REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 376,000
Est. payment /mo
Active
16538 Canyon Ridge Rd Riverside, CA 92503
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Water Position With Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25272818
HOA Y/N No
Property Sub-Type Water Position With 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 flexibility—construct one luxury estate or develop two separate single-family residences, each situated on its own individual ¾-inch water meter, a significant advantage for cost efficiency and project feasibility.
The site includes valuable pre-development improvements, including rough grading, 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 views—ideal 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 rare 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.
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 flexibility—construct one luxury estate or develop two separate single-family residences, each situated on its own individual ¾-inch water meter, a significant advantage for cost efficiency and project feasibility.
The site includes valuable pre-development improvements, including rough grading, 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 views—ideal 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 rare 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
Area 252 - Riverside
Zoning residential
Interior
Fireplace No
Exterior
Community Features Foothills
View Y/N Yes
View Hills, Neighborhood, Panoramic
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 271252050
Acceptable Financing Cash to New Loan, Conventional, Submit
Listing Terms Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
Listed by Penny Jeffery Best Realty Partners 951-317-5045