




$376,000
Est. $2,106/mo16538 Canyon Ridge Rd, Riverside, CA 92503
About this home
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.
infoProperty Facts
Lot Size
26,572 sqft
Property Type
Water Position With Land
Days on Market
33
HOA Fee
N/A
MLS #
IG25272818
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Zero To One Unit Acre
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Foothills
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Similar Homes You Might Like
Based on price, location, and features
No similar listings found at this time.
Recently Sold
No similar listings found at this time.