Lake Elsinore City CA Historical Real Estate, Homes for Sale

1 Beds ⋅ 1 Baths ⋅ IV26195980 MLS ⋅ Active Status

Rare turnkey, entry level opportunity. Quiet location surrounded by homes on large lots. Walking distance from Temescal Canyon High School. Near excellent shopping. Easy access to Interstate 15. Manufactured home on permanent foundation with attached mobile trailer extension on nearly 6,100 sq ft of land. Has updated roof, electrical, paint, flooring, deck and more since last sale. Carport and rear structure containing laundry and storage included. Beautifully landscaped with gated front yard for privacy and shade. No HOA, lowest tax rate possible, and no land lease. This home will not last.

18100 Tereticornis, Lake Elsinore

$580,000

4 Beds ⋅ 3 Baths ⋅ IG26195555 MLS ⋅ Active Status

This is a must see completed remodeled 3 bedroom 2 bath home in the heart of Historic Downtown Main Street. Walk to Old Town, restaurants, shopping and market night. This property is located across from The Lake and has a gorgeous view of the water. Property features a completed 1 bedroom 1 bath ADU perfect for extended family, and enough room for RV parking. Don't miss looking at this one!

108 S Chestnut, Lake Elsinore

$475,000

3 Beds ⋅ 1 Baths ⋅ IG26194980 MLS ⋅ Pending Status

Welcome to 505 Lookout St, a charming 1926 home tucked away on a quiet cul-de-sac in Lake Elsinore. Situated on two lots totaling approximately one-third of an acre, this unique property offers an incredible amount of usable outdoor space and endless possibilities. The fully fenced grounds have been cleared and provide plenty of room for RV and toy parking, outdoor entertaining, gardening, future improvements, or simply enjoying the extra space. Inside, the home features 3 bedrooms and 1 bathroom with the character and charm you would expect from a home of this era. Wood flooring runs throughout much of the home, while a cozy fireplace anchors the living room and creates an inviting gathering space. A detached 2-car garage provides additional parking, storage, or potential workspace. With two lots, approximately one-third of an acre of cleared and usable land, a detached garage, and a cul-de-sac location, this property offers a combination of character, space, and flexibility that is increasingly hard to find. Whether you’re looking to preserve its vintage charm or create something entirely your own, 505 Lookout St is full of potential.

505 Lookout Street, Lake Elsinore

$479,000

3 Beds ⋅ 2 Baths ⋅ SW26194848 MLS ⋅ Active Status

Absolutely gorgeous fully renovated home. This home has had everything done from fully remodeled kitchen including new cabinets, quartz counter tops and stainless appliances. Both of the bathrooms have also been completely done with new vanities and walk in showers. All 3 bedrooms have their own mini split AC and heat, LED can lighting, stylish LVP flooring, large closets and window blinds. The back yard has plenty of space for entertaining and the garage has a plenty of space and includes a dedicated storage and laundry area. Super efficient home, block exterior walls. Property is centrally located with great freeway and Ortega access, close to schools and just a couple blocks to the lake.

33174 Tetterington, Lake Elsinore

$369,999

2 Beds ⋅ 1 Baths ⋅ SW26183614 MLS ⋅ Active Under Contract Status

Welcome to 33205 Zellar St. in Lake Elsinore, where thoughtful upgrades, energy efficiency, and smart design come together to create a home that lives far larger than its footprint. This beautifully updated property features SOLAR with a backup battery system, a NEW 200-amp electrical panel, complete electrical rewiring, NEW dual-pane windows, a 50-amp RV hookup with EV charger, and automation throughout for modern convenience. The BRAND-NEW kitchen has been completely redesigned with quartz countertops, soft-close cabinetry, ALL NEW Samsung appliances, an induction cooktop, farmhouse sink, and additional pantry cabinetry, maximizing storage while creating a bright, functional space. The remodeled bathroom features a walk-in shower, updated plumbing, and modern finishes, while three NEW mini-split systems with individual air handlers provide efficient year-round comfort. Every detail has been considered, from Philips Hue smart lighting with dimmers to child-safe rewired outlets throughout the home. Outside, you'll find a fully fenced yard with a mature shade tree, covered patio, and usable underground storage, along with a detached workshop complete with air conditioning that is currently used as a home office but could easily serve as a workshop, studio, or hobby room. The spacious covered porch includes the laundry area, while Ethernet wiring to the workshop, numerous exterior outlets, and extensive infrastructure improvements add everyday functionality. You'll enjoy beautiful lake views from the front porch and street, and a short drive to Launch Pointe (the new lakeside activity center with boat launch, concerts, camping events, fishing, etc) and all that Lake Elsinore has to offer. With all the major systems already updated, this move-in-ready home offers the perfect blend of charm, efficiency, and modern convenience.

