Lake Mathews Real Estate

Welcome to Lake Mathews, a hidden gem nestled in the heart of Riverside County, California. This serene community is renowned for its picturesque landscapes, tranquil atmosphere, and close-knit community spirit. Surrounded by rolling hills and the stunning backdrop of the Santa Ana Mountains, Lake Mathews offers a unique blend of rural charm and modern convenience.

One of the area’s most captivating features is the stunning Lake Mathews itself, a sprawling reservoir that serves as a popular destination for outdoor enthusiasts. Whether you're into fishing, hiking, or simply soaking in the sun, the lake provides ample opportunities for recreation and relaxation. The surrounding natural beauty is perfect for those who appreciate the great outdoors, with numerous trails and parks to explore.

The community is characterized by its spacious properties and a variety of housing options, making it an ideal location for families, retirees, and anyone seeking a peaceful retreat from the hustle and bustle of city life. With a strong sense of community, residents enjoy local events and gatherings that foster connections and friendships.

Conveniently located just a short drive from the vibrant cities of Riverside and Corona, Lake Mathews offers the perfect balance of tranquility and accessibility. Here, you can enjoy the best of both worlds: the serenity of rural living with the amenities of urban life just moments away.

If you’re searching for a place that combines natural beauty, a welcoming community, and a relaxed lifestyle, look no further than Lake Mathews—a true Riverside County treasure waiting to be discovered.

Newest Listings in Lake Mathews

$350,000

IV26160323 MLS

OWNER FINANCING AVAILABLE. Nestled in the tranquil community of Lake Mathews, this 3.25 acre lot offers breathtaking lake views and is perfectly positioned on a peaceful cul-de-sac. Fully graded and ready for construction, the property comes equipped with an installed water meter, and the permit, design, and perk test for a septic system have already been paid for - saving valuable time and effort in the building process. Available with the sale are beautifully designed custom home plans, featuring nearly 3,400 square feet of living space, 3 spacious bedrooms, 3.5 bathrooms, and a generous 3-car garage. This is a rare opportunity to build your dream estate in a private, picturesque setting while still enjoying convenient access to major freeways, shopping and top rated schools. Please note that there is no home currently on the property.

20653 Mustang Court, Lake Mathews

$2,290,000

4 Beds ⋅ 4 Baths ⋅ IV26147941 MLS

Prestigious Gavilan Hills legacy estate an extraordinary private 9.56 acre estate residence offering panoramic city lights, mountain and hillside views. This exceptional single story residence has been presented as a professionally designed luxury showcase home, reflecting timeless elegance, exceptional craftsmanship, and meticulous attention to detail. Every element has been thoughtfully curated with designer finishes and a complete collection of selected furnishings, artwork, and decor are included in the sale. This remarkable residence features four bedrooms and four bathrooms, including two private ensuite. The open and inviting floor plan provides the perfect balance of comfort, privacy, and sophisticated entertaining. The extraordinary gourmet Kitchen features Thermador double refrigerators, Cafe double ovens, Cafe convection microwave, dual Cafe dishwashers, Custom Cabinetry, designer farm sink, and oversized leather finish quartzite island. The Butler's pantry showcases dual TCL wine chillers and a built in Miele coffee and espresso system, complemented by custom designer lighting throughout. The impressive great room serves as the focal point of the home, featuring a floor to ceiling, full slab leather finish quartzite fireplace surround, creating a dramatic and elegant gathering space. The luxurious primary suite offers a spacious walk in closet, spa inspired steam shower with individual controls, and separate soaking tub. Additional upgrades include white oak flooring, new designer carpet, custom paint, recessed lighting, and an elegant built in glass display cabinet at the entry. Modern conveniences include a whole home Halo water system and (leased) Tesla solar system with storage. The oversized 1,158 sqft. three car garage features premium insulated 9' garage doors and openers, epoxy flooring, LED lighting, and exceptional depth for oversized trucks, luxury SUVs, the list continues. Outdoor living includes front and rear California rooms, a luxurious swim spa, mature fruit trees, and private estate grounds. Plenty of room for the equestrian enthusiast with possible room to build an additional residence and guest home (buyer to verify feasibility and permitted uses with Riverside County). A rare offering where timeless luxury, country serenity, and resort inspired living come together to create one of Southern California's most extraordinary private legacy estates.

17641 Santa Rosa Mine Road, Lake Mathews

$699,000

IG26149119 MLS

LAKE MATTHEWS AWESOME AREA AND AWESOME LOT READY FOR UILDING 1.5 TO 2 ACRES THAT HAS BEEN COMPLETELY GRADED AND READY FOR THE HOME WE ALREADY HAVE APPROVED PLANS FOR. Note plans will have to be upgraded. This lot has 2.75 acres almost 2 acres of it is graded and ready to build on and then there is another more than .75 acres that is ready for your private farm. Avocados, Citrus trees, berries, chickens, goats and anything else. GUESS WHAT THE LOT ALSO HAS A WELL DRILLED AND READY FOR THE PUMP AND OFF THE GRID.

