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7907 Horizon View Drive
About This Property
This is a truly unique opportunity in Riverside's sought-after Alessandro Heights area-where space, privacy, and versatility come together in a thoughtfully designed single-level residence spanning over 5,000 square feet.
At the heart of the home, a generous open-concept living and dining area anchors the property, offering an inviting setting for both everyday living and large-scale entertaining. The main kitchen connects seamlessly to these spaces and flows naturally to the outdoor patio, creating an idea indoor-outdoor lifestyle.
The home is distinguished by its multiple private wings, allowing for a variety of living arrangements tailored to today's needs. A secluded owner's retreat features a spacious primary suite with fireplace, spa-style bath, and walk-in closets. Separate wings provide ideal accommodations for extended family, long-term guests, or dedicated work-from-home environments, each offering privacy and flexibility rarely found in traditional floor plans.
Additional living areas throughout the home can be easily adapted as executed office space, media rooms, fitness areas, or creative studios-offering a level of functionality that support a wide range of lifestyles.
Step outside to enjoy a resort-inspired backyard complete with pool, spa, BBQ island, kid's pool, water slide, water falls and multiple areas for relaxing or entertaining, all set on approximately 0.93 acres with scenic views.
Car enthusiasts, hobbyists, and those needing additional storage or warehouse will appreciate the expansive 8-car garage with RV parking (about 2500 square feet), a standout feature that increasingly difficult to find.
This is a rare opportunity to own property that offers not only size and privacy, but true adaptability-perfect for multi-generational living, live/work flexibility, or anyone seeking a more dynamic home environment.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$2,000,000
↓ $100K
(4.8%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Increased |
$2,100,000
↑ $100K
(5%) | |
| Price Increased | |||
| Jun 27, 2026 | Listed by NATIONWIDE REALTY | $2,000,000 | |
| Listed by NATIONWIDE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017