See Home Value
$1,150,000
● House - Off Market

16418 Village Meadow Drive

Riverside, CA 92503
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,895 Ft²
$6,088
Est. Monthly
$195
HOA / Fees
3.60%
Cap Rate

About This Property

If PRIVACY is important to you, then 16418 Village Meadow Drive WON'T BE BEAT. It begins with a LONG DRIVEWAY leading up to the 4895 SqFt Executive Home on a lot almost an ACRE in size perched high above the street and with ONLY ONE NEIGHBOR down the hillside from it. This is a home with a BEDROOM ON THE FIRST LEVEL that offers an element of privacy that only a handful of homes in Lake Hills have. Inside, a seamless flow connects the formal living room, private study, and elegant dining room. The bright, open kitchen features stainless steel appliances, refrigerator, double ovens, granite countertops, an island with a breakfast bar, and a butler's pantry. The family room is warmed by a fireplace, with a downstairs bedroom and ensuite bath nearby. Upstairs, a spacious loft leads to the 3 secondary bedrooms and then the expansive primary suite with a retreat, dual walk-in closets, and a spa-like bath. The backyard is HUGE and offers endless potential!! Situated on 750 acres, Lake Hills Reserve offers its residents an ideal mountaintop locale removed from city life, yet close to the many cultural and educational amenities of Riverside County and shopping. Residents enjoy the expansive open space, the HIGHLY rated Lake Hills Elementary and a private residents club including a swimming pool, playground, park and an open-air fireplace pavilion. This is an ideal location for commuters as the 91 Freeway and Metrolink are both close by. Are you ready for the Lake Hills Reserve lifestyle?
Unit Size
4,895 Ft²
Days on Market
77 days
Land Size
0.80 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
$195
Year Built
2006

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Last updated: 2 years ago (CRMLS #OC25083094)

Price History

Date / Event Date Event Price
Jul 30, 2025 Sold
Sold
Jun 15, 2025 In contract -
In contract
Jun 6, 2025 Price Decreased $1,200,000
↓ $100K (7.7%)
Price Decreased
May 14, 2025 Listed by Keller Williams Realty $1,300,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 656
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 5,551
  • Gross Building Area: 5,551
  • Building Area: 4,895
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,895
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AS SHOWN BY TRACT MAP NO. 28815
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .80 ACRES M/L IN LOT 60 MB 368/055 TR 28815

Neighborhood

  • School District Name: Alvord Unified School District
  • Census Tract: 041415

Zoning

  • Zoning: MIX

Geography

  • Subdivision Tract Number: 28815
  • Parcel: 140-330-001
  • Lot: 60
  • Municipality: ALVORD
  • Latitude: 33.8708
  • Longitude: -117.48

    Address

  • Full Address: 16418 Village Meadow Dr
  • Address - House Number: 16418
  • Address - Street Name: Village Meadow
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Riverside
  • Carrier Code: R008
  • 4-Digit Zip Code: 0229
  • Zip Code: 92503

Valuation

    Tax

  • Total Area: 4,895
  • Tax Year: 2023
  • Tax Amount: $1,217,786
  • Tax Rate Code Area: 053-028

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,145,536
  • High Value: 1,352,862
  • Low Value: 938,210

    Market Valuation

  • Market Total Value: $892,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $643,493
  • Assessed Land Value: $216,599
  • Assessed Improvements Value: $426,894

    Sales

  • Current Sale Contract Date: Feb 04, 2009
  • Current Sale Recording Date: Jun 03, 2009
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2009-0280713
  • Previous Sale Recording Date: May 22, 2008
  • Previous Sale Contract Date: May 08, 2008
  • Previous Sale Amount: $716,583
  • 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 Lake Hills-Victoria Grove


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Nearby Rentals

Unit for rent at 10860 Portofino, RIVERSIDE, CA, 92503

$3,900 /mo

  • 5 Beds
  • 3 Baths
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10860 Portofino, RIVERSIDE, CA, 92503 Listing by YVONNE WU
Unit for rent at 16399 Sun Summit, RIVERSIDE, CA, 92503

$3,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,650 ft²
16399 Sun Summit, RIVERSIDE, CA, 92503 Listing by DONNILYN VASQUEZ


Frequently Asked Questions

When was property at 16418 Village Meadow Drive built and last sold?
The property at 16418 Village Meadow Drive was built in 2006 and last sold on Feb 4, 2009 for $520,000.
How much is this home worth?
The estimated value of the home located at 16418 Village Meadow Drive is $1,212,000.
What are some comparable homes to 16418 Village Meadow Drive?
There are currently no comparable homes to 16418 Village Meadow Drive.