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16527 Canyon Ridge Drive, Riverside, CA 92503

$495,000
  • 16527 Canyon Ridge Drive, Riverside, CA 92503 Main Photo

13 Photos

New to the Market Active
LOT SIZE 0.630 acres MLS#IV26103232
STATUSActive PROPERTY TYPELand - Residential

Listing Courtesy of: CENTRAL PACIFIC PROPERTIES
Agency Phone: 323-510-5430
Associate Name: YACOUB FARSAKH
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Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


Property 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 Riversides 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.

16527 Canyon Ridge Drive | MLS# IV26103232

This land located at 16527 Canyon Ridge Drive, Riverside, CA 92503 is currently listed for sale with an asking price of $495,000. The property has approximately 0.63 Acres. Search Riverside real estate on www.cce-escrow.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.63 Acres

Feature Descriptions

Community Features: Biking, Foothills, Hiking, Park
Days on Site: 4
Lot: 0-1 Unit/Acre
Parcel#: 271263008
Special View Info: City Lights, Hills
Water: Public

Listed By / Shown By

Listed By

Agency Name: CENTRAL PACIFIC PROPERTIES
Agency Phone: 323-510-5430
Agent Name: YACOUB FARSAKH

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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Estimate Your Payment

Estimated Payment

$ 1,246.03 per month $1,101.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/17/2026. The listing information on this page last changed on 05/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/17/2026 12:00:00 AM EST) or CRMLS (last updated Sat 05/16/2026 11:49:52 PM EST) or GEMLS (last updated Sat 05/16/2026 11:13:13 PM EST) or Tehachapi MLS (last updated Sat 05/16/2026 11:00:32 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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