7470 Chateau Ridge Lane, Riverside, California 92506, Riverside, 92506 - 4 bed, 3 bath

7470 Chateau Ridge Lane
Riverside, California 92506
Property Price
SUMMARY
Analysis of 7470 Chateau Ridge Lane, Riverside, California 92506 reveals a Fairly Priced Property with a current list price of $1,399,900 aligned with the estimated $1,367,630 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Riverside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7470 Chateau Ridge Lane Subject | $1,399,900* List Price | 4 | 3 | 3,337 | $410 | - |
A 1243 Matterhorn Drive Sold | $1,100,000 | 4 | 3 | 2,848 | $386 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2000, the property has undergone extensive recent renovations that meet modern quality standards. Highlights include a newly remodeled chef’s kitchen with premium stone countertops and stainless steel appliances, a fully remodeled resort-style pool and spa, and updated interior finishes such as high-end flooring, intricate crown molding, and contemporary light fixtures. The home is in move-in ready condition with no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28314, living area = 3337.
- Prestigious Gated Location
Situated on an elevated corner lot within the exclusive Chateau View Estates, this property offers both privacy and stunning views of city lights and mountains.
- Modernized Single-Level Living
This rare single-story home features a newly remodeled chef’s kitchen and an open-concept layout with soaring ceilings, blending luxury with accessibility.
CONSRISKS & DEFICIENCIES
- Significant Association Fees
The monthly HOA fee of $450 is a recurring cost that may impact the overall affordability for some prospective buyers.
- Potential Aging Infrastructure
With the home built in 2000, original systems like the roof or HVAC may be nearing the end of their typical lifespan, potentially requiring future capital expenditure.
About 7470 Chateau Ridge Lane
ALESSANDRO HEIGHTS – HAWARDEN SUMMIT – GATED CHATEAU VIEW ESTATES! Perched on a prime elevated corner lot, this rare single-level home blends modern sophistication with timeless comfort. Once your ascend the driveway and make your way to the welcoming shelter of the front porch you will recognize the serene privacy offered here. Inside, natural light pours through expansive windows, illuminating the soaring ceilings, intricate crown molding, and cozy fireplace of the formal living and dining areas. These spaces are designed to impress yet feel approachable—perfect for hosting or simply unwinding. The open-concept family room is the true heart of the home, featuring a sleek fireplace, built-in media center, and seamless flow into the newly remodeled chef’s kitchen. With its stylish island, updated finishes, and ample workspace, the kitchen is a dream for everyday living and entertaining alike. A separate study offers the versatility to create your ideal home office or private retreat, while the master suite—tucked away at the rear of the home—provides a peaceful sanctuary with ultimate privacy. Step outside and discover your own backyard haven. The meticulously designed landscaping, mature trees, and vibrant gardens frame the show-stopping, fully remodeled pool and spa, creating a resort-like vibe for outdoor lounging and entertaining. Practicality meets luxury with an oversized four-car garage, complete with a workshop area, plus plenty of additional parking on the level driveway. Move-in ready, this home is a rare gem in the prestigious gated community of Chateau View Estates. Here’s your chance to live in one of Alessandro Heights’ most coveted neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 28,314 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 3,337 | 2,016 | 86% |
| Lot Size | 28,314 | 10,454 | 83% |
| Price | $1.40M | $750.0K | 94% |
| Price per sq ft | $420 | $386 | 68% |
| Built year | 2000 | 1969 | 92% |
| HOA | $450.0 | $0 | 98% |
| Days on market | 4 | 184 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,399,900
Initial Listing
Sold
Apr 30, 2021
$1,075,000
Public Record
Sold
Dec 18, 2000
$460,000
Public Record















































