Movoto Real Estate
Sold on 05/13/2025
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12193 Raley Dr, Riverside, CA 92505

$1,270,000

Last sold 05/13/2025 for $1.1M

  • 8

    bed

  • 5

    bath

  • 4,771

    Sqft ($231/Sqft)

House not for sale

About 12193 Raley Dr

Property type House
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 5.68 Acre
Movoto estimate
Property description
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
Listing Agent - Mase Abdeshahian
Listing Agent Contact: 949-743-4186
Listing Office - Regency Real Estate Brokers
Source: CRMLS mls logo
MLS#OC24056889 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two, House
Type Residential
SubType Single Family Residence
Status Closed
Living Area 4771
Lot Size (Acres) 5.68
Lot Size (SqFt) 247421
Year Built 1948
Condition Fixer
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 8
Eating Area Area
Other Room(s) See Remarks
Flooring Concrete
Appliances Gas Oven, Gas Range, Gas Cooktop
Accessibility Features 2+ Access Exits
Window Features Blinds
Exterior
Foundation Slab
Construction Brick, Drywall Walls
Roof Composition
Parking Carport, Attached Carport, Circular Driveway, Covered, Driveway - Combination, Driveway Up Slope From Street, Private, RV Access/Parking
Other Structures Guest House Detached
Lot Description 2-5 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Rocks, Secluded, Sprinklers Timer, Value In Land
Amenities / Utilities
Fireplaces See Remarks
Sewer/ Septic Conventional Septic
Water Source Public
Electric Electricity - On Property
Spa None
Pool Private
Location
View Canyon, City Lights, Hills, Mountain(s), Panoramic, Rocks, Trees/Woods, Valley
County Riverside
Community Features Dog Park, Golf, Park, Street Lights
High School District Riverside Unified
Zoning R6W
Directions Turn Onto Raley Dr From Riverwalk, Property Will Be On The Right Hand Side
APN 168340001
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.27M
Range: $990K-$1.54M
Last 30 days 
  • May 2024
    mls logo MLS # OC24056889
  • May 23, 2024 Price Change
    $1,499,000 (-6.3%)
  • Mar 19, 2024 Listed
    $1,599,000 (-8.6%)
  • Nov 2021
    mls logo MLS # 21105685
  • Nov 16, 2021 Listed
    $1,750,000
  • Year Property taxes Tax assessment
  • 2024
    $7,114 +1.5%
    $587,639 +2.0%
  • 2023
    $7,006 +6.4%
    $576,118 +4.04%
  • 2022
    $6,586 +1.7%
    $553,748 +2.0%
  • 2021
    $6,474 +1.6%
    $542,891 +1.04%
  • 2020
    $6,371 +1.3%
    $537,326
  • 2019
    $6,288 +1.4%
    $537,326 +2.0%
  • 2018
    $6,201 +1.9%
    $526,791 +2.0%
  • 2017
    $6,087 +1.7%
    $516,462 +4.04%
  • 2016
    $5,988 +1.5%
    $496,409
  • 2015
    $5,902
    —
  • 12193 Raley Dr
    $1.1M
  • La Sierra
    $650K 0% y/y
  • 92505
    $655K +2% y/y
  • Riverside
    $689K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
12190 Raley Dr, Riverside, CA 92505 $754,000 4/— 2,569 0.06
12200 Knoefler Dr, Riverside, CA 92505 $905,000 2/1 2,760 0.07
12121 Raley Dr, Riverside, CA 92505 $560,000 1/1 1,278 0.09
12121 Knoefler Dr, Riverside, CA 92505 $646,000 3/— 1,340 0.1
12120 Raley Dr, Riverside, CA 92505 $607,000 2/1 1,920 0.1
4498 Rimcrest Dr, Riverside, CA 92505 $939,000 4/— 2,992 0.11
4486 Summit Rdg, Riverside, CA 92505 $914,000 3/— 2,579 0.11
4481 Summit Rdg, Riverside, CA 92505 $938,000 3/2 2,579 0.12

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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