Above $1 Million Lake Elsinore City CA Real Estate, Homes, Condos for Sale

5 Beds ⋅ 4 Baths ⋅ IG26224476 MLS ⋅ Active Status

Imagine coming home to your own private Mediterranean estate, surrounded by the Cleveland National Forest, with sweeping views of Lake Elsinore and the Temescal Valley. Welcome to Villa Serrano, a remarkable 3.3-acre retreat tucked inside Rancho Capistrano, a private gated equestrian community where privacy, natural beauty, and wide-open spaces come together. Originally designed and built by Andrew Salat, this 4,299-square-foot estate offers five spacious bedrooms, the potential for a sixth, four bathrooms, and a lifestyle that's becoming increasingly difficult to find in Southern California. At the heart of the home is an extraordinary 1,250-square-foot great room with soaring ceilings, a dramatic granite fireplace, and a floating upper-level library that gives the space a character all its own. Expansive windows frame the surrounding landscape, while warm Mediterranean architecture and thoughtful upgrades create an inviting atmosphere for everyday living and unforgettable gatherings. The kitchen was designed for those who love to cook and entertain, featuring a 10-burner cooking setup, double ovens, a wine refrigerator, and beautiful views that make even an ordinary morning feel special. But what truly sets Villa Serrano apart is everything waiting beyond its doors. Picture spending warm afternoons beside your private pool, enjoying fruit from your own established trees, or simply taking in the peaceful surroundings of your fully fenced acreage. For equestrian enthusiasts, a two-stall barn, tack room, and access to miles of nearby riding trails create an opportunity to embrace the Rancho Capistrano lifestyle. There's also a private tennis court awaiting refurbishment, with the potential to restore it for tennis or explore a future pickleball conversion. And for those who dream of creating something more, the detached observatory offers additional possibilities as a creative studio, hobby space, or potential future guest accommodations, subject to applicable approvals. With a private gated entrance, circular driveway, dedicated RV parking area, whole-house generator, and an array of thoughtful upgrades, this estate combines old-world charm with modern functionality. Whether you're dreaming of an equestrian retreat, a private family sanctuary, or simply a place where you can escape the noise and enjoy the beauty of Southern California, Villa Serrano offers something truly special.

17392 Los Alisos, Lake Elsinore

$4,700,000

IV26225634 MLS ⋅ Active Status

Santa Rosa Mountain Villas is a unique and highly leasable 18-unit multifamily community built in 1987, comprising approximately 17,640 square feet of rentable space. The property consists of three identical two-story apartment buildings, each with a separate legal address (33071/33081/33091), situated on an approximately 56,628-square-foot lot. Also included in the offering is an additional contiguous, undeveloped 19,750-square-foot parcel featuring approximately 62 feet of frontage on Grand Avenue, property signage, and a sewer connection. Together, the parcels comprise approximately 1.75 acres, providing potential opportunities for the development of additional units on the improved parcel and/or the adjoining outparcel, subject to applicable zoning, entitlements, and governmental approvals. Each building contains six two-story, townhome-style residences and a laundry room providing additional owner income. Each approximately 980-square-foot unit features two bedrooms, one-and-one-half bathrooms, a private enclosed rear patio, central HVAC, and an individual water heater. Nearly all residences feature vinyl plank flooring throughout the first floor and upstairs full bathroom. In recent years, several units have received additional interior upgrades, including quartz or granite countertops in kitchens and bathrooms, as well as stainless-steel gas ranges, microwaves, and dishwashers. With its combination of townhome-style floor plans, substantial parking, lake and mountain views, operational efficiencies, additional land, and possible future development potential, Santa Rosa Mountain Villas presents investors with a distinctive multifamily investment opportunity in Southern California.