14735 Descanso, Lake Mathews

$1,499,000

4 Beds ⋅ 5 Baths ⋅ SW26146463 MLS

A true private resort unlike anything available in Lake Mathews! Situated on 2.29 acres on one of the area's premier view lots with breathtaking panoramic views of Lake Mathews, this extraordinary estate features an approx. 2,560 sq. ft. 3-bedroom plus office/den main residence and an approx. 550 sq. ft. detached ADU/guest house, offering over 3,100 sq. ft. of combined living space. The remodeled interior showcases vaulted ceilings with exposed wood beams, a chef's kitchen with custom shaker cabinetry, quartz countertops, oversized island, premium stainless steel appliances, professional-grade gas range, designer hood, remodeled laundry room, and a spa-inspired primary bath with a custom walk-in tile shower and frameless glass enclosure. The detached ADU/guest house includes a bedroom, full bath, and kitchenette, making it ideal for multigenerational living, guest accommodations, rental income, or potential Airbnb use. The backyard is an entertainer's dream, highlighted by an approx. 80,000-gallon resort-style pool with an oversized elevated spa, waterfalls, Baja shelves, tanning ledges, illuminated water features, and dramatic fire bowls. The covered pavilion features a grand fireplace, built-in TV, refrigerator, serving bar, and lounge area overlooking the pool and lake. A custom BBQ station, multiple pergolas, covered outdoor dining, lake-view fire pit lounge, private courtyard with water feature, lush lawns, mature landscaping, walking paths, and a custom playground complete this incredible outdoor retreat. An approx. 20' x 70' detached workshop with gated access provides covered space for RVs, boats, collector cars, equipment, hobbies, or a home business. A second workshop, paid solar, Tesla EV charger, expansive concrete parking, and approx. one acre of flat usable land offer endless possibilities for toys, additional structures, equestrian amenities, or another ADU. Located in unincorporated Riverside County, this unique property offers potential for a short-term vacation rental (Airbnb), private retreats, reunions, and special events. Rarely does a property combine panoramic lake views, a detached ADU, resort-style amenities, massive workshop space, usable acreage, and unmatched entertaining into one unforgettable estate.

19950 Onaknoll, Lake Mathews

$799,999

3 Beds ⋅ 2 Baths ⋅ OC26138749 MLS

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

$1,695,000

5 Beds ⋅ 3 Baths ⋅ IG26131108 MLS

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

$1,549,000

5 Beds ⋅ 6 Baths ⋅ IV26136553 MLS

**SPECTACULAR SINGLE STORY ESTATE on 2.41 ACRES with GUEST QUARTERS & MASSIVE STEEL RV GARAGE, BRICK BLDG, AGRICULTURAL WELLS, SWIM SPA & SOLAR** This IMMACULATE Estate is ONE OF A KIND Single Story Main Home (2842 Sq. Ft.) with 3 Car Garage, Guest Quarters (2 Park Models attached by a Foyer, total 963 Sq. Ft. Built by Champion Homes), RV Steel Building (2400 Sq.Ft), Draw Bridge leading to a Brick Building (731 Sq. Ft) with 40k Backup Generator, 2 Agricultural Wells, Chicken Coups & Tons of Usable Land. This Private Estate is situated on 2.41 beautifully landscaped acres, where lush greenery, mature fruit trees, colorful hummingbirds, and abundant wildlife create a bird watcher's paradise. The Main Home has so much Character & Charm featuring 3 Beds, 2.5 Baths, Formal Living & Dining (could be converted to 4th Bedroom). Family room with Dual F/P, Custom Built cabinetry with Vanishing TV, Designer Tile, 2 NEW A/C Units, NEW Central Vac System, Solar (74 panels). The chef-inspired Kitchen showcases custom maple cabinetry with a rich cherry finish, NEW S.S. Appliances including Double Oven & Granite Counters. The Primary Suite is Huge with a Sitting Area, Walk-In Shower, Jacuzzi Tub & Huge Walk-in Closet. There are 2 additional large Bedrooms with Bathroom in middle with Designer tile & Granite Counters and separate Laundry Room too. This Estate is Ideal for multi-generational living, guests, rental income, or a private retreat. The MASSIVE Workshop is perfect for hobbyists, RVs, Car Collectors, Recreational vehicles, Boats, equipment and storage. The best part is there is a hydraulic drawbridge leading to a Brick Building with a 40kw Generator. Two agricultural wells with holding tank support the property's extensive landscaping & Orchard. Outdoor amenities include a massive Pro Swim Spa, expansive grounds for kids to play, lots of Fruit Trees including Apple, Plum and Avocado to name a few. Beautiful Rose Gardens, Fountains and Lush Landscaping make for an amazing place to watch Sunsets. Pride of ownership meets luxury living, guest accommodations, agricultural resources, workshop space and energy-efficient upgrades make this extraordinary Estate a rare opportunity to own one of the area's most unique and versatile properties. Tons of Room to Build a Pool, Spa, Outdoor Bar, Tennis Court, Horse Facilities or anything you can Dream up. Horse Trail riding straight from Home. No HOA, Low Taxes, Close to the Great Restaurants at Dos Lagos in Corona.

