5.7 Acres of Residential Land with Home for Sale in Riverside, California

12193 Raley Dr, Riverside, CA 92505

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$1,599,000
5.68 acres
Active sale agoEst $9,696/mo

A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note - this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out - seize this golden opportunity and turn your vision into reality today!

4,771
Sq feet
8
Beds
5
Full baths
1948
Built

Directions

Turn onto Raley dr from Riverwalk, property will be on the right hand side

Property details

Coordinates
33.9087, -117.5079
Zoning
R1
Elevation
988 feet
MLS Number
MRMLS OC24056889
Date Listed

Parcels

  • 168340001

This 5.68-acre property is located at 12193 Raley Dr in Riverside, CA 92505 with latitude 33.9087 and longitude -117.5079. The property is currently available for sale for $1,599,000. It has a 4,771 sq ft 8 bedroom, 5 bath house built in 1948. Listing data is sourced from California Regional Multiple Listing Service # OC24056889.

Verify sale details at the property source or contact Regency Real Estate Brokers at (949) 707-4400.

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Listing checked and updated . Parcel data by Regrid.

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