ActiveLand · sale

16527 Canyon Ridge Drive

Riverside, CA 92503

$495,000

  • 0.63 acres

Listed by CENTRAL PACIFIC PROPERTIES · MLS #IV26103232

A FEW THINGS TO NOTICE

What stands out.

Property size

0.63 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge Woodcrest area of Riverside This shovelready project offers an exceptional opportunity for developers investors builders and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement processSituated on an approximately 063acre parcel the property includes approved plans for a stunning custom residential compound featuring an approximately 2579 SF twostory singlefamily residence plus a detached approximately 1000 SF ADU with its own attached garage creating approximately 3579 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 viewsExtensive predevelopment 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 flexibilityLocated within one of Riversides desirable hillside communities the property offers convenient access to shopping dining golf courses parks schools and major commuter routes while maintaining a private estatestyle setting surrounded by upscale custom homesFully entitled after extensive design engineering and approval efforts this is a truly rare opportunity to acquire a builderready luxury custom home project with significant time savings and reduced development risk Ideal for custom home builders luxury spec developers investors or ownerbuilders looking to move directly toward construction

THE NEIGHBORHOOD

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16527 Canyon Ridge Drive, Riverside, CA 92503

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THE DETAILS

The details, all in one place.

Property type
Land
Category
Land
Zoning
R-A
Parcel
271263008
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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16527 Canyon Ridge Drive, Riverside, CA 92503 · MLS #IV26103232

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Listing information

MLS #IV26103232 · California Regional MLS

Listing brokerage: CENTRAL PACIFIC PROPERTIES
Listing agent: YACOUB FARSAKH

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.