MLS® ID: OC19010874
16242 Grand Avenue
Lake Elsinore, California, 92530 $599,000
WATERFRONT PROPERTY WITH APPROXIMATELY 200 FEET OF PRIVATE SECLUDED BEACH. Don't miss this rare opportunity to buy almost 3 Acres of land on the lake (the land always holds the most value in a property). Located in unincorporated Lake Elsinore and zoned R-3/W-1 this property has a lot of potential for development or a private getaway. Waterfront year round allows you to launch from your own private beach or simply relax and enjoy the view. Included in the sale is interest in an additional parcel that contains a well with the potential to pump approximately 55 gpm. Easy access to the Ortega Hwy, which cuts through the Santa Ana Mountain range and into San Juan Capistrano or the 15 freeway and into the Temecula Valley. This property sits directly across the street from the new senior 55+ community & recreation center. Lake Elsinore is the largest fresh water lake in Southern California. While this property could be rehabbed it won't qualify for conventional lending due to age and condition. Looking for CASH Buyers or Private Investors.