$495,000

For Sale

14 days ago

16527 Canyon Ridge Drive, Riverside, CA

Name: 16527 Canyon Ridge Drive, For Sale in Riverside - eXp Realty
Brand: CENTRAL PACIFIC PROPERTIES
SKU: IV26103232
Price: 495000 USD

House

MLS® IV26103232

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Land

Size -

Garage

Taxes

Days Active 13

Lot Size

Approx. Age

MLS® Number IV26103232

Property Address: 16527 Canyon Ridge Drive, Riverside, CA, 92503

Average square foot calculated using Size range provided by listing agent.

Description

Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge / Woodcrest area of Riverside. This shovel-ready project offers an exceptional opportunity for developers, investors, builders, and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement process. Situated on an approximately 0.63-acre parcel, the property includes approved plans for a stunning custom residential compound featuring an approximately 2, 579 SF two-story single-family residence plus a detached approximately 1, 000 SF ADU with its own attached garage, creating approximately 3, 579 SF of total planned living space. The thoughtfully designed project also includes attached garages, expansive outdoor living areas, generous parking accommodations, and a layout designed to maximize the hillside setting and surrounding views. Extensive pre-development and entitlement work has already been completed, including architectural plans, structural engineering, grading design, soils and geotechnical reports, septic system engineering, Title 24 compliance, fire zone compliance, utility coordination, and site planning. The approved site plan incorporates a carefully planned hillside layout with substantial setback compliance, retaining wall coordination, integrated drainage planning, and a fully designed ADU component that significantly enhances future resale value, rental income potential, and multigenerational living flexibility. Located within one of Riverside’s desirable hillside communities, the property offers convenient access to shopping, dining, golf courses, parks, schools, and major commuter routes while maintaining a private estate-style setting surrounded by upscale custom homes. Fully entitled after extensive design, engineering, and approval efforts, this is a truly rare opportunity to acquire a builder-ready luxury custom home project with significant time savings and reduced development risk. Ideal for custom home builders, luxury spec developers, investors, or owner-builders looking to move directly toward construction.

MLS® NumberIV26103232

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 12, 2026List Date

$495,000List Price

Commute

Commute

Starting Address

Destination Address

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