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!
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyRiverside
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site101 Days
- MLS StatusActive
- MLS ID NumberOC24056889
- Home Size Source Assessor
- Year Built1948
- Lot Size5.68 Acres
- Full Baths5
- Partial BathsN/A
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General Features
- Construction Brick
- Parking CarportAttached CarportCircular DrivewayCoveredDriveway - CombinationDriveway Up Slope From StreetPrivateR V Access/ Parking
- Parking Spaces 0
- Sewer Septic Tank
- Number of Stories 22
- Acreage 5.68
- Water Public
- Security Automatic Gate
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Utilities Electricity ConnectedPhone ConnectedSee RemarksWater Connected
- Foundation Slab
- Zoning R1
- Listing Conditions Standard
- Property Condition Fixer
Interior Features
- Cooling Central Air
- Heating Central
- Appliances Gas OvenGas RangeGas Cooktop
- Flooring Concrete
- Fireplace Features See Remarks
- Laundry Features Gas & Electric Dryer HookupGas Dryer Hookup
- Window Features Blinds
- Fireplace Yes
Exterior Features
- Roof Composition
- View CanyonCity LightsHillsMountain(s)PanoramicRocksTrees/ WoodsValley
- Fencing PrivacyWrought Iron
- Pool true
- Spa No
- Pool Features Private
- Spa Features None
- Private Pool true
- Lot 2-5 Units/ Acre6-10 Units/ AcreLot Over 40000 SqftRocksSecludedSprinklers TimerValue In Land
- Road Frontage City Street
- Other Structures Guest House
Community Features
- Association Dues 0
- Community Features Dog ParkGolfParkStreet Lights
- Senior Community No
- MLS Area 252 - Riverside
- Security Features Automatic Gate