16394 Village Meadow Dr Riverside, CA 92503
Lake Hills/Victoria Grove NeighborhoodEstimated payment $8,522/month
Highlights
- Koi Pond
- Cabana
- City Lights View
- 24-Hour Security
- Primary Bedroom Suite
- 3-minute walk to Lake Hills Reserve Park
About This Home
Welcome to your dream home in the highly coveted Lake Hills Reserve community! This exceptional and versatile 4-bedroom, 3.5-bathroom residence is thoughtfully designed to accommodate multigenerational living, providing the perfect blend of comfort, space, and convenience. As you enter, you are greeted by a spacious and inviting floor plan that seamlessly connects the living, dining, and kitchen areas. The heart of the home is the well-appointed kitchen, equipped with modern appliances, ample counter space, and a generous island—ideal for culinary creations and casual dining. The versatile layout promotes togetherness while allowing for easy entertaining. The primary bedroom is conveniently located on the main level, providing a private retreat with a cozy fireplace, dual walk-in closets, an en-suite bathroom featuring dual vanities, a jetted tub and a separate shower. This thoughtful design ensures comfort and accessibility for all family members, while three additional bedrooms (one junior suite), a loft and two bathrooms upstairs offer plenty of space for guests or family members. A few other amenities and upgrades include 34 solar panels (not a lease), a Tesla charger, extensive limestone flooring throughout, crown molding, designer built-ins and a newer water heater. Step outside to your private backyard oasis set on a .35-acre lot, where you can take in the stunning views and enjoy outdoor living. The extensive hardscape and grounds include a peaceful pond and waterfall, numerous fruit trees, a pergola that is the perfect setting for alfresco dining while gazing at the stunning city light views, a cozy firepit that is the perfect solution for chilly evenings under the stars and a sleek built-in barbeque. There is plenty of room to add a pool, yet Lake Hills Reserve also offers a facility that features a pool, an outdoor barbeque area, large grass area and a playground. This home is just minutes away from the 91 Freeway, top-rated schools, parks, and recreational facilities, making it an ideal location for families and commuters. Enjoy the convenience of nearby shopping and dining while sitting high on the hill in a peaceful, picturesque setting. Don’t miss this opportunity to make this remarkable property your own!
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 951-217-2220 License #01096446 Listed on: 02/27/2025

Co-Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 951-217-2220 License #02111253
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,129
Year Built
- Built in 2006
Lot Details
- 0.35 Acre Lot
- Property fronts a county road
- South Facing Home
- Wrought Iron Fence
- Wood Fence
- Landscaped
- Sprinkler System
- Private Yard
- Lawn
- Back Yard
- Density is up to 1 Unit/Acre
- Property is zoned R-1-15000
HOA Fees
- $180 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway
Property Views
- City Lights
- Mountain
- Hills
Home Design
- Spanish Architecture
- Entry on the 1st floor
- Turnkey
- Planned Development
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 4,490 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Two Way Fireplace
- See Through Fireplace
- Double Pane Windows
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Loft
- Bonus Room
- Game Room
- Storage
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Convection Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Granite Countertops
- Tile Countertops
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- Retreat
- 4 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Multiple Shower Heads
- Separate Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Cabana
- In Ground Pool
- Gunite Pool
Outdoor Features
- Covered Patio or Porch
- Koi Pond
- Gazebo
- Outdoor Grill
Location
- Property is near a clubhouse
Schools
- Lake Hills Elementary School
- Villegas Middle School
- Hillcrest High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 62
- Tax Tract Number 28815
- Assessor Parcel Number 140330003
- $3,042 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Lake Hills Reserve Association, Phone Number (951) 557-8778
- Avalon Management HOA
- Maintained Community
- Electric Vehicle Charging Station
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Park
Security
- 24-Hour Security
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $17,129 | $1,183,246 | $143,263 | $1,039,983 |
2023 | $17,129 | $1,137,300 | $137,700 | $999,600 |
2022 | $9,590 | $533,918 | $212,351 | $321,567 |
2021 | $9,429 | $523,450 | $208,188 | $315,262 |
2020 | $9,353 | $518,084 | $206,054 | $312,030 |
2019 | $9,275 | $507,926 | $202,014 | $305,912 |
2018 | $9,195 | $497,967 | $198,054 | $299,913 |
2017 | $9,079 | $488,204 | $194,171 | $294,033 |
2016 | $9,104 | $478,632 | $190,364 | $288,268 |
2015 | $9,020 | $471,444 | $187,505 | $283,939 |
2014 | $9,007 | $462,211 | $183,833 | $278,378 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2025 06/26/25 | Price Changed | $1,298,000 | -3.9% | $289 / Sq Ft |
04/24/2025 04/24/25 | Price Changed | $1,350,888 | -2.7% | $301 / Sq Ft |
03/24/2025 03/24/25 | Price Changed | $1,388,000 | -0.9% | $309 / Sq Ft |
02/27/2025 02/27/25 | For Sale | $1,400,000 | +25.6% | $312 / Sq Ft |
05/13/2022 05/13/22 | Sold | $1,115,000 | +2.5% | $248 / Sq Ft |
04/12/2022 04/12/22 | Pending | -- | -- | -- |
04/06/2022 04/06/22 | For Sale | $1,088,000 | -2.4% | $242 / Sq Ft |
04/06/2022 04/06/22 | Off Market | $1,115,000 | -- | -- |
03/30/2022 03/30/22 | For Sale | $1,088,000 | -- | $242 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $440,000 | Fnt Ie | |
Trustee Deed | $409,980 | Accommodation | |
Grant Deed | $790,000 | Landamerica Developer Servic |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $374,000 | Purchase Money Mortgage | |
Previous Owner | $632,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25041457

APN: 140-330-003
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