Lake Mathews Homes under $1.25 million

Lake Mathews Homes under $1.25 million

Welcome to Lake Mathews, a hidden gem nestled in Riverside County, California. This picturesque community is renowned for its serene landscapes, stunning views, and a relaxed lifestyle that perfectly balances nature and suburban living. Just a short drive from the bustling cities of Riverside and Corona, Lake Mathews offers residents the best of both worlds: the tranquility of a rural setting and the convenience of urban amenities.

Imagine waking up to the gentle sounds of nature, with the sun rising over the expansive lake that gives this area its name. Lake Mathews is not just a beautiful backdrop; it also offers a variety of recreational activities, from hiking and biking to fishing and picnicking along the shores. The area is surrounded by rolling hills and lush greenery, making it a perfect escape for outdoor enthusiasts and families alike.

For those seeking a new home, Lake Mathews presents an exciting opportunity with a diverse selection of properties available for under $1.25 million. Whether you’re looking for a cozy single-family home or a spacious estate with breathtaking views, you’ll find options that cater to various tastes and lifestyles. Many homes in this price range feature modern amenities, expansive yards, and easy access to the lake and surrounding parks.

In Lake Mathews, you’ll not only find a home but a vibrant community that fosters a sense of belonging. With its friendly neighbors and a strong community spirit, this charming area is the perfect place to settle down and create lasting memories. Come explore Lake Mathews and discover the ideal blend of comfort, beauty, and opportunity!

Newest Lake Mathews Homes under $1.25 million

20329 Luchs, Lake Mathews
$1,125,000
5 Beds ⋅ 3 Baths ⋅ PT26220073 MLS ⋅ Active Status
Located in beautiful Lake Matthews, this unique 5-bedroom, 3-bathroom property sits on just under 3 acres of land with beautiful views of Lake Matthews and plenty of room to spread out. Designed with flexibility in mind, the home offers a lower-level mother-in-law’s quarters with a separate keyed entry, private deck, full bathroom, separate living room, and kitchenette, making it a great option for multigenerational living or accommodating guests. The property also features coffered ceilings in most rooms, a dedicated safe room/gun vault/panic room, and subterranean storage that could be used for additional storage or transformed into a wine cellar. Outside, you’ll find enclosed RV/ATV parking and an additional 3-car garage, providing plenty of room for vehicles, recreational equipment, and storage. Whether you’re looking for space for extended family, enjoy outdoor recreation, or simply want a little more privacy and room to breathe, this property offers a range of possibilities. Additional features include solar panels, a septic system, and placement within Norco Unified School District.

20329 Luchs, Lake Mathews
14740 Descanso Drive, Lake Mathews
$944,475
4 Beds ⋅ 3 Baths ⋅ IV26206796 MLS ⋅ Active Status
Experience the space, privacy, and freedom of country living without giving up convenient access to the city. Tucked into the sought-after Lake Mathews foothills, this distinctive equestrian property offers an exceptional combination of panoramic views, thoughtfully designed horse amenities, and a custom home surrounded by usable land. Positioned on a spacious corner lot, the residence sits above the surrounding landscape, creating a private setting with sweeping vistas of the mountains, lake, hills, and distant city lights. Multiple outdoor areas allow you to take in the scenery throughout the day, from peaceful mornings to spectacular evening sunsets. For the equestrian enthusiast, the property is equipped to accommodate both horses and hobbies. The horse facilities are thoughtfully separated from the main residence and include stalls, a tack room, a dedicated second garage, a separate corral, and an expansive lighted arena designed with barrel racing in mind. The home itself offers an inviting blend of comfort and character. Vaulted ceilings, hardwood and ceramic tile flooring, French doors, and custom wrought-iron details create an open yet distinctive interior. Two wood-burning fireplaces—including one in the primary suite—add warmth and ambiance. The spacious primary bedroom takes full advantage of the setting with beautiful views, a large walk-in closet, and a private balcony where the city lights become part of the evening backdrop. A lower-level bedroom and full bathroom provide flexibility for guests, multigenerational living, or a private office space. Step outside and discover even more opportunities to enjoy the property. Front and rear balconies provide multiple vantage points for taking in the surrounding scenery, while a welcoming patio with a fountain creates a charming outdoor gathering space. Raised garden beds offer the opportunity to grow fresh herbs, vegetables, and flowers, while a dedicated chicken coop adds to the property's country-living appeal. Extensive fenced grounds and a detached storage shed provide additional space for animals, equipment, hobbies, and outdoor projects. All of this is set in a peaceful foothill environment that feels wonderfully removed from the hustle and bustle, while remaining conveniently close to Riverside and Corona. This is a property where the possibilities are as expansive as the views.

