12193 Raley Drive,  Riverside  (92505)

$1,499,000

8 bedrooms 8   5 bathrooms 5   4771 square feet 4,771
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Listed By: Mase Abdeshahian of Regency Real Estate Brokers

PROPERTY DETAILS

Address: view address
Riverside, CA 92505
Map Location
Features: Air Conditioning, Golf Course, Multi-level, Pool
Bedrooms:8Bathrooms:5 (full: 5)
Square Feet:4,771 sq.ft.Lot Size:247421.0
Year Built:1948Views:Panoramic
Property Type:Single Family ResidenceCounty:Riverside
List Date:2024-03-24Listing Number:OC24056889
Listed By:Regency Real Estate BrokersListing Office:949-743-4186
Days on market:80

PROPERTY DESCRIPTION

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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Interior

Appliances

Appliances:Gas Cooktop, Gas Oven, Gas Range

Features

Fireplace features:See RemarksFlooring:Concrete
Laundry Features:Gas Dryer Hookup, Electric Dryer HookupLaundry:Yes
Window Features:Blinds

Cooling & Heating

Cooling features:Central AirHeating features:Central
Heating:Yes

Exterior

Exterior and Lot

Lot features:SecludedConstruction Materials:Brick
Foundation details:SlabRoof:Composition

Pool and Spa

Pool:YesPool Features:Private
Spa Features:NoneSpa:Yes

Parking

Parking features:Circular Driveway, RV Access/Parking, Attached Carport, Carport, Driveway, Covered, Private

Property Features

Fencing:Wrought Iron, Privacy

Property and Lot Details

Features

Security Features:Security GateCommunity Features:Park, Street Lights, Golf
Accessibility Features:Safe Emergency Egress from Home

View

Views:Valley, City Lights, Hills, Canyon, City, Panoramic, Mountain(s), Trees/WoodsHas View:Yes

Other

Sewer:Septic Tank

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1948Levels:Two
Stories:2

Lot

Lot Dimensions:247421.0

Condition

Property Condition:Fixer

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Mase Abdeshahian of Regency Real Estate Brokers