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$376,000
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Property Description
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 ¾-inch water meter, a significant advantage for cost efficiency and project feasibility.
The site includes valuable pre-development improvements, including rough grading, 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 rare 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.
Full Property Details
Full Property Details for 16538 Canyon Ridge Rd
General
- Price: $376,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: IG25272818
- Updated: 1/14/2026
- Days on Market: 35 days
- Added to Site: 35 day(s) ago
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Vanburen and Canyon RIdge dr
- Dist. to Beach: .23 (Miles)
Utilities
- Water: Public
- Dist. to Water: .23
Lot Features
- Property View: Hills, Neighborhood, Panoramic
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,572
- Lot Size Source: Assessor
- Zoning: residential
- Lot Description: Foothills
Financial Considerations
- Price Per Sq. Ft.: $14.15
Listed by Best Realty Partners, Penny Jeffery
Get Pre-Approved Today
Schools
Schools serving 16538 Canyon Ridge Rd
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Harrison Elementary School, Riverside, CA 2901 Harrison Street, Riverside, CA 92503 | K-6 | 2.5 mi |
Frank Augustus Miller Middle School 17925 Krameria Avenue, Riverside, CA 92504 | 7-8 | 3.7 mi |
Arlington High School 2951 Jackson Street, Riverside, CA 92503 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16538 Canyon Ridge Rd
Date
Details
Price
Change
Source
12/12/2025
Listed
$376,000
241.82%
MLS
2/17/2022
Sold
$110,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16538 Canyon Ridge Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$657
-53%
$58,366
2%
2024
$1,385
119%
$57,222
2%
2023
$631
-3%
$56,100
-3%
2022
$649
2%
$57,753
2%
2021
$638
1%
$56,621
1%
2020
$633
2%
$56,041
2%
2019
$621
2%
$54,943
2%
2018
$609
2%
$53,866
2%
2017
$598
7%
$52,810
2%
2016
$559
1%
$51,775
2%
2015
$552
1%
$50,999
2%
2014
$546
-8%
$50,000
-8%
2013
$591
—
$54,121
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16538 Canyon Ridge Rd
16538 Canyon Ridge Rd, Riverside, CA 92503 (MLS# IG25272818) is a Lots/Land property with a lot size of 0.6100 acres. 16538 Canyon Ridge Rd is currently listed for $376,000 and was received on December 12, 2025. Want to learn more about 16538 Canyon Ridge Rd? Do you have questions about finding other Lots/Land real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