33071 Santa Rosa, Lake Elsinore

$1,390,000

WS26223680 MLS ⋅ Active Status

Rare opportunity to acquire approximately 8.6 acres of vacant land in the growing Lake Elsinore area! Ideally situated near the intersection of Stoneman Street and Palomar Street, this expansive property offers approximately 700 feet of street frontage and excellent potential for future residential development. Surrounded by established neighborhoods and conveniently located near schools, shopping, dining, and major transportation routes, the property combines a desirable residential setting with long-term investment appeal. Previously marketed with a medium-density residential designation, the parcel offers developers and investors the opportunity to explore a variety of residential development concepts, including a potential new-home community. With continued residential growth and demand throughout Southwest Riverside County, this is an attractive opportunity for builders, developers, and land investors seeking a substantial landholding in an expanding market. Buyer to independently verify lot size, zoning, density, utilities, access, permitted uses, development feasibility, and all necessary approvals with the appropriate government agencies.

32609 Stoneman, Lake Elsinore

$4,000,000

TR26214538 MLS ⋅ Active Status

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.

16459 Joy Street, Lake Elsinore

$2,400,000

7 Beds ⋅ 3 Baths ⋅ IG26203297 MLS ⋅ Pending Status

HISTORIC LAKE VIEW PROPERTY | 2 PARCELS | 5 BEDROOMS | SEPARATE 1,300± SF STRUCTURE | MIXED-USE ZONING Rare opportunity to own a historic Lake Elsinore property with stunning, unobstructed lake views and exceptional potential. The main residence offers 5 bedrooms and 2 bathrooms, featuring 3 bedrooms downstairs and 2 bedrooms upstairs. The spacious interior includes two separate living areas, original cedar beam ceilings, crown molding, original cedar wood floors, a charming parlor, built-in china cabinet, and 3 fireplaces with original granite stone. All rooms have potential of being converted to commercial office area, restaurant, retail shops etc etc THE POSSIBILITIES ARE ENDLESS. Central A/C and heat and updated copper plumbing add modern convenience while preserving the home's historic character. The primary suite features panoramic lake views and a private balcony. The property also includes a separate structure with its own address at 125 Library St. The structure has a separate electric meter, new electrical box and electrical installation, and shares a water meter with the main house. Seller states the structure is grandfathered as a second unit. This structure is unfinished and can be converted to Residential or Commercial use. Both parcels are included or can be sold separately. The property is located within a mixed-use zoning designation, offering potential for a variety of residential and commercial uses, subject to city approval and applicable zoning regulations. Potential uses to investigate may include residential, office, retail, coffee shop, restaurant, boutique, hotel, church, spa, and other mixed-use concepts. Conveniently located in the Historic heart of Lake Elsinore, within walking distance to the lake and minutes from the 15 Freeway. NO HOA and low taxes. A unique opportunity for an owner-user, investor, or buyer seeking a property with historic character, lake views, multiple structures, and future potential.

228 S Spring, Lake Elsinore

$4,195,000

4 Beds ⋅ 4 Baths ⋅ OC26181823 MLS ⋅ Active Status

Hidden away off the Ortega HWY and reminiscent of simpler times, this 60-acre equestrian ranch offers serenity unmatched. Surrounded by the federally-preserved Cleveland National Forest, this incredible retreat lies within the boundaries of the 40,000-acre San Mateo Canyon Wilderness & southern Santa Ana Mountains. A beautiful escape rarely available, the property presents immense opportunity. Upon arrival, a post & beam mountain-lodge home welcomes you. Very custom in every sense from the skillful millwork throughout, hand-crafted doors, artisan windows & furnishings to the live Oak tree growing through the interior, the 4,500 SF old-frontier home is a true work of art. Harmonious with the native surroundings, the main house features 4 bedrooms (3 suites), a large primary suite w/fireplace, 1/2 bath, a spacious kitchen & pantry, game room, beam-ceiling living room with scenic views, 2-story fireside dining with prominent stone-cladded fireplace, western bar, mezzanine, laundry room. Several decks offer relaxing outdoor retreat shaded by the surrounding Oak trees. Amazing grounds include a vast (irrigated) lilac grove, pool & pool deck, various citrus trees and a farm-to-table fruit & veggie home garden. Beyond the main house: guest house (current recording studio), glampsite with 5 canvas “Denver” tents, furnished honeymoon suite, camp bathroom, outfitted camp kitchen with several high-end amenities + pizza oven. This incredible venue offers a multitude of uses with potential to host large events, weddings, retreats, etc. Established equestrian facilities: Accommodation for 50+ horses, 100-yd (square) training pen, 50-yd (circular) pen, horse walker, 6 horse pens, several turnouts, 3 massive paddocks (both w/feeders & water), tack rooms, 4-stable barn, horse wash bays, foaling & rehab stalls, modular 4-rail horse corrals, all with major space beyond to ride and enjoy the native lands abound. Enchanting grounds spanning 60 acres of natural beauty including miles of beautiful scenic trails, year-round creeks & waterfalls, mountaintop vistas with expansive views and the distant ocean horizon, large grassy pastures with oak trees where the horses can run free. Other key values: heavy-duty ranch equipment, artesian water well & pump from natural spring, multiple solar arrays, generators, batteries, containers, water tanks, newly re-roofed, new septic system. For those in pursuit of complete serenity with close proximity to the coast, this is it.

