
Riverside, California 92508
This Stunning Panoramic Residence is a Prime Investment Opportunity, listed at $1,249,990—positioned well below the $1,286,336 Fair Market Value by 2%. This valuation gap offers $36,346 in Instant Equity. With a Condition Rating of 3, the home features a Granite Kitchen, PebbleTec Pool, and Panoramic Views. Its versatile layout, including a downstairs bedroom and four-car garage, provides exceptional utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18664 Lemonwood Ln Subject 5 bd · 5 ba · 4,310 sqft · $295 | $1,249,990* List Price | 5 | 5 | 4,310 | $295 | - |
A 18493 Lurin Avenue Sold 5 bd · 6 ba · 4,172 sqft · $300 · 0.2 mi | $1,250,000 | 5 | 6 | 4,172 | $300 | 0.2 mi |
B 18457 Lurin Avenue Sold 4 bd · 5 ba · 3,832 sqft · $303 · 0.2 mi | $1,160,000 | 4 | 5 | 3,832 | $303 | 0.2 mi |
C 9690 Sierra Grove Street Sold 5 bd · 6 ba · 4,172 sqft · $309 · 0.4 mi | $1,291,200 | 5 | 6 | 4,172 | $309 | 0.4 mi |
D 19446 Lurin Avenue Sold 5 bd · 4 ba · 4,147 sqft · $229 · 0.8 mi | $950,000 | 5 | 4 | 4,147 | $229 | 0.8 mi |
E 18337 Park Mountain Drive Sold 5 bd · 6 ba · 4,172 sqft · $307 · 0.4 mi | $1,280,000 | 5 | 6 | 4,172 | $307 | 0.4 mi |
F 18324 Park Mountain Drive Sold 5 bd · 6 ba · 4,172 sqft · $278 · 0.4 mi | $1,159,990 | 5 | 6 | 4,172 | $278 | 0.4 mi |
G 18625 Krameria Avenue Active 5 bd · 4 ba · 3,615 sqft · $249 · 0.2 mi | $900,000 List Price | 5 | 4 | 3,615 | $249 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is well-maintained, functional, and move-in ready. It features refreshed systems and kitchen improvements including granite countertops, a large island, and stainless steel appliances, complemented by clean, spacious bathrooms.
The property offers exceptional sweeping views of the San Gabriel Mountains and city lights, providing a dramatic and highly desirable backdrop from the primary balcony and backyard.
A rare four-car garage paired with dedicated RV parking and decorative iron gates offers a level of storage and functionality that is difficult to find in this market.
The 4,310-square-foot floor plan features dual staircases and a downstairs bedroom with a full bathroom, making it ideal for multi-generational living or hosting guests.
With a large 4,310 sqft home, pool, spa, and RV parking on an 11,326 sqft lot, the remaining traditional yard space is limited for those seeking expansive lawn areas.
Built in 2005, the property is approaching a 20-year milestone where original major systems like HVAC or roofing may soon require evaluation or replacement.
A rare combination of space, setting and lifestyle comes together at 18664 Lemonwood Lane, ideally positioned in the heart of Mission Ranch. Offering more than 4,300 square feet, this five-bedroom residence combines substantial living space with a layout that feels balanced, intentional and inviting. Formal living and dining spaces blend with an inviting family room and open island kitchen with walk-in pantry, while dual staircases, a downstairs bedroom with a full bathroom, half bath next to main living areas, and a versatile upstairs loft provides flexibility for everyday living, entertaining and extended stays. The expansive primary retreat is a destination of its own, complete with fireplace, sitting area, generous walk-in closet and private balcony overlooking one of the home's defining features, its extraordinary panoramic setting. Sweeping views extend across the Inland Empire toward the San Gabriel Mountains and neighboring peaks, creating a dramatic backdrop by day and a sparkling canvas of city lights after sunset. On clear winter days, snow-dusted mountains toward Big Bear add another layer to a view that changes beautifully with the seasons. Outdoor living is equally impressive. A PebbleTec pool and spa anchor the backyard, complemented by covered entertaining spaces, a tiled courtyard and fountain, and an outdoor solar shower. Dedicated RV parking with decorative iron gates and a rare four-car garage add a level of versatility and functionality that is increasingly difficult to find. Thoughtful updates throughout the home enhance both comfort and character, blending refreshed systems and kitchen improvements with distinctive stonework, slate finishes, custom millwork and carefully considered design details. What makes Lemonwood especially compelling is not any single feature, but the way everything comes together: generous interior space, a highly functional floor plan, panoramic mountain and city-light views, resort-style outdoor living, a pool and spa, four-car garage, RV parking, courtyard and an established neighborhood setting. From its panoramic mountain backdrop to its thoughtfully designed floor plan and refined living spaces, this one of a kind home offers a rare opportunity to enjoy a prpoperty that truly brings all the pieces together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 2.2 |
| Square foot | 4,310 | 1,854.896 |
| Lot Size | 11,326 | 8,680.308 |
| Price | $1.25M | $698.4K |
| Price per sq ft | $290 | $380 |
| Built year | 2005 | 1982 |
| HOA | $37.0 | $156 |
| Days on market | 44 | 57 |
Sep 10, 2026
$1,249,990
Initial Listing
Oct 16, 2019
$715,000
Public Record
Oct 14, 2010
$405,000
Public Record
May 31, 2006
$800,000
Public Record