Cheryl Riley

Cheryl Riley

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$1,049,900

($228,285 down)
VA

11499 Bridgeway Drive, Riverside, CA 92505

5
4
3,989 sqft
PITI Monthly
$5,422.69 /mo

Listing courtesy of: Whenrica McAfee, Excellence RE Real Estate

Assumed Rate

3.75%
7.15%

Principal & Interest

$4,029 /mo
$5,876 /mo

What's Special

GATED COMMUNITY
ENTERTAINMENT
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
EN SUITE BATHROOM
SOAKING TUB
GAME ROOM
WALKING TRAILS
PLAYGROUND
COZY

Stunning TURN-KEY 5 bedroom, 4 full bathroom, 3 Car Garage, approximately 4000 sf Home in the Exclusive Montecito Gated Community Welcome to this beautiful 5-bedroom 4-bathroom home in the highly desirable gated community of Montecito. Offering nearly 4,000 square feet of thoughtfully designed living space, this home provides the perfect balance of comfort, style, and functionality. With a private pool, a three-car garage, and an open-concept layout, it’s an ideal setting for both everyday living and entertaining. The kitchen is a chef’s dream, featuring granite countertops, a walk-in pantry, and seamless flow into the family room. Here, a cozy fireplace serves as the centerpiece, while large sliding doors lead to the backyard oasis. One of the standout features of this home is the spacious downstairs junior suite—perfect for guests or extended family—allowing privacy for both visitors and homeowners. Upstairs, you’ll find the remaining bedrooms, a versatile loft/game room, and a convenient laundry room. The oversized primary suite offers a true retreat, complete with a luxurious en suite bathroom featuring double vanities, a makeup station, a soaking tub, a walk-in shower, and dual walk-in closets. Outside, the backyard is designed for relaxation and entertainment, with a sparkling pool and an outdoor grilling area—ideal for enjoying warm afternoons and evenings. As a resident of this private community, you’ll have access to scenic walking trails, volleyball and basketball courts, a park, and a tot playground. Conveniently located near the University of California, Riverside, The Shops at Riverwalk, and Riverwalk Bark Park, this home offers both luxury and convenience. Don’t miss your chance to experience everything this incredible property has to offer—schedule your private tour today!

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Assumption Snapshot

Type of Loan
VA
Interest Rate
3.75
Remaining Loan Term
27 years, 1 months
Monthly PITI
$5,422.69/mo
Estimated Loan Balance
$825,973
Cash to close
$228,285
Interest Paid
$92,634

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Block, ExcellentCondition, Vinyl
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, DogPark, Park, StreetLights, Sidewalks, Gated
HOA
  • Has HOA: Yes
  • HOA Name: Lordon Management
  • HOA Amenities: Unknown
  • HOA Fee: $216
  • HOA Frequency: $Monthly
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $263.2
  • Tax Annual Amount: $13123.8
  • On Market Date: 2025-04-12T00:00:00.000Z
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Apply to Assume

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Savings Calculator

Current cash to close is $228,285 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $228,285!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$821,615
Your Cash$228,285
Total Purchase Price:$1,049,900

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$4,029/mo
Traditional @ 7.15%
$6,095/mo
You save $2,066/month ($24,792/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25063087

Listing From:

Last updated: 2025-04-13T13:40:12.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.75%
7.15%

Principal & Interest

$4,029 /mo
$5,876 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $228,285 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $228,285!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$821,615
Your Cash$228,285
Total Purchase Price:$1,049,900

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$4,029/mo
Traditional @ 7.15%
$6,095/mo
You save $2,066/month ($24,792/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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