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23841 Piedras, Lake Mathews, CA 92570

$1.60M7bd · 4ba · 4,070 sqft
Lot 83,200 sqft•HOA $60/mo•Single Family Residence•
Active
•11d on market•MLS# OC-26096927

Property Description

Motivated Seller *** Discover an exceptional Lake Mathews retreat where acreage, versatility, privacy, and resort-style living come together on approximately 1.91 acres. Offering approximately 4,070 sq. ft. of living space, this distinctive property features 7 bedrooms and 4 full bathrooms, including a spacious 5-bedroom, 3-bath main residence plus a separate 2-bedroom, 1-bath casita/guest house—an outstanding configuration for guests, extended living, a private office, or flexible-use space. A significant advantage of this property is the substantial investment already made in key systems and finishes. Improvements include work to the roof, HVAC, electrical, plumbing, pool equipment, and flooring, along with a recently planted front lawn that enhances the property's curb appeal. These meaningful upgrades reflect attentive ownership and may help reduce some of the immediate improvement and maintenance considerations buyers often encounter when purchasing an acreage property. Designed for both relaxation and recreation, the outdoor setting is highlighted by a heated saltwater pool and spa, expansive usable grounds, and panoramic views of the surrounding mountains and neighborhood. Whether enjoying quiet mornings poolside, entertaining guests, or simply appreciating the open landscape, the property offers an environment designed to maximize Southern California indoor-outdoor living. Adding exceptional versatility is an approximately 45' x 45' metal storage building with approximately 14' clearance, providing substantial room for vehicles, equipment, recreational gear, workshop use, or additional storage. For RV enthusiasts, the property also includes three dedicated RV electrical and water hookups, creating uncommon flexibility for recreational vehicles and outdoor pursuits. Located within an equestrian-oriented community with access to horse trails and arena facilities, this property offers the opportunity to enjoy spacious country-style living while remaining conveniently connected to surrounding Southern California communities. Nearly two acres. Separate casita. Resort-style pool and spa. Major property improvements. Exceptional RV and storage capabilities. Equestrian-oriented surroundings. One remarkable opportunity.

Features & Amenities

FeeBuilt 2004

Property Details

Land Type
Fee
Year Built
2004
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air, Evaporative Cooling
View
Mountain(s), Trees/Woods
Roof
Clay
City
Lake Mathews
Zip Code
92570
County
Riverside
Listed byNorman A. Quintero, Broker, Norman Quintero

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,085.41
Principal & Interest
Loan Amount
$1,279,200
Total Interest
$1,631,549
Total Payment Over 30 Years
$2,910,749
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 1 active · 5 closed

23841 Piedras, Lake Mathews, CA 92570

Lake Mathews · Single Family Residence

$1.60M
Luxury Tier
Beds
7
Baths
4
Sqft
4,070
Lot
1.91 ac
Year
2004
$/Sqft
$393
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 10.3% above the median closed sale of $1,450,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.60M· $393/sqft
Total list price
Closed comps
vs closed median $1.45M
+$149K (+10.3%)
Active comps
vs active median $1.80M
−$201K (−11.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,616
−$2K (−85.0%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17751 Lake MathewsPerris1931216881,321,175$2,616$1.80M22020
Total: 1 · Average2.01.06881,321,175$2,616$1.80M220
Median688$1.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23673 Kiowa CourtPerris200406/23/2026543,27283,200$1.40M$1.36M$4160.972589
17325 High Country CircleLake Mathews199304/30/2026543,98497,139$1.75M$1.70M$4270.974583
17320 High Country CircleLake Mathews200009/15/2026563,805104,980$1.50M$1.47M$3850.985272
23535 Hawkeye RoadPerris200511/21/2025744,570217,800$1.50M$1.45M$3170.9723865
17076 Birds EyePerris200302/03/2026654,580102,802$1.45M$1.40M$3060.977164
Total: 5 · Average5.64.64,042.2121,184.2$1.48M$1.48M$370.2—86.2
Median3,984$1.45M$1.45M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.