Luxury Hillside Estate Development
For Sale
Contact for pricing
16527 Canyon Ridge, Riverside, CA 92503
Approved plans for a luxury estate in Canyon Ridge, Riverside.
Property SizeContact for details
Lot Size0.63 Acres
Days on Market103
Property Features for 16527 Canyon Ridge
General Information
Standard status
Active
Lot size
0.63 Acres
Property subtype
Land
Listing Agency:
CENTRAL PACIFIC PROPERTIES
Listed By:
YACOUB FARSAKH · License #01825139
Source:
Crexi
Added: May 13
Changed: Aug 8
Last Checked: Jul 16 at 3:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTRAL PACIFIC PROPERTIES
Investment Insights
Based on property information with market context.
This property presents a development opportunity in the Canyon Ridge/Woodcrest area of Riverside. Approved plans are included for a luxury hillside estate. The approximately 0.63-acre parcel features approved plans for a custom residential compound. The plans include an approximately 2,579 square foot two-story single-family residence, plus a detached approximately 1,000 square foot Accessory Dwelling Unit (ADU) with an attached garage, creating approximately 3,579 square feet of total planned living space. The project design incorporates attached garages, expansive outdoor living areas, generous parking, and a layout designed to maximize the hillside setting and surrounding views. Extensive pre-development and entitlement work has 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 hillside layout with setback compliance, retaining wall coordination, integrated drainage planning, and a fully designed ADU component. The ADU enhances future resale value, rental income potential, and multigenerational living flexibility. The property is located within one of Riverside's hillside communities.
Key Highlights
- Approved plans for a luxury hillside estate, ready for development.
- Bypasses lengthy and costly California entitlement process.
- Includes plans for a 2,579 SF two‑story single‑family residence plus a detached 1,000 SF ADU.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 92503, CA
90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved plans for a luxury estate in Canyon Ridge, Riverside.
Where is this residential land & home lot located?
The property is located at 16527 Canyon Ridge Riverside, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approved plans for a luxury hillside estate, ready for development.; Bypasses lengthy and costly California entitlement process.; Includes plans for a 2,579 SF two‑story single‑family residence plus a detached 1,000 SF ADU.