33205 Zellar, Lake Elsinore

$435,000

2 Beds ⋅ 2 Baths ⋅ SW26149323 MLS ⋅ Active Status

HUGE PRICE REDUCTION! Welcome to a home that feels easy to settle into from the moment you arrive. Just a short walk from Lake Elsinore, this charming two-story property offers the added perk of private access to the lake, making morning strolls, sunset views, and weekend outings feel wonderfully close. Inside, you’ll find a thoughtful layout with 2 bedrooms and 2 bathrooms, a beautiful kitchen, and tile flooring throughout the main living areas. The bedrooms feature gorgeous, upgraded flooring and offer generous space for comfort and relaxation. The living room brings warmth with its cozy fireplace and built-in speakers, creating a perfect setting for movie nights or quiet evenings at home. One of the standout features is the second floor den above the garage, finished with vinyl flooring and offering a spacious, flexible area ideal for a home office, studio, game room, or creative retreat. A welcoming home with character, comfort, and the added joy of being so close to the lake. Private access to the lake is one of the perks of this community, giving residents an added benefit for outdoor activities, scenic views, and peaceful surroundings.

32989 Pepper Drive, Lake Elsinore

$275,000

2 Beds ⋅ 2 Baths ⋅ 26871823 MLS ⋅ Pending Status

Sale is subject to short sale approval. Major foundation and plumbing issues.

32795 Crescent Avenue, Lake Elsinore

$474,900

3 Beds ⋅ 1 Baths ⋅ SW26171222 MLS ⋅ Active Status

Welcome home to this adorable, beautifully renovated property offering the perfect blend of charm, comfort and modern style. Ideally located near Lake Elsinore and surrounded by beautiful mountain views, this home is a wonderful opportunity! This spacious lot consists of two APN#'s, 382-033-020 and 382-033-021 totaling approximately 7840 SF. This home has been completely refreshed with new windows, new flooring, fresh interior & exterior paint, new appliances, new fixtures and completely remodeled kitchen and bathroom. Outside, you'll find a large, fenced lot offering plenty of room to enjoy and relax. A one car garage plus a convenient carport provide ample parking and storage. Cute, comfortable and completely updated, this home is truly move-in ready and waiting for it's new owner!

33189 Schaper Street, Lake Elsinore

$449,999

2 Beds ⋅ 2 Baths ⋅ IV26172180 MLS ⋅ Pending Status

Welcome to 406 Lookout Street in Lake Elsinore. This remodeled home features a long list of recent improvements, including a remodeled kitchen with new cabinets, countertops, and appliances, new flooring, drywall, baseboards, window casings, interior and exterior paint, updated lighting fixtures, new plug switches, and remodeled bathrooms. The backyard has also been enhanced with newly poured concrete, and the property is enclosed by a brand-new perimeter fence. Outside, you'll find a spacious yard with a built-in fire pit that's ready for barbecues, family gatherings, or relaxing with friends. Conveniently located near the I-15 freeway, this home offers easy access for commuters while being situated in a quiet Lake Elsinore neighborhood. If you're looking for a move-in ready home with quality updates and outdoor space to enjoy, come see 406 Lookout Street in person and decide for yourself if it's the right fit for you.

