
Perris, California 92570
This High-Potential Investment Opportunity is listed at $825,000, positioned above the $729,606 Fair Market Value by 13%. While the property requires a premium, it offers a unique 4.82-acre equestrian estate with capacity for eight horses and two riding arenas. Featuring a Condition Rating of 4, the home retains original 1987 charm, providing a canvas for cosmetic modernization to drive long-term appreciation. With sweeping valley views and extensive grounds, this property is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking a private, rural lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23264 Rolling Meadows Drive Subject | $825,000* List Price | 3 | 2 | 1,784 | $429 | - |
A 17465 Santa Rosa Mine Sold | $800,000 | 4 | 2 | 1,697 | $471 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 and appearing in mostly original condition, this home is well-maintained but dated. The kitchen features 1980s-style oak cabinetry and tile countertops, while the interiors show popcorn ceilings and older carpet. While functional and move-in ready, it requires cosmetic updates and likely system refreshments to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 209959, living area = 1784.
The property is a horse enthusiast's dream, featuring 4.82 fully fenced acres with capacity for eight horses, two riding arenas, and direct access to miles of riding and hiking trails.
Boasting nearly five acres of land with 140 mature trees and sweeping valley views, this estate offers exceptional privacy and a serene rural atmosphere at a cooling 2,100-foot elevation.
Built in 1987 and offered for the first time, the home likely requires cosmetic updates to the kitchen and bathrooms to meet the aesthetic expectations of modern buyers.
The extensive acreage, equestrian infrastructure, and 140 mature trees demand significant ongoing labor and financial investment to maintain the property's condition and functionality.
Tucked away in scenic Gavilan Hills, this charming single-story ranch home offers a peaceful country lifestyle on 4.82 fully fenced acres of equestrian property. With sweeping views of the surrounding hills and countryside, the property welcomes you with wide open space, mature trees, and endless potential. Built in 1987 and offered for the very first time, this well-loved home has been carefully maintained and is ready for its next chapter. Inside, the home is warm and inviting, with large windows that fill the space with natural light and showcase the beautiful rural setting. The living room is the heart of the home, featuring a stunning vaulted wood-beamed ceiling and a large brick fireplace that creates the perfect gathering space on cool evenings. The living area flows into the kitchen and dining space, while a spacious family room offers additional room to relax, entertain, or create the lifestyle space you’ve been dreaming of. The spacious primary suite provides a peaceful retreat with an ensuite bathroom complete with a soaking tub, while two generously sized guest bedrooms offer comfort for family or visitors. Step outside to a huge backyard with a covered pergola and plenty of room to design your ideal outdoor oasis. Designed for equestrian living, the property has capacity for up to 8 horses and includes two riding arenas, direct access to miles of riding and hiking trails, an oversized garage, two storage sheds, and approximately 140 mature trees spread throughout the grounds. Sitting at approximately 2,100 feet in elevation, the property enjoys a cooler climate and refreshing breezes that make outdoor living even more enjoyable. Whether you’re seeking a private equestrian retreat, room to expand, or simply the tranquility of country living, this special property offers an incredible opportunity just minutes from freeway access and Lake Mathews.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,784 | 2,174 | 36% |
| Lot Size | 209,959.203 | 13,068 | 99% |
| Price | $825.0K | $625.0K | 78% |
| Price per sq ft | $462 | $319 | 91% |
| Built year | 1987 | 2002 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 158 | 2% |
May 7, 2026
$825,000
Initial Listing