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20653 Mustang Court — Lake Mathews | Belmont Brokerage | Belmont Brokerage

Active

+25 more

$330,000

199 DOM

— bd— ba— sqft

Call

20653 Mustang Ct Lake Mathews, CA 92570

3.25acre lot

OWNER FINANCING AVAILABLE. Nestled in the tranquil community of Lake Mathews, this 3.25 acre lot offers breathtaking lake views and is perfectly positioned on a peaceful cul-de-sac. Fully graded and ready for construction, the property comes equipped with an installed water meter, and the permit, design, and perk test for a septic system have already been paid for - saving valuable time and effort in the building process. Available with the sale are beautifully designed custom home plans, featuring nearly 3,400 square feet of living space, 3 spacious bedrooms, 3.5 bathrooms, and a generous 3-car garage. This is a rare opportunity to build your dream estate in a private, picturesque setting while still enjoying convenient access to major freeways, shopping and top rated schools. Please note that there is no home currently on the property.

MLS IV25227935

951-784-2500 (Office) 951-784-2500 (Cell) alicia@westcoe.com

Est. payment

$2,109/mo

Principal & interestTaxesInsurance

$1,669$344$96

Down %

Rate %

Years

Down payment: $66,000 · Total cost: $666,717

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,109/mo

Principal & interest: $1,669
Est. property tax: $344
Est. insurance: $96
Down payment: $66,000

Est. gross rent$1,375/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-734/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Sep 28, 2025	$450,000	—

Facts & Features

Transaction Data

▼Price Reduced from $450,000 (−$120,000)

951-784-2500 (Office) 951-784-2500 (Cell) alicia@westcoe.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

20653 Mustang Court, Lake Mathews, CA 92570

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Call

20653 Mustang Ct Lake Mathews, CA 92570

About this home

ALICIA HOYER

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

ALICIA HOYER

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

20653 Mustang Court, Lake Mathews, CA 92570

About This Property

Property Photos

20653 Mustang Ct Lake Mathews, CA 92570

About this home

ALICIA HOYER

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

ALICIA HOYER

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.