12193 Raley Dr

riverside, CA 92505

$1,499,000

  • 8 BR
    5 BA
    APPROX. 4,771 SF
  • sold

INTERESTED? LET'S CONNECT

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!

Details

4,771 Sq Ft

5.68 Private Acres Exterior Space

Single Family Home

Built in 1948

MLS/Listing ID OC24056889

2 Stories

2 Units

Amenities & Features

Wrought-iron

Construction - Brick

Construction - Drywall

Community - Dog Park

Community - Golf

Community - Park

Community - Street Lights

Gas Cooktop

Gas Oven

Gas Range

Safe Emergency Egress from Home

Valley View

Pool - Private

Parking - Attached Carport

Parking - Carport

Parking - Circular Driveway

Parking - Covered

Parking - Driveway

Parking - Driveway Up Slope From Street

Parking - Private

Parking - RV Access Parking

Lot - Rocks

Lot - Secluded

Lot - Sprinklers on Timer

Lot - Value In Land

Electric Dryer Hookup

Gas Dryer Hookup

Slab

Trees Woods View

Rocks View

Panoramic View

Mountains View

Hills View

City Lights View

Canyon View

Blinds

Composition

Privacy

Concrete

Listing Courtesy of REGENCY REAL ESTATE BROKERS, MASE ABDESHAHIAN

CRMLS

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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