49450 Kiowa Dr Aguanga, CA 92536
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About this home
Equestrian Dream Property in Aguanga's Lake Riverside Estates! Welcome to this beautiful country home on 3.1 acres of usable fenced property— a rare opportunity to own an idyllic equestrian homestead nestled on 3.1 usable, fully fenced acres in the highly desirable Lake Riverside Estates community. This charming home offers just over 2,000 sq ft of well-designed living space, including a private mother-in-law suite perfect for guests or extended family. Inside, you’ll find an open-concept layout with vaulted ceilings, a spacious and sunlit kitchen with abundant counter space, and a great room that boasts breathtaking views of Cahuilla Mountain through an oversized picture window. Step outside to your private backyard oasis featuring a large patio with sliding panel glass doors, a relaxing spa, and a tranquil garden area — perfect for entertaining or soaking in the serenity. Equestrian lovers, take note: the barn is a true showstopper! This beautifully maintained facility includes a 4-stall motel with wash rack and tack/vet room. The property also features multiple hitching posts, turnouts with shelters, dedicated tack areas, and three well-designed arenas — ideal for training, events, or casual riding. There’s also a large livestock area with an enclosed chicken coop, and direct gated access to scenic creekside riding trails at the bottom of the lot. Need room for projects or toys? The oversized 800+ sq ft garage provides plenty of space for storage, hobbies, or vehicles. Located in the gated Lake Riverside Estates community, residents enjoy access to a private airstrip, 55-acre lake with fishing, pool, playgrounds, BBQ areas, security patrol, and miles of equestrian trails. Don’t miss this one-of-a-kind opportunity to live the equestrian lifestyle you’ve always dreamed of — all within a peaceful, gated community in Aguanga.
Source: CRMLS #SW25219104
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.