Riverside Homes with Park Community Features

Riverside Homes with Park Community Features

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Newest Riverside Homes with Park Community Features

$1,195,000
OC-26173454 MLS
This offering consists of two contiguous parcels (APNs 146-071-036 & 146-071-022) totaling approximately 1.5 acres, with assigned addresses of 5127 & 5131 La Sierra Avenue, Riverside, CA 92505. The property offers approximately 251 feet of frontage along La Sierra Avenue, one of West Riverside’s major thoroughfares, near the signalized intersection of Norwood Avenue. Zoned R-3 Multiple-Family Residential, the property presents an exceptional infill development opportunity with potential for 50+ residential units, subject to site planning, density calculations, development standards, entitlements, and City approval. The current sellers have begun planning for a 50+ unit senior housing apartment complex, giving a prospective buyer a valuable head start in evaluating a higher-density residential concept. R-3 zoning allows up to 29 dwelling units per acre and supports apartments, townhomes, condominiums, qualifying tiny-home communities, and certain small-lot single-family developments. Additional density may be available through a Planned Residential Development Permit and/or Density Bonus Program. The sellers will provide the buyer with preliminary development and due-diligence materials, including a Property Survey, Preliminary Grading Plans, Site Plan, and Soils Report. These materials provide a valuable starting point for further feasibility analysis, engineering, site planning, and entitlement discussions. The site is flat and undeveloped, adjacent to established residential homes, with sidewalks in place and utilities located adjacent to or near the property. Located approximately 2 miles north of the 91 Freeway and less than 4 miles east of the 15 Freeway, the property is minutes from Hidden Valley Golf Club, Kaiser Permanente Riverside Medical Center, California Baptist University, parks, schools, restaurants, shopping, entertainment, and commercial amenities. With R-3 zoning, potential 50+ unit density, a preliminary senior housing concept (the 50+ unit concept is preliminary and is not a guarantee of project approval or final unit count), substantial La Sierra Avenue frontage, and preliminary plans and reports available, this is a compelling opportunity for multifamily developers, senior housing operators, builders, and land investors.

5127 La Sierra, Riverside

$796,665
5 Beds 3 Baths IG-26172713 MLS
What's Special: Flat Lot | Close to Park | Flex Room | Oversized Closet in Primary. New Construction – November Completion! Built by America's Most Trusted Home Builder. Welcome to the Plan 3 at 19050 Waterton Lakes Drive in Victoria Square! A beautifully designed five-bedroom, three-bath home offering comfort, flexibility, and plenty of space to gather. The bright, open-concept kitchen flows seamlessly into the dining area and expansive great room, creating a warm and inviting heart of the home. A first-floor bedroom and versatile flex room provide the perfect setup for guests, a home office, or a hobby space. Upstairs, the spacious primary suite features a luxurious bath and large walk-in closet, while three additional bedrooms, a generous loft, and dedicated tech space offer room for everyone to spread out and enjoy. Complete with an upstairs laundry room, welcoming front porch, and thoughtful storage throughout, this home is designed for everyday ease and lasting memories. Envision life in Riverside, a city known for its rich citrus history, growth, and sprawling natural beauty. Enjoy lush parks and playgrounds in a community zoned for top-rated Riverside Unified Schools. With quick access to CA-91, I-15, and historic Downtown Riverside—including The Mission Inn, the Municipal Auditorium, and Galleria at Tyler—local adventures are always close. Photos are for representative purposes only. MLS#IG26172713

19050 Waterton Lakes Drive, Riverside

$679,800
4 Beds 3 Baths WS-26172764 MLS
Positioned within a secure private gated community in desirable Riverside, this brand-new 2023 single-family residence presents a rare combination of modern move-in-ready living and compelling investment potential. Spanning 2,100 square feet of thoughtfully curated interior space across a 3,864-square-foot lot with 4 bedrooms and 3 full bathrooms, the property delivers contemporary aesthetics, versatile functionality, and long-term value for both primary residents and real estate investors. Designed with an airy open floor plan, the home features bright, modern living areas filled with abundant natural light and seamless spatial flow, ideal for daily family life, casual gatherings, and formal entertaining. A highly practical and sought-after layout highlight is the main-floor bedroom with a full bathroom, accommodating multi-generational living, remote work setups, or guest suites—a premium feature that sets this new construction home apart from competing properties in the neighborhood. Boasting an unbeatable location, the residence sits just a 5-minute drive from UCR and vibrant Downtown Riverside, granting quick access to premier educational institutions, urban dining, retail destinations, and community parks. With direct proximity to major highways, it offers exceptional commute accessibility, amplifying residential desirability and rental demand year-round. As a 2023 new build, the home incorporates modern construction standards, updated fixtures, and reliable structural integrity, eliminating immediate renovation costs and ensuring hassle-free occupancy. The gated community setting further enhances privacy, safety, and exclusive neighborhood appeal, solidifying its premium residential status. From an investment perspective, this property stands out with a stable 5% gross rental yield, a benchmark return for Southern California residential assets. Thanks to its ultra-close proximity to UCR, the home enjoys strong, consistent rental demand from university students and faculty. Its spacious bedroom count and flexible floor plan are perfectly suited for student housing arrangements, easily driving higher-than-market rental returns and consistent cash flow. This low-maintenance new-build investment with steady tenant demand and impressive yield will not stay available long. Schedule your private showing today to secure this exceptional residential and investment opportunity.

1820 Julie Drive, Riverside

$739,650
4 Beds 3 Baths IG-26172724 MLS
What's Special: Close to Amenities | Loft | Large Kitchen Island | Spacious Kitchen. New Construction – November Completion! Built by America's Most Trusted Home Builder. Welcome to the Plan 1 at 19042 Waterton Lakes Drive in Victoria Square! Step into a home designed for connection, comfort, and everyday ease. This inviting four-bedroom, three-bath floor plan features a bright open-concept layout where the kitchen, dining area, and spacious great room come together to create the heart of the home. A first-floor bedroom and full bath offer flexibility for guests, loved ones, or a private workspace. Upstairs, the serene primary suite is complemented by a generous walk-in closet and spa-inspired bath, while two additional bedrooms, a versatile loft, and dedicated tech nook provide plenty of room to relax, work, and play. Thoughtful touches like the upstairs laundry room, welcoming front porch, and abundant storage make this home as practical as it is charming. Envision life in Riverside, a city known for its rich citrus history, growth, and sprawling natural beauty. Enjoy lush parks and playgrounds in a community zoned for top-rated Riverside Unified Schools. With quick access to CA-91, I-15, and historic Downtown Riverside—including The Mission Inn, the Municipal Auditorium, and Galleria at Tyler—local adventures are always close. Photos are for representative purposes only. MLS#IG26172724

19042 Waterton Lakes Drive, Riverside

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