
Lake Mathews, California 92570
Analysis of 16770 Rocky Glen, Lake Mathews, California 92570 is currently available with a list price of $1,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Mathews Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1988 (36 years old), the property features original, highly dated kitchen and bathrooms with oak cabinetry, tile countertops, and 1980s fixtures. The listing description explicitly mentions the need for updating, and at over 30 years without significant renovations, the interior systems and finishes require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 211266, living area = 3491.
The property features no HOA fees and no Mello Roos assessments, offering significant monthly savings and fewer restrictions compared to neighboring luxury estates in the Lake Mathews area.
Situated on 4.85 acres, the massive lot provides ample space for future additions such as an ADU, barn, or workshop, catering to buyers seeking a versatile custom ranch lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =211266, other record lot size in square feet = 210394.
The property requires significant updating and modernization, as indicated by the listing's reliance on AI-enhanced photos to demonstrate the home's future potential.
With nearly 5 acres of land and a home built in 1988, the property will likely require substantial ongoing maintenance and potential infrastructure upgrades to the aging systems.
UNBELIEVABLE THAT THIS PROPERTY HAS NO HOA AND NO MELLO ROOS in an area that has $$MILLION DOLLAR$$ ranch homes that do. THIS IS A VERY UNIQUE SITUATION as the homes just to the east are controlled by CC&RS. Invest in this custom built country home on 4.85 acres that has a wine cellar, swimming pool, 3 car garage and 3491 square feet with 4 bedrooms and 4 bathrooms and is located in the beautiful area of Gavilan Hills in Lake Mathews. Schedule an appointment to experience the amazing quiet serene living where you will enjoy peace and quiet while updating this property that can include an additional home (ADU), a barn and a workshop. Check out the unbelievable views and see the stars at night. Invite your friends and family for weekend events and holidays. This property is priced to sell. Make an offer today. Some photos have been virtually enhanced with AI and are identified to give you an idea of what the possibilities are for this property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,491 | - |
| Lot Size | 211,266 | - |
| Price | $1.10M | $1.01M |
| Price per sq ft | $315 | $409 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 32 | 98 |
Jun 20, 2026
$1,100,000
Initial Listing
Aug 27, 2008
$525,000
Public Record
Jul 15, 2005
$755,000
Public Record
Mar 31, 1999
$365,000
Public Record