22801 Norbert Street, Lake Mathews, CA 92570
22801 Norbert Street, Lake Mathews, CA 92570
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Mathews · Single Family Residence
Listed 3.8% above the median closed sale of $1,060,000. Price per sqft ($324) is a 20% discount to closed comps ($405). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 14740 Descanso Drive | Lake Mathews | 1975 | 4 | 3 | 3,054 | 111,514 | $306 | $935,000 | 41 | 68 |
| 17720 Copper Queen | Perris | 1989 | 6 | 3 | 4,635 | 81,022 | $237 | $1.10M | 12 | 63 |
| 21798 Ridgedale Drive | Lake Mathews | 1991 | 4 | 2 | 2,190 | 118,919 | $434 | $950,000 | 58 | 53 |
| 20329 Luchs | Lake Mathews | 1989 | 5 | 3 | 3,228 | 90,169 | $349 | $1.13M | 23 | 51 |
| 20948 Onaknoll Drive | Lake Mathews | 2006 | 4 | 4 | 2,836 | 117,612 | $406 | $1.15M | 4 | 49 |
| Total: 5 · Average | 4.6 | 3.0 | 3,188.6 | 103,847.2 | $346.4 | $1.05M | 27.6 | |||
| Median | 3,054 | $1.10M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23140 Western Crest Drive | Lake Mathews | 1995 | 05/19/2026 | 4 | 4 | 2,755 | 93,218 | $1.00M | $1.00M | $363 | 1.00 | 113 | 81 |
| 23100 Rolling Meadows Drive | Perris | 1991 | 05/22/2026 | 4 | 4 | 3,356 | 208,217 | $1.32M | $1.22M | $364 | 0.92 | 87 | 70 |
| 22744 Rolling Meadows | Perris | 1979 | 10/27/2026 | 3 | 3 | 1,987 | 409,464 | $1.10M | $1.06M | $533 | 0.96 | 144 | 68 |
| 16770 Rocky Glen | Lake Mathews | 1988 | 09/10/2026 | 4 | 4 | 3,491 | 211,266 | $1.03M | $1.02M | $294 | 0.99 | 80 | 65 |
| 16620 Rocky Glen Road | Perris | 1988 | 06/12/2026 | 4 | 2 | 2,600 | 195,584 | $1.15M | $1.23M | $473 | 1.07 | 53 | 63 |
| Total: 5 · Average | 3.8 | 3.4 | 2,837.8 | 223,549.8 | $1.11M | $1.11M | $405.4 | — | 95.4 | ||||
| Median | 2,755 | $1.06M | $1.06M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.