34747 Ortega Highway, Lake Elsinore

$1,890,000

5 Beds ⋅ 5 Baths ⋅ OC26172201 MLS ⋅ Active Status

Escape to your own private retreat on approximately 5.10 acres bordering the Cleveland National Forest, where incredible 360-degree views, privacy, and self-sufficient living come together in a truly special setting. This spacious 5-bedroom, 5-bath, two-story residence offers an exceptional combination of comfort, functionality, and wide-open space, all reached by a picturesque drive beneath a canopy of mature oak trees. A standout feature of the property is the impressive 80' x 35' fully insulated shop, equipped with approximately 160 amps of power, copper air lines, an incredible space for the enthusiast, collector, craftsman, or anyone needing substantial workspace and storage. 45 solar panels located on the shop roof supply power to both the residence and shop, while a private well, two 5,500-gallon water holding tanks providing 11,000 gallons of total storage, propane, and a newer backup generator further enhance the property's self-sufficient capabilities. Inside, the home has been refreshed with new luxury flooring, soft neutral interior paint, pet-friendly carpeting, and ceramic tile in the guest bathrooms. The upgraded kitchen features high end newer appliances by Decor and Kitchen Aid, while custom iron entry doors invite the mountain breeze inside. The spacious primary suite opens to a newly tiled private deck showcasing a truly spectacular view of the surrounding forest. Outdoors, enjoy a gorgeous swimming pool with beach entry, newer pool equipment, relaxing spa, shaded hammock sitting area, and drought-resistant, fire-conscious landscaping designed with limited water needs in mind. The property also features 1.5-inch fire-water hookups around the residence and shop with hoses and nozzles, adding another valuable feature to this mountain setting. With panoramic mountain and forest views, a remarkable shop, 45-panel solar system, private well and substantial water storage, pool, acreage, and direct proximity to the Cleveland National Forest, this is a rare opportunity to experience the beauty and independence of Ortega Mountain living.

34744 Ortega Highway, Lake Elsinore

$1,700,000

IV26177590 MLS ⋅ Active Status

The subject property consists of approximately 3.09 acres of vacant commercial land located along Collier Avenue with excellent visibility from Interstate 15. Situated just one-half mile from the Central Avenue interchange, the property offers outstanding accessibility and exposure within one of Lake Elsinore’s fastest growing commercial corridors. Surrounded by established commercial development and positioned adjacent to Lake Elsinore Honda, the site benefits from General Commercial zoning, readily accessible utilities, and convenient access to a growing mix of retail, automotive, and commercial uses. Its highly visible location along the Interstate 15 corridor presents an excellent opportunity for a wide variety of future commercial development.

