40520 Lake Riverside Dr

1,630 Sq. Ft.
$328 / Sq. Ft.
1,630
Sq. Ft.
$328
per Sq. Ft.

Description

Check out this beautiful custom-built home on 2.65 in exclusive Lake Riverside Estates. Nestled in the foothills of the stunning Cahuilla Mountain, this community is suited for equestrians, boaters, and pilots. You'll enjoy the miles of walking and riding trails with direct access to the National Forest. The lighted, private airstrip allows you the freedom to fly at a moment's notice, and the private 55-acre lake is perfect for watersports including boating, sailing, kayaking and fishing. Located...Check out this beautiful custom-built home on 2.65 in exclusive Lake Riverside Estates. Nestled in the foothills of the stunning Cahuilla Mountain, this community is suited for equestrians, boaters, and pilots. You'll enjoy the miles of walking and riding trails with direct access to the National Forest. The lighted, private airstrip allows you the freedom to fly at a moment's notice, and the private 55-acre lake is perfect for watersports including boating, sailing, kayaking and fishing. Located in the center of all beautiful community is an amazing opportunity: A large 3bedroom, 2 bath home with over 1600 square feet of living space. You'll enter into a large living room with direct access to the sunny kitchen. There is a downstairs office that could easily be converted to a 4th bedroom. Also downstairs is a recently updated bath, and indoor laundry room. Upstairs are 3 roomy bedrooms, including a spacious owners suite with private bath. The other 2 bedrooms share a remodeled hall bath. Outside you'll love the fully fenced lot, the covered patio, and sweeping views. The level lot is ready for you to bring in corrals, an ADU, or whatever you can imagine. Enjoy the lifestyle this community offers: swimming pool, tot lot, community arena, and holiday events for the little ones. This home has an assumable FHA Loan at 4.75% and also qualifies for a 0 down USDA loan. Call for details and plan your visit today!
  1. Listed by Liane Thomas • DRE #01704162 • Brokerage DRE #02025297 • Alta Realty Group • 951-454-3805

Property Details for 40520 Lake Riverside Drive

View
Hills
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1630
LISTING UPDATED: 02/25/2026 04:14 AM

Property Details for 40520 Lake Riverside Drive

StatusActive
MLS #IG26027139
Days on Market23
Taxes-
HOA Fees$165 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1990
Lot Size2.65 AC / 115,434 SF
CountyRiverside County

Location

Listing Courtesy of Alta Realty Group, Liane Thomas, DRE #01704162
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Building Information for 40520 Lake Riverside Drive

Stories2Year Built1990Building Size-Lot Size2.65 AC / 115,434 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$3,271 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,607

Property Taxes

$499

HOA Dues

$165

The Payment Calculator is for illustrative purposes only.

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Property Information for 40520 Lake Riverside Drive

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 3925
  • CFD/Mello-Roos Fee: $249
  • Tax Lot: 121
Community / Development
Community / Development
  • Association Amenities: Horse Trails, Dock, Pool, Barbecue, Clubhouse, Outdoor Cooking Area
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Watersports, Horse Trails, Rural, Hiking, Fishing
  • Complex Name: Lake Riverside Estates
  • Complex Features: Horse Trails
  • Association Name: Lake Riverside Estates
  • Association Phone: 951 763-4192
Property / Structure Info
Interior Features
  • Appliances: Electric Oven
  • Equipment: Electric Oven
  • Room Type: Primary Bedroom, All Bedrooms Up, Living Room, Primary Bathroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Bedroom Features: All Bedrooms Up
  • Eating Area: Family Kitchen
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: Pellet Stove
  • Fireplace Rooms: Pellet Stove
  • Fireplace: Pellet Stove
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Structures: Horse Allowed, Horse Facilities, Rural
  • Structure Type: House
  • Other Structures: Horse Allowed, Horse Facilities, Rural
  • Miscellaneous: Horse Allowed, Horse Facilities, Rural
  • View Description: Hills
  • Pool Features: Association, Community
  • Pool Description: Association Pool
  • Pool: Association, Community/Common
  • Pool Heat: Association, Community/Common
Land/Lot Info
  • Lot Features: Lot Over 40000 Sqft, Level, Horse Property
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Conventional Septic
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 40520 Lake Riverside Drive

DateEvent & SourcePriceAppreciation
Feb 20, 2026

Price Change

CLAW #IG26027139MR

$535,000—
Feb 20, 2026

Price Change

CRMLS #IG26027139

$535,000—
Feb 19, 2026

Price Change

SDMLS #IG26027139

$535,000—
Feb 5, 2026

Listed (Active)

CLAW #IG26027139MR

$550,000—
Feb 5, 2026

Listed (Active)

SDMLS #IG26027139

$550,000—
Feb 5, 2026

Listed (Active)

CRMLS #IG26027139

$550,000—
May 5, 2022

Sold

SDMLS #HD22035592

$488,000—
May 5, 2022

Sold

CLAW #HD22035592MR

$488,000—
May 5, 2022

Sold

CRMLS #HD22035592

$488,000—
Mar 14, 2022

Sold (Public Record)

