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12193 Raley Drive

Riverside, CA 92505
  • $1,599,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: OC24056889
$1,599,000
  • 8
    BEDS
  • 5.68
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,771
    SQFT
  • $335
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:

School Ratings & Info

School District:
Listing Agent(s): Mase Abdeshahian of Regency Real Estate Brokers (949-707-4400) and Amy Taylor of ()


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
www.steelecanyonrealty.com/homes/148901584
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12193 Raley Drive Riverside, CA 92505

  • Price: $1,599,000
  • Status: Active
  • On Site: 23 Days
  • ID#: OC24056889
8
Beds
5
Baths
0
½ Baths
5.68
Acres
4,771
SQFT
$335
$/SQFT
1948
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
School District:
Riverside Unified
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!
Exterior Features

Carport YN Yes Construction Materials BrickDrywall Entry Level 1 Entry Location 1 Fencing PrivacyWrought Iron Foundation Details Slab Lot Features 2-5 Units/Acre6-10 Units/AcreLot Over 40000 SqftRocksSecludedSprinklers TimerValue In Land Other Structures Guest House Parking Features Attached CarportCircular DrivewayCoveredCarportDrivewayDriveway Up Slope From StreetPrivateRV Access/Parking Parking Total 0 Pool Features Private Pool Private YN Yes Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Sign On Property YN No Spa Features None Spa YN No View City LightsCanyonHillsMountain(s)PanoramicRocksValleyTrees/Woods View YN Yes

Interior Features

Accessibility Features Safe Emergency Egress from Home Appliances Gas CooktopGas OvenGas Range Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Flooring Concrete Heating Central Heating YN Yes Main Level Bathrooms 3 Main Level Bedrooms 2 Window Features Blinds

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Dog ParkGolfParkStreet Lights Current Financing None Electric Electricity - On Property Exclusions Caboos Garage YN No Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalCal Vet Loan1031 ExchangeFHA New Construction YN No Possession Close Of Escrow Property Condition Fixer Property Sub Type Single Family Residence Security Features Security Gate Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedPhone ConnectedSee RemarksWater Connected Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
 
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Steele Canyon Realty
5923 Severin Drive
La Mesa CA, 91942
Listing Agent(s): Mase Abdeshahian of Regency Real Estate Brokers (949-707-4400) and Amy Taylor of ()