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$376,000

$1,900Reward *

16538 Canyon Ridge Rd, Riverside, CA 92503Listing ID IG25272818

16538 Canyon Ridge Rd, Riverside, CA 92503

Active

Time on site: 240 days • Last updated: Apr 16, 2026

Property Type

Land

Property Sub Type

Water Position With Land

Acres

0.61

Days on Site

239

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

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KJEFFPEN

16538 Canyon Ridge Rd, Riverside, CA 92503

Market Report for 92503

Property Information

Property Details

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