
Riverside, California 92506
This Stellan Ridge Estates Mediterranean-style estate is a Strong Value Opportunity, listed at $2,199,999—positioned well below the $2,279,175 Fair Market Value by 3%. This valuation gap offers $79,176 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 4,600 sq ft residence includes a detached casita, paid solar, and panoramic city light views. It offers a sophisticated lifestyle for multi-generational families or discerning owner-occupants seeking a turnkey, high-end retreat in Riverside.
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 | $499 | - |
A 1956 Middle Creek Sold | $1,590,000 | 5 | 5 | 4,200 | $379 | 1.0 mi |
B 6975 Wyndham Hill Drive Sold | $2,400,000 | 4 | 5 | 5,845 | $411 | 0.7 mi |
C 7774 Kingdom Pending | $1,595,000 List Price | 4 | 5 | 3,901 | $409 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010 (16 years old), this property falls within the 10-20 year 'Good' range. It is exceptionally well-maintained and move-in ready, featuring high-end wood flooring, professional-grade kitchen appliances, and significant modern system upgrades including dual Lennox HVAC, 69 paid solar panels, and a Tesla EV charger.
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 property features 69 fully paid solar panels and a Tesla EV charger, offering significant long-term utility savings and modern sustainability for a large estate.
A substantial 897 sq ft detached guest house provides a private, flexible space ideal for multi-generational living, high-end guest accommodations, or a secluded home office.
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.
While the total lot size is nearly 2 acres, only about 0.6 acres is flat and usable, with the remaining land restricted to its natural state by the association.
The combination of a $380 monthly HOA fee and the maintenance requirements of a resort-style pool, spa, and extensive landscaping represents a significant ongoing financial commitment.
***BACK ON THE MARKET*** Buyers could not perform. 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,600 | 1,723 |
| Lot Size | 78,843.602 | 8,712 |
| Price | $2.20M | $676.0K |
| Price per sq ft | $478 | $395 |
| Built year | 2010 | 1977 |
| HOA | $380.0 | $125 |
| Days on market | 93 | 58 |
Apr 20, 2026
$2,199,999
Initial Listing
Sep 30, 2009
$694,000
Public Record