$376,000
Riverside, CA 92503
Riverside
County
WaterPositionWithLand
Property Type
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.
$2,001/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.