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21798 Ridgedale Drive, Lake Mathews, CA 92570

$950K4bd · 2ba · 2,190 sqft
Lot 118,919 sqft•Single Family Residence•
Active
•38d on market•MLS# OC-26194140

Property Description

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.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Lake, Mountain(s)
City
Lake Mathews
Zip Code
92570
County
Riverside
Listed byColdwell Banker Realty, Michael Douglas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,803.72
Principal & Interest
Loan Amount
$760,000
Total Interest
$969,338
Total Payment Over 30 Years
$1,729,338
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 3 active · 3 closed

21798 Ridgedale Drive, Lake Mathews, CA 92570

Lake Mathews · Single Family Residence

$950K
Residential Tier
Beds
4
Baths
2
Sqft
2,190
Lot
2.73 ac
Year
1991
$/Sqft
$434
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 5.4% below the median closed sale of $1,004,000. Closed comps sold at 92% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 195 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $950K· $434/sqft
Total list price
Closed comps
vs closed median $1.00M
−$54K (−5.4%)
Active comps
vs active median $1.15M
−$200K (−17.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $420
+$14 (+3.3%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
20831 MandevilleLake Mathews1975322,226146,797$337$750,00010875
20948 Onaknoll DriveLake Mathews2006442,836117,612$406$1.15M6669
19217 IdaleonaLake Mathews2001322,612297,950$517$1.35M5161
Total: 3 · Average3.32.72,558187,453$420$1.08M75
Median2,612$1.15M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
19310 Ann WayLake Mathews200110/06/2026422,180786,694$1.00M$850,000$3900.8535281
20705 OnaknollLake Mathews197607/01/2026422,382115,434$999,880$1.00M$4211.0013780
21260 RidgedaleLake Mathews197805/07/2026442,42183,200$1.20M$1.10M$4540.929571
Total: 3 · Average4.02.72,327.667328,442.667$984,666.667$984,666.667$421.667—194.66666666666666
Median2,382$1.00M$1.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.