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#OC19024052
Sub-TypeResale
StatusActive
Days On Site77

Features

ZoningR-3/W-1
Acreage2.83
Property ViewYes

Market Activity 92530

Loading Form

Loading Form

Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
AreaSRCAR - Southwest Riverside County
Listing VS Median (in 92530)
Price:
$599,000
low | high
Med:
$295,000
100% of Average
On Site:
77
low | high
Med:
101
76.237623762376% of Average
Listing Updated: 04/17/2019
MLS Number: OC19024052
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.