Riverside, CA 92507
$1,299,000
Mark Quesada
Broker / Owner
DRE #02101365
Prime 20± Acre Residential Development Opportunity – Riverside, CA 92507 Rare opportunity to acquire approximately 20 acres of residential development land in Riverside, strategically located near Valencia Hill Dr and Massachusetts Ave. The property consists of three parcels and offers a compelling opportunity for developers, custom-home builders, and land investors seeking a sizable residential site in an established Riverside location. The site has a history of prior subdivision planning that contemplated approximately 8 residential lots, highlighting the property's long-term development potential. With hillside residential characteristics, expansive acreage, and proximity to surrounding residential neighborhoods, the property may offer opportunities for custom homes, estate-style residential development, or other residential concepts, subject to current City requirements and buyer due diligence. Convenient access to major roadways, nearby schools, shopping, employment centers, and the greater Riverside market further enhances the property's investment appeal.
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$9,587/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Utilities
Listed by Silvia Zhang, HARVEST REALTY DEVELOPMENT
MLS# WS26201277 · Active
$603,500
Median sale price
39 days
Avg days on market
99.9% of list
Sells for
Closed sales in 92507 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
