Quick Lake Elsinore City CA MLS Search

Browse All Lake Elsinore City CA Under $200K Properties for Sale

$50,000
IG26066619 MLS Active Status
RARE LOCATION | LAKE VIEWS | DEVELOPMENT OPPORTUNITY | Unlock an exceptional opportunity in the heart of Lake Elsinore with this rare offering of three contiguous parcels (APN: 383062003, 383062004, 383062005), perfectly positioned to capture stunning lake views and endless potential. Zoned R-1, this combined property presents an ideal canvas for builders, developers, or investors looking to create a thoughtfully designed residential project in a rapidly growing area. Perched to take advantage of scenic vistas, the land offers the chance to design homes that embrace the natural beauty of Lake Elsinore, delivering the lifestyle today’s buyers are seeking—peaceful surroundings paired with convenient access to everyday amenities. While no road access currently or utilities at site, utilities and roads are nearby, helping streamline the development process and making this an even more compelling investment. The Plat Map envisions an extension to the existing McGrew Drive with road frontage for all 3 lots. Located just minutes from local schools, parks, shopping centers, and recreational opportunities at the lake, future residents will enjoy both comfort and convenience. With the Lake Elsinore Outlets approximately 7 miles away, dining, retail, and entertainment are always within easy reach. Whether you envision building custom homes, spec properties, or securing land in a high-demand growth corridor, this offering stands out as a truly rare development opportunity. Don’t miss your chance to bring your vision to life in one of Southern California’s most up-and-coming communities.

McGrew Drive, Lake Elsinore

$39,000
26668715 MLS Active Status
Discover the perfect canvas to build your vision in the heart of Lake Elsinore! This prime vacant residential lot on Smith Ave offers an incredible opportunity to create your dream home or invest in one of Southern California's fastest-growing communities. Ideally situated just off Lakeshore Drive, the property combines convenience, accessibility, and scenic surroundings. Enjoy being just minutes from the vibrant Lake Elsinore shoreline, where outdoor recreation, boating, and stunning sunset views are part of everyday life. Nearby shopping centers, dining options, and essential services provide everything you need within close reach, while still allowing you to enjoy the tranquility of a residential setting. With easy access to major roads and commuter routes, this location is perfect for both homeowners and investors looking to capitalize on continued growth in the area. Whether you're planning a custom residence, a future development project, or simply securing land in a high-potential market, this parcel offers versatility and long-term value. Don't miss your chance to own a piece of Lake Elsinore and bring your vision to life in a community that blends natural beauty with everyday convenience. For investors, Lake Elsinore continues to experience strong growth and development, making this parcel a strategic addition to any portfolio. With easy access to major commuter routes and ongoing expansion in the surrounding area, the potential for future appreciation and development is clear.

7 Smith Avenue, Lake Elsinore

$110,000
CV26060587 MLS Active Status
An exceptional opportunity to acquire a rare portfolio of 10 residential parcels in the highly desirable Country Club Heights community of Lake Elsinore. Surrounded by natural beauty and elevated topography, this offering is ideally suited for discerning investors, builders, or developers seeking to capitalize on a growing Southern California market. Encompassing approximately 1.4 acres (±60,000 sq ft) in total, these parcels are positioned within an area experiencing steady appreciation, presenting both immediate development potential and long-term upside. Distinguished Property Features • Prevost Ave - The premier parcel spans approximately 0.45 acres (±19,602 sq ft)—an ideal setting for a signature custom estate, with potential for scenic views and enhanced privacy. • Sunny Slope Ave - Four contiguous parcels ranging from 0.09 to 0.11 acres each, offering a rare opportunity for a cohesive residential enclave or curated development project. • Skyline Dr - Three parcels ranging from 0.08 to 0.18 acres, positioned to capture the area’s natural surroundings and desirable hillside appeal. • Ryan Ave - Two adjacent parcels of approximately 0.10 to 0.11 acres each, ideal for boutique residential development. Investment Highlights: • Strategic portfolio acquisition across multiple streets • Enhanced flexibility—develop as a unified project or individually • Diversified asset positioning for risk mitigation • Located within a rapidly evolving residential corridor • Strong potential for future appreciation and value creation.

Prevost Avenue, 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.

Under $200K Lake Elsinore City Real Estate

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