16395 Ridge Field, Riverside, California 92503, Riverside, 92503 - 5 bed, 4 bath
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Riverside, California 92503
This Designer-Updated Luxury Residence is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,129,635 Fair Market Value by 7%. This valuation gap offers $79,635 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a Bogner saltwater pool, quartz gourmet kitchen, and panoramic mountain views. Located within walking distance of the 8-rated Lake Hills Elementary, it perfectly balances high-end lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a premium asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16395 Ridge Field Subject | $1,050,000* List Price | 5 | 4 | 4,094 | $278 | - |
A 16959 Broken Rock Court Sold | $865,000 | 4 | 4 | 3,517 | $246 | 0.3 mi |
B 16180 Angel Canyon Sold | $960,000 | 4 | 4 | 3,450 | $278 | 0.3 mi |
C 16696 S Peak Court Sold | $1,000,000 | 4 | 4 | 4,496 | $222 | 0.6 mi |
D 16154 Skyridge Drive Sold | $975,000 | 5 | 4 | 4,094 | $238 | 0.3 mi |
E 16423 Village Meadow Drive Sold | $1,195,000 | 5 | 5 | 4,895 | $244 | 0.3 mi |
F 18338 Lakepointe Drive Sold | $1,081,000 | 4 | 4 | 5,074 | $213 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2006, this property has undergone extensive recent designer renovations that align with 'excellent' criteria. The interior features a fully updated gourmet kitchen with modern cabinetry and quartz countertops, and the primary bathroom has been completely remodeled with high-end marble finishes, a standalone soaking tub, and a frameless glass shower. The home boasts new wide-plank flooring, contemporary light fixtures, and a resort-style backyard with a premium saltwater pool and built-in BBQ, showing no signs of deferred maintenance.
The property features a premium Bogner saltwater pool and spa, dual fire pits, and a built-in BBQ, creating a high-end outdoor oasis for entertaining.
With over 4,000 square feet and a full bedroom and bathroom on the first floor, the layout is ideal for multi-generational families or hosting guests.
Situated in the exclusive Lake Hills Reserve, the home offers panoramic mountaintop views and is within walking distance of a highly-rated elementary school.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The tandem garage configuration may be less convenient for daily vehicle access compared to a standard side-by-side multi-car garage.
A monthly association fee of $205 adds to the ongoing cost of ownership, which may impact the overall affordability for some buyers.
Welcome to luxury mountaintop living in the exclusive Lake Hills Reserve community! This designer-updated 5-bedroom, 4-bathroom residence offers resort-style living with a highly desirable layout featuring a full bedroom and bathroom on the first level, ideal for guests or multi-generational living. The main living areas boast soaring ceilings, while the gourmet kitchen showcases a center island, walk-in pantry, and ample storage. On the second floor, the private primary suite is separated from the other generously sized bedrooms and includes a retreat area, balcony with panoramic views, spa-inspired bath with soaking tub and walk-in shower, elegant quartz and marble finishes, and his-and-hers closets. The entertainer's backyard is beautifully designed with a Bogner saltwater pool and spa, built-in BBQ, and dual fire pits, perfect for both entertaining and everyday enjoyment. An extra-long driveway and tandem garage complete this exceptional home. Enjoy walking distance to Lake Hills Elementary School and HOA amenities including a private residents' club with pool, playground, and open-air fireplace, plus hiking trails, stunning sunsets, and mountaintop serenity—all while being conveniently close to Riverside's amenities. A must-see home that truly needs to be experienced in person to appreciate.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 4,094 | 1,642 | 96% |
| Lot Size | 12,632 | 7,841 | 79% |
| Price | $1.05M | $662.5K | 90% |
| Price per sq ft | $256 | $390 | 8% |
| Built year | 2006 | 1986 | 79% |
| HOA | $205.0 | $0 | 92% |
| Days on market | 74 | 180 | 12% |
Feb 7, 2026
$1,050,000
Initial Listing
Jul 19, 2024
$850,000
Public Record
Feb 28, 2008
$500,000
Public Record
Apr 20, 2006
$703,000
Public Record