17751 Lake Mathews, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
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Perris, California 92570
Analysis of 17751 Lake Mathews, Perris, California 92570 is currently available with a list price of $1,800,000. 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 Perris 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.
The property, built in 1931, is in a state of severe dilapidation and requires substantial rehabilitation. Exterior images show significant deferred maintenance, including peeling paint, missing siding, and structural decay. The outbuildings, including the barn and warehouses, show visible roof failures and rusted metal. Given the 'as-is' status and the description's focus on renovation or reimagining, the 688 sq. ft. home likely possesses non-functional or severely outdated kitchen and bathroom facilities, along with aged electrical and plumbing systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1321175, living area = 688.
Spanning over 30 acres, this property offers massive potential for a custom hilltop estate, agricultural use, or a private rural retreat with panoramic views.
The site is uniquely equipped with three wells (two deep, one shallow) and on-site electricity, providing essential utilities that are often costly to install on rural land.
The existing 1931 residence is only 688 sq. ft. and requires a complete restoration or replacement, adding substantial cost to the initial investment.
The property is sold in as-is condition, which may present challenges with traditional financing and implies potential deferred maintenance across the structures.
Expansive 30.33-acre retreat with infrastructure & scenic views. Experience the space and potential of this impressive rural property, offering panoramic views and a rare opportunity to create your ideal rural escape. The property includes two deep wells and one shallow well, along with on-site electricity. A 2-bedroom, 1-bath stick-built home is ready for renovation, presenting an excellent opportunity to restore or reimagine the existing residence. Additional improvements include two large warehouses and an approximately 4,000 sq. ft. barn, providing substantial space for storage, equipment, or operational needs. The land is home to mature olive, pomegranate, palm, and eucalyptus trees, creating a peaceful and beautiful landscape. Conveniently located close to Lake Mathews, schools, shopping, and major highways, this property offers both privacy and accessibility. Whether you envision restoring the current home or building a custom hilltop estate, the possibilities are extensive. Sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 688 | 2,194 | 1% |
| Lot Size | 1,321,175 | 12,210.5 | 99% |
| Price | $1.80M | $635.4K | 99% |
| Price per sq ft | $2.6K | $311 | 99% |
| Built year | 1931 | 2005 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 183 | 2% |
Mar 26, 2026
$1,800,000
Initial Listing