$376,000
Est. payment /mo
0.61 Acres Lot
New
16538 Canyon Ridge Rd Riverside, CA 92503
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25272818
Lot Size 0.610 Acres
Property Sub-Type Lots/Land
Property Description
BUILDER / DEVELOPER OPPORTUNITY TWO PARCELS WITH FANTASTIC VIEWS! Rare opportunity for builders and developers to acquire two contiguous parcels totaling over 25,000 square feet in the desirable Canyon Ridge Estates neighborhood of Riverside. Offered together, this property presents excellent development flexibilityconstruct one luxury estate or develop two separate single-family residences, each situated on its own individual -inch water meter, a significant advantage for cost efficiency and project feasibility. The site includes valuable pre-development improvements, including rough grading, a retaining wall, and full perimeter fencing, helping reduce entitlement timelines and upfront infrastructure costs. The elevated topography positions the property above neighboring homes along Seven Hills Drive, delivering unobstructed mountain and valley viewsideal for higher-end resale or custom builds. Located on a corner lot, the parcels included in the sale are APN 271252051 and APN 271252050. Water meter information may be independently verified with Western Municipal Water District. This is a turnkey development opportunity in an established neighborhood, well-suited for spec builders, custom home builders, or investors seeking build-ready lots with utilities in place and strong upside potential.
Location
State CA
County Riverside
Direction Vanburen and Canyon RIdge dr
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 271252050
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Penny Jeffery Best Realty Partners
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