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For sale
$2,990,000
11beds
4,741sqft

2540 Monroe St, Riverside, CA 92504

11beds
4,741sqft
Single family residence
Built in 2000
4.79 Acres
4 Attached garage spaces
$631 price/sqft

What's special

Rare 4.78-Acre Estate with Two Residences & Producing Orchard A rare opportunity to own an exceptional 4.78-acre estate featuring two separate residences, an established producing orchard, privacy, and incredible versatility. A fully fenced property welcomes you through an automatic front gate and along a long private driveway framed by mature landscaping and towering palms. The expansive grounds offer ample parking, along with plenty of room for RV and boat storage. The main residence, built in 2000, features 8 bedrooms and 7.5 bathrooms, offering exceptional space for a large or multigenerational household. Spacious living areas are filled with natural light, while the oversized primary suite provides a peaceful retreat with a fireplace, large bathroom featuring a soaking tub and separate shower, and access to a private covered balcony overlooking the orchard. A separate single-story guest house, built in 2022, offers 3 bedrooms and 3 bathrooms. Designed for comfort and flexibility, it features a bright open-concept layout, recessed lighting, multiple mini-split systems, built-in cabinetry, laundry facilities, updated bathrooms, and versatile living space. Ideal for multigenerational living, extended family, guests, or potential rental income. One of the property's most distinctive features is its established, producing orchard, with approximately 150 orange trees, 60 avocado trees, and 9 banana trees, along with lemon, peach, dragon fruit, mango, apple, and persimmon trees. The agricultural trees are irrigated through the Gage Canal. Conveniently located near the 91 Freeway, Hospitals, shopping, and California Citrus State Historic Park, this exceptional property offers a rare combination of acreage, two residences, agricultural amenities, privacy, and flexibility—all in one remarkable estate.

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Source: CRMLS,MLS#: CV26198068MLS LogoOriginating MLS: California Regional MLS
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Deanna Vela DRE #02080652 888-294-1415,

eXp Realty of Southern Califor

Source: CRMLS,MLS#: CV26198068MLS LogoOriginating MLS: California Regional MLS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 11
  • Bathrooms: 11
  • Full bathrooms: 10
  • 1/2 bathrooms: 1
  • Main level bathrooms: 10
  • Main level bedrooms: 11
Rooms
  • Room types: Entry/Foyer, Family Room, Primary Bedroom, Other
Primary bedroom
  • Features: Multiple Primary Suites
Family room
  • Features: Separate Family Room
Other
  • Features: Walk-In Closet(s)
Heating
  • Central
Cooling
  • Central Air, Electric
Appliances
  • Laundry: In Garage
Features
  • Multiple Primary Suites, Walk-In Closet(s)
  • Has fireplace: Yes
  • Fireplace features: Primary Bedroom
  • Common walls with other units/homes: No Common Walls
Interior area
  • Total interior livable area: 4,741 sqft

Property

Parking
  • Total spaces: 4
  • Parking features: Garage - Attached
  • Attached garage spaces: 4
Features
  • Levels: Two
  • Stories: 2
  • Entry location: front
  • Pool features: None
  • Has view: Yes
  • View description: Trees/Woods
Lot
  • Size: 4.79 Acres
  • Features: 2-5 Units/Acre
Details
  • Parcel number: 238060009
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Condition
  • New construction: No
  • Year built: 2000

Utilities & green energy

  • Sewer: Septic Type Unknown
  • Water: Public

Community & HOA

Community
  • Features: Rural
Location
  • Region: Riverside

Financial & listing details

  • Price per square foot: $631/sqft
  • Tax assessed value: $1,688,684
  • Date on market: 9/10/2026
  • Cumulative days on market: 4 days
  • Listing terms: Cash,Conventional,FHA,Submit,VA Loan

Price history

DateEventPrice
9/10/2026Listed for sale$2,990,000+360%$631/sqft
Source: CRMLS #CV26198068 Report a problem
10/30/2002Sold$650,000$137/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2026-- $1,688,684 +2%
2025$18,513 +3.4%$1,655,574 +2%
2024$17,903 +0.4%$1,623,113 +2%
2023$17,825 +5.1%$1,591,288 +5.2%
2022$16,962 +4.5%$1,511,958 +4.9%
2021$16,238 +44.4%$1,441,529 +45.4%
2020$11,246 +1.9%$991,261 +2%
2019$11,034 +2%$971,826 +2%
2018$10,819 +1.8%$952,772 +2%
2017$10,627 $934,091 +2%
2016$10,627 +8.4%$915,776 +1.5%
2015$9,803 +0.9%$902,021 +2%
2014$9,714 $884,354 +8.2%
2013-- $817,000 +0.6%
2012-- $812,000 -0.4%
2011-- $815,000 -3%
2010-- $839,852 -0.2%
2009-- $841,849 +2%
2008-- $825,344 +2.7%
2007-- $803,661 +16.7%
2006-- $688,884 +2%
2005-- $675,377 +3.9%
2003-- $650,000 +39.3%
2002-- $466,546 +2.5%
2001$4,733 $455,360

Find assessor info on the county website

Monthly payment

Est. payment
$18,527/mo
Principal & interest
$15612
Property taxes
$2915
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Estimated market value

Not available

Estimated sales range

Not available

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Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Arlington Heights

Nearby schools

Harrison Elementary School
Grades K-61.5 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
2/10
Chemawa Middle School
Grades 7-81.4 miles
5/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
5/10
Arlington High School
Grades 9-120.7 miles
4/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
3/10