406 Lookout, Lake Elsinore

$209,900

2 Beds ⋅ 2 Baths ⋅ 260018658SD MLS ⋅ Active Status

Welcome to Lake Elsinore Village, a desirable 55+ community just moments from beautiful Lake Elsinore. This charming condo offers 2 bedrooms, 1.5 bathrooms, and approximately 800 square feet of comfortable living space in a peaceful, low-maintenance setting with community pool, laundry, and clubhouse. Enjoy updated flooring and mini-split ac and heat. Residents appreciate the welcoming community atmosphere, nearby park, lakefront recreation, and close proximity to Main St shopping, dining, the senior center next door, and local amenities. A great opportunity to enjoy relaxed senior living in a well-located Lake Elsinore community. Great rental potential for investors, as well. The homeowners' association fee is $365 per month and includes community maintenance, water, sewer, and trash. Buyer to verify all listing info and investor information. 55+ community of Lake Elsinore Village Association

Lake Elsinore

$539,000

4 Beds ⋅ 3 Baths ⋅ 260018422SD MLS ⋅ Active Status

New Opportunity in Lake Elsinore! Whether you're searching for a flexible investment, your first home, or a property with room for extended family, 33220 Baldwin Blvd offers exceptional versatility and value. Ideally located just minutes from Lake Elsinore, this unique property features a spacious main residence with 2 bedrooms and 2 bathrooms, plus an additional non-permitted living area with 2 bedrooms, 1 bathroom, and separate private entrances, creating endless possibilities for a variety of living arrangements. Set on a generous lot with expansive front and back yards, there's plenty of outdoor space to entertain, garden, or explore future possibilities. Conveniently located near shopping, dining, schools, and recreation, this is a rare opportunity to own a property with flexibility and upside in one of Lake Elsinore's growing communities. Buyer to Verify: Tax records reflect 4 bedrooms and 1.75 bathrooms. The property is currently configured as a 2-bedroom, 2-bath main residence plus an additional non-permitted living area with 2 bedrooms and 1 bathroom. Buyers and their agents are advised to independently verify all permits, square footage, room counts, and intended uses of the property. Photo Disclosure: Listing photographs include original images, digitally altered images with furniture and personal property removed and virtually staged images to illustrate potential use of space. Original unaltered photos are included for reference. New Opportunity in Lake Elsinore! Whether you're searching for a flexible investment, your first home, or a property with room for extended family, 33220 Baldwin Blvd offers exceptional versatility and value. Ideally located just minutes from Lake Elsinore, this unique property features a spacious main residence with 2 bedrooms and 2 bathrooms, plus an additional non-permitted living area with 2 bedrooms, 1 bathroom, and separate private entrances, creating endless possibilities for a variety of living arrangements. Set on a generous lot with expansive front and back yards, there's plenty of outdoor space to entertain, garden, or explore future possibilities. Conveniently located near shopping, dining, schools, and recreation, this is a rare opportunity to own a property with flexibility and upside in one of Lake Elsinore's growing communities. Buyer to Verify: Tax records reflect 4 bedrooms and 1.75 bathrooms. The property is currently configured as a 2-bedroom, 2-bath main residence plus an additional non-permitted living area with 2 bedrooms and 1 bathroom. Buyers and their agents are advised to independently verify all permits, square footage, room counts, and intended uses of the property. Photo Disclosure: Listing photographs include original images, digitally altered images with furniture and personal property removed and virtually staged images to illustrate potential use of space. Original unaltered photos are included for reference.

33220 Baldwin Blvd, Lake Elsinore

$719,000

SW26164962 MLS ⋅ Active Status

Discover a unique investment opportunity in Lake Elsinore with this versatile three-unit property. Ideal for investors or owner-occupants, the property offers multiple income-producing possibilities—live in one unit while renting the others, accommodate extended family, or add a multifamily asset to your portfolio. Each residence provides private living space, while the property’s location offers convenient access to shopping, dining, recreation, major roadways, and Lake Elsinore’s scenic waterfront. With strong rental potential and flexible living arrangements, this triplex is an opportunity you won’t want to miss. Buyer to verify all unit details, permits, square footage, zoning, and rental information.

