MLS# OC24056889 - 12193 Raley Drive, Riverside, CA 92505
$1,599,000
Beds:
8
Baths:
5
Sqft:
4,771
Sqft lot:
247,421
Acre lot:
5.68
33 Days On Market
Courtesy of Regency Real Estate Brokers.
Status:
Active
Property Type:
Detached
Year Built:
1948
Days On Website:
33
Property Details for 12193 Raley Drive, Riverside, CA 92505
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!
Open House
Features
Bathrooms
- 5 full bathrooms
- 5 total bathrooms
Bedrooms
- 8 bedrooms
- 8 total bedrooms
Building
- 4,771 estimated square feet
- Built in 1948
- 2 stories
- 2 story
Cooling
- Central Forced Air
Exterior Features
- Brick
Fence
- Privacy
- Wrought Iron
Water Features
- Public
Heating
- Forced Air Unit
Interior Features
- Interior wall: drywall
Laundry
- Gas
- Gas & Electric Dryer HU
Listing
- Source: SDMLS
- For Sale
- 17 days on market
- Listed on 2024-03-19
Location
- County: Riverside
Lot
- Approximately 247,421 square feet
- Approximately 5 acres
Miscellaneous
- Value in Land
Parking
- Non-Garage Parking: Carport,Circular Driveway,Driveway - Combination,Private
- RV Parking: On-Site Parking
Pool
- Private
Property
- Irrigation: Automatic
- Mountains/Hills
- Panoramic
- Valley/Canyon
- Rocks
- Trees/Woods
- City Lights
Roof
- Composition
Sewer
- Conventional Septic
Property Map
Map View
$1,599,000 - 12193 Raley Drive, Riverside, CA 92505
Street View
Directions
12193 Raley Drive
Riverside, CA 92505
County: Riverside