1510 Mountain St Lake Elsinore, CA 92530
- Land
- 0.96 lot acres
Current Use by Public Records
- Land
Property Details for 1510 Mountain St
- Lot size
- 0.96 lot acres
- Property type
- Land
Description
Exceptional residential development opportunity in Lake Elsinore, CA, awaits. This 0.96-acre parcel, located at 1510 Mountain Street (APN 389-030-006), is zoned R1 and offers approved plans for the construction of four homes. Situated in a desirable residential area with existing homes valued at $600,000+, this property presents a unique chance to capitalize on the burgeoning market. Utilities are conveniently located nearby on Mountain Street. Enjoy easy access to major transportation arteries, with the I-15 Freeway less than 5 minutes away and Ortega Highway 74 (providing access to Orange County) under 7 minutes. Further enhancing the area's appeal is a planned commercial development, currently undergoing final entitlement, on approximately 6 acres to the south. This project will include a 32,000 square foot retail center featuring a fuel station, in-line retail buildings, a quick-serve restaurant, and a drive-thru restaurant. The asking price for this exceptional property is $448,000. Don't miss this chance to build your dream home or develop multiple homes in a rapidly growing community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Elsinore
- County
- Riverside
- State
- California
- Longitude
- -117.393
- Latitude
- 33.6988