Huge price reduction and an additional buyer's incentive! (Ask your Realtor for details)! This amazing, custom/luxury ranch home is located within the coveted (Gated/Lake & Equestrian) Lake Riverside Estates community. The property has its own electric/gate entrance, and is fully fenced with three rail fencing with mesh. Enjoy expansive surrounding views, including Cahuilla Mountain. There are Two wells included (Free Water!). The spacious and modern open floor plan offers vaulted ceilings, three spacious/oversized bedrooms, two baths, and a separate/large bonus room including exterior French doors (could be a great office), a formal dining room (currently being used as an office), plantation shutters throughout, water filtration system, & main living area wood flooring. The kitchen includes custom cabinetry, a large pantry, expanded garden window kitchen nook, granite countertops, stainless steel appliances, and an island that overlooks the family room. The expansive master bedroom includes a large walk-in closet, exterior French doors, and you'll enjoy the master bathroom with all of its amenities, including an oversized tub, shower, and dual vanity. The laundry room, and secondary bedrooms include a separate writer’s desk area as well. This property could be ideal for horses as the home is perched up above the back end, and sides, where a great pasture could be cleared. The property even includes an over-sized shed, currently being used as a custom observatory, with electric roof retraction! There's plenty of room to add a barn or RV garage, ADU, and room for all the toys. The community includes tons of amenities, such as a 65-acre lake (enjoy fishing, kayaking, swimming, picnic, and barbecue areas and much more); miles of equestrian trails; sports courts; community pool; meeting room; equestrian center with arena and round pen; security patrol; bike pump track, and an approximate 3,600-foot lighted private airstrip. The roads are HOA maintained, and the Cal-Fire station is within the community. All of this, about 25 minutes away from Temecula (closer to wineries), and about 40 minutes to Palm Desert. Cahuilla Casino is just down the street! Hurry while available!