Collier Avenue, Lake Elsinore

$1,580,000

4 Beds ⋅ 5 Baths ⋅ TR26158784 MLS ⋅ Active Status

Welcome to 30395 Ainsworth Place, a stunning custom estate set on a sprawling, fully fenced ~1-acre lot in the prestigious Brookstone Ranch community. Offering over 4,200 sq. ft. of modernized luxury, this home boasts breathtaking panoramic views of Lake Elsinore, surrounding mountains, and city lights. The grand great room, framed by soaring ceilings and floor-to-ceiling windows, is flooded with natural light. Designed for exceptional convenience, all 4 spacious bedrooms—including the luxurious primary suite with a spa-like bath—are thoughtfully situated on the main floor. The upstairs serves as a dedicated entertainment level, featuring a home theater room, wet bar, and dual balconies to enjoy the spectacular vistas. The resort-style backyard is an entertainer’s dream: featuring a lagoon-style pool with waterfalls, a rock spa, a custom thatched Palapa, a built-in BBQ station, and a private basketball court. Complete with a 5-car garage, long gated driveway, and paved RV parking, this estate offers rare privacy, style, and resort living.

30395 Ainsworth, Lake Elsinore

$1,250,000

IV26167268 MLS ⋅ Active Status

The Cape of Good Hope Specific Plan is a master-planned residential community in the Lake View District of northwest Lake Elsinore, originally approved in 1993 to guide the development of approximately 41 acres. The plan envisions a private, gated single-family neighborhood consisting of 67 residential lots, together with open space and recreational amenities designed to preserve the site’s hillside character and scenic views. The specific plan establishes the project’s land use framework, circulation, design standards, landscaping, and infrastructure requirements to ensure cohesive, high-quality residential development. Additionally, the flattest portion of the property front Spruce Street has a Tentative Tract Map for 6 additional lots. Please reach out to our team with any questions or interest in this opportunity.

Spruce Street, Lake Elsinore

$3,000,000

NP26151788 MLS ⋅ Active Status

This is a view lot currently zoned for residential use (W-2). The 72.99-acre lot is on the right-hand side while you drive on Ortega Hwy 74 away from the Lake, heading up the hill towards Orange County. There was an approved but expired development grading map for developing 98 SFR lots. The city will consider new development plan proposals. Immediate adjacent to this property are some established residential housing tract homes. So, utilities are all easily accessible and available. Please use street number 30515 Ortega Hwy at Land com or 31387 Ortega Hwy on LoopNet. The place to view the land parcel is at corner of Lakeridge Ave and Lakeridge Rd. It has a great lake view. From Grand Ave in either direction, turn left or right on Marcy to get to Lakeridge Ave. Seller is motivated. please submit offers with proof of funds.

30515 Ortega Highway, Lake Elsinore

$2,200,000

4 Beds ⋅ 5 Baths ⋅ OC26149249 MLS ⋅ Active Status

Extensively remodeled with a reconfigured floor plan, this home features a remodeled main kitchen, updated bathrooms, and inviting spaces for everyday living and entertaining. The main kitchen offers a large island with seating, a Thermador range, stainless steel appliances, and an apron-front sink. A downstairs kitchenette adds convenience for entertaining. This well-appointed home is thoughtfully designed and situated on approximately 18.53 picturesque acres behind a private gated entrance. The property includes a level pad with separate access from Ortega Highway, offering additional flexibility for a variety of potential uses, subject to applicable approvals and regulations. Located less than one mile from Grand Avenue, the property provides convenient access while offering a peaceful setting just a short drive from Orange County. This serene estate offers expansive scenic views and a unique combination of privacy, space, and versatility. It is an exceptional opportunity to experience the beauty and tranquility this property has to offer. Information deemed reliable but not guaranteed. Buyer and buyer's agent to conduct their own due diligence, verify all data, including square footage, permits, and zoning, and investigate all property features

