Lake Mathews Homes under $1.25 million

Welcome to Lake Mathews, a hidden gem nestled in Riverside County, California. This picturesque community is known for its stunning natural beauty, offering a serene escape from the hustle and bustle of city life. Surrounded by rolling hills and lush landscapes, Lake Mathews boasts a tranquil atmosphere that attracts nature lovers and outdoor enthusiasts alike. The area is home to the expansive Lake Mathews Reservoir, perfect for fishing, hiking, and enjoying breathtaking sunsets.

What makes Lake Mathews even more appealing is its diverse real estate market, where you can find charming homes under $1.25 million. These properties offer a unique blend of comfort and elegance, catering to families, retirees, and everyone in between. With spacious lots and beautiful views, many homes in this area provide the perfect backdrop for creating lasting memories. Imagine waking up to the gentle sounds of nature and sipping your morning coffee on a sunlit patio.

In addition to its scenic beauty, Lake Mathews is conveniently located near major highways, providing easy access to the vibrant cities of Riverside and Corona. Whether you're looking for a peaceful retreat or a family-friendly community, Lake Mathews has something for everyone. With its affordable housing options and a strong sense of community, this charming locale is the perfect place to call home.

Explore the possibilities of Lake Mathews today and discover the perfect property that fits your lifestyle—all within your budget of $1.25 million. Your dream home awaits in this enchanting corner of California!

Newest Lake Mathews Homes under $1.25 million

$944,475

4 Beds ⋅ 3 Baths ⋅ IV26206796 MLS ⋅ Active Status

Experience the space, privacy, and freedom of country living without giving up convenient access to the city. Tucked into the sought-after Lake Mathews foothills, this distinctive equestrian property offers an exceptional combination of panoramic views, thoughtfully designed horse amenities, and a custom home surrounded by usable land. Positioned on a spacious corner lot, the residence sits above the surrounding landscape, creating a private setting with sweeping vistas of the mountains, lake, hills, and distant city lights. Multiple outdoor areas allow you to take in the scenery throughout the day, from peaceful mornings to spectacular evening sunsets. For the equestrian enthusiast, the property is equipped to accommodate both horses and hobbies. The horse facilities are thoughtfully separated from the main residence and include stalls, a tack room, a dedicated second garage, a separate corral, and an expansive lighted arena designed with barrel racing in mind. The home itself offers an inviting blend of comfort and character. Vaulted ceilings, hardwood and ceramic tile flooring, French doors, and custom wrought-iron details create an open yet distinctive interior. Two wood-burning fireplaces—including one in the primary suite—add warmth and ambiance. The spacious primary bedroom takes full advantage of the setting with beautiful views, a large walk-in closet, and a private balcony where the city lights become part of the evening backdrop. A lower-level bedroom and full bathroom provide flexibility for guests, multigenerational living, or a private office space. Step outside and discover even more opportunities to enjoy the property. Front and rear balconies provide multiple vantage points for taking in the surrounding scenery, while a welcoming patio with a fountain creates a charming outdoor gathering space. Raised garden beds offer the opportunity to grow fresh herbs, vegetables, and flowers, while a dedicated chicken coop adds to the property's country-living appeal. Extensive fenced grounds and a detached storage shed provide additional space for animals, equipment, hobbies, and outdoor projects. All of this is set in a peaceful foothill environment that feels wonderfully removed from the hustle and bustle, while remaining conveniently close to Riverside and Corona. This is a property where the possibilities are as expansive as the views.

14740 Descanso Drive, Lake Mathews

$950,000

4 Beds ⋅ 2 Baths ⋅ OC26194140 MLS ⋅ Active Status

Immerse Yourself in Serenity! Ranch-Style Living with Breathtaking Views, Imagine waking up to panoramic water and mountain vistas from your stunning 4-bedroom ranch nestled in the tranquil hills above Lake Mathews. This 2.7-acre property offers the perfect blend of privacy and convenience, with easy access to I-15 and I-215 freeways. Embrace the California lifestyle on your expansive flagstone patio, surrounded by professional landscaping featuring decorative boulders and drought-tolerant plants. Citrus trees grace the property, offering a taste of the good life. Step inside to an open floor plan bathed in natural light. The chef's kitchen boasts ample counter and storage space, while beautiful custom tile flooring flows seamlessly throughout the home. Beat the summer heat with refreshing breezes wafting off Lake Mathews, or cozy up by the energy-efficient Lopi Pellet fireplace for cost-effective winter warmth. This entertainer's paradise offers a spacious outdoor area, perfect for hosting gatherings or simply soaking in the tranquility of nature. The property includes covered storage for your RV or boat, with additional space provided by a 20’x10’ shed. Don't miss this opportunity to own a piece of paradise! Contact us today for a private showing.

