18338 Lakepointe Drive, Riverside, California 92503, Riverside, 92503 - 4 bed, 4 bath

18338 Lakepointe Drive, Riverside, California 92503 home-pic-0
ACTIVE$1,125,000
18338 Lakepointe Drive, Riverside, California 92503
4Beds
4Baths
5,074Sqft
15,246Lot
Year Built
2006
Close
-
List price
$1.13M
Original List price
$1.26M
Price/Sqft
$222
HOA
$195
Days on market
-
Sold On
-
MLS number
PW25194899
Home ConditionGood
Features
Excellent View: Mountain(s), Neighborhood
Deck
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.12M(90th), sqft - 5074(99th), beds - 4(50th), baths - 4(82th).

Welcome to this beautifully remodeled 5-bedroom, 3.5-bathroom estate in the exclusive Lake Hills Reserve community. Spanning over 5,000 sq ft on a generous 15,246 sq ft lot, this 2006-built home blends timeless elegance with modern comfort. Enter through a gated courtyard and into a grand foyer with a sweeping staircase, soaring ceilings, and abundant natural light. The gourmet kitchen features granite countertops, stainless steel appliances, a massive center island, and rich cherry wood cabinetry—seamlessly flowing into the spacious family room with custom built-ins and surround sound. The main level offers an executive office with private entry, formal dining and living rooms with hardwood floors and fireplaces, and a large laundry room. Upstairs, the expansive primary suite is a true retreat, boasting a fireplace, spa-like bath with dual showers and soaking tub, two walk-in closets, and a private balcony showcasing breathtaking lake and canyon views. The guest suite features its own full bath, while three additional bedrooms offer generous space and comfort. Outside, the fully landscaped backyard offers ample room for a pool and outdoor living. With smart home security features, crown molding throughout, and access to community amenities, this home is a rare blend of luxury, privacy, and functionality.

Nearby schools

8/10
Lake Hills Elementary School
Public,K-50.7mi
3/10
Allan Orrenmaa Elementary School
Public,K-51.6mi
6/10
Arizona Middle School
Public,6-81.5mi
5/10
Ysmael Villegas Middle School
Public,6-82.4mi
6/10
Hillcrest High School
Public,9-121.7mi

Price History

Date
Event
Price
12/04/25
Price Change
$1,125,000-2.2%
11/15/25
Price Change
$1,149,900-1.3%
11/05/25
Price Change
$1,164,900-2.9%
10/17/25
Price Change
$1,199,900-5.1%
08/30/25
Listing
$1,264,000
Condition Rating
Good

The property, built in 2006 (18 years old), is well-maintained and move-in ready. The description mentions it was 'beautifully remodeled,' and while some areas like the LVP flooring appear updated, the kitchen features (cherry wood cabinetry, granite countertops) and the visible bathroom's style are consistent with the original build year or an earlier renovation (5-15 years ago) rather than a full, recent (within 5 years) modern overhaul. Appliances are stainless steel and functional. Overall, systems are well-maintained with minimal wear and tear, fitting the 'Good' category.
Pros & Cons

Pros

Spacious & Luxurious Living: This estate offers over 5,000 sq ft of meticulously remodeled living space on a generous 15,246 sq ft lot, featuring high ceilings, hardwood floors, crown molding, and custom built-ins throughout.
Exclusive Community & Amenities: Located in the desirable and exclusive Lake Hills Reserve community, residents benefit from privacy, security (gated courtyard), and access to valuable community amenities.
Gourmet Kitchen & Entertainment Ready: The gourmet kitchen boasts granite countertops, stainless steel appliances, a massive center island, and rich cherry wood cabinetry, seamlessly connecting to a family room with surround sound, ideal for entertaining.
Luxurious Primary Suite with Views: The expansive primary suite serves as a true retreat, complete with a fireplace, a spa-like bath (dual showers, soaking tub), two walk-in closets, and a private balcony offering breathtaking lake and canyon views.
Versatile Layout & Modern Conveniences: The home features a highly functional layout including an executive office with private entry, a dedicated guest suite with its own full bath, multiple formal living areas, and integrated smart home security features.

Cons

Significant Price Reductions: The property has undergone multiple substantial price reductions, from an original list price of $1.264M down to $1.125M, indicating potential overpricing or challenges in market appeal at previous price points.
Bedroom/Bathroom Count Discrepancy: There is an inconsistency between the MLS data (4 beds, 4 baths) and the detailed description (5 beds, 3.5 baths), which could lead to confusion for prospective buyers and requires clarification.
Ongoing Association Fees: The property is subject to a monthly association fee of $195.0, which adds to the recurring cost of ownership and may deter some buyers looking to avoid HOA fees.

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