Lake Mathews Real Estate

Nestled in the picturesque hills of Riverside County, California, Lake Mathews is a hidden gem that offers a unique blend of natural beauty and serene living. This charming community is centered around the stunning Lake Mathews Reservoir, which serves as a vital water source for the region while providing residents with a tranquil backdrop for outdoor activities.

With its rolling hills, lush landscapes, and vibrant wildlife, Lake Mathews is a haven for nature enthusiasts and those seeking a peaceful retreat from the hustle and bustle of city life. The area is known for its hiking trails, birdwatching opportunities, and scenic picnic spots, making it an ideal destination for families and outdoor adventurers alike.

The community is characterized by its friendly atmosphere and a strong sense of belonging, where neighbors become friends and local events foster connections. Residents enjoy the benefits of rural living while being conveniently located just a short drive from the bustling cities of Riverside and Moreno Valley. This perfect balance allows for easy access to shopping, dining, and entertainment, while still providing a serene escape at home.

Lake Mathews is not just a place to live; it’s a lifestyle. With its stunning views, abundant recreational opportunities, and a close-knit community, it’s no wonder that this area is becoming increasingly sought after by homebuyers looking for a slice of paradise in Southern California. Whether you’re dreaming of a cozy home with lake views or a spacious property with room to roam, Lake Mathews has something for everyone. Discover the charm of this enchanting community and make it your next home!

Newest Listings in Lake Mathews

$590,000

IV26231042 MLS ⋅ Active Status

Rare opportunity in the desirable Lake Mathews area: a nearly 3-acre lot featuring a large, fully graded pad (approximately 1.5–2 acres) that is ready for construction. Approved building plans are available (plans will require upgrades). A private well has already been drilled, capped, and is ready for pump installation, offering strong potential for off-grid or self-sufficient living. An additional 0.75+ acres of usable land is ideally suited for a private farm, orchard, or hobby agricultural use—perfect for avocados, citrus, berries, or small livestock, if desired. Ample space remains for an RV garage, horse facilities, guest quarters, or other outbuildings. The rural setting offers mountain views and is surrounded by custom-built homes. Enjoy a peaceful, tranquil lifestyle with convenient freeway access to the I-15, 91, and 215, and easy reach to dining and shopping at The Crossings and Dos Lagos in Corona. Served by the Corona-Norco Unified School District. You must come take a look at this lot to truly appreciate it! Hurry and make an offer today!

14735 Descanso Drive, Lake Mathews

$439,000

IV26231933 MLS ⋅ Active Status

***INCREDIBLE LAKE VIEW AND USABLE LAND*** LAKE MATHEWS ESTATES IS THE BEST KEPT SECRET IN SOUTHERN CALIFORNIA with MASSIVE LAKE VIEWS. This unimproved 2.53 Acres Lot has a fully permitted ROUGH GRADED PAD and WELL with the most Stunning Views of the LAKE and MOUNTAIN range. The property has lots of usable land and is the perfect spot ready to Build your Dream Home, Massive Garage, Horse Facilities or a Guest Home. This lot is surrounded by Beautiful Custom Homes and has the most Amazing Sunsets you will ever experience!!! Don't miss out as there are very few remaining lots available to build on in Lake Mathews with full Lake Views and Usable Land. Lake Mathews is such a peaceful and tranquil area located on the edge of Riverside and Corona with easy access to the I-15, 91 and 215 Freeways. The best Dining and Entertainment is 10 minutes away at The Crossings and Dos Lagos in Corona. Low Tax Rate, NO HOA and Corona Unified School District.

15718 Williams Court, Lake Mathews

$16,500,000

SW26229628 MLS ⋅ Active Status

1465 Acres on Lake Mathews Drive with approximately 4000 feet frontage, please see parcel maps being sold together, or can seperate 800 acres out. This property has a recently expired Tenative Tract Maps for many homes, but can be tweeked for more mixed use! This land is mostly flat, grassy, beautiful by the lake and across the street from forever open beautiful spaces! There is also forever open spaces around the lake, it would be perfect for a beautiful exclusive mixed use project, homes or a huge forever ranch or farm family compound, the potential is endless! A real treasure! You can entitle and sell off also portions you don't need also! Great investment!