Public Record #1489206346

$488,000

+1.3% / yr

Mar 11, 2022

Pending

CRMLS #HD22035592

—
Mar 10, 2022

Pending

CLAW #HD22035592MR

—
Mar 10, 2022

Accepting Backup Offers

CLAW #HD22035592MR

—
Mar 10, 2022

Accepting Backup Offers

CRMLS #HD22035592

—
Mar 10, 2022

Pending

SDMLS #HD22035592

—
Feb 23, 2022

Listed (Active)

CRMLS #HD22035592

$485,000—
Feb 22, 2022

Listed (Active)

SDMLS #HD22035592

$485,000—
Feb 22, 2022

Listed (Active)

CLAW #HD22035592MR

$485,000—
Jul 25, 2006

Sold

CRMLS #T603047

$398,500—
Jul 25, 2006

Sold

CLAW #T603047MR

$398,500—
Jun 26, 2006

Sold (Public Record)

Public Record #199105278

$398,500

+5.8% / yr

Jun 20, 2006

Pending

CLAW #T603047MR

—
Jun 20, 2006

Pending

CRMLS #T603047

—
Feb 14, 2006

Listed (Active)

CLAW #T603047MR

$400,000—
Feb 14, 2006

Listed (Active)

CRMLS #T603047

$400,000—
Aug 23, 2004

Sold

CRMLS #T405206

$359,000—
Aug 23, 2004

Sold

CLAW #T405206MR

$359,000—
Aug 20, 2004

Sold (Public Record)

Public Record #140671160

$359,000—
Jul 2, 2004

Pending

CLAW #T405206MR

—
Jul 2, 2004

Pending

CRMLS #T405206

—
May 2, 2004

Listed (Active)

CLAW #T405206MR

$359,000—
May 2, 2004

Listed (Active)

CRMLS #T405206

$359,000—
DateEvent & SourcePrice
02/20/2026

Price Change

CLAW #IG26027139MR

$535,000
02/20/2026

Price Change

CRMLS #IG26027139

$535,000
02/19/2026

Price Change

SDMLS #IG26027139

$535,000
02/05/2026

Listed (Active)

CLAW #IG26027139MR

$550,000
02/05/2026

Listed (Active)

SDMLS #IG26027139

$550,000
02/05/2026

Listed (Active)

CRMLS #IG26027139

$550,000
05/05/2022

Sold

SDMLS #HD22035592

$488,000
05/05/2022

Sold

CLAW #HD22035592MR

$488,000
05/05/2022

Sold

CRMLS #HD22035592

$488,000
03/14/2022

Sold (Public Record)

Public Record #1489206346

$488,000

+1.3% / yr

03/11/2022

Pending

CRMLS #HD22035592

—
03/10/2022

Pending

CLAW #HD22035592MR

—
03/10/2022

Accepting Backup Offers

CLAW #HD22035592MR

—
03/10/2022

Accepting Backup Offers

CRMLS #HD22035592

—
03/10/2022

Pending

SDMLS #HD22035592

—
02/23/2022

Listed (Active)

CRMLS #HD22035592

$485,000
02/22/2022

Listed (Active)

SDMLS #HD22035592

$485,000
02/22/2022

Listed (Active)

CLAW #HD22035592MR

$485,000
07/25/2006

Sold

CRMLS #T603047

$398,500
07/25/2006

Sold

CLAW #T603047MR

$398,500
06/26/2006

Sold (Public Record)

Public Record #199105278

$398,500

+5.8% / yr

06/20/2006

Pending

CLAW #T603047MR

—
06/20/2006

Pending

CRMLS #T603047

—
02/14/2006

Listed (Active)

CLAW #T603047MR

$400,000
02/14/2006

Listed (Active)

CRMLS #T603047

$400,000
08/23/2004

Sold

CRMLS #T405206

$359,000
08/23/2004

Sold

CLAW #T405206MR

$359,000
08/20/2004

Sold (Public Record)

Public Record #140671160

$359,000
07/02/2004

Pending

CLAW #T405206MR

—
07/02/2004

Pending

CRMLS #T405206

—
05/02/2004

Listed (Active)

CLAW #T405206MR

$359,000
05/02/2004

Listed (Active)

CRMLS #T405206

$359,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40520 Lake Riverside Drive

Taxable ValueLand$389,347Additions$128,520Total$517,867
Tax Record2025$5,984 ($499 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,630 SqFtAbove Grade Finished SqFt1,630 SqFtStories2Lot Size115,434 SqFtStyleSingle Family ResidenceYear Built1990ZoningR1CountyRIVERSIDEAPN584-060-003Fireplace TypeHas Fireplace

Schools near 40520 Lake Riverside Drive

This home is within Hemet Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Mcsweeny Elementary School
PublicK to 5

Diamond Valley Middle School
Public6 to 8

West Valley High School
Public9 to 12

Cottonwood Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

40520 Lake Riverside Drive is a single family home for sale in Aguanga, CA 92536. This property was listed for sale on February 5, 2026 by Alta Realty Group, it's currently listed at $535,000. It has been on the market for a total of 23 days and was last sold on May 5, 2022. This listing's school district is Hemet Unified School District. Nearby schools include Mcsweeny Elementary School, Diamond Valley Middle School and West Valley High School. 40520 Lake Riverside Drive is a 3-bed, 2-bath, 1,630 sqft single family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alta Realty Group, Liane Thomas, DRE #01704162

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.