305 Line Street, Lake Elsinore

$400,000

2 Beds ⋅ 2 Baths ⋅ OC26160806 MLS ⋅ Active Status

Welcome to 32565 Wildomar Road, Lake Elsinore, a charming manufactured home offering 2 bedrooms, 2 bathrooms, and a versatile office space that can be used as a home office, hobby room, or additional flex space. The home features a generous open kitchen that flows seamlessly into the family room, creating a comfortable and inviting space for everyday living and entertaining. The property also offers a spacious backyard with plenty of room to enjoy the outdoors, garden, or create your own private retreat. A large driveway provides convenient parking for residents and guests. Located in the growing community of Lake Elsinore, the home is conveniently situated near local shopping, restaurants, grocery stores, parks, schools, and everyday conveniences. Residents can enjoy nearby outdoor recreation, including Lake Elsinore and surrounding hiking and recreational areas. The location also offers convenient access to major roadways and nearby freeways, making commuting to surrounding communities throughout Riverside County more convenient. This home offers a great combination of comfortable living space, a functional layout, generous outdoor areas, and a convenient location. Property sold as-is.

32565 Wildomar Road, Lake Elsinore

$549,000

260017737SD MLS ⋅ Active Status

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!

176 Olive St, Lake Elsinore

$475,000

2 Beds ⋅ 1 Baths ⋅ P1-27916 MLS ⋅ Active Status

The charming lake house. Located in vista del lago Community, New Roof , update Cooper plumbing, New partial electrical and panel, New Paint throughout, renovated bathroom and kitchen area new lighting fixtures. A short walking distance from the Lake. NO HOA! Private key available for purchase not for public use. Delivered vacant!

32961 Urban Avenue, Lake Elsinore

$459,000

2 Beds ⋅ 2 Baths ⋅ PW26135760 MLS ⋅ Active Under Contract Status

Charming single-story home situated on a spacious two-lot property, offering approximately 6,563 sq ft of land and 899 sq ft of living space. This 2-bedroom, 1.75-bath home features an updated HVAC system (less than 5 years old), solar with battery backup, and a versatile detached workshop converted into an approximately 100 sq ft office complete with electricity and air conditioning. The property also includes an open concrete carport, a separate front entrance to the second bedroom, and excellent ADU potential (buyer to verify with the City of Lake Elsinore), with the two-lot configuration potentially providing additional development opportunities. Conveniently located near shopping, dining, schools, parks, and commuter routes.

16736 Joy Street, Lake Elsinore

$449,900

2 Beds ⋅ 1 Baths ⋅ IG26140549 MLS ⋅ Pending Status

Great little starter home with amazing views. completely turnkey and ready to go. Comes with 2 parcels. Fresh paint, flooring, cabinets and new appliances. CLOSE TO EVERYTHING YOU NEED! But it feels like you're living a vacation! has large workshop for the handy homeowner. Come and check this one out today! buyer to verify sqft, lot boundaries and permits.

18173 Ballard, Lake Elsinore

$495,000

3 Beds ⋅ 2 Baths ⋅ 26850985PS MLS ⋅ Active Status

This lake view 3-bedroom, 2-bath home sits on a generous 50' x 150' lot in an established Lake Elsinore hillside neighborhood with no HOA. From the private front porch and semi-enclosed trellis, enjoy views of Lake Elsinore and the Santa Ana Mountains from a higher elevation, while relaxing in your own outdoor retreat. Built in 1947 and thoughtfully updated over the years, the approximately 1,000 square-foot home combines character with modern improvements. Interior features include kitchen and both bathrooms being remodeled approximately four years ago, a warm and neutral interior paint color as well as newer carpeting in two of the three bedrooms. Two energy-efficient mini-split systems provide heating and cooling throughout the home. Many of the major improvements have already been completed, including new attic insulation, a new crawl-space vapor barrier, a recently cleaned and certified septic system, Trex decking on the front porch and back deck and a retaining wall designed to protect the home from the lot's natural slope. The property is connected to city water, and newly planted privacy hedges continue to mature, enhancing the outdoor spaces. A major bonus is the dual solar panel system, which currently generates more electricity than the home consumes, helping to keep utility costs low. The long driveway provides parking for multiple vehicles and offers space for an RV, boat or trailer. This is an excellent opportunity to purchase a well-maintained home with many costly, labor-intensive upgrades already completed. Bring your finishing touches and enjoy lake views, mountain views, and the chance to add value over time. Conveniently located near some of the best shopping, dining, and recreational opportunities Lake Elsinore has to offer. Hurry!

