$775,000

Estimated payment $4,954/month

Total Views 1,444
1.07 Acres
$724,299 Price per Acre
46,609 Sq Ft Lot

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

Brad Alewine

COMPASS Brokerage Phone: 951-347-8832 License #01104973 Listed on: 12/16/2025

COMPASS

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Current Use: Residential
  • Possible Use: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Montecito
  • View: Yes
  • Zoning: RC
  • Property Type: Land
  • Parcel Number: 243210049
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 16.63

Exterior Features

  • View: City Lights, Hills, Neighborhood

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Montecito
  • Phone: 951-347-8832
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corners Marked, Cul-De-Sac, Front Yard, Lot Over 40000 Sqft, Irregular Lot, Level, Secluded, Up Slope from Street, Walkstreet
  • Lot Size Sq Ft: 46609.00
  • Lot Size Acres: 1.0700

Multi Family

  • Lot Size Area: 46609.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 31859
  • TaxOtherAnnualAssessmentAmount: 60.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $0
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
Source: Public Records

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 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25276963

California Regional Multiple Listing Service (CRMLS)

APN: 243-210-049