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$1,569,000
Est. payment /mo
UPDATED:
12/05/2024 12:46 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Out Of Area
MLS Listing ID 230006024SD
HOA Y/N No
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Natural Gas Available
View Y/N No
Others
Senior Community No
Tax ID 381030005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jeff Erwin • Erwin Realty