7478 Via Montecito Riverside, CA 92506
Alessandro Heights NeighborhoodEstimated payment $4,930/month
Highlights
- City Lights View
- Cul-De-Sac
- Front Yard
- Secluded Lot
- Level Lot
About This Lot
ALESSANDRO HEIGHTS – **MONTECITO**Welcome to Riverside's premier gated community, an exclusive custom home enclave perched at the summit of Overlook Parkway. This exceptional homesite offers breathtaking 180-degree views, showcasing the rolling hills of the surrounding neighborhood, glittering city lights, and majestic mountain vistas. Spanning over an acre with a generously sized finished pad, this lot is ready for you to design and build the home of your dreams. All essential utilities are in place, including city sewer, water, electricity, gas, telephone, and cable TV. The community’s CCRs require a minimum of 4,000 square feet of living space, ensuring a neighborhood of stately residences. Surrounded by recently developed estates valued at over $6 million, this is a rare opportunity to craft your own private retreat in one of Riverside's most coveted hillside settings. Don’t miss your chance to create something truly extraordinary!
Listing Agent
COMPASS Brokerage Phone: 951-347-8832 License #01104973 Listed on: 12/16/2025
Property Details
Property Type
- Land
Lot Details
- 1.07 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Secluded Lot
- Corners Of The Lot Have Been Marked
- Irregular Lot
- Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned RC
HOA Fees
- $250 Monthly HOA Fees
Parking
- Level Lot
Property Views
- City Lights
- Hills
- Neighborhood
Home Design
- Planned Development
Location
- Suburban Location
Utilities
- Underground Utilities
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 31859
- Assessor Parcel Number 243210049
- $60 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Montecito Association, Phone Number (951) 347-8832
Recreation
- Exterior Lighting
- Rain Gutters
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 | $7,874 | $816,000 | $816,000 | -- |
| 2023 | $7,874 | $201,210 | $201,210 | -- |
| 2022 | $2,255 | $197,265 | $197,265 | $0 |
| 2021 | $2,236 | $193,398 | $193,398 | $0 |
| 2020 | $2,220 | $191,415 | $191,415 | $0 |
| 2019 | $2,179 | $187,662 | $187,662 | $0 |
| 2018 | $2,137 | $183,983 | $183,983 | $0 |
| 2017 | $2,100 | $180,376 | $180,376 | $0 |
| 2016 | $1,968 | $176,840 | $176,840 | $0 |
| 2015 | $1,941 | $174,185 | $174,185 | $0 |
| 2014 | $1,924 | $170,774 | $170,774 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $775,000 | -3.1% | -- | |
| 02/27/2024 02/27/24 | Sold | $800,000 | -5.4% | -- | View Prior Sale |
| 01/09/2024 01/09/24 | For Sale | $845,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,600,000 | Ticor Title | |
| Grant Deed | $1,500,000 | Chicago Title | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $2,112,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $900,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25276963
APN: 243-210-049
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Ask me questions while you tour the home.