21260 Ridgedale, Lake Mathews, California 92570, Lake Mathews, 92570 - 4 bed, 4 bath

21260 Ridgedale, Lake Mathews, California 92570 home-pic-0

21260 Ridgedale

Lake Mathews, California 92570

ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,286Sq Ft
83,200Lot Size

Property Price

LIST PRICE$1,199,900
EST. MARKET VALUE
$1,051,886
14% AboveMARKET VALUE

SUMMARY

Analysis of 21260 Ridgedale, Lake Mathews, California 92570 reveals a property with a current list price of $1,199,900, which is 14% above the estimated $1,051,886 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,051,886
Based on Realkey algorithm analyzing recent comparable sales in Lake Mathews.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
21260 Ridgedale
Subject
$1,199,900*
List Price
442,286$460-
A
21475 Ridgedale Drive
Sold
$950,000332,042$4650.2 mi
B
14260 Grande Vista Avenue
Active
$1,249,000
List Price
432,718$4600.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant modern updates, most notably a chef's kitchen with custom espresso-stained soft-close cabinetry and quartz countertops. While the home was built in 1978, the interior has been well-maintained and aesthetically refreshed with vaulted beamed ceilings and updated finishes. It meets the 'good' criteria as it is functional and updated, though it lacks the 'virtually new' status required for an excellent rating.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 83200, living area = 2286.

  • Exceptional Views and Privacy

    Situated on a 1.9-acre lot within Lake Mathews Estates, the property offers unobstructed panoramic views of the lake, mountains, and sunsets, ensuring a high level of privacy and tranquility.

  • Modernized Chef's Kitchen

    The kitchen has been tastefully updated with custom espresso-stained cabinetry, soft-close hardware, and light quartz countertops, providing a high-end culinary space with a walk-in pantry.

CONSRISKS & DEFICIENCIES

  • Rural Commute

    The property's secluded location results in longer travel times to essential services, with the nearest schools and shopping centers located approximately 7 to 13 miles away.

  • 1970s Era Limitations

    Despite significant interior updates, the 1978 construction may still contain original structural elements or older systems that could require future maintenance or modernization.

About 21260 Ridgedale

Located within Lake Mathews Estates, this area is known for 1.5-acre minimum estate parcels, this property offers sweeping panoramic views, dramatic sunsets, privacy, and exceptional space for both entertaining and everyday living. Upon entry, the home opens to a grand vaulted great room with bright white ceilings accented by striking exposed beams, a statement fireplace, and expansive sliding glass doors providing access to multiple patios. The layout offers thoughtful bedroom separation with one bedroom to the left and three bedrooms to the right. The primary suite is privately situated and includes a bath with tub/shower combination, walk-in closet, mirrored closet doors, and additional built-in closet space. The family room flows into a chef-sized kitchen featuring a walk-in pantry, pocket door for privacy, generous counter with bar seating, and hillside and sunset views through surrounding windows and patio doors. Custom espresso-stained cabinetry with soft-close doors and drawers pairs with light quartz countertops for a refined contrast. The dining room offers direct kitchen access and sliding doors to a view patio showcasing unobstructed views of the lake and million-dollar vistas. A separate expansive living room features a full-scale brick accent wall and fireplace, sliding doors to its own patio, and access to a large brick-finished outdoor entertaining area. A ¾ bath off the family room adds convenience for guests. Multiple patios support a true indoor-outdoor lifestyle. A horseshoe-shaped driveway, two-car garage, and ample parking for RVs, boats, and recreational vehicles enhance functionality. The property includes a mostly level area suitable for ADU potential, equestrian use, or future estate improvements. No HOA. Located in the Corona-Norco Unified School District.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
83,200 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Lake Mathews Unified Schools

Woodrow Wilson Elementary School

Grades K-6 • 7.2 mi

7/10

Ronald Reagan Elementary

Grades K-6 • 13.9 mi

7/10

El Cerrito Middle School

Grades 6-8 • 6.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
87%
Square foot2,2862,287
48%
Lot Size83,2009,801
78%
Price$1.20M$630.1K
95%
Price per sq ft$525$307
98%
Built year19782005
18%
HOA$0$0
50%
Days on market35203
1%

Pricing History

Listed for Sale

Jan 31, 2026

$1,199,900

Initial Listing

Sold

May 31, 2022

$840,000

Public Record

Sold

Oct 18, 2019

$550,000

Public Record

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