16538 Canyon Ridge Rd, Riverside, CA 92503 | For Sale

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For Sale $376,000

$376,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 26,572 Sq Ft

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, 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 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 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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $376,000
Property Type Lots/Land
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 271252050
MLS # IG25272818
Property ID 322449669
Lot Sqft 26,572
Zoning residential
Days on Market 10
Original List Price $376,000
Date Updated December 13, 2025
Date Created December 12, 2025
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Listing Provided By

Penny Jeffery an agent of . Lic #01860547


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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