When was property at 7478 Via Montecito built and last sold?

The property at 7478 Via Montecito was built in and last sold on Feb 5, 2024 for $1,600,000.

How much is this home worth?

The estimated value of the home located at 7478 Via Montecito is $782,750.

What are some comparable homes to 7478 Via Montecito?

There are currently no comparable homes to 7478 Via Montecito.

Riverside

92506

Alessandro Heights

7478 Via Montecito

Map

$775,000

● Land - For Sale

7478 Via Montecito

Riverside, CA 92506

Studio

0 Bath

$4,056

Est. Monthly

$250

HOA / Fees

About This Property

ALESSANDRO HEIGHTS – **MONTECITO**Welcome to Riverside's premier gated community, an exclusive custom home enclave perched at the summit of Overlook Parkway. This exceptional homesite offers breathtaking 180-degree views, showcasing the rolling hills of the surrounding neighborhood, glittering city lights, and majestic mountain vistas.

Spanning over an acre with a generously sized finished pad, this lot is ready for you to design and build the home of your dreams. All essential utilities are in place, including city sewer, water, electricity, gas, telephone, and cable TV. The community's CCRs require a minimum of 4,000 square feet of living space, ensuring a neighborhood of stately residences.

Surrounded by recently developed estates valued at over $6 million, this is a rare opportunity to craft your own private retreat in one of Riverside's most coveted hillside settings. Don't miss your chance to create something truly extraordinary!

Unit Size

Days on Market

16 days

Land Size

1.07 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

$250

Year Built

Listed By

Brad Alewine

[email protected]

Compass

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Last updated: 15 days ago (CRMLS #IV26216481)

Price History

Date / Event	Date	Event
Oct 5, 2026	Listed by COMPASS	$775,000
Listed by COMPASS
Feb 28, 2024	No longer available	-
No longer available
Jan 9, 2024	Listed by National Realty Group	$845,950
Listed by National Realty Group

Property Highlights

With View

Exterior Details

Lot Features: Corners Marked, Cul-De-Sac, Front Yard, Irregular Lot, Level, Secluded, Sloped Up, ZeroToOneUnitAcre, LotOver40000Sqft, Walkstreet

Lot Size Area: 46609

Lot Size Units: Square Feet

Lot Size Acres: 1.07

Lot Size Square Feet: 46609

Tax Lot: 5

Water Source: Public

Utilities Details

Sewer : Public Sewer

Location Details

HOA Fee: $250

HOA Fee Frequency: Monthly

Building Info

Overview

General

Building Count: 1

Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 46,609

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Land Acres: 0000001070
Standard Land Use Code: 1000
County Land Use Code: 61
State Land Use Code: R07
Legal Description 1: 1.07 ACRES IN LOT 5 MB 424/001 TR 31859

Neighborhood

School District Name: Riverside Unified School District

Census Tract: 030604

Geography

Subdivision Tract Number: 31859

Parcel: 243-210-049
Lot: 5
Municipality: RIVERSIDE
Latitude: 33.9167
Longitude: -117.364

Address

Full Address: 7478 Via Montecito

Address - House Number: 7478
Address - Street Name: Via Montecito
State: CA
City Name: Riverside
Carrier Code: C037
4-Digit Zip Code: 5515
Zip Code: 92506

Valuation

Tax

Tax Year: 2023

Tax Amount: $229,634
Tax Rate Code Area: 009-002

Appraisal Valuation

Standard Deviation: 0.196

Valuation Date: Feb 28, 2024
Confidence Score: 73
Final Value: 755,935
High Value: 904,124
Low Value: 607,745

Market Valuation

Market Total Value: $1,852,830

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $201,210
Assessed Land Value: $201,210

Sales

Current Sale Contract Date: Feb 05, 2024

Current Sale Recording Date: Feb 23, 2024
Current Sale Price:

Premium
Current Sale Document Type: 36
Current Sale Input Document Number: 50795
Previous Sale Recording Date: May 16, 2023
Previous Sale Contract Date: May 11, 2023
Previous Sale Amount: $1,500,000
Previous Sale Document Type: 36

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Alessandro Heights

Stats & Trends

Median Asking:

$1,549,900

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

102

Average Home Size

4285 ft²

Average Home Age

22.8 years

Currently For Sale

20 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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3 Beds
2 Baths
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Unit for rent at 3085 Kathleen Street, RIVERSIDE, CA, 92506

$2,950 /mo

3 Beds
2 Baths
1,396 ft²

3085 Kathleen Street, RIVERSIDE, CA, 92506 Listing by DRAKE MARTIN

Unit for rent at 6590 Piccadilly Street, RIVERSIDE, CA, 92506

$2,400 /mo

2 Beds
1 Bath
951 ft²

6590 Piccadilly Street, RIVERSIDE, CA, 92506 Listing by LAUREN PATTERSON

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: BRAD ALEWINE, COMPASS
Last Updated: 15 days ago
Data Source: CRMLS, MLS# IV26216481

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information