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An incredible opportunity awaits with this 20-acre parcel in the highly desirable Lake Mathews/Woodcrest area—an offering that’s becoming increasingly rare in today’s market. Zoned R-A-1 (Residential Agriculture), this land is a true blank canvas perfect for custom estates, a private ranch, equestrian facilities, or a future subdivision project. Situated outside city limits but within Riverside’s Sphere of Influence, it offers ideal flexibility, with no fault lines, and no flood zone concerns, plus access to Western Municipal Water District services. The rolling topography, peaceful rural surroundings, and mild 1,453 ft elevation create the perfect backdrop for a private retreat or investment opportunity. With strong growth all around and a previously proposed subdivision layout, the future possibilities here are massive. Located just minutes from major freeways, top-rated schools, and shopping, this is your chance to capitalize on a rare land opportunity in a high-demand area. Bring your vision, your ambition, and act quickly—land like this doesn't sit long!
Listing agent: Diana Renee DRE #01150595 diana@dianareneehomes.com, Listing office: Keller Williams Realty
MLS data updated 11/1/2026, 6:59:06 PM PT
Source: CRMLS, MLS #: IG25090157
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 22, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,490,000Asking price recorded · Apr 22, 2026ZIP 92504 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.