16242 Grand Avenue
Lake Elsinore, CA 92530

Description

WATERFRONT PROPERTY WITH APPROXIMATELY 200 FEET OF PRIVATE SECLUDED BEACH. Don't miss this rare opportunity to buy almost 3 Acres of land on the lake (the land always holds the most value in a property). Located in unincorporated Lake Elsinore and zoned R-3/W-1 this property has a lot of potential for development or a private getaway. Waterfront year round allows you to launch from your own private beach or simply relax and enjoy the view. Included in the sale is interest in an additional parcel that contains a well with the potential to pump approximately 55 gpm. Easy access to the Ortega Hwy, which cuts through the Santa Ana Mountain range and into San Juan Capistrano or the 15 freeway and into the Temecula Valley. This property sits directly across the street from the new senior 55+ community & recreation center. Lake Elsinore is the largest fresh water lake in Southern California. While this property could be rehabbed it won't qualify for conventional lending due to age and condition. Looking for CASH Buyers or Private Investors.

Details

MLS#OC19010874
StyleHouse
Sub-TypeResale
StatusActive
Year1947
Days On Site33

Features

Bed(s)5
Bath(s)2 Total
SQ Feet1,956
Garage2
Story(s)2 Story
Acreage2.83
Property ViewYes

Market Activity 92530

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Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
Area241 - Lake Elsinore West
School DistrictLake Elsinore Unified
Listing VS Median (in 92530)
Price:
$599,000
low | high
Med:
$295,000
100% of Average
SqFt:
1,956
low | high
Med:
0
100% of Average
$ / SqFt:
$306
low | high
Med:
$0
100% of Average
On Site:
33
low | high
Med:
40.5
81.481481481481% of Average
Listing Updated: 02/16/2019
MLS Number: OC19010874
Listing Provided By:
Bruce Wolter  of  Agent 1 Real Estate Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.