrap-around windows. The designer kitchen is thoughtfully laid out. Two pantries, one being a large walk-in, an extra-large island with ample storage, seating, and quartz countertops. Quality cabinetry offers ample storage and a custom hood over the stove with a pot filler. There is ample counter space, a farm sink, a coffee bar, and a separate wine bar with a wine chiller. The kitchen opens to a massive dining room, perfect for your family and those special occasions and holidays. Room for a breakfast nook and seating area. Expand your dining and gathering to the Lanai, with seating, dining, and a private bar. The Living room has a warm fireplace. The luxurious primary suite is on the first floor. A retreat to wake up to the exquisite views. It has a custom walk-in closet and private outdoor patio. The upper level consists of a junior on suite, a bed/flex room, and two other bedrooms, each with its own personal sink and storage, sharing a spacious bath. A special feature includes a convenient upstairs second laundry area! The home also includes a first-floor indoor laundry and a spacious three-car garage. The outdoors has a park-like gazebo area perfect for enjoying the top-of-the-world views! Only 10 minutes to Corona.

20948 Onaknoll Drive, Lake Mathews
$437,000
PW26168234 MLS ⋅ Active Status
This is the gem of a lot that you have been looking for... Water main at the front gate, power pole waiting to start trenching for your new Dream Home.. Beautiful view of Lake Mathews.. Pad has already been established, side cut ready for RV parking.. Lower level with tree line and rock formations, reading, relaxation, sanctuary.. Or set up a hide away for guests.. Let your imagination and creativity run wild.. Come out and take a look.. You shall be Amazed...

20855 Villa Knoll Drive, Lake Mathews
$1,199,000
3 Beds ⋅ 5 Baths ⋅ IV26166032 MLS ⋅ Active Status
***BEAUTIFUL Single Story Custom Built Home on 2.06 Acres of USABLE Land with Horse Stables & Solar Panels (PAID OFF)*** This Custom Built Spanish Style Home is located in the Highly Desirable Community in Lake Mathews and is 3400 Sq. Ft., 3 Bedrooms, 3 Baths and two 1/2 Baths, 3 Fireplaces, 3 Car Garage, 3 Stall Mare Hotel, Arenas, Tack & Hay Room, Two Steel Containers, Large and 27 SOLAR PANELS (Paid Off) providing Huge Savings. This is a HORSE ENTHUSIAST DREAM with Riding Trails right off your property and near a Horse Arena Complex and located in the Hills adjacent to Corona. Upon arriving there are shade trees, landscaping, and beautiful flowers in the spring with tons of Usable Land. Step inside to a stunning atrium that fills the home with natural light and serves as the centerpiece of the formal living room, formal dining room, and separate family room. The spacious kitchen offers abundant cabinetry and overlooks the family room and fireplace, creating an ideal space for entertaining. There are two separate dining areas and a wet bar along with 3 Fireplaces. The private primary suite features its own sitting area with fireplace, views of the atrium, a large walk-in closet, and a spacious bathroom with a soaking tub. Two additional oversized bedrooms share a full bath, while the convenient half bath is perfect for guests. Outside, enjoy an expansive covered patio with exposed wood beams and beautiful mountain views. Equestrian amenities include three covered mare stalls with outdoor runs and arenas, tack & hay room and two steel storage containers. The best part is the property also includes 27 SOLAR PANELS (PAID OFF) providing outstanding energy efficiency and low utility costs. With plenty of room to build a pool, spa, RV garage, guest house, barn, or additional amenities, this versatile property offers endless possibilities. Conveniently located near Dos Lagos, The Crossings at Corona, shopping, dining, and major freeways. Low tax rate and no HOA.

22801 Norbert Street, Lake Mathews
$330,000
IV26160323 MLS ⋅ Active Status
OWNER FINANCING AVAILABLE. Nestled in the tranquil community of Lake Mathews, this 3.25 acre lot offers breathtaking lake views and is perfectly positioned on a peaceful cul-de-sac. Fully graded and ready for construction, the property comes equipped with an installed water meter, and the permit, design, and perk test for a septic system have already been paid for - saving valuable time and effort in the building process. Available with the sale are beautifully designed custom home plans, featuring nearly 3,400 square feet of living space, 3 spacious bedrooms, 3.5 bathrooms, and a generous 3-car garage. This is a rare opportunity to build your dream estate in a private, picturesque setting while still enjoying convenient access to major freeways, shopping and top rated schools. Please note that there is no home currently on the property.

