Riverside Land for Sale

Riverside Land for Sale

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Newest Riverside Land for Sale

$749,000
IV-26162889 MLS
Rare 5-acre opportunity in prestigious Hawarden Hills, where finished estates approach $2M (depending on square footage), and at this value it will go fast. A dramatic natural setting of huge boulder outcroppings and a stream winding through a private ravine delivers exceptional seclusion: your future home sits well back from neighbors, with no homes directly across the street and none at eye level on any side. Includes a buildable pad of over an acre and custom design plans already drawn for a 4,500 SF estate, with room for an ADU for income or multigenerational living. Years of due diligence and thousands of dollars in engineering and environmental work are already done, grading plan, hydrology, infiltration, soils, biological/MSHCP, percolation test, septic study and plan, and full survey, saving a buyer a year or more and well into six figures before breaking ground. Zoned RC (Residential Conservation) for low-density estate character, public water service, no HOA, no Mello-Roos, low tax basis. Riverside Unified School District. Minutes to Canyon Crest Golf Club and premier shopping: Riverside Plaza, Trader Joe's, Costco, Target, natural foods markets, movie theaters, and multiple fitness centers. Paved cul-de-sac access with views. A rare, build-ready parcel in one of Riverside's most desirable hillside enclaves, priced to move. Opportunities like this, scarce large acreage with the groundwork already complete and plans in hand, do not last.

6824 Boulder Creek, Riverside

$6,950,000
CV-26177716 MLS
Rare construction-ready townhome development opportunity in one of Riverside's most sought-after submarkets. 3907 Polk Street is a fully entitled, shovel-ready project offering 57 premium townhome residences across eight buildings on ±2.95 acres (±128,502 SF), with grading complete and all remaining permits at RTI status — delivering an incoming developer a clear and immediate path to vertical construction. The approved plans yield ±69,498 net rentable square feet across an all 2-bedroom/2-bathroom unit mix, comprising 51 standard units at ±1,218 SF and six accessible units at ±1,230 SF, with an average unit size of ±1,219 SF. Every residence features a private covered balcony and a dedicated 2-car garage, with 57 total garages and 114 garage spaces across the site. Units are designed to deliver contemporary, high-quality living with premium fixtures and fully equipped kitchens with state-of-the-art appliances. The site offers exceptional connectivity to key market drivers. Residents will enjoy walking-distance access to Kaiser Permanente Riverside Medical Center and strong regional mobility via the 91, 15, 60, and 215 Freeways. The nearby Metrolink La Sierra Station provides direct rail service to Los Angeles Union Station and the broader Southern California transit network. The City of Riverside is a premier Inland Empire market anchored by major employers across Healthcare, Education, and Government/Aerospace — including Kaiser Permanente, Riverside Community Hospital, UC Riverside, California Baptist University, the County of Riverside, and Collins Aerospace — supported by a strong household income within the trade area. Retail and lifestyle amenities including the Galleria at Tyler, Castle Park, and Downtown Riverside are all within minutes. Inland Empire multifamily fundamentals remain strong, with vacancy near its lowest point since 2022 and net absorption continuing to outpace new supply. The incoming developer has the option to complete a Condo Map with individually parceled APNs, unlocking maximum exit flexibility — whether pursuing a stabilized rental strategy, a for-sale townhome exit, or a combination of both. This is an exceptional opportunity for a residential townhome developer, seasoned investor, or private capital group to acquire a premier development project with sustained demand from both the traditional rental pool and the high-demand student housing market driven by the site's proximity to nearby universities.

3907 Polk Street, Riverside

$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

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