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$450,000
Est. payment /mo
0.63 Acres Lot
Price Dropped by $45K
16527 Canyon Ridge 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 IV26103232
Lot Size 0.630 Acres
Property Sub-Type Lots/Land
Property Description
Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge / Woodcrest area of Riverside. This shovel-ready project offers an exceptional opportunity for developers, investors, builders, and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement process. Situated on an approximately 0.63-acre parcel, the property includes approved plans for a stunning custom residential compound featuring an approximately 2,579 SF two-story single-family residence plus a detached approximately 1,000 SF ADU with its own attached garage, creating approximately 3,579 SF of total planned living space. The thoughtfully designed project also includes attached garages, expansive outdoor living areas, generous parking accommodations, and a layout designed to maximize the hillside setting and surrounding views. Extensive pre-development and entitlement work has already been completed, including architectural plans, structural engineering, grading design, soils and geotechnical reports, septic system engineering, Title 24 compliance, fire zone compliance, utility coordination, and site planning. The approved site plan incorporates a carefully planned hillside layout with substantial setback compliance, retaining wall coordination, integrated drainage planning, and a fully designed ADU component that significantly enhances future resale value, rental income potential, and multigenerational living flexibility. Located within one of Riversides desirable hillside communities, the property offers convenient
Location
State CA
County Riverside
Direction From Van Buren Blvd., head south onto Canyon Ridge Dr. Continue along Canyon Ridge Dr. past Harvey Lane. The property, 16527 Can
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 271263008
Acceptable Financing Conventional
Listing Terms Conventional

Listed by YACOUB FARSAKH, DRE#01825139 CENTRAL PACIFIC PROPERTIES
NEARBY SCHOOL & BUSINESS
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