20653 Mustang Court, Lake Mathews
$1,975,000
4 Beds ⋅ 4 Baths ⋅ IV26147941 MLS ⋅ Active Status
Prestigious Gavilan Hills legacy estate an extraordinary private 9.56 acre estate residence offering panoramic city lights, mountain and hillside views. This exceptional single story residence has been presented as a professionally designed luxury showcase home, reflecting timeless elegance, exceptional craftsmanship, and meticulous attention to detail. Every element has been thoughtfully curated with designer finishes and a complete collection of selected furnishings, artwork, and decor are optional in the sale. This remarkable residence features four bedrooms and four bathrooms, including two private ensuite. The open and inviting floor plan provides the perfect balance of comfort, privacy, and sophisticated entertaining. The extraordinary gourmet Kitchen features Thermador double refrigerators, Cafe double ovens, Cafe convection microwave, dual Cafe dishwashers, Custom Cabinetry, designer farm sink, and oversized leather finish quartzite island. The Butler's pantry showcases dual TCL wine chillers and a built in Miele coffee and espresso system, complemented by custom designer lighting throughout. The impressive great room serves as the focal point of the home, featuring a floor to ceiling, full slab leather finish quartzite fireplace surround, creating a dramatic and elegant gathering space. The luxurious primary suite offers a spacious walk in closet, spa inspired steam shower with individual controls, and separate soaking tub. Additional upgrades include white oak flooring, new designer carpet, custom paint, recessed lighting, and an elegant built in glass display cabinet at the entry. Modern conveniences include a whole home Halo water system and (leased) Tesla solar system with storage. The oversized 1,158 sqft. three car garage features premium insulated 9' garage doors and openers, epoxy flooring, LED lighting, and exceptional depth for oversized trucks, luxury SUVs, the list continues. Outdoor living includes front and rear California rooms, a luxurious swim spa, mature fruit trees, and private estate grounds. Plenty of room for the equestrian enthusiast with possible room to build an additional residence and guest home (buyer to verify feasibility and permitted uses with Riverside County). A rare offering where timeless luxury, country serenity, and resort inspired living come together to create one of Southern California's most extraordinary private legacy estates.

17641 Santa Rosa Mine Road, Lake Mathews
$699,000
IG26149119 MLS ⋅ Active Status
LAKE MATTHEWS AWESOME AREA AND AWESOME LOT READY FOR UILDING 1.5 TO 2 ACRES THAT HAS BEEN COMPLETELY GRADED AND READY FOR THE HOME WE ALREADY HAVE APPROVED PLANS FOR. Note plans will have to be upgraded. This lot has 2.75 acres almost 2 acres of it is graded and ready to build on and then there is another more than .75 acres that is ready for your private farm. Avocados, Citrus trees, berries, chickens, goats and anything else. GUESS WHAT THE LOT ALSO HAS A WELL DRILLED AND READY FOR THE PUMP AND OFF THE GRID.

14735 Descanso, Lake Mathews
$1,499,000
4 Beds ⋅ 5 Baths ⋅ SW26146463 MLS ⋅ Active Under Contract Status
A true private resort unlike anything available in Lake Mathews! Situated on 2.29 acres on one of the area's premier view lots with breathtaking panoramic views of Lake Mathews, this extraordinary estate features an approx. 2,560 sq. ft. 3-bedroom plus office/den main residence and an approx. 550 sq. ft. detached ADU/guest house, offering over 3,100 sq. ft. of combined living space. The remodeled interior showcases vaulted ceilings with exposed wood beams, a chef's kitchen with custom shaker cabinetry, quartz countertops, oversized island, premium stainless steel appliances, professional-grade gas range, designer hood, remodeled laundry room, and a spa-inspired primary bath with a custom walk-in tile shower and frameless glass enclosure. The detached ADU/guest house includes a bedroom, full bath, and kitchenette, making it ideal for multigenerational living, guest accommodations, rental income, or potential Airbnb use. The backyard is an entertainer's dream, highlighted by an approx. 80,000-gallon resort-style pool with an oversized elevated spa, waterfalls, Baja shelves, tanning ledges, illuminated water features, and dramatic fire bowls. The covered pavilion features a grand fireplace, built-in TV, refrigerator, serving bar, and lounge area overlooking the pool and lake. A custom BBQ station, multiple pergolas, covered outdoor dining, lake-view fire pit lounge, private courtyard with water feature, lush lawns, mature landscaping, walking paths, and a custom playground complete this incredible outdoor retreat. An approx. 20' x 70' detached workshop with gated access provides covered space for RVs, boats, collector cars, equipment, hobbies, or a home business. A second workshop, paid solar, Tesla EV charger, expansive concrete parking, and approx. one acre of flat usable land offer endless possibilities for toys, additional structures, equestrian amenities, or another ADU. Located in unincorporated Riverside County, this unique property offers potential for a short-term vacation rental (Airbnb), private retreats, reunions, and special events. Rarely does a property combine panoramic lake views, a detached ADU, resort-style amenities, massive workshop space, usable acreage, and unmatched entertaining into one unforgettable estate.

