12193 Raley Drive, Riverside

Riverside Home For Sale

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!

Property Details

12193 Raley DriveSquare Ft: 4,771Lot Size: 5.68Bedrooms: 8Bathrooms: 5Price: $1,499,000Zip: 92505
MLS® #: OC24056889Levels: TwoSchool District: Riverside UnifiedDays on Market: 82Listed By: Mase Abdeshahian, Regency Real Estate Brokers

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Riverside
  • County:
    Riverside
  • Zip:
    92505
  • MLS® #:
    OC24056889
  • Bedrooms:
    8
  • Bathrooms:
    5
  • Square Ft:
    4,771
  • Lot Size:
    5.68
  • Levels:
    Two
  • School District:
    Riverside Unified
  • HOA Dues:
    $

Price Change History for 12193 Raley Drive, Riverside, (MLS® #OC24056889)

Date Details Price Change
Price Reduced (from $1,599,000) $1,499,000 $100,000 (6.25%)
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Based on information from California Regional Multiple Listing Service, Inc. as of June 16th, 2024 at 6:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.