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15712 Grand Ave
Lake Elsinore, CA 92530
Land For Sale
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5.18 AC
Investment Highlights
- Great exposure from traffic traversing Ortega Highway.
- Spectacular location and water views along with water sports.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 5.18 AC |
| Zoning | CMU/R - Commercial Mixed Use/Recreational | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.18 AC |
| Zoning | CMU/R - Commercial Mixed Use/Recreational |
1 Lot Available
Lot 3
| Price | $1,636,039 CAD | Lot Size | 5.18 AC |
| Price Per AC | $315,648.69 CAD |
| Price | $1,636,039 CAD |
| Price Per AC | $315,648.69 CAD |
| Lot Size | 5.18 AC |
GREAT OPPORTUNITY TO OWN 5+ ACRES OF LAKE FRONT PROPERTY IN LAKE ELSINORE!!!! Prime investment opportunity on the Lake situated at the bottom of Ortega Highway providing quick access to the Coast, Orange County as well as San Diego.
Description
Prime investment opportunity on the Lake. Two proposed uses. 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. Prior approval for a live/work townhome community that provides a spectacular recreation lifestyle right on the shores of Lake Elsinore. Made up of 11,983 sf of three story Live/Work Units (6); 42,604 sf of two & three story town home units (25), and a 1,206 sf Recreation Building with pool area. All of the homes have wonderful views of the lake and the surrounding mountains.
Property Taxes
| Parcel Number | 381-030-005 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,629,564 CAD | Total Assessment | $1,629,564 CAD |
Property Taxes
