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listing
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Single FamilyFor Sale
$1,499,000
12193 Raley Drive
Riverside, CA 92505
Listed by Mase Abdeshahian DRE#02200526 [email protected] Regency Real Estate Brokers
MLS: California Regional MLS (CRMLS)
8Beds
5Baths
4,771Sq Ft
Est. Mortgage
$7,838/mo

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!

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Information courtesy of Regency Real Estate Brokers is subject to verification and is not guaranteed.
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