250 E Prospect Street, Lake Elsinore, CA 92530

$700,000
2
BD
1
BA
1,421
SqFt
List Price
$700,000
Status
ACTIVE
MLS#
SW25155368
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,421
Lot Size(apprx.)
34,412
Property Type
Single Family Residential
Year Built
1924

Property Description

Investor’s Dream with Unmatched Lake Views and Development Potential! Welcome to 250 E Prospect — a 2-bedroom, 1-bath home just a short walk from the heart of historic downtown Lake Elsinore. Perched on a hilltop with panoramic views of the lake and city, this property is truly a rare find. What makes this opportunity exceptional? It includes four additional parcels, totaling nearly 4 acres of land, all included in the price! Whether you're looking to build, expand, or create income-producing opportunities, the possibilities are endless. With its prime location, breathtaking scenery, and development potential, this is the kind of investment that doesn’t come around often. Whether you’re dreaming of a hillside retreat, vacation rentals, or a multi-unit venture—this one checks all the boxes.

Additional Information

View
City Lights, Lake, Mountain(s)
Stories
One Level
Laundry Location
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Misty Cochren (misty@cochrenrealty.com) from Listing Office: Abundance Real Estate.

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.