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

21260 Ridgedale
Lake Mathews, California 92570
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21260 Ridgedale Subject | $1,199,900* List Price | 4 | 4 | 2,286 | $460 | - |
A 21475 Ridgedale Drive Sold | $950,000 | 3 | 3 | 2,042 | $465 | 0.2 mi |
B 14260 Grande Vista Avenue Active | $1,249,000 List Price | 4 | 3 | 2,718 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Ronald Reagan Elementary
Grades K-6 • 13.9 mi
El Cerrito Middle School
Grades 6-8 • 6.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 87% |
| Square foot | 2,286 | 2,287 | 48% |
| Lot Size | 83,200 | 9,801 | 78% |
| Price | $1.20M | $630.1K | 95% |
| Price per sq ft | $525 | $307 | 98% |
| Built year | 1978 | 2005 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 203 | 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



































