
Aguanga, California 92536
This Spacious Country Residence is a Strong Value Opportunity, listed at $485,000—positioned well below the $505,358 Fair Market Value by 4%. This valuation gap offers $20,358 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a versatile basement and 2.57 acres of land. With access to private lake amenities and equestrian facilities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a serene, lifestyle-focused retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40585 Lakeshore Boulevard Subject | $485,000* List Price | 2 | 2 | 1,778 | $284 | - |
A 40757 Brook Trails Sold | $614,000 | 3 | 2 | 1,954 | $314 | 0.3 mi |
B 49185 Tomahawk Court Active | $625,000 List Price | 3 | 2 | 1,938 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1995, the property is well-maintained and move-in ready. It features recent cosmetic updates including interior and exterior paint, updated flooring, and select new windows. While some secondary areas like the basement bathroom appear more utilitarian and dated, the primary living spaces are functional and revitalized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 111949, living area = 1778.
Situated on 2.57 acres, the property offers breathtaking panoramic views of Lake Riverside and the surrounding mountains, providing exceptional privacy and a serene country atmosphere.
The home features a large basement with an additional bedroom and half bath, offering significant flexibility for a home office, guest quarters, or a workshop beyond the two primary suites.
The property is located over 16 miles from the nearest elementary, middle, and high schools, which may be a significant inconvenience for families with school-aged children.
With only two official bedrooms on the main level, the layout may be less appealing to larger families or buyers requiring more traditional bedroom configurations.
Perched on 2.57 scenic acres with breathtaking views of Lake Riverside, this unique property offers the perfect blend of privacy, functionality, and country living. Featuring 1,778 square feet, the home boasts two spacious primary bedrooms, each with its own full private bathroom. The inviting interior has been refreshed with recent interior paint, updated flooring, and select new windows, while the exterior has been beautifully revitalized with a complete exterior paint job, giving the home a fresh, move-in-ready aesthetic. Adding to the home's versatility is a large basement complete with an additional bedroom area and half bathroom, providing excellent space for a game room, home office, workshop, guest quarters, or extra storage. An attached two-car garage, private well, septic system and flat area perfect for equestrian accommodations round out the practical features of this exceptional property. Wake up each morning to tranquil lake views and enjoy the peaceful setting that makes Lake Riverside Estates one of Southern California's hidden gems. Residents enjoy access to a private 55-acre lake for fishing and boating, a community pool, playground, picnic areas, well maintained park, equestrian arena, riding trails, basketball court, and a private airstrip for aviation enthusiasts. The gated community also offers miles of open space, stunning mountain views, and abundant wildlife, all while remaining within a reasonable drive of Temecula's renowned wineries, shopping, dining, and entertainment. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, this property offers the space, flexibility, and lifestyle you've been looking for.
No exterior & parking available.
Grades K-5 • 16.4 mi
Grades 6-8 • 16.2 mi
Grades 7-12 • 16.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.2 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,778 | 2,110.333 |
| Lot Size | 111,949 | 117,249 |
| Price | $485.0K | $670.7K |
| Price per sq ft | $273 | $332 |
| Built year | 1995 | 1995 |
| HOA | $175.0 | $175 |
| Days on market | 49 | 76 |
Jul 22, 2026
$485,000
Initial Listing
Mar 31, 2020
$280,000
Public Record
Jun 29, 2001
$155,000
Public Record