33155 Adelfa Street, Lake Elsinore

$697,000

3 Beds ⋅ 2 Baths ⋅ PW26139707 MLS ⋅ Active Status

Commercial/Residential Zoned Property with Dual Street Entrances! Sitting on over half an acre, this highly visible, flat lot features rare dual property entrances with frontage on East Lakeshore Drive and a secondary pull-through access point on Elm Street. The property includes an approx. 950 sq. ft. building designed with two independent exterior entrances, making it incredibly adaptable. Inside, the versatile layout features two front rooms ideal for offices or bedrooms, while the rear section provides an additional private room or office. Previously a car dealership, the expansive lot and high traffic location are proven winners for business. With flexible mixed-use zoning, this is an unmatched opportunity for business owners seeking a live/work setup. This lot is ready for COMMERCIAL occupancy, RESIDENTIAL occupancy, or BOTH! (Buyer / Tenant to verify all zoning and permitted uses).

2006 E Lakeshore, Lake Elsinore

$899,000

IV26135897 MLS ⋅ Pending Status

Investor opportunity in the heart of Old Town Lake Elsinore, near main Street. This well maintained fourplex features four 1 bedroom, 1-bathroom units and is ideally located just moments from Main Beach, the public boat ramp, nearby baseball fields, public library, post office. The property offers strong tenant appeal with dedicated on-site laundry room equipped with Speed Queen coin-operated washer and dryer, providing additional income potential. Exterior improvements include attractive low maintenance landscaping with artificial turf, decorative rock, concrete hardscaping, and a newer roof. The rear parking area features a concrete parking lot with five designated spaces and room for a sixth vehicle. Additional highlights include a Tesla solar lease and a highly desirable location near recreation, shopping, dining and the Lake Elsinore Waterfront. All information contained herein is deemed reliable but not guaranteed. Buyers and Buyers agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, permits, property condition and any other matters affecting the property. Seller and listing broker make no representations or warranties, expressed or implied, as to the accuracy of information provided. Buyer is advised to conduct their own due diligence and investigations to their satisfaction prior to the close of escrow. Listing agent is the owner of the property. Electricity, water and gas are on 1 meter.

111 S Lindsay Street, Lake Elsinore

$560,000

IG26115054 MLS ⋅ Active Status

Commercially zoned land represents the true value of this rare Lake Elsinore opportunity. The property consists of approximately 1.15 acres of flat, usable land with desirable General Commercial Mixed-Use (C-1/C-P) zoning, allowing for a wide variety of development possibilities. Potential uses may include a bank, grocery store, church, dry cleaning business, professional offices, retail establishments, restaurants, and numerous other commercial or mixed-use projects, subject to city approvals and verification by the buyer. Ideally positioned with excellent frontage and visibility near Grand Avenue, the site offers outstanding exposure, accessibility, and long-term investment potential in a growing area. The existing residence and swimming pool can provide immediate utility while plans for future redevelopment are evaluated. Positioned next to the local fire station, surrounded by open land, and benefiting from attractive lake views, the property combines strong fundamentals with future flexibility. Large commercially zoned parcels in established locations are becoming increasingly difficult to find, making this an exceptional opportunity to secure a property with both current utility and significant future development potential.

33040 Maiden, Lake Elsinore

$560,000

3 Beds ⋅ 3 Baths ⋅ IG26114915 MLS ⋅ Active Status

Rare opportunity to own a truly unique Lake Elsinore property situated on approximately 1.15 acres of flat, usable land with beautiful lake views and room to spread out. The property features a 3-bedroom, 2.5 -bath home, a large swimming pool, and expansive outdoor space perfect for entertaining, recreation, or simply enjoying the peaceful surroundings. While the home is not a turnkey property and could benefit from updating and personal touches, it has been a wonderful residence for the current owners for more than 40 years and has provided decades of cherished memories. Bring your imagination, vision, and creativity to unlock this property’s full potential. With the right improvements, this could become one of the most distinctive and desirable properties in the area. Conveniently located near Grand Avenue and surrounded by open parcels, the property offers both privacy and accessibility. As an added bonus, the property is commercially zoned (C-1/C-P), providing future flexibility and potential opportunities for the next owner while allowing you to enjoy it today as your primary residence.

33040 Maiden, Lake Elsinore

$212,500

2 Beds ⋅ 2 Baths ⋅ SW26109050 MLS ⋅ Active Status

Senior Community. Clean, 2 bedroom, 1 1/2 baths. On site parking, pool, laundry facility.

