$144,000
$5K PRICE DROP

Estimated payment $928/month

Total Views 35,857
5.47 Acres
$26,325 Price per Acre
238,273 Sq Ft Lot

Highlights

  • Horse Property Unimproved
  • Lake View
  • Near a National Forest
  • El Cerrito Middle School Rated A-
  • 5.47 Acre Lot
  • No HOA

About This Lot

Panoramic Lake Mathews View Estate Land - 5.47 Acres - Development Work Included Welcome to the beautiful Lake Mathews.
This is a Prime Lake Mathews land with one of the best lake views in the area.
Great opportunity to own a large, 5.47 acre view lot in the heart of Lake Mathews. 180 degree unobstructed panorama lake views. Located on a quiet road, surrounded by newly built custom residencies. This is the largest property on this road. Preliminary engineering grading plans with computer 3D models, calculations and visualizations are included in the purchase. The plans include a 195 feet long driveway, a 115'x110' graded flat pad for a 4000 square feet house and a 4000 square feet garage to store cars, RVs, boats, motorcycles, or any of your toys. No restriction on build type: from luxury mansion through large custom home to a small home, prefabricated homes to mobile homes, Lake Mathews is developer friendly.
3D visualization of the entire land topography, digital models and data files are included with the sale. A second area is available for a second pad that can accommodate a pool and entertainment area, or a horse stable, or an ADU. Keep horses, dogs, or any farm animals, Lake Mathews is a welcoming place for animals.
The property is zoned R-A-2-1/2. Plenty of space for your dream home, toys, garage/shop, horses and sports facilities. Shopping center is close by, just 14 minutes away (Target, Kohl's, Best Buy, Petco), Restaurants, Planet Fitness, Banks, REGAL Movie complex, golfing. The property is located in the highly rated Corona-Norco Unified School District, elementary, middle and high schools are top rated. Easy access to the 15 and 91 freeways. This is a peaceful area with low tax rate. This land is a perfect opportunity for a large estate surrounded by preserved land and with 5.47 acres this property offers lasting privacy and unmatched natural beauty. The property includes several acres of gently sloping land between the planned home site and the neighboring property, helping ensure that your lake view remains permanently unobstructed. Enjoy the spectacular views of the lake and mountains.

Listing Agent

Justin Caudillo

HomeSmart Realty West Brokerage Phone: 951-203-1603 License #01842279 Listed on: 02/26/2026

HomeSmart Realty West

Co-Listing Agent

Adam DeCoste

HomeSmart Realty West Brokerage Phone: 951-203-1603 License #02332125

Property Details

Property Type

  • Land

Lot Details

  • 5.47 Acre Lot
  • Rural Setting
  • Property is zoned R-A-2 1/2

Property Views

  • Lake
  • Mountain
  • Hills
  • Valley

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • No Utilities
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Near a National Forest

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 2655
  • Assessor Parcel Number 286240017
  • $125 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

5.47 Acres

Listing Details

  • View: Yes
  • Zoning: R-A-2 1/2
  • Property Type: Land
  • Parcel Number: 286240017
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.60

Exterior Features

  • View: Mountain(s), Lake, Hills, Valley

Utilities

  • Utilities: None
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Blm/National Forest

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Horse Property Unimproved
  • Lot Size Sq Ft: 238273.00
  • Lot Size Acres: 5.4700
  • Latitude Manual: 33.80309200

Multi Family

  • Lot Size Area: 238273.0000 Square Feet

Tax Info

  • Tax Lot: 39
  • Tax Tract Number: 2655
  • TaxOtherAnnualAssessmentAmount: 125.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2026 07/15/26 Price Changed $144,000 -3.4% --
02/26/2026 02/26/26 For Sale $149,000 +86.3% --
07/03/2024 07/03/24 Sold $80,000 -11.0% -- View Prior Sale
06/06/2024 06/06/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $89,900 -5.4% --
04/29/2024 04/29/24 Price Changed $95,000 -4.0% --
03/16/2024 03/16/24 For Sale $99,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

About the Listing Agent

Justin Caudillo

HomeSmart Realty West

(951) 574-6749

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Justin is a reliable realtor in the Riverside County foothill and mountain communities of Aguanga, Anza, Mountain Center and Warner Springs. He also serves motivated buyers and sellers in the entire Southwest Riverside County area from Hemet to Temecula and Lake Elsinore. Justin is experienced in listing and selling of short sales, standard sale homes, bank owned properties, probate sales, mountain cabins, and ranch and horse properties.

Justin is also experienced in helping buyers find

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW26042902

California Regional Multiple Listing Service (CRMLS)
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