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$2,600,000
OC26029361 MLS Active Status
**Prime Residential & Commercial Development Opportunity – Lake Elsinore** Exceptional opportunity to acquire a **multi-parcel property totaling approximately 4.5+ acres** in the heart of Lake Elsinore’s expanding residential and commercial corridor. Strategically located on the **northeast corner of Lake Street and Running Deer Road**, the property sits within **2.5 miles of Interstate 15** and is surrounded by high-density residential growth and active commercial development. The property consists of **two residential/land parcels**: * A **3.6-acre lot** with an existing manufactured home that may be remodeled for comfortable living or removed to align with future development plans. * A **0.91-acre lot** featuring multiple existing structures, offering additional flexibility for redevelopment or income-producing improvements. These parcels are part of a larger commercially zoned footprint totaling approximately 4.5 acres, zoned **C2 General Commercial**, allowing for a wide range of uses permitted under C0, C1, and C2, zoning classifications. This zoning provides exceptional flexibility for retail, service, mixed-use, or complementary residential-supporting development. The site is part of a broader **10-acre commercially zoned area** and is located adjacent to a planned commercial project currently in final entitlement on approximately 6 acres to the south at Mountain Street and Lake Street. The approved development includes an approximately 32,000-square-foot retail center with a fuel station, in-line retail buildings, a quick-serve restaurant, and a drive-thru restaurant—further strengthening the area’s long-term growth potential. This property is **ideal for investors and developers** seeking a value-add opportunity in a high-visibility location with strong residential demand, flexible zoning, and immediate proximity to future commercial anchors.

28857 Lake, 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

$1,399,888
5 Beds 5 Baths OC26021218 MLS Active Status
Located just beyond the Orange County border is a rare country retreat, where expansive acreage, privacy, & flexibility come together to offer a lifestyle that is so often elusive in Southern California. Set on an impressive 2.3-acre street-to-street lot, this distinctive property delivers space, serenity, a& opportunity - all within reach of South Orange County & the coastline just a short drive away. Positioned at the end of a quiet cul-de-sac within a private, gated community of only 95 homes, the residence enjoys an elevated setting affording panoramic mountain, hillside, & city-light views. A charming circular gravel driveway welcomes you home, immediately setting the tone for the relaxed, country character that defines this home. The approximately 4,000-square-foot residence offers a thoughtfully designed, retreat-style floor plan anchored by a spacious great room ideal for gatherings & everyday living. One of the home’s most striking features is the expansive enclosed patio with a mature oak tree growing through it & jaw-dropping views, creating a truly one-of-a-kind indoor-outdoor space that cannot be replicated. The layout is further enhanced by two separate bedroom wings, including a private primary suite with beautiful views & balcony, & a separate wing for guest or secondary bedrooms - offering exceptional privacy & flexibility. A full bathroom & guest room is also featured on the main level for added convenience. Adding significant versatility, the property includes a 1 bed/1 bath granny flat with full kitchen & separate entrance, ideal for extended family, guests, multigenerational living, or additional functional space. With over 2.3 acres, your new country home provides ample room for equestrian use, barns, trails, organic gardens, a pool, outdoor entertaining areas, or play spaces - allowing the next owner to tailor the property to their lifestyle vision. Along with convenient access to South Orange County & the coastline, the property also enjoys ideal proximity to Temecula’s wine country & an easy drive to Palm Springs & the Coachella Valley, offering a lifestyle that seamlessly connects coastal, wine country, & desert experiences. This is not a modern coastal home, but rather a warm, character-driven country residence designed for those who value land, privacy, & a true sense of retreat. An extraordinary opportunity to own space, flexibility, & lifestyle all at an extraordinary price. Your best life starts here!

16765 Charro Road, Lake Elsinore

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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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