30751 Ortega, Lake Elsinore

$1,759,000

DW26140807 MLS ⋅ Active Status

Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The real estate must be purchased in conjunction with the business, which is offered separately at $425,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. Cap rate at $10,000 NNN is 6.82 The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction. 2,776 SF building with an additional 800 SF covered patio Built in 1982 Renovated in 2022 Zoned CP Located on Ortega Hwy just as you come into Lake Elsinor. Cap Rate is based on Market rent of $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 Includes a Type 48 liquor license Seats 99 persons 10 beer taps, and 3 wells behind the bar Touchtunes jukebox Multuple Samsung Smart TVs Sound system with DJ set up Flat top grill Two fryers Pizza Oven

31502 Riverside, Lake Elsinore

$1,399,999

SW26136020 MLS ⋅ Active Status

Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encompassing 2 different and continuos parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. Opportunity for developing an additional 2 units exists. Site plan and elevations have been approved by the City of Lake Elsinore. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.

415 N Main Street, Lake Elsinore

$1,950,000

6 Beds ⋅ 4 Baths ⋅ SW26090235 MLS ⋅ Active Status

22-Acre Estate, Horse Property, ADU Potential with Utilities, Lake Elsinore. Rare opportunity to own approximately 22 acres of usable land in Lake Elsinore with public sewer, water, gas, and electricity—an uncommon find for acreage, horse property, or development potential. Located just minutes from the 15 freeway, offering privacy, space, and convenient access. The home features 6 bedrooms and 4 bathrooms, including two primary suites—ideal for multi-generational living, rental potential, or extended family. Functional layout with 3 bedrooms upstairs and 3 downstairs, high ceilings, abundant natural light, open-concept living, and a main-level office. Expansive land offers potential for horse property, agricultural use, RV parking, boat storage, ADUs, guest homes, or custom outbuildings (buyer to verify). Ideal for a private estate, investment opportunity, or future development.

19993 Grand, Lake Elsinore

$5,630,000

PW26089509 MLS ⋅ Active Status

Excellent opportunity to own approximately 5.60 acres of land located in the desirable area of Lake Elsinore, Riverside County. This property offers a unique natural setting with proximity to the Santa Ana River, providing a peaceful environment with potential for various uses. The property has been preliminarily identified as having potential for environmental mitigation purposes; however, all such potential is subject to buyer’s independent verification and approval by the appropriate regulatory agencies. The owner is open to selling the property in separate acres, offering flexibility for potential buyers and investors. Buyers are advised to conduct their own due diligence with the County of Riverside and all appropriate agencies regarding zoning, land use, utilities, environmental conditions, and any potential development or use of the property. Great opportunity for land banking or future investment.

14495 Temescal Canyon, Lake Elsinore

$2,354,500

PW26089346 MLS ⋅ Active Status

Excellent opportunity to acquire a vacant land parcel located in Riverside County (APN: 394-030-009). This property offers great potential for future investment, subject to buyer verification of all development possibilities and land use. Conveniently located near major roads and surrounding growth areas, making it an attractive option for investors and developers alike.

Temescal Canyon, Lake Elsinore

$2,495,000

6 Beds ⋅ 4 Baths ⋅ OC26074834 MLS ⋅ Active Status

In the tranquility of the Cleveland National Forest lies a hidden gem, the gated equestrian community of Rancho Capistrano and a truly one-of-a-kind setting. Modern farmhouse charm meets country living in this custom-built 6-bedroom, 4-bath estate. 2.59 acres of fully fenced land offers a lifestyle of peaceful retreat, hospitality, and sustainable living, capable of everything from a private family sanctuary to your own picture-perfect wedding venue. Framed by mature trees and breathtaking mountain views, this property provides a stunning natural backdrop for unforgettable celebrations! The expansive layout offers ample space for guests, outdoor ceremonies, and receptions under the stars! Step into your dreams of homesteading and hobby farming with 2 producing orchards, berry bushes, grapevines, farm-fresh eggs, and multiple gated paddocks ready for horses, livestock, and chickens. Chicken coop and barn with porch and goat milking station support your agricultural lifestyle, while the layout of the land allows plenty of room for grazing and acreage to expand. Inside, you’ll find soaring vaulted ceilings, real wood floors, open layout with French doors, 2 staircases, formal dining room, and a spacious kitchen with custom granite countertops, oversized breakfast nook, and double ovens. The main floor primary suite provides a private retreat with back porch access, dual walk-in closets, and oversized bathroom with jetted bathtub, separate shower, and dual vanities. Upstairs includes 5 additional bedrooms, 2 lofts, and ample storage cabinetry making this home incredibly versatile for hosting and everyday living alike. Inviting front porch and multiple back decks with porch swings and dining areas connect indoor comfort with outdoor living, entertaining, and endless fun overlooking the grounds complete with spa, zip line, tree fort, ladder ball court, tree swings, and cozy fire pit area. With 3,873 square feet of well-designed space and a backdrop of mature trees and mountain views, this property is a dream home! Whether you’re envisioning elegant outdoor dinner parties, gorgeous weddings, campouts, or a peaceful retreat, this property is ready for it all! This is more than just a home—it’s a lifestyle and a dream waiting to be realized. If you've felt the nudge to "get away from it all" while still being just miles from the cities and beaches of Southern California, this is your sign to take the leap into the best of both worlds you won't regret!

