See Home Value
$1,275,000
● House - Off Market

1268 Las Ventanas

Riverside, CA 92508
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,723 Ft²
$6,690
Est. Monthly
$355
HOA / Fees

About This Property

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.
Unit Size
3,723 Ft²
Days on Market
76 days
Land Size
1.13 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
$355
Year Built
2003

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Last updated: 2 months ago (CRMLS #IV26136787)

Price History

Date / Event Date Event Price
Sep 8, 2026 Sold
Sold
Aug 27, 2026 In contract -
In contract
Jul 25, 2026 Price Decreased $1,289,990
↓ $50K (3.7%)
Price Decreased
Jul 8, 2026 Price Decreased $1,339,900
↓ $55K (4%)
Price Decreased
Jun 24, 2026 Listed by COMPASS $1,395,000
Listed by COMPASS

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 4,086
  • Gross Building Area: 4,086
  • Building Area: 3,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001130
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: 1.13 ACRES IN LOT 40 MB 307/086 TR 29242

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 042005

Geography

  • Subdivision Tract Number: 29242
  • Parcel: 276-360-016
  • Lot: 40
  • Municipality: RIVERSIDE
  • Latitude: 33.9077
  • Longitude: -117.339

    Address

  • Full Address: 1268 Las Ventanas Way
  • Address - House Number: 1268
  • Address - Street Name: Las Ventanas
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Riverside
  • Carrier Code: R013
  • 4-Digit Zip Code: 8722
  • Zip Code: 92508

Valuation

    Tax

  • Total Area: 3,586
  • Tax Year: 2023
  • Tax Amount: $804,546
  • Tax Rate Code Area: 009-144

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,185,609
  • High Value: 1,398,007
  • Low Value: 973,212

    Market Valuation

  • Market Total Value: $974,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,545
  • Assessed Land Value: $177,533
  • Assessed Improvements Value: $432,012

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2012
  • Current Sale Recording Date: Aug 24, 2012
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2012-0405831
  • Previous Sale Recording Date: Jul 12, 2012
  • Previous Sale Contract Date: Jul 10, 2012
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mission Grove


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Frequently Asked Questions

When was property at 1268 Las Ventanas Way built and last sold?
The property at 1268 Las Ventanas Way was built in 2003 and last sold on Jul 18, 2012 for $515,000.
How much is this home worth?
The estimated value of the home located at 1268 Las Ventanas Way is $1,408,950.
What are some comparable homes to 1268 Las Ventanas Way?
There are currently no comparable homes to 1268 Las Ventanas Way.