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Sold for $1,275,000
    • Listed by: COMPASS • BRAD ALEWINE • Contact: 951-347-8832
    Bought with: Tower Agency
    $1,275,000

    1268 Las Ventanas Way, Riverside, CA 92508

    5beds
    3,723sqft
    Single Family Residence
    Built in 2003
    1.13 Acres Lot
    $1,270,000 Zestimate®
    $342/sqft
    $4,826 Estimated rent

    Home value

    $1,270,000

    $1.21M - $1.33M

    $4,826/mo

    Zestimate® history
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    What's special

    Perched on a secluded hilltop within the guarded gates of Rancho Valencia, this Alessandro Heights estate offers a rare sense of elevation and privacy. Surrounded by lush citrus groves on an expansive pad, the over 1 acre property boasts what is arguably one of the most premier positions in the entire community. Inside, the home makes a grand impression with soaring ceilings in the foyer and formal living room. The layout is designed for effortless transitions, featuring a dedicated formal dining room and an expansive great room anchored by a fireplace and a chef-inspired island kitchen. With five bedrooms, including a convenient main-level suite, the floor plan is as functional as it is spacious. The primary suite serves as a true sanctuary, complete with a private study and a versatile retreat perfect for a home gym or quiet lounge. The outdoor space is a private oasis designed for the California lifestyle. A pristine pool and spa take center stage, framed by sprawling patio areas and a fully equipped outdoor barbecue kitchen. At the end of the long, private driveway, a generous motor court provides ample space for guests, complemented by gated RV parking. Meticulously maintained and in turnkey condition, this estate is ready for a summer of sophisticated entertaining.

    Zillow last checked:

    Listing updated:

    Listed by:

    BRAD ALEWINE DRE #01104973 951-347-8832,

    COMPASS

    Bought with:

    BRENT LEE, DRE #01292311

    Tower Agency

    LAUREN SAWYER, DRE #01937725

    Tower Agency

    Source: CRMLS,MLS#: IV26136787MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Retreat, Utility Room, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Jetted Tub, Linen Closet, Stone Counters, Remodeled, Separate Shower, Upgraded, Vanity
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Built-in Trash/Recycling, Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Stone Counters, Remodeled, Updated Kitchen, Walk-In Pantry
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central, Forced Air, Natural Gas, Zoned
    Cooling
    • Central Air, Dual, Electric
    Appliances
    • Included: Built-In Range, Convection Oven, Double Oven, Dishwasher, Exhaust Fan, Electric Oven, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Crown Molding, Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Bedroom on Main Level, Dressing Area, Main Level Primary, Primary Suite, Utility Room, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Blinds, Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Gas Starter, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,723 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Direct Access, Driveway Level, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Garage Door Opener, On Site, Paved, Private, RV Access/Parking
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Hallway(s)
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Level
    • Patio & porch: Concrete, Covered, Front Porch, Wrap Around
    • Exterior features: Barbecue, Rain Gutters
    • Has private pool: Yes
    • Pool features: Filtered, Gunite, Gas Heat, Heated, Private, Waterfall
    • Has spa: Yes
    • Spa features: Gunite, Heated, In Ground, Bath, Permits
    • Fencing: Masonry,Wrought Iron
    • Has view: Yes
    • View description: Hills, Neighborhood, Orchard, Trees/Woods
    Lot
    • Size: 1.13 Acres
    • Features: 2-5 Units/Acre, Agricultural, Back Yard, Corners Marked, Cul-De-Sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Irregular Lot, Lot Over 40000 Sqft, Landscaped, Orchard(s), Secluded, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Sloped Up, Walkstreet, Yard
    Details
    • Additional structures: Gazebo
    • Parcel number: 276360016
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Frame, Stucco, Copper Plumbing
    • Foundation: Slab
    • Roof: Concrete,Flat Tile
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 2003
    Details
    • Builder model: 3
    • Builder name: Prestige Homes

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Preserve/Public Land, Storm Drain(s), Street Lights, Suburban, Gated
    • Security: Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Management
    • HOA fee: $355 monthly
    • HOA name: Rancho Valencia
    • HOA phone: 951-682-1000
    Location
    • Region: Riverside

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $646,852
    • Date on market: 6/24/2026
    • Cumulative days on market: 62 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/8/2026Sold$1,275,000-1.2%$342/sqft
    Source: CRMLS #IV26136787 Report a problem
    8/26/2026Pending sale$1,289,990$346/sqft
    Source: CRMLS #IV26136787 Report a problem
    7/24/2026Price change$1,289,990-3.7%$346/sqft
    Source: CRMLS #IV26136787 Report a problem
    7/7/2026Price change$1,339,900-3.9%$360/sqft
    Source: CRMLS #IV26136787 Report a problem
    6/25/2026Listed for sale$1,395,000+170.9%$375/sqft
    Source: CRMLS #IV26136787 Report a problem
    8/24/2012Sold$515,000-1%$138/sqft
    Source: Public Record Report a problem
    7/3/2012Listed for sale$520,000+14.5%$140/sqft
    Source: TNG Properties, Inc. #I12082544 Report a problem
    7/24/2003Sold$454,000$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $646,852 +2%
    2025$8,283 +2.7%$634,169 +2%
    2024$8,064 +0.2%$621,735 +2%
    2023$8,045 +1.4%$609,545 +2%
    2022$7,932 +1.2%$597,594 +2%
    2021$7,836 +0.6%$585,878 +1%
    2020$7,786 +1.6%$579,872 +2%
    2019$7,662 +1.7%$568,503 +2%
    2018$7,536 +1.5%$557,357 +2%
    2017$7,424 $546,429 +2%
    2016$7,424 +6.2%$535,716 +1.5%
    2015$6,992 +0.8%$527,672 +2%
    2014$6,939 $517,338 +0.5%
    2013-- $515,000 +6.8%
    2012-- $482,000 -3.6%
    2011-- $500,000 -8.3%
    2010-- $545,251 +12.9%
    2009-- $483,000 -9.9%
    2008-- $535,833 +2%
    2007-- $525,328 +2%
    2006-- $515,029 +11.3%
    2005-- $462,774 +241.3%
    2003-- $135,575 +240.5%
    2002-- $39,816
    Find assessor info on the county website

    Neighborhood: Mission Grove

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kennedy
    • Middle: Earhardt
    • High: Martin Luther King

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,270,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,270,000

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