15712 Grand

Lake Elsinore, CA 92530

PRICE REDUCED

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-$280,000 (-15.14%)

$1,569,000

List Price

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Property Description

HUGE PRICE IMPROVEMENT!! Prime investment opportunity on the Lake. Seller has plans for retail at the front of Grand Ave. Perhaps a coffee/smoothie convenience store. A motel in the middle and a restaurant near the lake with a boat launch and beachfront to take advantage of the area. The City owned boat landing on the North side of the lake has been a huge success. Leverage that success the City has enjoyed by adding another great location for boaters to get together for dining and beach activities. Seller had partial entitlements for Wakerider project from City of Lake Elsinore. Could possibly be updated. Please see Documents. Previous owner had plans to build 31 townhomes with some Live/Work units.

Listing Information

List Price $1,569,000
Status Active
MLS 230006024SD
HOA $0
Type Land
Lot Size N/A
Structure Size N/A
DOM 613
Courtesy Of Erwin Realty
Listing Agent Jeff Erwin DRE#01384248
Co-Listing Agent Kai Erwin DRE#02177881

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Jeff Erwin, Kai Erwin, Erwin Realty 760-975-4900. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 12:46 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.