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For sale
    • Listed by: COMPASS • BRAD ALEWINE • Contact: 951-347-8832
    $1,199,900

    8059 Terraza Ct, Riverside, CA 92508

    4beds
    3,311sqft
    : 
    $8,091/mo
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    Single Family Residence
    Built in 2003
    0.65 Acres Lot
    $1,178,700 Zestimate®
    $362/sqft
    $355/mo HOA

    What's special

    Nestled within the prestigious gated enclave of Rancho Valencia, this residence offers a rare living experience defined by 110 acres of lush, producing citrus groves. With only 116 homes in the community, the neighborhood is characterized by a unique ambiance of green open space and the sweet scent of citrus blossoms that drifts through the air. The home itself has been meticulously maintained and thoughtfully updated, featuring a fresh interior and exterior palette. Step inside to find stunning wide-plank clear white oak flooring that flows seamlessly underfoot, complemented by designer-selected fixtures and recessed LED lighting that create a warm, sophisticated glow throughout the home. The heart of the residence is an expansive open-concept kitchen, complete with a sprawling granite breakfast bar, built-in appliances, and a butler’s pantry that connects to the formal dining room—perfect for hosting. This space transitions effortlessly into a large, sun-lit great room anchored by a cozy fireplace. The thoughtful layout includes four bedrooms, highlighted by a secluded primary suite featuring dual walk-in closets, a jetted soaking tub, and a separate shower. Two additional bedrooms share a Jack-and-Jill bath, while a versatile fourth bedroom currently serves as a professional office off the foyer. Perhaps the most standout feature is the detached guest suite; separated by a charming courtyard with its own private entrance, it offers the ultimate flexibility for visitors or a long-term guest. Outside, the backyard serves as a private sanctuary. Relax on the patio beside a soothing water feature while taking in the serene views of the surrounding groves. The property also boasts a large side yard with gates for potential RV parking, an oversized two-car garage, and an indoor laundry room. This is more than just a home; it is a retreat into the quiet elegance of Alessandro Heights.
    46 days
    |
    1,106
    |
    31
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    BRAD ALEWINE DRE #01104973 951-347-8832,

    COMPASS

    Source: CRMLS,MLS#: IV26127028MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 4
      • Main level bedrooms: 5
      Rooms
      • Room types: Bathroom, Bedroom, Family Room, Foyer, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, 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, Enclosed Toilet, Full Bath on Main Level, Jetted Tub, Linen Closet, Stone Counters, Separate Shower, Upgraded
      Other
      • Features: Dressing Area
      Kitchen
      • Features: Built-in Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Stone Counters, Walk-In Pantry
      Heating
      • Central, Forced Air, Natural Gas
      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, VentedExhaust Fan, Water To Refrigerator, Water Heater
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
      Features
      • Breakfast Bar, Breakfast Area, Dry Bar, Separate/Formal Dining Room, Granite Counters, High Ceilings, Pantry, Stone Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Dressing Area, Entrance Foyer, Jack and Jill Bath, Main Level Primary, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas Starter, Wood Burning, Zero Clearance
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,311 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site, RV Potential
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: No Stairs, Accessible Hallway(s)
      Features
      • Levels: One
      • Stories: 1
      • Entry location: First
      • Patio & porch: Concrete, Front Porch, Open, Patio
      • Pool features: None
      • Spa features: None
      • Fencing: Masonry,Wrought Iron
      • Has view: Yes
      • View description: Orchard
      Lot
      • Size: 0.65 Acres
      • Features: 2-5 Units/Acre, Corner Lot, Corners Marked, Cul-De-Sac, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Level, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Yard
      Details
      • Additional structures: Guest House, Guest HouseAttached
      • Parcel number: 276100058
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean,Spanish
      • Property subtype: Single Family Residence
      Materials
      • Drywall, Frame, Stucco, Copper Plumbing
      • Foundation: Slab
      • Roof: Concrete,Spanish Tile
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 2003
      Details
      • Builder model: 2
      • Builder name: Continental 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, Underground Utilities, Water Connected

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $362/sqft
      • Tax assessed value: $1,040,400
      • Annual tax amount: $12,749
      • Date on market: 6/11/2026
      • Cumulative days on market: 47 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Exclusions: Chandelier in the foyer, light fixtures in the butler's pantry and hall outside the primary bedroom as well as the light bar fixtures over the desk in the middle bedroom
      • Road surface type: Paved

        Estimated market value

        $1,178,700

        $1.12M - $1.24M

        $4,715/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$1,199,900+20%$362/sqft
        Source: CRMLS #IV26127028 Report a problem
        3/24/2023Sold$1,000,000+1%$302/sqft
        Source: Public Record Report a problem
        2/13/2023Pending sale$990,000$299/sqft
        Source: CRMLS #IV22255921 Report a problem
        1/24/2023Contingent$990,000$299/sqft
        Source: CRMLS #IV22255921 Report a problem
        12/16/2022Listed for sale$990,000+42.4%$299/sqft
        Source: CRMLS #IV22255921 Report a problem
        6/22/2005Sold$695,000+76.8%$210/sqft
        Source: Public Record Report a problem
        7/30/2002Sold$393,000$119/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,749 +3%$1,040,400 +2%
        2024$12,380 +6.9%$1,020,000 +9.5%
        2023$11,576 +1.6%$931,134 +2%
        2022$11,396 +10%$912,878 +11.9%
        2021$10,357 +10.1%$815,825 +12%
        2020$9,403 +2.5%$728,416 +3%
        2019$9,171 +3.4%$707,200 +4%
        2018$8,865 -0.1%$680,000
        2017$8,878 $680,000 +5.4%
        2016$8,878 +12%$645,000 +4.2%
        2015$7,924 +8.1%$619,000 +10.9%
        2014$7,333 $558,000 +17.5%
        2013-- $475,000 +7.7%
        2012-- $441,000 -5.6%
        2011-- $467,000 +7.1%
        2010-- $436,000 +4.1%
        2009-- $419,000 -38.8%
        2008-- $685,000 -5.3%
        2007-- $723,078 +2%
        2006-- $708,900 +73.6%
        2005-- $408,262 +3.9%
        2003-- $392,924 +1873.7%
        2002-- $19,908
        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

        4 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        29 / 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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