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For sale
    • Listed by: COMPASS • BRAD ALEWINE • Contact: 951-347-8832
    Price cut: $55.1K (7/7)
    $1,339,900

    1268 Las Ventanas Way, Riverside, CA 92508

    5beds
    3,723sqft
    : 
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    Single Family Residence
    Built in 2003
    1.13 Acres Lot
    $1,318,400 Zestimate®
    $360/sqft
    $355/mo HOA

    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.
    20 days
    |
    1,224
    |
    75
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    BRAD ALEWINE DRE #01104973 951-347-8832,

    COMPASS

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

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      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
      Video & virtual tour

      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: $360/sqft
      • Tax assessed value: $634,169
      • Annual tax amount: $8,283
      • Date on market: 6/24/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Road surface type: Paved

        Estimated market value

        $1,318,400

        $1.25M - $1.38M

        $5,219/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Mission Grove

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        15 / 100
        Somewhat Bikeable

        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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