689 Crystal Mountain, Riverside, California 92506, Riverside, 92506 - 5 bed, 5 bath
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Riverside, California 92506
This Mediterranean-Style Luxury Estate is a Prime Investment Opportunity, listed at $2,199,999—positioned well below the $2,279,175 Fair Market Value by 3%. This valuation gap provides $79,176 in Instant Equity. Boasting a Condition Rating of 3, the property features a detached guest casita, 69 solar panels, and panoramic city views. Located in the prestigious Riverside Unified district, this 1.81-acre retreat offers sustainable luxury and multi-generational versatility. It is an elite acquisition for Luxury Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 689 Crystal Mountain Subject | $2,199,999* List Price | 5 | 5 | 4,600 | $495 | - |
A 6872 Chartwell Active | $2,190,000 List Price | 5 | 5 | 5,300 | $413 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010 (16 years old), this property fits the 10-20 year bracket for well-maintained, move-in ready homes. The kitchen features high-end granite and professional-grade appliances, while systems are superior with dual Lennox HVAC, 69 solar panels, and smart home integration. While the aesthetic reflects its 2010 origin, the mint condition and extensive upgrades ensure high functionality.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 78843, living area = 4600.
The 897 sq. ft. detached casita offers exceptional versatility for multi-generational living, a private guest suite, or a professional home office, adding significant functional value.
The property features 69 fully paid solar panels and a Tesla EV charger, providing substantial long-term utility savings and appealing to eco-conscious luxury buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =78843, other record lot size in square feet = 44431. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4600, other record living area = 3682. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Despite the massive 1.81-acre lot size, over an acre is designated to remain in its natural state and is managed by the association, limiting the owner's personal use of the full acreage.
The combination of a $380 monthly HOA fee and the maintenance requirements for a luxury pool and expansive grounds results in high ongoing ownership expenses.
Welcome to one of the most exclusive opportunities in the City of Riverside—an extraordinary Mediterranean-style estate tucked within the prestigious Stellan Ridge Estates, widely considered one of the finest locations in all of Riverside. This is more than a home… it’s a private retreat, a statement of luxury, and a lifestyle that’s hard to replicate. Set on an expansive 1.81-acre lot, this property offers the perfect balance of privacy and usability. Over half an acre of flat, usable land (approx. 27,000 sq ft) is yours to enjoy, while the remaining acreage is maintained by the association in its natural state—preserving the beauty, space, and serenity that make this setting so special. With 4,600 sq ft of total living space, including a 3,703 sq ft main residence and a 897 sq ft detached casita, this thoughtfully designed single-story estate delivers both functionality and elegance. The positioning of the home and casita was strategically planned to capture sweeping panoramic views of city lights, rolling hills, and surrounding mountains—offering breathtaking sunsets and sparkling evening vistas. The main residence features 4–5 bedrooms, 4 bathrooms, soaring 10-foot ceilings, high-end wood flooring, plantation shutters, and abundant natural light throughout. The spacious layout includes a great room, formal living room, and dining room, along with a luxurious primary suite complete with a sitting area, spa-like bath, and expansive walk-in closet. A detached 1-bedroom, 1-bath casita provides flexibility for multi-generational living, guests, or a private home office. Resort-style outdoor amenities include a pool and spa, built-in BBQ island, firepit, mature landscaping, artificial turf areas, and an oversized driveway with a basketball court—perfect for entertaining and everyday enjoyment. Upgrades include Venetian plaster finishes, dual Lennox HVAC systems, fully paid solar (69 panels), Tesla EV charger, epoxy garage floors with built-in storage, custom closets, smart home lighting, whole-home security and camera systems, water softener and reverse osmosis system, and more. Located in Alessandro Heights near shopping, dining, parks, and with convenient access to the 91, 60, and 215 freeways. This home is perfectly located put this one on your must see list and schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 5.0 | 2.0 | 91% |
| Square foot | 4,600 | 1,896 | 95% |
| Lot Size | 78,843.602 | 9,801 | 95% |
| Price | $2.20M | $723.8K | 98% |
| Price per sq ft | $478 | $385 | 80% |
| Built year | 2010 | 1964 | 95% |
| HOA | $380.0 | $0 | 97% |
| Days on market | 2 | 176 | 1% |
Apr 20, 2026
$2,199,999
Initial Listing
Sep 30, 2009
$694,000
Public Record