Cresthaven Drive - Hidden Canyon Estates III - 25 Recorded Lots 70.31 Acres of Residential Land Offered at $3,750,000 in Riverside, CA 92506

Hidden Canyon Estates provides a unique opportunity to purchase estate-sized lots in the highly desireable Alessandro Heights area of Riverside. The 25 lots represent the final phase of the Hidden Canyon gated community, which has been an established and desireable neighborhood for over 20 years. The lots range in size from 0.73 acres up to 2.03 acres, with flat pad areas from 15,343 square feet up to 20,987 square feet. The Hidden Canyon community is accessible from the 91 freeway via Arlington Avenue and from the 215 freeway via Alessandro Boulevard. The gated community is notably peaceful and private. The large lots enjoy beautiful views of the rolling hills and mountains in the distance. The project incorporates trails throughout, pleasing residents who value nature and and an active lifestyle. Current market analysis consists primarily of single family resale transactions. The most recent closing within the Hidden Canyon community closed in January 2025 for $1.65M and one property is currently listed and available for $1.75M. The nearest new home communities are in the Woodcrest area of Riverside and the Highland Grove communities near El Sobrante, positioning Hidden Canyon as a unique opportunity to provide new homes in a market with minimal competition. Vistas by Trumark at Mockingbird Canyon is a 72 lot new home community and nearly sold out, currently offering the models in the $2.0-$2.2M range.