35159 El Dorado Street, Lake Elsinore

$1,400,000

3 Beds ⋅ 2 Baths ⋅ SW26062609 MLS ⋅ Active Status

Location Location Location . Value in Land .1 acre with a manufactured home / Home is a fixer and selling AS - IS /. Chapter 17.134 . CMU Commercial Mixed Use District. Permitted use: Apartments , Row housing , townhomes , Supportive housing , Food establishment, Financial , Live and work unit , Medical office , Professional offices, Parking facility, Retail , side walk vendors , Caretaker quarters , Bed and breakfast and more . Other use subject to CUP : Animal Hospital , Bar / PUB / Lounge , Card room , Catering services , Day Care , Condominium complex, Massage establishment , Assembly use ,Residential care facility and more . Temporary TUP : Open air market / food trucks . This property is next to LA fitness, Super Walmart, In and out burger , Douglas burger, Costco, Home Depot, Lowes and more . Easy on and off the 15 Freeways at main street , central or other exits. Live in home while you go threw process to add a drive thru restaurant , up to 18 apartments , church and or any CMU . See supplement for Restaurant Funding / Loans . Easy on and off the 15 freeway or 215 freeways .

29489 3rd, Lake Elsinore

$1,300,000

IV26061237 MLS ⋅ Active Status

GREAT OPPORTUNITY FOR DEVELOPERS!!! EXCELLENT LOCATION ON LAKESHORE DRIVE.

LAKESHORE, 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

$2,400,000

IG25274045 MLS ⋅ Active Under Contract Status

Seize this incredible commercial opportunity in Lake Elsinore, CA, just off the 15 freeway on Love Lane. This versatile industrial property offers M-SC zoning in Riverside County, making it ideal for trucking, logistics, storage, and various commercial uses. With easy freeway access, this lot provides seamless transportation routes for businesses looking to expand their fleet, operate a storage yard, or establish a central hub for logistics. Adding to its value, the property has been recently graded and features a water well on-site, a valuable asset for businesses requiring direct water access. Whether you’re an investor or a business owner in need of industrial-zoned land, this property offers exceptional potential in a growing commercial corridor. Opportunities like this are rare—don’t miss your chance!

Love Lane, Lake Elsinore

$1,200,000

SW25263501 MLS ⋅ Active Status

This property has an approved Conditional Use Permit (CUP) for a Used Auto Dealership. It has plans for a 2700 square foot showroom and a total of 134 parking spaces. Ideal for a used car lot, RV dealership, motorcycle dealership, etc. It is located on Auto Center Drive next to 3 major dealerships. Site plan and related documents are available.

Auto Center Dr, Lake Elsinore

$1,186,700

IV25245473 MLS ⋅ Active Status

Incredible Investment & Development Opportunity! Offering five parcels totaling over 15 acres in the highly desirable city of Lake Elsinore, CA. This prime land includes lake use rights and is ideal for developers or investors looking to capitalize on the area’s rapid growth. Conveniently located near shopping, schools, and freeway access, this property presents endless potential for mixed-use development. A rare find in one of Southern California’s most sought-after markets!