19950 Onaknoll, Lake Mathews
$750,000
3 Beds ⋅ 2 Baths ⋅ OC26138749 MLS ⋅ Active Status
Amazing Lake Mathews Views on 3.37 Acres! This three-bedroom, two-bath home offers breathtaking views of Lake Mathews and endless possibilities. The true value lies in the land, making it an exceptional opportunity for buyers seeking space, privacy, and potential. The expansive property provides ample room for a horse ranch, barn, corrals, workshop, garage, ADU(s), and more. The existing home offers plenty of potential for renovation and customization, while the acreage creates opportunities for a family compound, multi-generational living, or an income-producing property. Priced to attract the right buyer, this unique property is packed with possibilities and ready for your vision. Don't miss this rare opportunity to own acreage with stunning views and unlimited potential.

20831 Mandeville, Lake Mathews
$1,500,000
5 Beds ⋅ 3 Baths ⋅ IG26131108 MLS ⋅ Active Status
Set behind private gates and surrounded by panoramic views that stretch for miles, including sweeping vistas of Lake Mathews, this custom-built estate offers a rare combination of privacy, luxury, and rural beauty. Sunrise and sunset over gorgeous lake views become part of everyday life here, showcased effortlessly from nearly every room in the home. The 2.55-acre grounds are every bit as extraordinary as the home itself. A private vineyard and orchard paired with manicured grounds accented with custom statuary evokes the tranquility and exclusivity of a private resort. Step through the grand entry into a home that impresses at every turn. The living and dining room showcase dramatic cathedral ceilings, while the generously sized family room, centered around a modern fireplace, offers an inviting space for gathering with family and friends. Expansive windows fill the home with natural light while framing picturesque lake views from virtually every room. The updated and remodeled kitchen, featuring an expansive island, brings the same the same thoughtful design to daily living and to entertaining on a grand scale. The layout offers 5 oversized bedrooms and 3 full bathrooms. Two bedrooms on the main level provide exceptional versatility, easily accommodating guests or serving as a home office or library. The upper-level primary suite is a true retreat, featuring a separate vanity, an elegant sitting area, an oversized walk-in closet, and an expansive private balcony with sweeping lake and mountain views. Two additional bedrooms, each offering generous closet space and scenic vistas, complete the upper level, creating peaceful retreats above the home's main living areas. An oversized 3 car garage with ample space for recreational vehicles make this estate as practical as it is beautiful. Included with the sale is a custom utility vehicle, providing effortless transportation from the garage level to the main floor via the home's side access ramp. Storage is never an issue thanks to abundant space throughout. From the vineyard and orchard to the gated grounds and grand entrance, this exceptional estate has been thoughtfully designed for those who expect the extraordinary. Schedule your private tour today and experience this estate for yourself.

20881 Mandeville, Lake Mathews
$2,100,000
5 Beds ⋅ 7 Baths ⋅ IG26099205 MLS ⋅ Active Status
Nestled within the prestigious Lake Mathews/Gavilan Hills community, this gated custom single-story estate is being offered for the very first time by its original owners. Thoughtfully designed with quality, comfort, and entertaining in mind, this exceptional property offers luxury, privacy, and endless possibilities across 4.89 fully fenced acres with no HOA. The main residence spans approximately 4,876 sqft and features 4 bedrooms, 5.5 bathrooms, plus a possible 5th bedroom or office with built-in Murphy bed. A detached casita/pool room with bathroom adds flexibility for guests or entertaining. Car enthusiasts will appreciate the impressive 7-car garage capacity, plus additional garage space attached to the ADU. The approximately 450 sqft ADU includes its own private 3-car garage. Upgrades throughout include two solar systems, 3 Enphase batteries, Generac 22kw backup generator, dual 5-ton AC units, zoned HVAC, Tesla wall charger, radiant barrier roofing, insulated garage doors, central vacuum system, intercom, built-in speakers, hard-wired alarm system, and Jeld-Wen aluminum windows and doors. The gourmet kitchen is designed for entertaining with built-in Thermador appliances, concrete countertops, butcher block island, Perlick beverage refrigerator with beer taps and keg storage, built-in ice maker, and climate-controlled wine room. A second Perlick refrigerator in the pool room enhances the seamless indoor-outdoor entertaining experience. Outdoor living is a true highlight with a sparkling pool and spa, expansive covered patios, basketball court, and breathtaking panoramic views. Two private electric gated entrances provide both security and convenience, while the fully usable acreage offers ample space for horses, RV parking, additional structures, or future expansion. The property also includes approved plans for an additional 2,532 sqft home with a 1,088 sqft 3-car garage and separate septic system shared with the ADU, creating exceptional compound potential. Additional highlights include 3 fireplaces, including a Napoleon NZ6000 wood-burning fireplace with blower, custom window coverings throughout, owned propane tanks servicing the pool and back house, and extensive built-in infrastructure designed for comfort, efficiency, and long-term reliability. Zoned RA5 Residential Agricultural, this truly rare estate combines luxury living, privacy, and future potential in one extraordinary property.

16420 Rocky Glen Road, Lake Mathews
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.