12193 Raley Drive Pending

Riverside,CA 92505

$ 1499000

8 Beds

5 Baths

4771 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 4,771 sqft

Price per Sqft $314

MLS Listing ID CROC24056889

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1948

Lot Size 5.680 Acres

Acres 5.68

Property Sub-Type Single Family Residence

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!

Location

State CA

County Riverside

Zoning R6W

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Fireplaces Type See Remarks

Fireplace Yes

Appliance Gas Range

Laundry Gas Dryer Hookup,Other

Exterior

Exterior Feature Sprinklers Automatic,Other

Utilities Available Other Water/Sewer

View Y/N true

View Canyon,City Lights,Hills,Mountain(s),Panoramic,Valley,Trees/Woods,Other

Handicap Access Other

Private Pool true

Building

Lot Description Secluded,Street Light(s)

Story 2

Foundation Slab

Water Public,Other

Level or Stories Two Story

New Construction No

Schools

School District Riverside Unified

Others

Tax ID 168340001

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