40520 Lake RiversideAguanga, CA 92536

Single Family · 3 Beds · 2 Full Baths · 1,630 Sq. ft. | 2.65 Acres
$499,999 Active

40520 Lake Riverside Overview

Time on Site:
144 days
Visits:
0

Buy this home with $60K down and assume the existing FHA loan locked in at 4.75%! 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. USDA 0 down available! Call for details and plan your visit today!

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40520 Lake Riverside Facts & Features

  • Type Single Family
  • Sq. ft. 1,630
  • Price/Sq.ft. $307
  • Lot 2.65 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Dock,Horse Trails,Outdoor Cooking Area,Barbecue,Pool
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Riverside Estates
  • Association: Yes
  • Common Interest: Planned Development

School Information

  • School District: Hemet Unified

Listing Information

  • Contingency: none, show and sell!

Building Information

  • New Construction: No
  • Year Built: 1990

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: SRCAR - Southwest Riverside County
  • Postal City: AGUANGA

Community/Development

  • Community Features: Fishing,Hiking,Horse Trails,Rural,Water Sports,Pool

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Conventional,USDA Loan
  • Parcel Number: 584060003
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Appliances: Electric Oven
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front
  • Fireplace Features: Pellet Stove
  • Fireplace: Yes
  • Interior Features: Eat-in Kitchen,All Bedrooms Up
  • Laundry Features: Laundry Room
  • Levels: Two
  • Living Area: 1630.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Horse Property,Lot Over 40000 Sqft,Level
  • Lot Size Acres: 2.65
  • Lot Size Area: 115434.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 115434.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Well

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: No
    • Structure Type: House

    General Information

    • Fencing: Chain Link
    • Horse Amenities: Riding Trail
    • Horse: Yes
    • Number Of Units Total: 1
    • Pool Features: Community,Association
    • Pool Private: No
    • Sewer: Septic Tank

    40520 Lake Riverside Neighborhood

    Community

    92536 (AGUANGA) Demographics

    49
    Median Age
    21
    Population Density (per sq. mile)
    34%
    College Educated
    $48,182
    Estimated Median Income
    812
    Estimated Total Home Owners
    170
    Estimated Total Renters
    83% / 17%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    40520 Lake Riverside Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    40520 Lake Riverside Market Data

    Based on the last 30 days in this zip code

    $591,242
    Average List Price
    $305
    Average Price per Square Foot
    6
    Properties Sold
    68
    Average Days on Market
    47
    Properties for Sale
    Calculations provided by Reliance Network

    40520 Lake Riverside History

    Date Event Value Agent
    4/16/2026Source: CRMLS Price Reduction
    $499,999 -2.0%
    4/3/2026Source: CRMLS Price Reduction
    $510,000 -2.9%
    3/4/2026Source: CRMLS Price Reduction
    $525,000 -1.9%
    2/20/2026Source: CRMLS Price Reduction
    $535,000 -2.7%
    2/5/2026Source: CRMLS Added to Database
    February 05, 2026
    Listing provided courtesy of Alta Realty GroupLiane Thomas- MLS# IG26027139MLS ProviderContact Information: [email protected] - 888-504-5327
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