21620 Via Liago, Perris, California 92570, Perris, 92570 - 4 bed, 3 bath
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Perris, California 92570
This property presents a High-Potential Investment Opportunity with a List Price of $1,029,000—positioned well above the $876,997 Fair Market Value by 17%. While the property requires capital for modernization due to its Condition Rating of 5, the expansive 4.49-acre lot offers significant utility for equestrian use or custom development. Located within the Corona-Norco Unified School District, this asset provides a rare rural lifestyle. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a private estate.
Property is extensive renovation needed.
Built in 1994 (30 years old), the property meets the age threshold for rehab. Interior images show a dated and partially unfinished kitchen area, worn stone flooring, and the listing description explicitly states the home needs investment in updates and customization, indicating it is not in move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 195584, living area = 2646.
Situated on approximately 4.49 acres, this property offers rare expansive land in Southern California, providing ample space for horse facilities, RV parking, and custom agricultural projects.
Located in the secluded Lake Mathews area, the home provides exceptional privacy and a tranquil rural lifestyle that is increasingly difficult to find in the region.
The rural setting results in significant travel distances to local schools and amenities, with the nearest middle and high schools located 8 to 10 miles away.
The home and land are noted as needing updates and further improvement, which may require a substantial secondary investment for buyers not seeking a project property.
A rare opportunity in the desirable Lake Mathews area of Perris, this property offers approximately 4.49 acres of land just minutes from Lake Mathews. With excellent privacy, a peaceful rural setting, and plenty of usable space, the land is ideal for buyers seeking room for horses, RV parking, vehicle storage, fruit trees, gardens, or future improvements. The property also includes a 4-bedroom, 2,646-square-foot single-family home, offering a solid foundation for updates and customization. For buyers who value land, privacy, and long-term potential, this hidden gem offers the flexibility to create a property tailored to their own vision.
No exterior & parking available.
Grades K-6 • 9.1 mi
Grades K-6 • 15.5 mi
Grades 6-8 • 8.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,646 | 1,916 |
| Lot Size | 195,584 | 7,016 |
| Price | $948.0K | $583.5K |
| Price per sq ft | $358 | $293 |
| Built year | 1994 | 1997 |
| HOA | $0 | $99 |
| Days on market | 43 | 67 |
Jul 1, 2026
$948,000
$1,029,000
-8% Price Drop
Initial Listing
Jun 9, 2026
$1,029,000
Initial Listing
Jul 22, 2015
$456,000
Public Record
Dec 13, 2006
$770,000
Public Record