Grand Avenue, Lake Elsinore

$5,000,000

IV25245407 MLS ⋅ Active Status

We're pleased to present the opportunity to purchase +/- 30.88 gross acres of land located at the Lake Street & I-15 interchange in the City of Lake Elsinore. The site is a part of the larger Alberhill Specific Plan which encompasses thousands of residential units and millions of square feet of commercial & industrial space, primarily along Lake Street. The entirety of the site initially consisted of 270 acres, of which roughly 240 acres has already been sold to the RCA, leaving approximately 30 gross acres for development. Of the +/- 30 acres, we’ve estimated approximately 6.6 acres is usable based on the conceptual pad exhibit on the following page in which avoids blasting and balances from a grading standpoint. The grade also maxes out at 5% to accommodate trucks based on the various proposed uses. The +/- 6.6 net acres is split up between a larger 4.7-acre pad and smaller 1.9-acre pad. Ownership is open to selling all together or separate. Please reach out with any questions or interest in this opportunity.

Walker Canyon Road, Lake Elsinore

$9,400,000

DW25215715 MLS ⋅ Active Status

Rare opportunity to own approximately 1,048 acres of prime vacant land in the rapidly growing city of Lake Elsinore featuring breathtaking panoramic lake, mountain, valley, and city light views. This exceptional property offers endless potential for investment, future development, luxury estates, resort concepts, recreational use, ranch operations, or long-term land banking in one of Southern California’s expanding markets. The scenic rolling hills and elevated terrain create stunning view corridors and a peaceful natural setting while remaining conveniently located near major highways, shopping, dining, and recreational attractions. Lake Elsinore is renowned for boating, fishing, hiking, motorsports, skydiving, and year-round outdoor lifestyle activities, making this a rare opportunity for visionary developers, investors, and those seeking a remarkable large-acreage property with unlimited possibilities.

Leach Canyon Rd, Lake Elsinore

$8,000,000

IV25214091 MLS ⋅ Active Status

Alberhill Court which consists of 10.47 gross acres designated for high-density / multi-family zoning (up to 207 units). The site is primarily envisioned for garden-style walk-up apartments, with alternative potential uses including townhomes or duplex/triplex configurations.

Lake Street, Lake Elsinore

$7,950,000

OC25131191 MLS ⋅ Active Status

Don’t miss this rare opportunity to own a truly extraordinary piece of land. Situated on the Orange County boundary line adjacent to the Highly Desirable Rancho Mission Viejo Reserve and just a few miles from the charming, historic heart of San Juan Capistrano, moments from Ortega Highway, this expansive 600+ acre property spans four contiguous parcels and offers stunning ocean views from select vantage points. A standout feature of this offering is its valuable water rights sourced from the Cleveland National Forest, stemming from Caspers Wilderness Park—a unique and highly desirable asset for agricultural use, development planning, or private retreat design. Whether you're an investor, developer, builder, or seeking agricultural potential, this property presents endless possibilities. Zoned for one home per 5 acres, the land offers flexibility for a variety of uses—create a luxury estate compound, develop a collection of private residences, or establish an agricultural haven. With its unmatched combination of size, location, natural resources, and development potential, this is a once-in-a-generation opportunity to create something truly remarkable.

Vacant Land, Lake Elsinore

$1,350,000

OC25103213 MLS ⋅ Active Status

7.740 Acres of Land facing the 15 Freeway on Paved Road in Lake Elsinore. Great opportunity for a Development. Electricity right on the Street. Located a few miles from Corona. Easy access to the Freeway. The Parcel Adjacent to this one (394-060-001 with 11.980 Acres), it is also for Sale (OC25103197).

