15712 Grand
Lake Elsinore, CA 92530
$280,000.00 (-15.14%)
Active for $1,569,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
MLS | 230006024SD |
Year Built | |
Property Type | |
County | Riverside |
Status | Active |
Active | $1,569,000 |
Structure Size | N/A sqft |
Lot Size | N/A sqft |
Beds | N/A |
Baths |
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 courtesy of: Jeff Erwin, Erwin Realty 760-975-4900. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 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.