Lake Mathews Drive, 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

$165,000

IG26215291 MLS ⋅ Active Status

** 2.78 ACRES OF VACANT LAND WITH A PEEKABOO VIEW OF BEAUTIFUL LAKE MATHEWS! **HURRY MAKE YOUR OFFER AND OPEN ESCROW BEFORE IT'S TOO LATE** SURROUNDED BY MILLION DOLLAR PROPERTIES**WATER AND POWER NEARBY PLUS WATER RIGHTS TO DRILL YOUR OWN WELL. A GREAT PLACE TO BUILD YOUR DREAM HOME!! RURAL LIVING AT ITS BEST AND YET CLOSE TO THEATRES, RESTRAUNTS AND SHOPPING. EXCELLENT CORONA NORCO SCHOOL DISTRICT.

20879 Lockford Court, Lake Mathews

$490,000

IG26195349 MLS ⋅ Active Status

Looking for land to build your dream home? This spacious 1.97-acre corner lot in Lake Mathew Estate is located very close to the lake and offers an exciting opportunity for a future single-family residence. Enjoy the potential for space, privacy, and outdoor living in a beautiful Southern California setting.

14161 Grande Vista, Lake Mathews

$899,000

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

$325,000

OC26197876 MLS ⋅ Active Status

EXCEPTIONAL 3.49-ACRE OPPORTUNITY in Lake Mathews with R-A (Residential Agricultural) zoning and a broad range of potential uses. This versatile parcel may be well suited for a CUSTOM SINGLE-FAMILY RESIDENCE, agricultural or hobby-farm use, greenhouse or crop cultivation, and other residential-agricultural concepts permitted under the zoning. Qualifying ACCESSORY RESIDENTIAL USES may also be possible, subject to applicable County and State requirements. The property offers substantial lot dimensions, a LARGE CONCEPTUAL BUILDABLE AREA, and flexibility for thoughtful site planning and future development. Additional uses may be available through further approvals or conditional-use permitting. An appealing opportunity for an OWNER-USER, BUILDER, DEVELOPER, or INVESTOR seeking a sizeable parcel with versatility, development potential, and LONG-TERM VALUE in the Lake Mathews area. Buyer to independently verify zoning, allowable uses, access, utilities, setbacks, development standards, and all permitting requirements with Riverside County and applicable agencies.

Lake Mathews, 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

$1,350,000

3 Beds ⋅ 2 Baths ⋅ PW26183963 MLS ⋅ Active Status

Exceptional Gavilan Hills Ranch Estate | 6.84 Acres | Unobstructed 180° Views. Discover the rare opportunity to own a private Gavilan Hills ranch estate where breathtaking views, resort-style amenities, equestrian facilities, and extraordinary space for your passions come together on 6.84 acres. Perched to capture unobstructed 180° vistas across the valley, the property comes alive at night with spectacular city lights stretching across the horizon. The custom Southwestern-style single-story residence offers 2,612 square feet of with an inviting open-concept design, 3 bedrooms, and 2 baths. Thoughtful features include an owned solar PV system, 2 fireplaces, 2 commercial-grade HVAC systems, a 3 year old roof, and 4-car garage. Step outside and discover your own private retreat. The resort-inspired grounds feature a sparkling pool with expansive entertaining deck, spa, fire pit, playset, mature fruit trees, all surrounded by sweeping views and abundant privacy. Whether hosting friends, enjoying a quiet evening under the stars, or taking in the city lights, the outdoor spaces are designed to be enjoyed year-round. Equestrian enthusiasts will appreciate the property's horse facilities, including a 2-stall barn with tack room, a 3-stall mare motel equipped with electricity and water and 4 additional stalls with exercise area. Add a larger arena as you have the space to create a truly customized equestrian setup. For car enthusiasts, contractors, collectors, or hobbyists, the possibilities are equally impressive. The property features a large metal building with vehicle lift, added covered garage for large equipment, huge yard, two steel storage containers, shed, and abundant space for RVs, boats, vehicles, and equipment. Whether you're building a collection, pursuing a passion, or simply need room to spread out, this property delivers. Secondary potential street-access provides flexibility for future expansion and development opportunities. Nearby Hartford Springs Park offers approximately 325 acres of riding, hiking, and biking trails, while the property's convenient location keeps city amenities just minutes away. This is more than a home—it’s a rare lifestyle property offering privacy, panoramic views, recreation, equestrian amenities, and room for virtually every passion. Bring the horses, bring the toys, bring your vision, and experience the extraordinary possibilities of Gavilan Hills only minutes away from the city lights you will enjoy every evening.