21798 Ridgedale Drive, Lake Mathews

$1,150,000

4 Beds ⋅ 4 Baths ⋅ IG26168499 MLS ⋅ Active Status

Welcome to Lake Mathews Estates. Picturesque home of timeless beauty, elegance, and tranquility, with a view of the Lake, mountains, and city lights. Leave the world behind, enter your private gate, and drive down your tree-lined driveway. Your home offers endless possibilities with 4 bedrooms and an additional 2 bedroom/office/flex rooms accommodating multigenerational families gathering and entertaining spaces, while enjoying spectacular views. Also, the 2.5 acres of the property has a flat pad approximately 250'x50' overlooking the views A home of high-quality design and architectural details, such as high-end flooring and crown moulding. Quality cabinetry, quartz countertops. The careful layout showcases the gorgeous views throughout, surrounded by windows that illuminate each room with natural light. You are greeted by an elegant porch that opens to a grand entrance, soaring ceiling with celestial windows, and a striking winding staircase. Near the entrance is a conveniently located Office/Flex/bedroom offering its own private outdoor entry. Adjacent to the grand entry is a separate cozy family room. Large open floor plan with cathedral ceilings consisting of your Living, dining, and kitchen, with wrap-around windows. The designer kitchen is thoughtfully laid out. Two pantries, one being a large walk-in, an extra-large island with ample storage, seating, and quartz countertops. Quality cabinetry offers ample storage and a custom hood over the stove with a pot filler. There is ample counter space, a farm sink, a coffee bar, and a separate wine bar with a wine chiller. The kitchen opens to a massive dining room, perfect for your family and those special occasions and holidays. Room for a breakfast nook and seating area. Expand your dining and gathering to the Lanai, with seating, dining, and a private bar. The Living room has a warm fireplace. The luxurious primary suite is on the first floor. A retreat to wake up to the exquisite views. It has a custom walk-in closet and private outdoor patio. The upper level consists of a junior on suite, a bed/flex room, and two other bedrooms, each with its own personal sink and storage, sharing a spacious bath. A special feature includes a convenient upstairs second laundry area! The home also includes a first-floor indoor laundry and a spacious three-car garage. The outdoors has a park-like gazebo area perfect for enjoying the top-of-the-world views! Only 10 minutes to Corona.

20948 Onaknoll Drive, Lake Mathews

$1,100,000

3 Beds ⋅ 5 Baths ⋅ IV26166032 MLS ⋅ Active Status

***BEAUTIFUL Single Story Custom Built Home on 2.06 Acres of USABLE Land with Horse Stables & Solar Panels (PAID OFF)*** This Custom Built Spanish Style Home is located in the Highly Desirable Community in Lake Mathews and is 3400 Sq. Ft., 3 Bedrooms (potential for 4 Bedroom), 5 Baths (3 full baths and two 1/2 Baths for a total of 5 Bathrooms, 3 Fireplaces, 3 Car Garage, 3 Stall Mare Hotel, Arenas, Tack & Hay Room, Two Steel Containers, Large and 27 SOLAR PANELS (Paid Off) providing Huge Savings. This is a HORSE ENTHUSIAST DREAM with Riding Trails right off your property and near a Horse Arena Complex and located in the Hills adjacent to Corona. Upon arriving there are shade trees, landscaping, and beautiful flowers in the spring with tons of Usable Land. Step inside to a stunning atrium that fills the home with natural light and serves as the centerpiece of the formal living room, formal dining room, and separate family room. The spacious kitchen offers abundant cabinetry and overlooks the family room and fireplace, creating an ideal space for entertaining. There are two separate dining areas and a wet bar along with 3 Fireplaces. The private primary suite features its own sitting area with fireplace, views of the atrium, a large walk-in closet, and a spacious bathroom with a soaking tub. Two additional oversized bedrooms share a full bath, while the convenient half bath is perfect for guests. Outside, enjoy an expansive covered patio with exposed wood beams and beautiful mountain views. Equestrian amenities include three covered mare stalls with outdoor runs and arenas, tack & hay room and two steel storage containers. The best part is the property also includes 27 SOLAR PANELS (PAID OFF) providing outstanding energy efficiency and low utility costs. With plenty of room to build a pool, spa, RV garage, guest house, barn, or additional amenities, this versatile property offers endless possibilities. Conveniently located near Dos Lagos, The Crossings at Corona, shopping, dining, and major freeways. Low tax rate and no HOA.

22801 Norbert Street, Lake Mathews

$750,000

3 Beds ⋅ 2 Baths ⋅ OC26138749 MLS ⋅ Active Status

Amazing Lake Mathews Views on 3.37 Acres! This three-bedroom, two-bath home offers breathtaking views of Lake Mathews and endless possibilities. The true value lies in the land, making it an exceptional opportunity for buyers seeking space, privacy, and potential. The expansive property provides ample room for a horse ranch, barn, corrals, workshop, garage, ADU(s), and more. The existing home offers plenty of potential for renovation and customization, while the acreage creates opportunities for a family compound, multi-generational living, or an income-producing property. Priced to attract the right buyer, this unique property is packed with possibilities and ready for your vision. Don't miss this rare opportunity to own acreage with stunning views and unlimited potential.

20831 Mandeville, Lake Mathews

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.