14740 Descanso Drive, Lake Mathews
21798 Ridgedale Drive, Lake Mathews
$950,000
4 Beds ⋅ 2 Baths ⋅ OC26194140 MLS ⋅ Active Status
Immerse Yourself in Serenity! Ranch-Style Living with Breathtaking Views, Imagine waking up to panoramic water and mountain vistas from your stunning 4-bedroom ranch nestled in the tranquil hills above Lake Mathews. This 2.7-acre property offers the perfect blend of privacy and convenience, with easy access to I-15 and I-215 freeways. Embrace the California lifestyle on your expansive flagstone patio, surrounded by professional landscaping featuring decorative boulders and drought-tolerant plants. Citrus trees grace the property, offering a taste of the good life. Step inside to an open floor plan bathed in natural light. The chef's kitchen boasts ample counter and storage space, while beautiful custom tile flooring flows seamlessly throughout the home. Beat the summer heat with refreshing breezes wafting off Lake Mathews, or cozy up by the energy-efficient Lopi Pellet fireplace for cost-effective winter warmth. This entertainer's paradise offers a spacious outdoor area, perfect for hosting gatherings or simply soaking in the tranquility of nature. The property includes covered storage for your RV or boat, with additional space provided by a 20’x10’ shed. Don't miss this opportunity to own a piece of paradise! Contact us today for a private showing.

21798 Ridgedale Drive, Lake Mathews
22801 Norbert Street, Lake Mathews
$1,100,000
3 Beds ⋅ 5 Baths ⋅ IV26166032 MLS ⋅ Active Status
***BEAUTIFUL Single Story Custom Built Home on 2.06 Acres of USABLE Land with Horse Stables & Solar Panels (PAID OFF)*** This Custom Built Spanish Style Home is located in the Highly Desirable Community in Lake Mathews and is 3400 Sq. Ft., 3 Bedrooms (potential for 4 Bedroom), 5 Baths (3 full baths and two 1/2 Baths for a total of 5 Bathrooms, 3 Fireplaces, 3 Car Garage, 3 Stall Mare Hotel, Arenas, Tack & Hay Room, Two Steel Containers, Large and 27 SOLAR PANELS (Paid Off) providing Huge Savings. This is a HORSE ENTHUSIAST DREAM with Riding Trails right off your property and near a Horse Arena Complex and located in the Hills adjacent to Corona. Upon arriving there are shade trees, landscaping, and beautiful flowers in the spring with tons of Usable Land. Step inside to a stunning atrium that fills the home with natural light and serves as the centerpiece of the formal living room, formal dining room, and separate family room. The spacious kitchen offers abundant cabinetry and overlooks the family room and fireplace, creating an ideal space for entertaining. There are two separate dining areas and a wet bar along with 3 Fireplaces. The private primary suite features its own sitting area with fireplace, views of the atrium, a large walk-in closet, and a spacious bathroom with a soaking tub. Two additional oversized bedrooms share a full bath, while the convenient half bath is perfect for guests. Outside, enjoy an expansive covered patio with exposed wood beams and beautiful mountain views. Equestrian amenities include three covered mare stalls with outdoor runs and arenas, tack & hay room and two steel storage containers. The best part is the property also includes 27 SOLAR PANELS (PAID OFF) providing outstanding energy efficiency and low utility costs. With plenty of room to build a pool, spa, RV garage, guest house, barn, or additional amenities, this versatile property offers endless possibilities. Conveniently located near Dos Lagos, The Crossings at Corona, shopping, dining, and major freeways. Low tax rate and no HOA.

22801 Norbert Street, Lake Mathews
20831 Mandeville, Lake Mathews
$750,000
3 Beds ⋅ 2 Baths ⋅ OC26138749 MLS ⋅ Active Status
Amazing Lake Mathews Views on 3.37 Acres! This three-bedroom, two-bath home offers breathtaking views of Lake Mathews and endless possibilities. The true value lies in the land, making it an exceptional opportunity for buyers seeking space, privacy, and potential. The expansive property provides ample room for a horse ranch, barn, corrals, workshop, garage, ADU(s), and more. The existing home offers plenty of potential for renovation and customization, while the acreage creates opportunities for a family compound, multi-generational living, or an income-producing property. Priced to attract the right buyer, this unique property is packed with possibilities and ready for your vision. Don't miss this rare opportunity to own acreage with stunning views and unlimited potential.

20831 Mandeville, Lake Mathews
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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