$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

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!

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

Map View


$1,599,000 - 12193 Raley Drive, Riverside, CA 92505

Street View


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12193 Raley Drive
Riverside, CA 92505
County: Riverside