Property Description

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!

Features
: Central
: Central Air
: Other, City Lights, Mountain(s), Hills, Valley, Canyon, Panoramic, Trees/woods
: Other
: Gas Range
: See Remarks
: Concrete
0
: Gas Dryer Hookup, Other
: Secluded, Street Light(s)
: Covered, Other, Private, Rv Access
: Composition
Address Map
CA
Riverside
Riverside
92505
12193 Raley Drive
0
W118° 29' 33.1''
N33° 54' 30.3''
Turn onto Raley dr from Riverwalk, property will b
MLS Addon
Regency Real Estate Brokers
Mase Abdeshahian
mase@realtormase.com
: Dog Park
: Brick, Other
: Slab
: Two Story
CR370893293
CR304659
CR25591
: Public

Residential For Sale

12193 Raley Drive, Riverside, California 92505

8 Bedrooms
5 Bathrooms
4,771 Sqft
$1,499,000
Listing ID #CROC24056889
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : CROC24056889
Price : $1,499,000
Bedrooms : 8
Bathrooms : 5
Square Footage : 4,771 Sqft
Year Built : 1948
Lot Area : 247,421 Sqft
Bathrooms Total : 5
Status : Active
Property SubType : Single Family Home
Agent info
Michael Roberts
Contact Agent