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$525,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,630 Sq. Ft.
  • 2 Car Garage
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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!

Full Property Details for 40520 Lake Riverside

General

  • Price: $525,000
  • HOA FEE: $165/month
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: IG26027139
  • Updated: 3/4/2026
  • Days on Market: 57 days
  • Added to Site: 57 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, All Bedrooms Up, Living Room, Primary Bathroom
  • Fireplace: Yes
  • Fireplace(s): Pellet Stove
  • Eating Areas: Family Kitchen
  • Appliances: Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Individual Room

Additional Information

  • Shared Amenities: Horse Trails, Dock, Pool, Barbecue, Clubhouse, Outdoor Cooking Area
  • Pool Description: Association, Community

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Riverside
  • Driving Directions: Cahuilla to Lake Riverside

School Information

  • School District: Hemet Unified

Community

  • Community Features: Watersports, Horse Trails, Rural, Hiking, Fishing
  • Assoc. Name: LRE

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Conventional Septic
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Entry Location: front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,630
  • Sq. Ft. Source: Assessor
  • Year Built: 1990
  • Year Built Source: Assessor

Lot Features

  • Property View: Hills
  • Lot Size (Acres): 2.65
  • Lot Size (Sq. Ft.): 115,434
  • Lot Size Source: Assessor
  • Lot Description: Lot Over 40000 Sqft, Level, Horse Property
  • Fencing (Description): Chain Link

Financial Considerations

  • Price Per Sq. Ft.: $337.42
  • Association Fee: $165
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by Alta Realty Group, Liane Thomas

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Listing agent

— 40520 Lake Riverside —

  • Liane Thomas

    Alta Realty Group

951-454-3805

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40520 Lake Riverside

School District:Hemet Unified School District
NameGradesDistance
Hamilton Elementary School, Anza, CA
57550 Mitchell Road, Anza, CA 92539
K-58.1 mi
Hamilton High School
57430 Mitchell Road, Anza, CA 92539
6-88 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40520 Lake Riverside Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Price Reduced
$525,000
-1.87%
MLS
2/20/2026
Price Reduced
$535,000
-2.73%
MLS
2/05/2026
Listed
$550,000
12.7%
MLS
3/14/2022
Sold
$488,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40520 Lake Riverside

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,984
2%
$517,867
2%
2024
$5,843
1%
$507,713
2%
2023
$5,783
26%
$497,759
29%
2022
$4,585
17%
$385,070
18%
2021
$3,910
12%
$326,330
12%
2020
$3,480
4%
$291,366
3%
2019
$3,355
6%
$282,880
4%
2018
$3,175
22%
$272,000
23%
2017
$2,605
8%
$221,000
10%
2016
$2,408
-16%
$201,000
-16%
2015
$2,874
38%
$239,000
37%
2014
$2,082
5%
$175,000
5%
2013
$1,990
—
$166,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40520 Lake Riverside

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Alta Realty Group, Liane Thomas

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40520 Lake Riverside, Aguanga, CA 92536 (MLS# IG26027139) is a Single Family property with 3 bedrooms and 2 full bathrooms. 40520 Lake Riverside is currently listed for $525,000 and was received on February 05, 2026. Want to learn more about 40520 Lake Riverside? Do you have questions about finding other Single Family real estate for sale in Aguanga? You can browse all Aguanga real estate or contact a Coldwell Banker agent to request more information.

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