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12193 Raley Dr, Riverside, CA 92505
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12193 Raley Dr Riverside, CA 92505

$1,599,000
  • 8 Beds
  • 5 Baths
  • 4,771 Sq.Ft.
For Sale
$1,599,000 Get Pre-Qualified
Map preview of 12193 Raley Dr, Riverside, CA 92505

Property Overview: 12193 Raley Dr Riverside, CA has 8 bedrooms, 5 bathrooms, 4,771 living square feet and 247,421 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A golden opportunity! Nestled in a prime location, this expansive 5.68-acre property boasts not one, but two homes awaiting transformation. The 1948 main house, offers over 3,500 SqFt of space, providing a solid foundation for potential redevelopment. Accompanying it is a 1997 manufactured home, featuring 3 bedrooms and 2 baths, offering potential to unlock the property's true value. But it's the land that truly sets this opportunity apart. With a commercial irrigation system in place and a diverse landscape featuring native and non-native trees, including fruit-bearing varieties, the potential for development is limitless. Two gated entrances and a 5 ft. high wrought iron fence provide security and privacy, while the property's location atop the hill offers sweeping views of Riverside, the mountains, and city lights. Investors, take note – this property can be subdivided, with several flat areas ready for development. Explore the possibilities with the city of Riverside to maximize the value of this one-of-a-kind location. With its unbeatable location and untapped potential, this property is a rare find for the savvy investor looking to capitalize on the real estate market. Don't miss out – seize this golden opportunity and turn your vision into reality today!

Listed by Mase Abdeshahian | BRE #02200526 | Regency Real Estate Brokers
Co-listed by Amy Taylor | BRE #01015533 | Regency Real Estate Brokers
Last checked: 13 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
247,421
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
OC24056889
City
Riverside
County
Riverside
Time on Site
32 days

Open Houses for 12193 Raley Dr

No upcoming open houses

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Property Details for 12193 Raley Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 3
  • Eating Area: Area
  • Flooring: Concrete
  • See Remarks
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Cooktop
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Privacy, Wrought Iron
  • Other Structures: Guest House Detached
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport, Attached Carport, Circular Driveway, Covered, Driveway - Combination, Driveway Up Slope From Street, Private, RV Access/Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Rocks, Secluded, Sprinklers Timer, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, City Lights, Hills, Mountain(s), Panoramic, Rocks, Trees/Woods, Valley
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 168340001
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
  • Utilities: Electricity Connected, Phone Connected, See Remarks, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Riverside Unified
Location / Neighborhood
Location Information
  • Directions: Turn onto Raley dr from Riverwalk, property will be on the right hand side
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Dog Park, Golf, Park, Street Lights
View more facts & features

Local Riverside Agent

Sale History for 12193 Raley Dr

Last sold for $390,000 on May 16th, 2001

  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: OC24056889

    $1,599,000

    Price

  • May, 2022

  • May 16, 2022

    Date

    Expired

    CRMLS: 21105685

    $1,750,000

    Price

  • Nov 16, 2021

    Date

    Active

    CRMLS: 21105685

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    Great location, 5.68 Acres plus two homes. * A 1948 Main house, two story, split level with full living quarters upstairs and downstairs, 3,523 SqFt of total living space, with 3 bedrooms and 2 full baths upstairs and 2 bedrooms and 1 bath downstairs, this house offers great potential. *The second home a 1997 manufactured house, in fairly good condition, with 3 bedrooms 2 baths, vaulted ceilings, great views, redwood deck all across the front of the home, central heating and air, open concept kitchen with an island. *** Commercial irrigation system in place, landscaped with native trees, oaks, California sycamores, Palo Verde, white Alders, cottonwoods, also non native trees, fruit trees a macadamia nut, several kumquat, a lemon, pear and a pomegranate. There are also several cactus the tallest being a Peruvian saguaro. ***A gated pool. Two gated entrances from the street into the property, 5 ft. high wrought iron fence extends around of great part of the property. ** This is the last unbuilt land at the top of the hill overlooking the valley. The lot has a common border with the lot owned by La Sierra University. * The city of Riverside owns the land west of 12193 Raley Dr, so no more development should happen on either side of the property. ** This fantastic location offers great hiking trails with 360 degree views of Riverside, mountains and city lights. ** Investors, the property can be subdivided, taking advantage of several flat places within the property ready to be developed. Check with the city of Riverside regarding development opportunities. *** This well located one-of-a-kind location could be turned into a golden opportunity for the creative mind of the right investor. **Click on documents to see information from the assessors Office.**

  • May, 2001

  • May 16, 2001

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

Show More

Tax History for 12193 Raley Dr

Assessed Value (2020): $537,326
Year Land Value Improved Value Assessed Value
2020 $275,553 $261,773 $537,326

Home Value Compared to the Market

This property vs the competition

12193 Raley Dr is listed 128.76% higher than the median list price for the city of Riverside which has a median list price of $699,000. The median price per/sqft for Riverside is $364 and this home is listed at $335.15 per/sqft which puts the price per square foot 7.93% lower than the median price per square foot for the city of Riverside.

About 12193 Raley Dr

Detailed summary of property

12193 Raley Dr is a single family home located in Riverside, CA 92505 and is currently for sale. This house offers 8 bedrooms, 5 bathrooms, roughly 4,771 living square feet, and sits on an approximately 247,421 square foot lot. 12193 Raley Dr was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,599,000. The median priced home in Riverside is $699,000 with a median price per square foot of $364. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 128.76% higher than the median priced home. Local competing homes currently for sale include 1608 Nabil Circle, 3192 Sunset Court and 2690 Mockingbird Ln. While the average home in Riverside, CA is selling in 48 days, 12193 Raley Dr has a days on market of 24 days. There are currently 650 homes for sale in the Riverside real estate market and 610 of them are single family homes while 34 of them are condos and 6 are townhomes. For more information on this home for sale at 12193 Raley Dr Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 12193 Raley Dr

Public county record property details
Beds
3
Baths
2
Year built
1996
Sq. Ft.
1,248
Lot Size
247,420
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
Yes
Spa
No
County
Riverside
Lot#
--
APN
168-340-001

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$684,999
Median List Price/Sq.Ft.
$368
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$355
Total Inventory
54
Median Sale to List Price %
97.12%
Avg Days on Market
47
Loan Type
Conventional (57.14%), FHA (28.57%), VA (0%), Cash (7.14%), Other (7.14%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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