1238 Matterhorn Dr, Riverside, CA 92506
What's special
Nestled within the exclusive Hillcrest community of Alessandro Heights, this exceptional estate blends sophisticated design with modern luxury and everyday comfort. Built in 2022, this stunning home offers 5 bedrooms, 4 bathrooms and 3,370 square feet of thoughtfully designed living space on an expansive 52,934 sq. ft. lot. The open concept floor plan features soaring ceilings, a chef's kitchen with an oversized quartz island, stainless steel appliances, walk-in pantry, spacious loft and a luxurious primary suite with a spa inspired bath. Enjoy seamless indoor/outdoor living with a covered patio, custom outdoor pavilion with fireplace and plenty of room to add a pool. Energy efficient upgrades including solar panels and a tankless water heater. Located in one of Riverside's most sought after luxury neighborhoods, this exceptional home offers elegance, privacy and modern living at its finest.
- 78 days |
- 688 |
- 44 |
Originating MLS: California Regional MLSTravel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
RACHAEL NOL DRE #01963611 951-848-5188,
NEST REAL ESTATE
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Foyer, Kitchen, Laundry, Loft, Living Room, Office, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Jetted Tub, Quartz Counters, Remodeled, Separate Shower, Tub Shower, Upgraded
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Remodeled, Updated Kitchen, Walk-In Pantry
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Cooktop, Gas Oven, High Efficiency Water Heater, Microwave, Tankless Water Heater
- Laundry: Inside, Laundry Room, Upper Level
Features
- Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Entrance Foyer, Loft, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,370 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Front
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Vinyl
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 1.22 Acres
- Features: Back Yard, Front Yard, Landscaped, Sprinkler System, Yard
Details
- Parcel number: 242350005
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Foundation: Slab
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Foothills, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds
- HOA fee: $211 monthly
- HOA name: Overlook Community Association
- HOA phone: 951-800-8296
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $1,165,958
- Date on market: 7/10/2026
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional,FHA,Submit,VA Loan
- Inclusions: Playset
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $1,299,000-3.7%$385/sqft |
Source:  CRMLS #IV26145943 Report a problem | ||
| 7/10/2026 | Listed for sale | $1,349,000$400/sqft |
Source: CRMLS #IV26145943 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,165,958 +2% |
| 2025 | $16,884 +1.2% | $1,143,097 +2% |
| 2024 | $16,677 -1.4% | $1,120,684 +2% |
| 2023 | $16,921 +120.3% | $1,098,710 +310% |
| 2022 | $7,680 | $268,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,285,600
$1.22M - $1.35M
$4,512/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.