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22801 Norbert Street, Lake Mathews, CA 92570

$1.1M3bd · 5ba · 3,400 sqft
Lot 89,734 sqft•Single Family Residence•
Active
•74d on market•MLS# IV-26166032

Property Description

***BEAUTIFUL Single Story Custom Built Home on 2.06 Acres of USABLE Land with Horse Stables & Solar Panels (PAID OFF)*** This Custom Built Spanish Style Home is located in the Highly Desirable Community in Lake Mathews and is 3400 Sq. Ft., 3 Bedrooms (potential for 4 Bedroom), 5 Baths (3 full baths and two 1/2 Baths for a total of 5 Bathrooms, 3 Fireplaces, 3 Car Garage, 3 Stall Mare Hotel, Arenas, Tack & Hay Room, Two Steel Containers, Large and 27 SOLAR PANELS (Paid Off) providing Huge Savings. This is a HORSE ENTHUSIAST DREAM with Riding Trails right off your property and near a Horse Arena Complex and located in the Hills adjacent to Corona. Upon arriving there are shade trees, landscaping, and beautiful flowers in the spring with tons of Usable Land. Step inside to a stunning atrium that fills the home with natural light and serves as the centerpiece of the formal living room, formal dining room, and separate family room. The spacious kitchen offers abundant cabinetry and overlooks the family room and fireplace, creating an ideal space for entertaining. There are two separate dining areas and a wet bar along with 3 Fireplaces. The private primary suite features its own sitting area with fireplace, views of the atrium, a large walk-in closet, and a spacious bathroom with a soaking tub. Two additional oversized bedrooms share a full bath, while the convenient half bath is perfect for guests. Outside, enjoy an expansive covered patio with exposed wood beams and beautiful mountain views. Equestrian amenities include three covered mare stalls with outdoor runs and arenas, tack & hay room and two steel storage containers. The best part is the property also includes 27 SOLAR PANELS (PAID OFF) providing outstanding energy efficiency and low utility costs. With plenty of room to build a pool, spa, RV garage, guest house, barn, or additional amenities, this versatile property offers endless possibilities. Conveniently located near Dos Lagos, The Crossings at Corona, shopping, dining, and major freeways. Low tax rate and no HOA.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Stone
Roof
Spanish Tile
City
Lake Mathews
Zip Code
92570
County
Riverside
Listed byKJ Realty Group Inc., KARI L JANIKOWSKI

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,562.20
Principal & Interest
Loan Amount
$880,000
Total Interest
$1,122,391
Total Payment Over 30 Years
$2,002,391
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

Luxury Tier · 5 active · 4 closed

22801 Norbert Street, Lake Mathews, CA 92570

Lake Mathews · Single Family Residence

$1.1M
Luxury Tier
Beds
3
Baths
5
Sqft
3,400
Lot
2.06 ac
Year
1988
$/Sqft
$324
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 3-car✓

Listed 11.1% below the median closed sale of $1,237,500. Price per sqft ($324) is a 14% discount to closed comps ($377). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.10M· $324/sqft
Total list price
Closed comps
vs closed median $1.45M
−$350K (−24.1%)
Active comps
vs active median $1.35M
−$250K (−18.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $356
−$32 (−8.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
14740 Descanso DriveLake Mathews1975433,054111,514$309$944,4752084
14710 Burwood DriveLake Mathews2002554,29296,268$366$1.57M21876
23841 PiedrasLake Mathews2004744,07083,200$332$1.35M13974
20948 Onaknoll DriveLake Mathews2006442,836117,612$406$1.15M6657
20881 MandevilleLake Mathews1994534,030111,078$366$1.48M10955
Total: 5 · Average5.03.83,656.4103,934.4$355.8$1.30M110.4
Median4,030$1.35M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23140 Western Crest DriveLake Mathews199505/19/2026442,75593,218$1.00M$1.00M$3631.0011280
17320 High Country CircleLake Mathews200009/15/2026563,805104,979$1.50M$1.47M$3850.985177
16770 Rocky GlenLake Mathews198809/10/2026443,491211,266$1.03M$1.02M$2940.997964
19950 OnaknollLake Mathews196009/16/2026453,11099,752$1.50M$1.45M$4660.976964
Total: 4 · Average4.34.83,290.25127,303.75$1.24M$1.24M$377—77.75
Median3,491$1.45M$1.45M

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.