16538 Canyon Ridge Dr Riverside, CA 92503
Arlington Heights NeighborhoodEstimated payment $2,066/month
Highlights
- Panoramic View
- No HOA
- Foothills
- Frank Augustus Miller Middle School Rated A-
About This Lot
BUILDER / DEVELOPER OPPORTUNITY – TWO PARCELS WITH FANTASTIC VIEWS!
Rare opportunity for builders and developers to acquire two contiguous parcels totaling over 25,000 square feet in the desirable Canyon Ridge Estates neighborhood of Riverside. Offered together, this property presents excellent development flexibility—construct one luxury estate or develop two separate single-family residences, each situated on its own individual 3⁄4-inch water meter, a significant advantage for cost efficiency and project feasibility.
The site includes valuable pre-development improvements, including rough grading, a retaining wall, and full perimeter fencing, helping reduce entitlement timelines and upfront infrastructure costs. The elevated topography positions the property above neighboring homes along Seven Hills Drive, delivering unobstructed mountain and valley views—ideal for higher-end resale or custom builds.
Located on a corner lot, the parcels included in the sale are APN 271252051 and APN 271252050. Water meter information may be independently verified with Western Municipal Water District.
This is a turnkey development opportunity in an established neighborhood, well-suited for spec builders, custom home builders, or investors seeking build-ready lots with utilities in place and strong upside potential.
Listing Agent
Best Realty Partners Brokerage Phone: 951-317-5045 License #01860547 Listed on: 12/12/2025
Property Details
Property Type
- Land
Lot Details
- 0.61 Acre Lot
- Density is up to 1 Unit/Acre
- 271252051
Property Views
- Panoramic
- Hills
- Neighborhood
Community Details
- No Home Owners Association
- Foothills
Listing and Financial Details
- Tax Lot 288
- Assessor Parcel Number 271252050
- $9 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,058 | $58,366 | $58,366 | -- |
| 2023 | $631 | $56,100 | $56,100 | $0 |
| 2022 | $649 | $57,753 | $57,753 | $0 |
| 2021 | $638 | $56,621 | $56,621 | $0 |
| 2020 | $633 | $56,041 | $56,041 | $0 |
| 2019 | $621 | $54,943 | $54,943 | $0 |
| 2018 | $609 | $53,866 | $53,866 | $0 |
| 2017 | $598 | $52,810 | $52,810 | $0 |
| 2016 | $559 | $51,775 | $51,775 | $0 |
| 2015 | $552 | $50,999 | $50,999 | $0 |
| 2014 | $546 | $50,000 | $50,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $376,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $30,300 | None Available | |
| Trustee Deed | $50,000 | None Available |
About the Listing Agent
Every Client's needs differ and each property is unique. I strive to give each of my Client's as much individual time and attention needed to make their real estate experience a positive one. I believe that the goal of selling Real Estate is not the commission that I earn, but it is the trust, respect and loyalty of my Client's that I strive to achieve. The customer is always the focus no matter how great or small the transaction may be. My goal is to help make your transaction a positive
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25272818
APN: 271-252-051
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