
Aguanga, California 92536
This Aviation-Centric Residential Property is a High-Potential Investment Opportunity, listed at $849,995—positioned above the $754,579 Fair Market Value by 12%. While priced above current estimates, the property features an Excellent Condition Rating following extensive 2024 renovations, including a new roof, stucco, and interior upgrades. The 2.69-acre lot offers rare direct runway access and a private hangar, providing a unique lifestyle for Aviation Enthusiasts and Owner-Occupants seeking a turnkey, specialized estate with panoramic mountain views and significant infrastructure improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49585 Flightline Way Subject 3 bd · 2 ba · 1,872 sqft · $403 | $849,995* List Price | 3 | 2 | 1,872 | $403 | - |
A 49990 Mojave Court Sold 3 bd · 2 ba · 1,778 sqft · $380 · 0.7 mi | $675,000 | 3 | 2 | 1,778 | $380 | 0.7 mi |
B 49450 Forest Springs Active 3 bd · 2 ba · 1,948 sqft · $326 · 0.5 mi | $634,999 List Price | 3 | 2 | 1,948 | $326 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property underwent significant renovations in 2024, including a new roof, exterior stucco, paint, and vinyl flooring. Systems such as water heaters and electrical have been recently serviced or replaced. While the interior retains some dated architectural elements like popcorn ceilings, the home is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 117176, living area = 1872.
This rare property features direct runway access and a private airplane hangar with a permitted apartment, providing a turnkey lifestyle for aviation enthusiasts within a specialized community.
Both the main residence and the hangar received significant upgrades in May 2024, including new roofs, exterior stucco, paint, and interior flooring, ensuring low immediate maintenance costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is located over 17 miles away from the nearest elementary, middle, and high schools, which may be a significant drawback for families with school-aged children.
With 141 days on the market, the property has experienced a longer-than-average listing period, which may suggest a highly niche appeal or potential pricing misalignment with the current market.
Runway Living Meets Country Charm. Experience a rare opportunity to own one of SoCal's unique aviation properties—an upgraded, runway-direct custom home with a private airplane hangar on a 2.69-acre fully fenced parcel in the beautiful aviation and equestrian community of Lake Riverside Estates. Surrounded by mature pines and an impressive orchard of 48 fruit trees, this property blends aviation convenience with peaceful country living. The all-level acreage provides possibilities for future improvements, whether you envision an additional hangar, workshop, RV storage, horse facilities, or simply room to enjoy the open space. The well-maintained residence offers a bright, welcoming interior with new vinyl flooring and complete exterior stucco, paint, and roof replacement in May 2024. The functional floor plan features two bedrooms and a full bathroom on the main level, along with a spacious living room, kitchen, and dining area. Upstairs, the private primary suite serves as a tranquil retreat, complete with a cozy wood-burning stove and mountain/treetop views framed by large picture windows. Two outdoor balconies and a rear concrete patio create inviting spaces to relax and take in the natural beauty. Aviation enthusiasts will appreciate the direct runway access and aircraft hangar, complete with a permitted apartment; also improved in 2024 with new stucco, paint and roof. The hangar accommodates most private aircraft; the hangar door measures approximately 37'4" wide by 9'11" high. Pride of ownership is evident throughout the property, with numerous system improvements including replaced water heaters in both the home and hangar apartment, serviced electrical systems, well and septic maintenance, and automated irrigation servicing the orchard. Additional features include an attached three-car garage, concrete driveway, taxiway and sidewalk. At approximately 3,400 feet in elevation, Lake Riverside Estates offers an unmatched lifestyle with miles of riding trails, a private 55-acre lake, equestrian arena, sports courts, and a vibrant aviation community. The community's 3,600-foot paved and lighted runway (54CL) features VASI guidance and a recently added AWOS weather reporting system, making arrivals and departures both convenient and accessible. Properties of this caliber are seldom available. Combining acreage, direct runway access, a private hangar, upgrades, and lifestyle, this is a truly exceptional opportunity to own a hidden aviation treasure.
No exterior & parking available.
Grades K-5 • 17.3 mi
Grades 6-8 • 17.1 mi
Grades 7-12 • 17.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,872 | 2,102.25 |
| Lot Size | 117,176.398 | 118,755.475 |
| Price | $850.0K | $677.0K |
| Price per sq ft | $454 | $339 |
| Built year | 1987 | 1997 |
| HOA | $175.0 | $171 |
| Days on market | 148 | 76 |
May 30, 2026
$849,995
Initial Listing
Mar 31, 2023
$500,000
Public Record