
Riverside, California 92508
This Expansive Equestrian Estate is listed at $829,999, aligning with its $829,999 Fair Market Value. The property provides a significant financial edge via a 2.375% Assumable FHA Loan, offering substantial monthly savings for qualified buyers. Maintaining a Condition Rating of 4, the home is situated on a massive 2.13-Acre Lot zoned for horses and includes a Detached 3-Car Workshop and Panoramic Views of March Airfield and rolling hills. Located in the Riverside Unified School District, this retreat balances utility with lifestyle. It is an ideal match for Owner-Occupants or Equestrian Enthusiasts.
Property is moderate renovation needed.
Built in 1986, this property is nearly 40 years old and maintains much of its original character. While the kitchen features updated wood-style flooring and the home is described as well-maintained with a charming stone fireplace, it lacks evidence of a comprehensive modern renovation. The presence of an unpermitted guesthouse and the overall 1980s architectural style suggest the home is functional but aged, requiring minor updates to meet current contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92783, living area = 2700.
The property features a rare assumable FHA loan at a 2.375% interest rate, providing a massive financial advantage and significant monthly savings for qualified buyers.
Spanning 2.13 acres and zoned for horses, the estate includes dedicated horse stalls, RV access, and a detached 3-car garage/workshop, offering unparalleled utility for outdoor enthusiasts.
The existing guesthouse was never permitted by the county, which could lead to complications with financing, insurance, or future code enforcement requirements.
Multiple price reductions from the original $880,000 list price suggest the property has struggled to align with buyer expectations or has faced hurdles during its time on the market.
Back on market-no fault of seller. Previous escrow canceled due to buyer financing. Property was in high demand so here's your second opportunity to secure this Riverside home. Listed at $829,999. This unique custom 3 bed / 3 bath home located at 18251 Northstar Ave, Riverside, Ca 92508 offers breath taking views across 2.13 acre. The property included spacious horse stalls, ample extra parking, and a huge covered rear patio complete with picnic and barbecue facilities. This property is perfect for both relaxation, family memories, and fun. Located in the center of this property is a detached 3 car garage and workshop, ideal for hobbies or storage. Inside, the kitchen boast beautiful wood-style flooring and opens to a large family room designed for gatherings. Additionally, a separate living room with a charming stone fireplace adds cozy comfort. Two of the three bed rooms are located upstairs, while the main master bedroom with a private bathroom suit is conveniently situated downstairs. Enjoy stunning view of March Airfield from one side of the home and the rolling hills on the other-truly a one-of-a-kind Riverside retreat. Features multiple entrances, including access suitable for RVs, and is zoned for horses, providing plenty of space and flexibility for equestrian use or outdoor living. Conveniently located in the desirable Woodcrest neighborhood, offering easy access to local amenities and schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 19% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 2,700 | 2,601 | 55% |
| Lot Size | 92,783 | 8,276 | 98% |
| Price | $830.0K | $751.4K | 71% |
| Price per sq ft | $307 | $307 | 50% |
| Built year | 1986 | 2003 | 9% |
| HOA | $0 | $37 | 47% |
| Days on market | 244 | 186 | 71% |
Nov 13, 2025
$829,999
$849,099
-2% Price Drop
Initial Listing
Oct 4, 2025
$849,099
$880,000
-4% Price Drop
Initial Listing
Aug 21, 2025
$880,000
Initial Listing