19217 Idaleona, Lake Mathews

$1,475,000

5 Beds ⋅ 3 Baths ⋅ IG26131108 MLS ⋅ Active Status

Set behind private gates and surrounded by panoramic views that stretch for miles, including sweeping vistas of Lake Mathews, this custom-built estate offers a rare combination of privacy, luxury, and rural beauty. Sunrise and sunset over gorgeous lake views become part of everyday life here, showcased effortlessly from nearly every room in the home. The 2.55-acre grounds are every bit as extraordinary as the home itself. A private vineyard and orchard paired with manicured grounds accented with custom statuary evokes the tranquility and exclusivity of a private resort. Step through the grand entry into a home that impresses at every turn. The living and dining room showcase dramatic cathedral ceilings, while the generously sized family room, centered around a modern fireplace, offers an inviting space for gathering with family and friends. Expansive windows fill the home with natural light while framing picturesque lake views from virtually every room. The updated and remodeled kitchen, featuring an expansive island, brings the same the same thoughtful design to daily living and to entertaining on a grand scale. The layout offers 5 oversized bedrooms and 3 full bathrooms. Two bedrooms on the main level provide exceptional versatility, easily accommodating guests or serving as a home office or library. The upper-level primary suite is a true retreat, featuring a separate vanity, an elegant sitting area, an oversized walk-in closet, and an expansive private balcony with sweeping lake and mountain views. Two additional bedrooms, each offering generous closet space and scenic vistas, complete the upper level, creating peaceful retreats above the home's main living areas. An oversized 3 car garage with ample space for recreational vehicles make this estate as practical as it is beautiful. Included with the sale is a custom utility vehicle, providing effortless transportation from the garage level to the main floor via the home's side access ramp. Storage is never an issue thanks to abundant space throughout. From the vineyard and orchard to the gated grounds and grand entrance, this exceptional estate has been thoughtfully designed for those who expect the extraordinary. Schedule your private tour today and experience this estate for yourself.

20881 Mandeville, Lake Mathews

$1,999,999

5 Beds ⋅ 7 Baths ⋅ IG26099205 MLS ⋅ Active Status

Nestled within the prestigious Lake Mathews/Gavilan Hills community, this gated custom single-story estate is being offered for the very first time by its original owners. Thoughtfully designed with quality, comfort, and entertaining in mind, this exceptional property offers luxury, privacy, and endless possibilities across 4.89 fully fenced acres with no HOA. The main residence spans approximately 4,876 sqft and features 4 bedrooms, 5.5 bathrooms, plus a possible 5th bedroom or office with built-in Murphy bed. A detached casita/pool room with bathroom adds flexibility for guests or entertaining. Car enthusiasts will appreciate the impressive 7-car garage capacity, plus additional garage space attached to the ADU. The approximately 450 sqft ADU includes its own private 3-car garage. Upgrades throughout include two solar systems, 3 Enphase batteries, Generac 22kw backup generator, dual 5-ton AC units, zoned HVAC, Tesla wall charger, radiant barrier roofing, insulated garage doors, central vacuum system, intercom, built-in speakers, hard-wired alarm system, and Jeld-Wen aluminum windows and doors. The gourmet kitchen is designed for entertaining with built-in Thermador appliances, concrete countertops, butcher block island, Perlick beverage refrigerator with beer taps and keg storage, built-in ice maker, and climate-controlled wine room. A second Perlick refrigerator in the pool room enhances the seamless indoor-outdoor entertaining experience. Outdoor living is a true highlight with a sparkling pool and spa, expansive covered patios, basketball court, and breathtaking panoramic views. Two private electric gated entrances provide both security and convenience, while the fully usable acreage offers ample space for horses, RV parking, additional structures, or future expansion. The property also includes approved plans for an additional 2,532 sqft home with a 1,088 sqft 3-car garage and separate septic system shared with the ADU, creating exceptional compound potential. Additional highlights include 3 fireplaces, including a Napoleon NZ6000 wood-burning fireplace with blower, custom window coverings throughout, owned propane tanks servicing the pool and back house, and extensive built-in infrastructure designed for comfort, efficiency, and long-term reliability. Zoned RA5 Residential Agricultural, this truly rare estate combines luxury living, privacy, and future potential in one extraordinary property.

16420 Rocky Glen Road, 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.

Lake Mathews Real Estate

Newest Listings in Lake Mathews

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