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Skyline Drive, Lake Elsinore
$15,000
OC26032861 MLS ⋅ Active Status
Development opportunity in Lake Elsinore! Per the City of Lake Elsinore, R2 zoning allows for a single-family residence or multifamily options such as a duplex or triplex. Whether you're looking to build and hold, develop rental income property, or create a custom residence, this parcel provides strong potential in a growing area. Conveniently located near everyday essentials including Albertsons and Stater Bros. Markets, and Machado Elementary School. The property is approximately 1.7 miles from the Lake Elsinore Marina, offering easy access to boating and outdoor recreation. Whether you're looking to build your dream house, develop income-producing units, or invest in land within a growing community, this parcel presents strong potential.

Skyline Drive, Lake Elsinore

Robertson St, Lake Elsinore
$57,000
CV26031730 MLS ⋅ Active Status
Welcome to the growing city of Lake Elsinore! This unimproved residential land presents a fantastic opportunity to build your dream home. Nestled in the Country Club Heights neighborhood, the area features custom homes, a peaceful setting, and beautiful views of the city and surrounding mountains. Conveniently located near the junction of Interstate 15 and Highway 74, the property offers easy access to nearby amenities. Utilities are available at the nearest street corner, and you're just minutes from local schools, shopping at the Lake Elsinore Outlets, dining, and recreational activities. Plus, you’re only five minutes from Lake Elsinore, the largest natural freshwater lake in Southern California—perfect for fishing, boating, and more. Don't miss out on this excellent opportunity to invest in one of Southern California’s fastest-growing communities!

Robertson St, Lake Elsinore

Illinois, Lake Elsinore
$170,000
CV26024966 MLS ⋅ Active Status
R2 ZONED – 4 CONTIGUOUS PARCEL ASSEMBLAGE | BUILDER / INVESTOR OPPORTUNITY – LAKE ELSINORE Rare opportunity to acquire four contiguous R2-zoned residential parcels in the desirable Country Club Heights area of Lake Elsinore. All four parcels are being sold together (subject to availability). Ideal for builders, investors, or end users looking to develop in a growing Riverside County community. APNs: 375-061-005, 375-061-006, 375-061-007, 375-061-008 included in assemblage. Zoning: R2 Residential (buyer to verify permitted uses and development standards) R2 zoning offers strong development flexibility with potential for multiple residences, duplex-style development, and possible ADU/JR ADU opportunities. Buyer to verify all possibilities with the City of Lake Elsinore regarding density, setbacks, utilities, and building requirements. Property Features • Four adjoining parcels creating expanded development footprint • R2 zoning – ideal for builders and investors • Paved road access nearby • Surrounded by established residential development • Sloped topography with neighborhood and hillside views • Growing area with ongoing residential expansion • Utilities and infrastructure to be verified by buyer Prime Location Conveniently located just minutes from Highway 74 and the I-15 Freeway, offering quick access to Orange County, San Diego County, and Inland Empire employment centers. Nearby Amenities Close to Lake, shopping centers, Lake Elsinore Outlets, Storm Stadium, schools, parks, dining, and year-round recreation including boating, fishing, and hiking. Important -All parcels must be purchased together. -Buyers to complete their own due diligence regarding zoning, permitted uses, density, utilities, grading, access, and development requirements with the City of Lake Elsinore. Excellent opportunity to secure a multi-parcel R2 development site in one of Riverside County’s fastest-growing markets with strong long-term upside.

Illinois, Lake Elsinore

120 W Heald, Lake Elsinore
$2,040,000
IV26024597 MLS ⋅ Active Status
Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

Grand, Lake Elsinore
$99,500
OC26020579 MLS ⋅ Active Status
Exceptional commercial property located at a high-visibility, signalized corner in the heart of Lake Elsinore, positioned at a busy intersection with heavy daily traffic counts. This commercially zoned corner lot offers outstanding exposure and accessibility, making it ideal for a wide range of business and investment opportunities. The property benefits from constant foot and vehicle traffic, with a popular liquor store directly across the street and 2 high-volume gas stations nearby, creating a strong retail corridor and built-in customer base. Surrounded by established businesses and dense residential neighborhoods, this location supports consistent demand and long-term growth. Zoning allows for multiple commercial uses, providing flexibility for investors, owner-users, or developers looking to capitalize on a strategic location. Ideal for retail, office, or services base business.

Grand, Lake Elsinore

Monterey Road, Lake Elsinore
$249,000
SB26013631 MLS ⋅ Active Status
Dreaming of an equestrian lot in a secure gated community where you can build your ideal home or retirement retreat? This 2.32-acre parcel inside the entrance of Rancho Capistrano offers just that. The property has been partially graded, with utilities conveniently available at the street. A seasonal stream flows along the rear boundary, which also borders South Main Divide Road—providing the potential for dual driveway access. Residents enjoy direct access to hiking and riding trails within the community, surrounded by the scenic Cleveland National Forest. Rancho Capistrano also features an HOA with amenities including a clubhouse and tennis court. Located approximately 30 miles from San Juan Capistrano via the 5 freeway, the final 5 miles along South Main Divide Road lead you to this peaceful and private setting. If you’re seeking tranquility and space to create your vision—this property is the perfect fit.

Monterey Road, Lake Elsinore

Shrier Drive, Lake Elsinore
$70,000
IV26015554 MLS ⋅ Active Status
Prime residential land opportunity in Lake Elsinore. Seller paid for both lots to merge. We got the approval from the city, so that’s a big saving for the buyer who wants to install a manufactured home or build a home. Located just five minutes away from the freeway 15, this exceptional land offering is a rare find in the desirable Lake Elsinore area. Situated a mere block away from highway 74 and enclose proximity to the popular Lake Elsinore outlets, restaurants, and shopping centers, this property, boost, convenience, and accessibility, like no other. This flat, level land is situated on a dirt road and presents the perfect canvas for your residential development project. With utilities, conveniently located on the main street and two lots combined to total 5400 sqft., this property offers great possibilities for your dream home construction or investment venture. Don’t miss out on the incredible opportunity to own a piece of Lake Elsinore‘s thriving community. Contact us to learn more and seize this chance to make your real estate vision a reality.

Shrier Drive, Lake Elsinore

17631 Cottrell, Lake Elsinore
$545,000
3 Beds ⋅ 2 Baths ⋅ IG25279623 MLS ⋅ Active Status
Welcome to 17631 Cottrell Street, Lake Elsinore. This beautifully completely remodeled home offers modern comfort, style, and space in a desirable Lake Elsinore neighborhood. Zoned R-3 so it may be able to have additional units built on the same lot. Thoughtfully designed for today’s lifestyle, the home features an open floor plan filled with natural light, creating a bright and inviting atmosphere ideal for everyday living and entertaining. The interior showcases laminate vinyl tile flooring throughout, providing a clean, contemporary look with easy maintenance. Recent upgrades include a tankless water heater and new central air system, delivering energy efficiency and year-round comfort. Step outside to a huge backyard with exceptional potential—perfect for outdoor entertaining, recreation, or future enhancements. The expansive lot also offers potential RV parking, ideal for additional vehicles, toys, or trailers. Conveniently located near schools, shopping, dining, and freeway access, this move-in-ready home is also close to Lake Elsinore’s outdoor recreation, including boating, hiking, and local attractions. A rare opportunity to own a fully updated home with generous outdoor space in a growing community—ready for immediate enjoyment.

17631 Cottrell, Lake Elsinore

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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