150 E Lakeshore Unit 15, Lake Elsinore

$459,000

2 Beds ⋅ 1 Baths ⋅ IG26104181 MLS ⋅ Pending Status

This is a rare opportunity to own a charming mid-century bungalow on a large corner lot in beautiful Lake Elsinore. The property offers exceptional flexibility, plenty of space for outdoor activities and room to park an extra car, RV, boat, or other recreational toys. Adding to the appeal, the adjoining vacant lot of approximately 4,356 square feet at 33191 Pederson St. (APN #382-022-026) is also available to be purchased separately. Per Realist Tax, the two properties together total approximately 12,632 square feet. They are located just a few blocks from the lake. The home offers a charming front gable with wood railings that enhance the entry, while a newer concrete pad off the side door creates an inviting space for BBQs or dining al fresco under the stars. Inside, you’ll find laminate flooring, refreshed paint, smooth ceilings, dual-pane E-glass windows, and updated doors that enhance both comfort and efficiency. This delightful single-story home features classic architectural gables, abundant natural light, and a bright, cheerful interior that flows throughout the home. The spaces feel open and colorful, with sunlight creating a warm, welcoming atmosphere. The spacious kitchen offers upgraded counters, custom glass-front cabinets, and room for a breakfast table where you can enjoy morning meals while taking in mountain views through the picture window. The floor plan includes two well-sized bedrooms and one bath. The elegant living room and comfortable dining room feature multiple framed windows and upgraded flooring, while the spacious primary bedroom includes a walk-in closet. Ceiling fans are located in the living room, kitchen, and both bedrooms. Additional features include an updated kitchen faucet and updated blinds throughout. A converted garage provides extra storage or flexible space for art, crafts, or future personalization. The utility room has been converted into a functional indoor laundry area, and a convenient hallway linen closet adds storage. Per the seller, important updates completed approximately eight years ago include replacing the roof, adding dual-pane windows, updating the siding, and upgrading the interior and exterior doors. Filled with light, character, and charm, this home offers comfort today and possibilities for tomorrow. Whether you’re a homebuyer with a vision or an investor looking for your next project, this versatile two-bedroom, one-bath home could be the opportunity you’ve been waiting for.

33161 Pederson, Lake Elsinore

$499,900

5 Beds ⋅ 3 Baths ⋅ SW26091489 MLS ⋅ Active Status

Charming Lake Elsinore Retreat with Incredible Views & Outdoor Lifestyle! This unique property offers the perfect blend of rustic charm and modern comfort, all set on a private 10,000 sq ft lot with 3 decks. Private lake access with a 3 acre private beach with two private boat ramps available for only $10/month. Take in breathtaking lake and mountain views from the expansive front deck — ideal for dining, entertaining, or simply relaxing in nature. Inside, you’ll find an open floorplan with vaulted beamed ceilings, wood flooring, and a cozy wood stove that creates a warm, inviting atmosphere. The main second level includes the main living, dining, and kitchen areas with French doors that open directly to the porch, plus two spacious bedrooms and a bathroom. The lower level offers three bedrooms and a full bath, with French doors leading to the large concrete driveway and patio — perfect for outdoor gatherings and ample parking. Enjoy easy access to Ortega Highway and convenient commuting to Orange County while still enjoying the peace and quiet of a serene area tucked away from the hustle and bustle of the city. Whether you’re seeking a peaceful getaway or an adventure-filled lifestyle, this home delivers it all. Conveniently located to enjoy the scenic outdoor lifestyle of Lake Elsinore — this is a rare opportunity you won’t want to miss!

17247 Encina Drive, Lake Elsinore

$463,500

2 Beds ⋅ 2 Baths ⋅ SW26091575 MLS ⋅ Active Status

New Vinyl fencing is installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinore's shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$429,999

2 Beds ⋅ 1 Baths ⋅ RS26090059 MLS ⋅ Active Status

Beautiful 2 Bedrooms, 1 Bath Home in Lake Elsinore with RV access to backyard from side street. Ready for new owners, A must see!! Located close to shops, restaurants, and walking distance to a nice park and lake.

