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Investment Highlights

  • 7.68 acres of undeveloped residential land suitable for single-family development.
  • Elevated terrain offers scenic vistas of Lake Mathews and the surrounding hills.
  • Close to shopping, dining, and essential services in Perris and nearby Corona.
  • Strategic location near Cajalco Road with convenient access to I-215 and SR-91.
  • Located within an area undergoing continuous residential growth in Riverside County.
  • Strong connectivity to major Inland Empire employment hubs and lifestyle amenities.

Executive Summary

This 7.68-acre parcel presents an outstanding opportunity for residential development in Riverside County’s sought-after Lake Mathews area. Situated at the intersection of Lake Matthews Drive and Eagle View Road, the site offers an appealing landscape with striking views of the surrounding hills and close proximity to the scenic Lake Mathews reservoir. Zoned R2.5, the property is well-suited for single-family residential use, providing a sizable, flexible canvas for building multiple homes or custom estate properties.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 7.68 AC
Cross Streets Eagle View Rd.
Zoning R2.5 - Residential

1 Lot Available

Lot

Lot Size 7.68 AC

7.68-acre residential parcel at Lake Matthews Dr & Eagle View Rd in Perris. Zoned R2.5 for single-family development with convenient access to Cajalco Rd, I-215, and SR-91. Scenic views and growth area ideal for custom homes or subdivision.

Description

Positioned only minutes from major regional connectors, the land benefits from direct access to Cajalco Road and is just a short drive from both I-215 and SR-91, ensuring seamless connectivity to Riverside, Corona, and the Inland Empire region. The area is experiencing ongoing growth and residential expansion, adding long-term value for developers and investors. With no existing improvements, this blank slate offers design freedom and development potential in a peaceful, natural setting while maintaining convenient accessibility to urban amenities.

Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
286-140-020
Land Assessment
$460,187
Improvements Assessment
$0
Total Assessment
$460,187
  • Listing ID: 40132028

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: Lake Matthews Dr, Perris, CA 92570

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