1238 Matterhorn, Riverside, California 92506, Riverside, 92506 - 5 bed, 4 bath
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Riverside, California 92506
This Stunning Modern Estate is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,352,238 Fair Market Value by 0.24%. Featuring a 2022 build date and an Excellent Condition Rating, this home offers a chef’s kitchen, solar panels, and a massive 1.2-acre lot. Located in the prestigious Alessandro Heights, it provides a sophisticated lifestyle with significant outdoor potential. This turnkey property is an ideal acquisition for discerning homeowners or luxury buyers seeking a modern, energy-efficient sanctuary in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1238 Matterhorn Subject | $1,349,000* List Price | 5 | 4 | 3,370 | $401 | - |
A 7774 Kingdom Sold | $1,595,000 | 4 | 5 | 3,901 | $409 | 0.8 mi |
B 7780 Solitude Court Pending | $1,279,000 List Price | 4 | 4 | 3,509 | $364 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is in mint condition and well within the <10-year age bracket. It features a modern chef's kitchen with quartz countertops, contemporary spa-like bathrooms, and updated energy-efficient systems including solar panels and a tankless water heater.
Built in 2022, this home features contemporary design elements like soaring ceilings, a chef's kitchen with quartz surfaces, and energy-efficient upgrades including solar panels and a tankless water heater.
Situated on over 1.2 acres, the property offers rare privacy and significant outdoor potential, already featuring a custom pavilion with a fireplace and ample space for a pool.
Located in the exclusive Hillcrest community of Alessandro Heights, the estate benefits from a high-demand luxury neighborhood known for its elegance and proximity to top-rated schools.
The property is subject to a $211 monthly association fee, which adds to the recurring ownership costs compared to other luxury estates in the area without HOA oversight.
The massive 52,934 sq. ft. lot demands substantial ongoing maintenance and significant capital investment to fully landscape or develop the remaining open space.
Nestled within the exclusive Hillcrest community of Alessandro Heights, this exceptional estate blends sophisticated design with modern luxury and everyday comfort. Built in 2022, this stunning home offers 5 bedrooms, 4 bathrooms and 3,370 square feet of thoughtfully designed living space on an expansive 52,934 sq. ft. lot. The open concept floor plan features soaring ceilings, a chef's kitchen with an oversized quartz island, stainless steel appliances, walk-in pantry, spacious loft and a luxurious primary suite with a spa inspired bath. Enjoy seamless indoor/outdoor living with a covered patio, custom outdoor pavilion with fireplace and plenty of room to add a pool. Energy efficient upgrades including solar panels and a tankless water heater. Located in one of Riverside's most sought after luxury neighborhoods, this exceptional home offers elegance, privacy and modern living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,370 | 1,723 |
| Lot Size | 52,934 | 8,712 |
| Price | $1.35M | $676.0K |
| Price per sq ft | $400 | $395 |
| Built year | 2022 | 1977 |
| HOA | $211.0 | $125 |
| Days on market | 12 | 58 |
Jul 10, 2026
$1,349,000
Initial Listing
Aug 10, 2022
$1,099,000
Public Record