
Riverside, California 92506
This Alessandro Heights Estate represents a Strong Value Opportunity, listed at $3,500,000—positioned well below the $3,719,631 Fair Market Value by 5%. This valuation gap offers $219,631 in Instant Equity. Featuring a 9,307 sq. ft. main residence with a 1,000 sq. ft. ADU, pool, spa, and panoramic views, the property maintains a Fair Condition Rating due to original 1998 finishes. It is an ideal acquisition for Owner-Occupants seeking multi-generational living or Value-Add Investors looking to modernize a premier estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6952 Royal Hunt Ridge Subject | $3,500,000* List Price | 6 | 6 | 9,307 | $400 | - |
A 6975 Wyndham Hill Drive Pending | $2,450,000 List Price | 4 | 5 | 5,845 | $419 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 28-year-old estate falls into the 'Fair' category based on age and original finishes. While the home is exceptionally well-maintained and grand, the kitchen cabinetry, built-in appliances, and bathroom aesthetics are original to the late-90s construction and are now considered dated, requiring modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 94525, living area = 9307.
The property includes a fully self-contained 1,000 sq. ft. ADU with its own kitchen, two bedrooms, laundry, and a private garage, offering exceptional utility for multi-generational living or long-term guests.
Situated on over 2 acres on an elevated promontory, the estate provides unparalleled privacy and breathtaking panoramic views of the Alessandro Arroyo, city lights, and surrounding mountains.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9307, other record living area = 6994. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
While the high school is well-rated, the local elementary and middle schools currently hold lower ratings (4/10), which may be a consideration for families prioritizing top-tier public education.
Having been held by the same owner for 25 years since its 1998 construction, some interior finishes and systems may require cosmetic or functional updates to align with contemporary luxury standards.
ALESSANDRO HEIGHTS – ROYAL HUNT RIDGE ESTATES Perched on an elevated promontory above the picturesque Alessandro Arroyo and Creek, this exclusive estate seamlessly blends elegance, comfort, and privacy. Spanning an 8,300 sq. ft. main residence and a 1,000 sq. ft. self-contained second home, this property was handpicked by original developer Neil Hansen and his wife as their personal retreat. Surrounded by mature trees and rolling terrain, the European Traditional-style manor exudes timeless charm, ideal for multi-generational living or grand entertaining. The stately brick facade and commanding entrance set the tone for refined interiors. Inside, a dramatic foyer with a sweeping curved staircase is flanked by a formal dining room and living room, perfect for intimate gatherings. Beyond lies a cozy pub area and a library/office that could easily convert to a main-floor suite. The family room and expansive kitchen with a breakfast nook offer stunning views of the backyard, pool, spa, and twinkling city lights. Upstairs, four en-suite bedrooms include the serene primary suite with a private terrace, sitting area with fireplace, and adjacent exercise room. A thoughtfully designed laundry room with ample storage is also on this level. Main-floor highlights include a unique “wrapping room” with custom built-ins and an adjoining potting room with access to a secret garden. The separate Accessory Dwelling Unit (ADU) is a fully independent home with a living room, kitchen, two bedrooms, a bathroom, large laundry room, and private one-car garage—perfect for extended family or guests. The estate’s grounds are an entertainer’s dream, featuring a sparkling pool and spa with travertine decking, an outdoor living room with a built-in kitchen, firepit, and TV. Offered for the first time in 25 years, this extraordinary property awaits its next fortunate owners. Seize this rare chance to own a timeless estate in one of Alessandro Heights’ most exclusive communities
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 9,307 | 1,873 | 99% |
| Lot Size | 94,525 | 9,583 | 98% |
| Price | $3.50M | $726.3K | 99% |
| Price per sq ft | $376 | $392 | 39% |
| Built year | 1998 | 1965 | 93% |
| HOA | $225.0 | $0 | 96% |
| Days on market | 31 | 134 | 4% |
May 6, 2026
$3,500,000
Initial Listing
May 25, 2004
$3,700,000
Public Record