16527 Canyon Ridge Drive, Riverside 92503

$350,000

Previous Next

27,443

Lot Size

Listing Agent
Yacoub Farsakh - CENTRAL PACIFIC PROPERTIES

About 16527 Canyon Ridge Drive

Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge / Woodcrest area of Riverside. This shovel-ready project offers an exceptional opportunity for developers, investors, builders, and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement process. Situated on an approximately 0.63-acre parcel, the property includes approved plans for a stunning custom residential compound featuring an approximately 2,579 SF two-story single-family residence plus a detached approximately 1,000 SF ADU with its own attached garage, creating approximately 3,579 SF of total planned living space. The thoughtfully designed project also includes attached garages, expansive outdoor living areas, generous parking accommodations, and a layout designed to maximize the hillside setting and surrounding views. Extensive pre-development and entitlement work has already been completed, including architectural plans, structural engineering, grading design, soils and geotechnical reports, septic system engineering, Title 24 compliance, fire zone compliance, utility coordination, and site planning. The approved site plan incorporates a carefully planned hillside layout with substantial setback compliance, retaining wall coordination, integrated drainage planning, and a fully designed ADU component that significantly enhances future resale value, rental income potential, and multigenerational living flexibility. Located within one of Riverside’s desirable hillside communities, the property offers convenient access to shopping, dining, golf courses, parks, schools, and major commuter routes while maintaining a private estate-style setting surrounded by upscale custom homes. Fully entitled after extensive design, engineering, and approval efforts, this is a truly rare opportunity to acquire a builder-ready luxury custom home project with significant time savings and reduced development risk. Ideal for custom home builders, luxury spec developers, investors, or owner-builders looking to move directly toward construction.

Features of 16527 Canyon Ridge Drive

MLS® # IV26103232
Price $350,000
Bathrooms 0.00
Lot Size 27,443
Type Land
Status Active

Community Information

Address 16527 Canyon Ridge Drive
Area 252 - Riverside
City Riverside
County Riverside
Zip Code 92503

Amenities

View City Lights, Hills
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description ZeroToOneUnitAcre

Additional Information

Date Listed May 12th, 2026
Days on Market 128
Zoning R-A
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentYacoub Farsakh
OfficeCENTRAL PACIFIC PROPERTIES

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?