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 Riversides 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.
- MLS# IV26103232
- Date Listed05/12/2026
- Days on Realty 49 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.63 acres (27,443 sq. ft)
- County Riverside
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.63
- Lot Size SQFT 27,443.00
- Lot Features -
Financial Considerations
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for 92503
Discover key demographics, population statistics, and environmental insights for the Riverside, CA area.
Population & Environment
Source: Sperling's Best Places
7/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
2/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 9/100, Bike Score: 22/100.
Property Change History
Points of Interest near 16527 Canyon Ridge, Riverside, CA 92503
Frequently Asked Questions for 16527 Canyon Ridge
Source: Realty.com
16527 Canyon Ridge, Riverside, CA 92503 in Riverside, CA 92503 is a land listed at $450,000. Highlights include 0.63 acre lot. Realty.com has 13 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 13 photos of 16527 Canyon Ridge.
The full address for this home is 16527 Canyon Ridge, Riverside, CA 92503.
16527 Canyon Ridge has been listed on Realty.com since Tue May 12, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 9/100, Bike Score: 22/100.
Listing provided courtesy of:
Central Pacific Properties
(tel: 323-510-5430)
Listing agent:
Yacoub Farsakh
(tel: 323-510-5430)
(#CR-IVFARSYAC)
This content last refreshed on 2026-06-30 03:32:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.