tomo logo

$1,400,000

Beds
4
Baths
3.5
sq ft
4,490

16394 Village Meadow Dr, Riverside, CA 92503

16394 Village Meadow Dr

Riverside, CA 92503

  • <1 day on market
Welcome to your dream home in the highly coveted Lake Hills Reserve community! This exceptional and versatile 4-bedroom, 3.5-bathroom residence is thoughtfully designed to accommodate multigenerational living, providing the perfect blend of comfort, space, and convenience. As you enter, you are greeted by a spacious and inviting floor plan that seamlessly connects the living, dining, and kitchen areas. The heart of the home is the well-appointed kitchen, equipped with modern appliances, ample counter space, and a generous island—ideal for culinary creations and casual dining. The versatile layout promotes togetherness while allowing for easy entertaining. The primary bedroom is conveniently located on the main level, providing a private retreat with a cozy fireplace, dual walk-in closets, an en-suite bathroom featuring dual vanities, a jetted tub and a separate shower. This thoughtful design ensures comfort and accessibility for all family members, while three additional bedrooms (one junior suite), a loft and two bathrooms upstairs offer plenty of space for guests or family members. A few other amenities and upgrades include 34 solar panels (not a lease), a Tesla charger, extensive limestone flooring throughout, crown molding, designer built-ins and a newer water heater. Step outside to your private backyard oasis set on a .35-acre lot, where you can take in the stunning views and enjoy outdoor living. The extensive hardscape and grounds include a peaceful pond and waterfall, numerous fruit trees, a pergola that is the perfect setting for alfresco dining while gazing at the stunning city light views, a cozy firepit that is the perfect solution for chilly evenings under the stars and a sleek built-in barbeque. There is plenty of room to add a pool, yet Lake Hills Reserve also offers a facility that features a pool, an outdoor barbeque area, large grass area and a playground. This home is just minutes away from the 91 Freeway, top-rated schools, parks, and recreational facilities, making it an ideal location for families and commuters. Enjoy the convenience of nearby shopping and dining while sitting high on the hill in a peaceful, picturesque setting. Don’t miss this opportunity to make this remarkable property your own!

Details

Property type

Single Family Residence

Est. home value

$1,201,180

Lot size

0.35 acres

Price per sq ft

$312

Year built

2006

Monthly HOA fee

$180

Price History

02/27/2025
CRMLS

CRMLS #IV25041457

Listed
$1,400,000
+25.56%
05/13/2022
CRMLS

CRMLS #PW22063837

Sold
$1,115,000

Schools & Community

Elementary school: 

Lake Hills

Middle school: 

Villegas

High school: 

Hillcrest

Community features: 

Curbs, Park, Sidewalks

High school district: 

Riverside Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$338,766
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$949,234
Cash to seller
$338,766

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$998,000

Est. remaining balance

$949,234

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Aaron A Anderson and Sherri A Anderson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/27/2025 at 1:10 PM

Listing updated: 02/27/2025 at 9:57 AM

Listed by: LISA ANDRE, LISA ANDRE, COLDWELL BANKER REALTYCOLDWELL BANKER REALTY Phone #: (951) 682-1133

MLS: CRMLS #IV25041457

CRMLS logo

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