16527 Canyon Ridge Dr

Riverside, CA 92503

$495,000
Price
27,443 / 0.63
Lot Size / Acres
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Description

Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge / Woodcrest area of Riverside. This shovel-ready project offers an exceptional opportunity for developers, investors, builders, and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement process. Situated on an approximately 0.63-acre parcel, the property includes approved plans for a stunning custom residential compound featuring an approximately...Approved plans included for a premier luxury hillside estate development opportunity in the highly desirable Canyon Ridge / Woodcrest area of Riverside. This shovel-ready project offers an exceptional opportunity for developers, investors, builders, and ambitious future homeowners seeking to bypass the lengthy and costly California entitlement process. Situated on an approximately 0.63-acre parcel, the property includes approved plans for a stunning custom residential compound featuring an approximately 2,579 SF two-story single-family residence plus a detached approximately 1,000 SF ADU with its own attached garage, creating approximately 3,579 SF of total planned living space. The thoughtfully designed project also includes attached garages, expansive outdoor living areas, generous parking accommodations, and a layout designed to maximize the hillside setting and surrounding views. Extensive pre-development and entitlement work has already been completed, including architectural plans, structural engineering, grading design, soils and geotechnical reports, septic system engineering, Title 24 compliance, fire zone compliance, utility coordination, and site planning. The approved site plan incorporates a carefully planned hillside layout with substantial setback compliance, retaining wall coordination, integrated drainage planning, and a fully designed ADU component that significantly enhances future resale value, rental income potential, and multigenerational living flexibility. Located within one of Riverside’s desirable hillside communities, the property offers convenient access to shopping, dining, golf courses, parks, schools, and major commuter routes while maintaining a private estate-style setting surrounded by upscale custom homes. Fully entitled after extensive design, engineering, and approval efforts, this is a truly rare opportunity to acquire a builder-ready luxury custom home project with significant time savings and reduced development risk. Ideal for custom home builders, luxury spec developers, investors, or owner-builders looking to move directly toward construction.
  1. Listed by YACOUB FARSAKH • DRE #01825139 • Brokerage DRE #01825139 • CENTRAL PACIFIC PROPERTIES • 323-510-5430

Property Details for 16527 Canyon Ridge Drive

View
City Lights, Hills
Lot Size Source
Assessor
Assessor Parcel Number
271-263-008
New Construction
No
Pool
No
View
Yes
View
Yes
Association
No
LISTING UPDATED: 05/12/2026 04:42 AM

Property Details for 16527 Canyon Ridge Drive

StatusActive
MLS #IV26103232
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.63 AC
CountyRiverside County
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Location

Listing Courtesy of CENTRAL PACIFIC PROPERTIES, YACOUB FARSAKH, DRE #01825139
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Building Information for 16527 Canyon Ridge Drive

Lot Size0.63 AC

Payment Calculator

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$2,467 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,467

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16527 Canyon Ridge Drive

Income / Expense / Tax Details
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $9
  • Tax Lot: 289
Community / Development
Community / Development
  • Community Features: Biking, Hiking, Foothills, Park
Property / Structure Info
Exterior Features
  • View Description: City Lights, Hills
Distance To
  • Distance To Water: 25
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 16527 Canyon Ridge Drive

DateEvent & SourcePriceAppreciation
May 12, 2026

Listed (Active)

CRMLS #IV26103232

$495,000—
May 12, 2026

Listed (Active)

SDMLS #IV26103232

$495,000—
May 12, 2026

Listed (Active)

CLAW #IV26103232MR

$495,000—
DateEvent & SourcePrice
05/12/2026

Listed (Active)

CRMLS #IV26103232

$495,000
05/12/2026

Listed (Active)

SDMLS #IV26103232

$495,000
05/12/2026

Listed (Active)

CLAW #IV26103232MR

$495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 16527 Canyon Ridge Drive

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Harrison Elementary School
Public - K to 6
Frank Augustus Miller Middle School
Public - 7 to 8
Arlington High School
Public - 9 to 12
Sunshine Special Education School
Public - 12
Rating
School
Distance
Harrison Elementary School
PublicK to 6

Frank Augustus Miller Middle School
Public7 to 8

Arlington High School
Public9 to 12

Sunshine Special Education School
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16527 Canyon Ridge Drive, Riverside, CA 92503

16527 Canyon Ridge Drive is a 0.63 ac of land for sale in Riverside, CA 92503. This property was listed for sale on May 12, 2026 by CENTRAL PACIFIC PROPERTIES, it's currently listed at $495,000. This listing's school district is Riverside Unified School District. Nearby schools include Harrison Elementary School, Frank Augustus Miller Middle School and Arlington High School. 16527 Canyon Ridge Drive is a 0-bed, 0-bath, 0.63 ac of land on a 27,443 sq. ft. / 0.63 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTRAL PACIFIC PROPERTIES, YACOUB FARSAKH, DRE #01825139

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.