Lake Mathews

Lake Mathews

Located in Riverside County

$357 Average Price per Sq Ft
3 Homes For Sale

A mountain community around Lake Mathews

Lake Mathews is a quiet mountain community located around Lake Mathews, a reservoir serving over a million people in Southern California. During the day here, residents can spend some time outside hiking and enjoying the sunny weather. While at night, they can observe the starry sky without light pollution clouding their views. To preserve the reservoir’s water quality and to ensure the preservation of wildlife, Lake Mathews and some of the surrounding land remain inaccessible, offering residents a remote lifestyle. Many are drawn to this neighborhood for its diverse home styles and picturesque views.

A secluded lifestyle and custom-built properties

Almost all the homes in Lake Mathews are custom-built and range from 2,000 to 4,000 square feet with a median sales price of $791,500. A custom, 2,000-square-foot ranch-style home can go for $800,000, while a custom, 4000-square-foot two-story home can sell for $1.8 million. Custom builds mean that the streets contour the landscape’s natural topography. Some houses cut into the hillside, offering panoramic lake and landscape views, while others sit on large 2-to-3-acre parcels. Styles range from contemporary properties with Tudor-inspired features to Spanish Revivals. Larry Robillard, an associate broker at Realty Masters and Associates with over thirty years of experience in the real estate market, says, “Homes here have a country feel to them. People can be in Southern California but feel like they’re out in the country.” Part of this feeling could be due to the fact that Lake Mathews doesn't have an abundance of streetlights, and many streets do not feature sidewalks. “It’s somewhat of an isolated community,” Robillard says. “To the north is Lake Mathews, and to the east is the Mathews Estelle Mountain Reserve. To the west is open space that will not be developed.” This secluded lifestyle offers locals private and expansive lots.

Spanish Revival properties are common in Lake Mathews.
Spanish Revival properties are common in Lake Mathews.
Locals can embrace luxury living in Lake Mathews' contemporary homes.
Locals can embrace luxury living in Lake Mathews' contemporary homes.
Lake Mathews residents enjoy views of the Mathews Estelle Mountain Reserve.
Lake Mathews residents enjoy views of the Mathews Estelle Mountain Reserve.
1/3

Swimming, birdwatching and picnicking among orange groves

Less than 18 miles from Lake Mathews sits Lake Perris State Recreation Area. Residents and visitors alike enjoy views of the distant rocky mountains while swimming in the lake’s cold water. Or they can enjoy other water-oriented activities like scuba diving and boating. Photographers love taking snapshots of the area’s blooming wildflowers, like the orange California poppies, while birdwatchers quietly wait to catch a glimpse of local wildlife. At Dos Lagos Park, visitors walk around a pond, spotting local wildlife as they enjoy the serene environment. California Citrus State Historic Park is another great outdoor spot. Only a 10-mile drive from Lake Mathews, this park is perfect for a picnic among the orange groves or for learning about the cultivation of citrus fruits in Southern California. Outdoor enthusiasts can even take a hike to explore the different citrus varieties.

Dos Lagos Park, a recreational space near Lake Mathews, offers paved pathways.
Dos Lagos Park, a recreational space near Lake Mathews, offers paved pathways.
Lake Mathews locals get some fresh air at Dos Lagos Park, also popular among pigeons.
Lake Mathews locals get some fresh air at Dos Lagos Park, also popular among pigeons.
1/2

Small markets and local eateries

Residents can pick up everyday essentials and grab a burrito at Lake Mathews General Store and Deli. Gavilan Hills Ranch Market also offers quick essentials, while Victoria Grove Produce Market is a hot spot for fresh fruits and vegetables. Or for breakfast-out, the family-owned Rodeo Café serves traditional American food with a Mexican twist every day of the week from 6 a.m. to 2 p.m. Restaurants like the Club 80’s Bar and Grill are perfect for those who love retro music. Hosting events like '80s and '90s dance parties, this club offers patrons a place to eat, drink and dance to their heart’s content.

Gavilan Hills Ranch Market, a small store near Lake Mathews, is perfect for quick essentials.
Gavilan Hills Ranch Market, a small store near Lake Mathews, is perfect for quick essentials.
Those in search of organic produce head to Lake Mathews' Victoria Grove Produce Market.
Those in search of organic produce head to Lake Mathews' Victoria Grove Produce Market.
1/2

Riverside Unified School District

Students here attend schools that are part of the Riverside Unified School District, like Lake Mathews Elementary School, a California Distinguished School; Frank Augustus Miller Middle, which has received multiple Models of Excellence awards; and Martin Luther King High School, recipient of The Golden Bell Award. With such notable accolades, it should come as no surprise that all three schools receive ratings of A-minus or higher from Niche.

Commutes and nearby major employers

Most Lake Mathews residents are car-dependent. Healthcare workers enjoy their proximity to the Riverside Community Hospital, which is around 20 miles away via Cajalco Road. Another major employer near Lake Mathews is Collins Aerospace, which is less than 20 miles away. Riverside is just 19 miles east via California 91. Those wanting to explore other cities head around 28 miles north via Interstate 15 to the Ontario International Airport.

Marianna Dionysiou
Written By
Marianna Dionysiou
Khiem Huynh
Photography Contributed By
Khiem Huynh
Khalil Chisholm
Video By
Khalil Chisholm

Interested in learning more about homes in this area? Reach out to Cheryl DeMarco, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Lake Mathews Housing Trends

Housing Trends

Median List Price
$992,448
Median Sale Price
$925,000
Median Single Family Sale Price
$1,050,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
26
Median Home Sale Price YoY Change
$9
Average Price Per Sq Ft
$357

Neighborhood Facts

Number of Homes for Sale
3
Months of Supply
1.40

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Lake Mathews Has More Owners

Demographics

Total Population
5,728
Median Age
41
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
19.5%
On par with the national average
19.1%

Finances

Median Household Income
$107,186
Significantly above the national average
$71,702
Average Household Income
$130,745

Education and Workforce

High School Graduates
89.7%
College Graduates
31.2%
Advanced Degrees
10%
On par with the national average
13.3%
% Population in Labor Force
56.9%
Below the national average
65.1%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Mathews
Cheryl DeMarco
ERA Brokers Consolidated (SLC)