Concordia Ranch Road, Lake Elsinore

$1,350,000

OC25103197 MLS ⋅ Active Status

11.980 Acres of Land facing the 15 Freeway on Paved Road in Lake Elsinore. Great opportunity for a Development. Electricity right on the Street. Located a few miles from Corona. Easy access to the Freeway. The Parcel Adjacent to this one (394-050-001 with 7.740 Acres), it is also for Sale (OC25103213).

Concordia Ranch Road, Lake Elsinore

$3,000,000

OC25004389 MLS ⋅ Active Status

Ortega Mountain Ranch - 49.03 Acres of Natural Beauty Discover the serenity of this stunning 49.03-acre property on Ortega Mountain. Featuring lush flat pastures, native grasses, mature trees, and a seasonal flowing creek, this land offers a rare opportunity to create your dream ranch or private retreat. With a reliable water source and a unique microclimate ideal for horse pastures, it’s truly a one-of-a-kind find. Situated just minutes from Dana Point and South Orange County, as well as the conveniences of Lake Elsinore, the location combines seclusion with accessibility. The newly improved Ortega Highway ensures easy travel to and from the property. Surrounded by National Forest and fully gated, this property offers peace, privacy, and endless possibilities. Whether you envision building your dream ranch, a custom home, or preserving this natural haven, you must see it in person to fully appreciate its beauty and potential.

Ortega Highway, Lake Elsinore

$12,500,000

AR24084175 MLS ⋅ Active Status

The investors’ dream opportunity-42 acres of lakefront land located at Southern California’s Larges Natural Freshwater Lakeshore. Unparalleled lake scenery, the famous historic building of Naval and Military Academy situated at the site. Neighborhood is well developed and the site adjoins with the existing nice single houses and condominium communities. The land is fully fenced and ready for the investors to build the high-end single houses, senior condominiums, hotels, resorts, water recreation, entertainment, dining and shopping. This project is strongly supported by the City of Lake Elsinore and the County of Riverside.

15900 Grand, Lake Elsinore

$5,200,000

SW24004210 MLS ⋅ Active Status

HARD TO FIND 6+ ACRES WITH I-15 FREEWAY VISIBILITY LOCATED AT THE BUSIEST OFFRAMP IN THE DYNAMIC, GROWING CITY OF LAKE ELSINORE. THE I-15 AND HWY 74 COMMERCIAL CORRIDOR IS HOME TO A SUPER WALMART, COSTCO, LOWES HOME IMPROVEMENT, LA FITNESS, CHILI'S, CHICK-FIL-A, JERSEY MIKES AND MANY OTHERS . OFFERING CONSISTS OF 6 PARCELS, SITS AT INTERSECTION OF 2 STREETS WITH TRAFFIC SIGNAL, AND IS ZONED C-2. MANY POSSIBILITIES.

Dexter, Lake Elsinore

$5,200,000

SW24002012 MLS ⋅ Active Status

HARD TO FIND 6+ ACRES WITH I-15 FREEWAY VISIBILITY LOCATED AT THE BUSIEST OFFRAMP IN THE DYNAMIC, GROWING CITY OF LAKE ELSINORE. THE I-15 AND HWY 74 COMMERCIAL CORRIDOR IS HOME TO A SUPER WALMART, COSTCO, LOWES HOME IMPROVEMENT, LA FITNESS, CHILI'S, CHICK-FIL-A, JERSEY MIKES AND MANY OTHERS . OFFERING CONSISTS OF 6 PARCELS, SITS AT INTERSECTION OF 2 STREETS , WITH TRAFFIC LIGHT AND IS ZONED C-2. MANY POSSIBILITIES.

Dexter Avenue, Lake Elsinore

$4,400,000

WS21251012 MLS ⋅ Active Status

Excellent investment opportunity to build on this prime 18 acres LAKE FRONT land in Lake Elsinore- one of the fastest growing cities in California. Flat grassy land with huge Riverside Drive frontage at major intersections. All utilities in the street. Zoned for Commercial/Mixed-use. BUYER & BUYER'S AGENT TO VERIFY ALL INFO WITH CITY.

31360 Riverside Dr., Lake Elsinore

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