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$775,000
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Property Description
ALESSANDRO HEIGHTS - **MONTECITO**Welcome to Riverside's premier gated community, an exclusive custom home enclave perched at the summit of Overlook Parkway. This exceptional homesite offers breathtaking 180-degree views, showcasing the rolling hills of the surrounding neighborhood, glittering city lights, and majestic mountain vistas.
Spanning over an acre with a generously sized finished pad, this lot is ready for you to design and build the home of your dreams. All essential utilities are in place, including city sewer, water, electricity, gas, telephone, and cable TV. The community's CCRs require a minimum of 4,000 square feet of living space, ensuring a neighborhood of stately residences.
Surrounded by recently developed estates valued at over $6 million, this is a rare opportunity to craft your own private retreat in one of Riverside's most coveted hillside settings. Don't miss your chance to create something truly extraordinary!
Full Property Details
Full Property Details for 7478 Via Montecito
General
- Price: $775,000
- HOA FEE: $250/month
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: IV25276963
- Updated: 1/2/2026
- Days on Market: 35 days
- Added to Site: 35 day(s) ago
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Overlook Parkway east of Washtington Street to right on Via Montecito through the gate
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Lot Features
- Property View: City Lights, Hills, Neighborhood
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609
- Lot Size Source: Assessor
- Present Use: Residential
- Potential Use: Residential
- Cleared: Pad
- Zoning: RC
- Lot Description: Curbs, Gutters, Storm Drains, Street Lights, Suburban
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $16.63
- Association Fee: $250
- Assoc Fee Freq.: Monthly
Listed by Compass, BRAD ALEWINE
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Schools
Schools serving 7478 Via Montecito
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Riverside, CA 2760 Jane Street, Riverside, CA 92506 | K-6 | 1.6 mi |
Matthew Gage Middle School 6400 Lincoln Avenue, Riverside, CA 92506 | 7-8 | 1.8 mi |
Polytechnic High School, Riverside, CA 5450 Victoria Avenue, Riverside, CA 92506 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7478 Via Montecito
Date
Details
Price
Change
Source
12/16/2025
Listed
$775,000
-3.12%
MLS
2/05/2024
Sold
$800,000
—
Public Record
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
Tax History for 7478 Via Montecito
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,115
16%
$816,000
14%
2024
$7,874
243%
$714,000
255%
2023
$2,296
2%
$201,210
2%
2022
$2,255
1%
$197,265
2%
2021
$2,236
1%
$193,398
1%
2020
$2,220
2%
$191,415
2%
2019
$2,179
2%
$187,662
2%
2018
$2,137
2%
$183,983
2%
2017
$2,100
7%
$180,376
2%
2016
$1,968
1%
$176,840
2%
2015
$1,941
1%
$174,185
2%
2014
$1,924
—
$170,774
—
2013
$1,916
—
$170,003
—
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
Estimate the Cost for 7478 Via Montecito
7478 Via Montecito, Riverside, CA 92506 (MLS# IV25276963) is a Lots/Land property with a lot size of 1.0700 acres. 7478 Via Montecito is currently listed for $775,000 and was received on December 16, 2025. Want to learn more about 7478 Via Montecito? Do you have questions about finding other Lots/Land real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