17607 Mackay, Lake Elsinore

$463,500

SW26068596 MLS ⋅ Active Status

New vinyl fencing has been installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinores shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$689,000

SW26070373 MLS ⋅ Active Status

Exceptional value-add investment opportunity located at 32989 Macy St in the growing city of Lake Elsinore. Previously designated as a commercial-zoned and utilized as a church, this property has been rezoned by the city to High Density R-3 Residential, creating a rare and highly desirable opportunity to meet the area’s increasing housing demand. This zoning shift significantly enhances the property’s development potential, making it ideal for developers, investors, and builders seeking to maximize returns. The existing structure spans approximately 4,200 square feet and offers a strong foundation for redevelopment into a multi-unit income-producing asset, with potential for a 3-plex configuration and additional ADU possibilities (buyer to verify with city). With limited inventory and continued population growth in the region, this property is well-positioned for long-term appreciation and rental income potential. The property enjoys scenic lake and mountain views and is located just minutes from Lake Elsinore, Southern California’s largest natural freshwater lake, known for boating, fishing, and year-round outdoor recreation. Its strategic location near Ortega Highway provides convenient commuter access to Orange County, making it especially attractive for tenants traveling to coastal employment hubs. Additionally, the property is just a short drive from the Interstate 15 Fwy, offering seamless connectivity to Corona, Temecula, Riverside, and San Diego. Residents will appreciate close proximity to popular local attractions such as Lake Elsinore Launch Pointe, Lake Elsinore Beachfront Park, Lake Elsinore Casino, and Storm Stadium, along with convenient access to nearby Costco, Home Depot, Target, Super Wal-Mart, Lowe's Shopping centers, dining, and everyday amenities. With its prime location, flexible high-density zoning, scenic views, and strong redevelopment potential, this property represents a rare opportunity to invest in one of Southern California’s rapidly expanding rental markets.

32989 Macy, Lake Elsinore

$499,995

2 Beds ⋅ 2 Baths ⋅ SW26050729 MLS ⋅ Active Status

Private hilltop retreat with fantastic views of the Lake Elsinore Valley, lake views, and the Ortega Mountains. This unique home offers privacy while still being close to town. Fresh interior and exterior paint give the home a clean, updated feel. The owner remodeled the home with custom plastered walls and a stucco exterior, giving it the look of a traditional home. Enjoy the views and cool breezes from the large covered front porch with beautiful archways. The home measures approximately 1,325 sq. ft. (buyer to verify) and sits on a permanent foundation. The living room features a cozy fireplace, and tile flooring runs through the kitchen, dining area, family room, hall, and hall bath. Numerous dual-pane windows and a sliding glass door provide natural light. Outside features a huge detached 2-car garage (approx. 600 sq. ft.), a large workshop (approx. 700 sq. ft.) with roll-up door and 220V, plus ample parking and a large concrete driveway—perfect for RVs, boats, toys, or projects

18515 Penny Trail, Lake Elsinore

$1,199,999

DW26037236 MLS ⋅ Active Status

Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside. The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses. The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration. According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft. Flexible investment options: - Owner-user opportunity: Operate your business on the ground floor and reside upstairs. - Dual-income potential: Lease both the commercial and residential units for maximum cash flow. - Value-add upside: Benefit from continued downtown growth and infrastructure investment. The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce. With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.

118 N Main, Lake Elsinore

$2,050,000

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

$420,000

IV26023151 MLS ⋅ Pending Status

Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.

33384 Adelfa Street, Lake Elsinore

$1,199,999

DW25237444 MLS ⋅ Active Status

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

118 N Main, Lake Elsinore

$740,000

PW25221333 MLS ⋅ Active Status

Spacious open interior. This property has long been home to an antique boutique business, currently on a month-to-month lease. The tenant would like to remain after the sale, but that decision is up to the new owner. Lake Elsinore is a historic community with numerous shops along Main Street, making it a shopper’s haven. The lake itself attracts water sports enthusiasts and fishing fans to the area. Feel free to visit the store during business hours and take a look around, but please refrain from asking employees any questions about the property. Instead, direct inquiries to your agent or the listing agent.

119 W Peck, Lake Elsinore

Browse All Lake Elsinore City CA Historical Properties for Sale

Lake Elsinore City Historical Real Estate