17320 High Country Circle, Lake Mathews

$1,100,000

4 Beds ⋅ 4 Baths ⋅ IG26132937 MLS

UNBELIEVABLE THAT THIS PROPERTY HAS NO HOA AND NO MELLO ROOS in an area that has $$MILLION DOLLAR$$ ranch homes that do. THIS IS A VERY UNIQUE SITUATION as the homes just to the east are controlled by CC&RS. Invest in this custom built country home on 4.85 acres that has a wine cellar, swimming pool, 3 car garage and 3491 square feet with 4 bedrooms and 4 bathrooms and is located in the beautiful area of Gavilan Hills in Lake Mathews. Schedule an appointment to experience the amazing quiet serene living where you will enjoy peace and quiet while updating this property that can include an additional home (ADU), a barn and a workshop. Check out the unbelievable views and see the stars at night. Invite your friends and family for weekend events and holidays. This property is priced to sell. Make an offer today. Some photos have been virtually enhanced with AI and are identified to give you an idea of what the possibilities are for this property.

16770 Rocky Glen, Lake Mathews

$2,100,000

5 Beds ⋅ 7 Baths ⋅ IG26099205 MLS

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

$290,000

WS26079109 MLS

This property is a corner lot which is located at Lakeridge Dr. and Multiview Dr. with lake view. It has flat pad ready to build your dream home. There are already houses around the property and this is the only vacate lot on this block. It is close to new constructions on Multiview Dr. The utilities are available from the street. Buyer and buyer's agent to do their own due diligence on all aspects of this property.

Lakeridge Drive, Lake Mathews

$339,000

IV26098597 MLS

***HIGHLY DESIRABLE 2.09 ACRE LOT IN LAKE MATHEWS ESTATES*** This unimproved 2.09 Acre Lot has Stunning Views of Lake Mathews with Panoramic Views!!! This property has amazing views of the Lake and Mountains and is a perfect location to build your Dream 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. Seller may carry papers, call today for all the details.

Lakemont Court, Lake Mathews

$1,399,000

7 Beds ⋅ 4 Baths ⋅ OC26096927 MLS

Exceptional opportunity in desirable Lake Mathews! In an equestrian-oriented community with open space, horse trails, and arena access, 23841 Piedras Rd offers privacy, acreage, views, and lifestyle flexibility on approx. 1.91 acres. Enjoy Southern California country living with wide open skies, panoramic mountain, neighborhood, and trees/woods views, plus convenient access to cities, major freeways, shopping, dining, and amenities. This expansive property features approx. 4,070 sq. ft., with 7 bedrooms and 4 full bathrooms. The main house offers 5 bedrooms and 3 full bathrooms, while the casita/guest house offers 2 bedrooms and 1 full bathroom, creating a versatile layout for living, entertaining, guests, extended family, or multi-use. Most areas have been updated and/or rehabbed prior to listing, creating a move-in-ready feel while allowing room for the buyer’s personal vision. Outdoor living stands out with a heated saltwater in-ground pool and spa, spacious grounds, and usable outdoor areas. The property offers potential for equestrian, agricultural, recreational, storage, or lifestyle uses, subject to buyer verification with the appropriate county and governing authorities. The community setting, horse trails, and arena access add strong appeal for buyers seeking a horse-property lifestyle in Lake Mathews. A major added feature is the rear metal storage building, approx. 45’ x 45’ with approx. 14’ height clearance, offering excellent space for RVs, boats, equipment, vehicles, business inventory, or recreational “toys.” The property also includes three dedicated RV electrical and water hookups, providing additional flexibility for guests, recreational use, or extended living needs, subject to buyer verification. With its acreage, views, pool and spa, equestrian-community setting, RV hookups, large storage building, casita/guest house, and flexible layout, this property presents a unique opportunity to create a private estate, enjoy a rural lifestyle, or invest in a distinctive Lake Mathews property with long-term value. Offered at $1,349,000. Buyer to verify all information to buyer’s satisfaction, including but not limited to square footage, bedroom and bathroom count, main house and casita/guest house configuration, lot size, property boundaries, zoning, permits, condition, HOA, taxes, equestrian amenities, trail/arena access, allowable uses, RV hookups, improvements, and all MLS data. Information is deemed reliable but not guaranteed.

23841 Piedras, Lake Mathews

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.