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20948 Onaknoll Drive, Lake Mathews, CA 92570

$1.15M4bd · 4ba · 2,836 sqft
Lot 3 sqft•Single Family Residence•
Active
•5d on market•MLS# IG-26168499

Property Description

Welcome to Lake Mathews Estates. Picturesque home of timeless beauty, elegance, and tranquility, with a view of the Lake, mountains, and city lights. Leave the world behind, enter your private gate, and drive down your tree-lined driveway. Your home offers endless possibilities with 4 bedrooms and an additional 2 bedroom/office/flex rooms accommodating multigenerational families gathering and entertaining spaces, while enjoying spectacular views. Also, the 2.5 acres of the property has a flat pad approximately 250'x50' overlooking the views A home of high-quality design and architectural details, such as high-end flooring and crown moulding. Quality cabinetry, quartz countertops. The careful layout showcases the gorgeous views throughout, surrounded by windows that illuminate each room with natural light. You are greeted by an elegant porch that opens to a grand entrance, soaring ceiling with celestial windows, and a striking winding staircase. Near the entrance is a conveniently located Office/Flex/bedroom offering its own private outdoor entry. Adjacent to the grand entry is a separate cozy family room. Large open floor plan with cathedral ceilings consisting of your Living, dining, and kitchen, with wrap-around windows. The designer kitchen is thoughtfully laid out. Two pantries, one being a large walk-in, an extra-large island with ample storage, seating, and quartz countertops. Quality cabinetry offers ample storage and a custom hood over the stove with a pot filler. There is ample counter space, a farm sink, a coffee bar, and a separate wine bar with a wine chiller. The kitchen opens to a massive dining room, perfect for your family and those special occasions and holidays. Room for a breakfast nook and seating area. Expand your dining and gathering to the Lanai, with seating, dining, and a private bar. The Living room has a warm fireplace. The luxurious primary suite is on the first floor. A retreat to wake up to the exquisite views. It has a custom walk-in closet and private outdoor patio. The upper level consists of a junior on suite, a bed/flex room, and two other bedrooms, each with its own personal sink and storage, sharing a spacious bath. A special feature includes a convenient upstairs second laundry area! The home also includes a first-floor indoor laundry and a spacious three-car garage. The outdoors has a park-like gazebo area perfect for enjoying the top-of-the-world views! Only 10 minutes to Corona.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central, Fireplace(s)
Cooling
Central Air, Dual
View
City Lights, Hills, Lake, Mountain(s)
Flooring
Tile
Roof
Clay
City
Lake Mathews
Zip Code
92570
County
Riverside
Listed byNational Realty Group, Jerry Rotz

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
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 · 5 closed

20948 Onaknoll Drive, Lake Mathews, CA 92570

Lake Mathews · Single Family Residence

$1.15M
Residential Tier
Beds
4
Baths
4
Sqft
2,836
Lot
2.70 ac
Year
2006
$/Sqft
$406
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 13.3% above the median closed sale of $1,015,000. Price per sqft ($406) is a 11% premium to closed comps ($366).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.15M· $406/sqft
Total list price
Closed comps
vs closed median $1.01M
+$135K (+13.3%)
Active comps
vs active median $1.10M
+$50K (+4.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $383
+$23 (+6.1%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
20329 LuchsLake Mathews1989533,22890,169$349$1.13M2374
18570 Halter LaneRiverside1979432,209108,029$475$1.05M15956
22801 Norbert StreetLake Mathews1988353,40089,734$324$1.10M9455
Total: 3 · Average4.03.72,945.66795,977.333$382.667$1.09M92
Median3,228$1.10M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
14010 Scenic ViewPerris200605/22/2026443,95386,249$1.27M$1.26M$3190.9910679
21260 RidgedaleLake Mathews197805/07/2026442,42183,200$1.20M$1.10M$4540.929678
20370 LakeridgePerris197906/25/2026543,571121,097$1.10M$1.01M$2840.926974
20705 OnaknollLake Mathews197607/01/2026422,382115,434$999,880$1.00M$4211.0013873
20785 Villa Knoll DrivePerris197712/05/2025322,79498,010$980,000$980,000$3511.0010164
Total: 5 · Average4.03.23,024.2100,798$1.07M$1.07M$365.8—102
Median2,794$1.01M$1.01M

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.