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!
Single-familyProperty Type
1948Year Built
5.68 acresLot Size
$282Est. Price/Sq.Ft.
Listed by Mase Abdeshahian•DRE #02200526• Regency Real Estate Brokers
Listed by Amy Taylor•DRE #01015533• Regency Real Estate Brokers
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5.68 Acres
Year renovated
1997
Sq. Ft.
1,248
Year built
1996
Style
Other
County
Riverside County
APN
168340001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
RC
Residential Conservation Zone
The Residential Conservation Zone (RC) is established consistent with General Plan objectives and voter approved initiatives (Proposition R and Measure C) to protect prominent ridges, hilltops and hillsides, slopes, arroyos, ravines and canyons, and other areas with high visibility or topographic conditions that warrant sensitive development from adverse development practices, and specifically, to achieve the following objectives: To preserve and enhance the beauty of the City's landscape; To maximize the retention of the City's natural topographic features, including, but not limited to, skyline profiles, ridgelines, ridge crests, hilltops, hillsides, slopes, arroyos, ravines, canyons, prominent trees and rock outcrops, view corridors, and scenic vistas through the careful selection and construction of building sites and building pads on said topographic features.; To assure that residential use of said topographic features will relate to the surrounding topography and will not be conspicuous and obtrusive because of the design and location of said residential use; To reduce the scarring effects of excessive grading for building pads and cut and fill slopes; To prevent the construction of slopes inadequately protected from erosion, deterioration or slippage and To conserve the City's natural topographic features.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Ranch
Housing-Group
Housing-Single unit
Housing-Other
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Property details
Parking
Parking / Garage Information
Carport, Carport Attached, Circular Driveway, Covered Parking, Driveway - Combination, Driveway Up Slope From Street, Private, RV Access/Parking
Has Parking
Interior
Laundry Information
Has Laundry
Gas & Electric Dryer Hookup, Gas Dryer Hookup
Kitchen Information
Appliances: Gas Oven, Gas Range, Gas Cooktop
Has Appliances
Area
Bathroom Information
# of Baths (Full): 5
Shower, Shower in Tub
Cooling Information
Central
Has Cooling
Room Information
See Remarks
Fireplace Information
See Remarks
Has Fireplace
Flooring Information
Concrete
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two
Main Level Bathrooms: 3
Main Level Bedrooms: 2
Security Features: Automatic Gate
Window Features: Blinds
Exterior
Exterior Information
Structure Type: House
Roof: Composition
Other Structures: Guest House Detached
Fencing: Privacy, Wrought Iron
Has Fence
Construction Materials: Brick, Drywall Walls
Foundation Information
Foundation Details: Concrete Slab
Certified 433a
Exterior Features
Pool Features: Private
Has Pool
Has Sprinklers
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Rocks, Secluded, Sprinklers Timer, Value In Land
Property Information
Total # of Units: 2
Accessibility Features: 2+ Access Exits
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 168340001
Property Condition: Fixer
Total # of Stories: 2
Has View
Year Built Source: Public Records
Property ADU: No
# of Property ADU: 1
Financial
Assesments Information
Assessments: Special Assessments
Utilities
Utilities Information
Electric: Electricity - On Property
Sewer: Septic Tank
Electricity Connected, Telephone - On Property, See Remarks, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Dog Park, Golf Course, Park, Street Lighting
School Information
High School District: Riverside Unified
Location Information
Latitude: 33.90868500
Longitude: -117.50791800
Directions: Turn onto Raley dr from Riverwalk, property will be on the right hand side
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: R6W
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,248
Stories: 1.0
Lot Size: 5.68 acres
Style: Other
Year Built: 1996
Year Renovated: 1997
County: Riverside County
APN: 168340001
Home facts updated by county records on Aug 7, 2026
Other
Miscellaneous Information
Exclusions: Caboos
Listing Information
IDX Contact Info: 949-743-4186
Days Active in MLS: 212
Continuous Days Active in MLS: 212
Listing Agent Information
List Agent First Name: Mase
List Agent Last Name: Abdeshahian
Co-List Agent First Name: Amy
Co-List Agent Last Name: Taylor
Listing Office Information
List Office Name: Regency Real Estate Brokers
Co-List Office Name: Regency Real Estate Brokers
Selling Agent Information
Buyer Agent First Name: NONE
Buyer Agent Last Name: NONE
Selling Office Information
Buyer Office Name: None MRML
Around this home
Schools
Phillip M. Stokoe Elementary School
Public K-5 • Assigned • 0.5mi
3/10
Ysmael Villegas Middle School
Public 6-8 • Assigned • 1.7mi
6/10
Hillcrest High School
Public 9-12 • Assigned • 1.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 102° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
19 unhealthy days expected this year, 23 days in 30 years
Provided by First Street
Historical weather
Riverside, CA • 92505
Average low and high temperatures (°F)
67
47
71
50
74
52
73
52
77
56
83
60
85
62
91
67
87
64
82
57
71
50
70
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.28M – $1.55M
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