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Listed by: YACOUB FARSAKH (323) 510-5430 DRE #01825139 | CENTRAL PACIFIC PROPERTIES (323) 510-5430
$250,000
Monthly Est:$1,244
-- Bed
- -- Bath
27,443sqft lot
16527 Cyn Ridge Dr, Riverside, CA 92503
$250,000
$1,244/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
27,443 sqft lot
$9/sq.ft
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 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.
- Houzeo last checked: 4 hours ago
- Listing updated: October 27, 2026 at 2:52 am
- Source: California Regional MLS-CA | MLS#: IV26103232

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
27,443 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV26103232
MLS Status
Active
Days on Market
176
Cumulative Days on Market
167

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Biking, Foothills, Hiking, Park
Disclosures
Familial Relation
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Price Decreased | $350,000 -22.22% $0/sqft |
06/19/2026 Source: | Price Increased | $450,000 +80.00% $0/sqft |
05/12/2026 Source: | Price Decreased | $250,000 -49.49% $0/sqft |
05/12/2026 Source: | Listed for Sale | $495,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 05, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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