12193 Raley Dr
riverside, CA 92505$1,499,000
- 8 BR5 BAAPPROX. 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

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE