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16696 S Peak Court, Riverside, California 92503, Riverside, 92503 - 4 bed, 4 bath

16696 S Peak Court, Riverside, California 92503 home-pic-0
ACTIVE$1,100,000
16696 S Peak Court, Riverside, California 92503
4Beds
4Baths
4,496Sqft
16,117Lot
Year Built
2008
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$245
HOA
$195
Days on market
-
Sold On
-
MLS number
OC25255670
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(89th), sqft - 4496(96th), beds - 4(50th), baths - 4(82th).

This elegant Spanish-style Executive Home offers expansive mountain views from its cul-de-sac location in Riversides prestigious “Lake Hills Reserve”. Spanning4496 SqFt on a 16,117 SqFt lot, this residence blends luxury, functionality, and space for both families and professionals. Step into the grand entry, where a flexspace -- perfect for a home office or workout room -- leads to the formal living and dining rooms. The gourmet kitchen boasts granite counters, a tumbled tilebacksplash, and stainless appliances, seamlessly flowing into the fireplace-warmed family room. Upstairs, a spacious bonus room serves as an ideal office orretreat. A Jack & Jill bedroom setup, a rear ensuite bedroom, and a luxurious primary suite with a private balcony, retreat, two walk-in closets, and a spa-like bathcomplete the upper level. And what of the community? Well, the exclusive Lake Hills Reserve offers its residents an ideal mountaintop locale removed from citylife, yet close to Riverside’s many cultural and educational amenities and near all the shopping attractions! In addition to the hiking, stunning sunsets, the quiet,and panoramic mountaintop views in this patrol-guarded community, residents enjoy a private residents club including a swimming pool, playground, park, anopen-air fireplace pavilion, and the HIGHLY rated Lake Hills Elementary School. This is an ideal location for commuters as the 91 FWY & Metro-link are both VERYclose by. Are you ready for the Lake Hills Reserve lifestyle…?

Nearby schools

8/10
Lake Hills Elementary School
Public,•K-5•0.7mi
3/10
Allan Orrenmaa Elementary School
Public,•K-5•1.3mi
5/10
Ysmael Villegas Middle School
Public,•6-8•1.1mi
6/10
Arizona Middle School
Public,•6-8•1.8mi
6/10
Hillcrest High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
11/07/25
Listing
$1,100,000
05/14/18
Sold
$700,000
08/06/09
Sold
$491,500
Condition Rating
Good
The property, built in 2008, is 16 years old, placing it within the 'Good' condition criteria. It presents as move-in ready with no immediate renovations required. The kitchen features high-quality granite countertops, a tumbled tile backsplash, and stainless steel appliances, all well-maintained and functional, though the style reflects its original build era. Bathrooms are clean and functional, with the primary described as 'spa-like'. Flooring, light fixtures, and overall systems appear well-maintained with minimal wear and tear, indicating a solid, well-kept home.
Pros & Cons

Pros

Panoramic Mountain Views & Cul-de-sac Location: The property boasts expansive panoramic mountain views from its desirable cul-de-sac location, offering tranquility and scenic beauty.
Prestigious Community & Extensive Amenities: Located in the exclusive, patrol-guarded 'Lake Hills Reserve' community, residents enjoy a private club with a swimming pool, playground, park, and open-air fireplace pavilion, fostering a luxurious lifestyle.
Spacious & Functional Layout: With 4496 SqFt on a 16,117 SqFt lot, the home features versatile flex spaces, a large bonus room, and a luxurious primary suite with a private balcony, retreat, two walk-in closets, and a spa-like bath, catering to diverse needs.
Gourmet Kitchen & Modern Finishes: The gourmet kitchen is well-appointed with granite counters, a tumbled tile backsplash, and stainless steel appliances, providing a high-quality and appealing central hub for the home.
Commuter-Friendly & Top-Rated Elementary School: The location offers excellent access to the 91 FWY and Metro-link for commuters, and is within the highly-rated Lake Hills Elementary School district, appealing to families and professionals alike.

Cons

Significantly Overpriced: The current listing price of $1.1 million is 18% higher than the estimated property value of approximately $900,000, which may deter potential buyers and necessitate a price adjustment.
High Monthly HOA Fees: A monthly association fee of $195 adds a recurring cost to homeownership, which could be a consideration for budget-conscious buyers.
Large Lot Maintenance: The expansive 16,117 SqFt lot, while offering space, will require substantial ongoing landscaping and maintenance efforts and costs, which might not appeal to all buyers.

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