
Perris, California 92570
This Custom Hilltop Estate is a Strong Value Opportunity, listed at $1,990,000—positioned well below the $2,142,961 Fair Market Value by 7%. This valuation gap offers $152,961 in Instant Equity for buyers. Maintaining a Good Condition Rating, the home features Panoramic Lake Mathews Views, a Pebble-Finish Pool, and Solar Panels. With two legally distinct parcels and a history of rental income, the property provides unique development flexibility within the Corona-Norco Unified School District. It is perfectly suited for Luxury Owner-Occupants or Strategic Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20976 Bentley Drive Subject | $1,990,000* List Price | 5 | 4 | 3,894 | $550 | - |
A 14735 Descanso Active | $1,999,000 List Price | 5 | 3 | 3,723 | $537 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2000, this custom estate is move-in ready and exceptionally well-maintained. The property features a high-end chef's kitchen with granite countertops and stainless steel appliances, a luxury primary suite with a spa-style bath, and significant modern additions such as solar panels and a pebble-finish pool. While the interior architectural style and some fixtures are original to the 24-year-old construction, the lack of deferred maintenance and the high quality of the custom finishes align with the good condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 188614, living area = 3894.
Situated on a 4.33-acre hilltop overlooking Lake Mathews, the estate offers unparalleled 360-degree views of the lake, valley, and mountains, providing a rare level of seclusion and natural beauty.
The property consists of two legally distinct parcels with R-A-2 1/2 zoning and a history as an income-producing short-term rental, offering significant flexibility for future expansion or investment strategies.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =188614, other record lot size in square feet = 135907. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While offering privacy, the property is located a significant distance from local schools and services, with the nearest highly-rated schools being approximately 7 to 14 miles away.
Continued short-term rental use and future development of the second parcel are subject to Riverside County approval and evolving local regulations, requiring extensive buyer verification.
Positioned on 4.33 acres overlooking Lake Mathews, this exceptional custom estate offers Panoramic Lake, Valley & Mountain Views | Gated Entry | Private Hilltop Setting. Enjoy sunrises to the east | sunsets to the west | seasonal snow-capped mountain views, creating a dynamic natural backdrop. The residence blends classic architectural presence with modern amenities and a private hilltop setting. A Gated driveway leads to a spacious interior featuring Soaring Ceilings | Multiple Living Areas | Formal Dining | Library/Office. The chef’s kitchen includes Granite Countertops | Custom Cabinetry | Stainless Appliances, opening to the family room with Fireplace | Open-Concept Entertaining. The primary suite offers Sitting Area | Double-Sided Fireplace | Spa-Style Bath | Multiple Balconies | Scenic Views. Outdoor amenities include Pebble-Finish Pool & Spa | Covered Patios | Two Cabanas | Built-In BBQ Island | Landscaped Grounds | Fruit & Citrus Trees | Elevated Stone Paver View Patio. Currently utilized by the seller for short-term rental use | Income-producing configuration | Historical rental information may be available upon request. The property offers added flexibility with two legally distinct parcels (separate APNs), providing future development or expansion considerations subject to Riverside County approval and buyer verification. Features such as NO HOA | SOLAR PANELS | Detached Workshop | Extensive Parking may support a variety of ownership strategies including luxury retreat use, multigenerational living, or long-term investment positioning. R-A-2 1/2 zoning and the private hilltop setting contribute to the property’s versatility; buyers are encouraged to independently verify all use options, zoning allowances, and rental regulations.
No exterior & parking available.
Grades K-6 • 7.6 mi
Grades K-6 • 13.9 mi
Grades 6-8 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 4.0 | 2.0 | 88% |
| Square foot | 3,894 | 2,240.5 | 93% |
| Lot Size | 188,614 | 12,210.5 | 94% |
| Price | $1.99M | $635.4K | 99% |
| Price per sq ft | $511 | $311 | 95% |
| Built year | 2000 | 2005 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 183 | 7% |
Feb 19, 2026
$1,990,000
Initial Listing
Dec 30, 2021
$1,750,000
Public Record
Apr 29, 1999
$120,000
Public Record