Why Live in Lake Mathews
Lake Mathews, CA, is a serene mountain community centered around the Lake Mathews reservoir, providing a remote lifestyle with custom-built homes ranging from 2,000 to 4,000 square feet. The area features diverse home styles, including contemporary properties with Tudor-inspired features and Spanish Revivals, often situated on large 2-to-3-acre parcels. The community's seclusion is enhanced by the lack of streetlights and sidewalks, with the Mathews Estelle Mountain Reserve to the east and undeveloped open space to the west. Residents enjoy outdoor activities such as hiking, birdwatching, and picnicking at nearby attractions like Lake Perris State Recreation Area and California Citrus State Historic Park, which is just 10 miles away. For daily needs, locals frequent small markets like Lake Mathews General Store and Deli, and enjoy dining at spots like the family-owned Rodeo Café and Club 80’s Bar and Grill. The Riverside Unified School District serves the community with highly rated schools, including Lake Mathews Elementary School, Frank Augustus Miller Middle, and Martin Luther King High School. While most residents rely on cars for commuting, major employers such as Riverside Community Hospital and Collins Aerospace are within a 20-mile radius. Riverside is 19 miles east, and Ontario International Airport is 28 miles north, providing additional connectivity.
Home Trends in Lake Mathews, CA
On average, homes in Lake Mathews, CA sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Mathews, CA over the last 12 months is $1,250,000, up 43% from the median home sale price over the previous 12 months.
Median Sale Price
$1,250,000
Median Single Family Sale Price
$1,157,000
Average Price Per Sq Ft
$312
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$1,299,999
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
43%