13
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$495,000
Est. payment /mo
0.63 Acres Lot
New
16527 Canyon Ridge DR Riverside, CA 92503
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26103232
HOA Y/N No
Lot Size 0.630 Acres
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 Riverside's desirable hillside communities, the property offers convenient access to shopping, dining, golf courses, parks, schools, and major commuter routes while maintaining a private estate-style setting surrounded by upscale custom homes.
Fully entitled after extensive design, engineering, and approval efforts, this is a truly rare opportunity to acquire a builder-ready luxury custom home project with significant time savings and reduced development risk. Ideal for custom home builders, luxury spec developers, investors, or owner-builders looking to move directly toward construction.
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 Riverside's desirable hillside communities, the property offers convenient access to shopping, dining, golf courses, parks, schools, and major commuter routes while maintaining a private estate-style setting surrounded by upscale custom homes.
Fully entitled after extensive design, engineering, and approval efforts, this is a truly rare opportunity to acquire a builder-ready luxury custom home project with significant time savings and reduced development risk. Ideal for custom home builders, luxury spec developers, investors, or owner-builders looking to move directly toward construction.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning R-A
Interior
Fireplace No
Exterior
Community Features Biking, Foothills, Hiking, Park
View Y/N Yes
View City Lights, Hills
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 271263008
Acceptable Financing Conventional, Submit
Listing Terms Conventional, Submit
Special Listing Condition Standard
Listed by YACOUB FARSAKH CENTRAL PACIFIC PROPERTIES 323-510-5430, DRE #01825139