Property listed by Century 21 Masters, Leticia Vega, 951-244-2353.
$2,400,000
HISTORIC LAKE VIEW PROPERTY | 2 PARCELS | 5 BEDROOMS | SEPARATE 1,300± SF STRUCTURE | MIXED-USE ZONING
Rare opportunity to own a historic Lake Elsinore property with stunning, unobstructed lake views and exceptional potential. The main residence offers 5 bedrooms and 2 bathrooms, featuring 3 bedrooms downstairs and 2… Read More bedrooms upstairs. The spacious interior includes two separate living areas, original cedar beam ceilings, crown molding, original cedar wood floors, a charming parlor, built-in china cabinet, and 3 fireplaces with original granite stone. All rooms have potential of being converted to commercial office area, restaurant, retail shops etc etc THE POSSIBILITIES ARE ENDLESS. Central A/C and heat and updated copper plumbing add modern convenience while preserving the home's historic character. The primary suite features panoramic lake views and a private balcony.
The property also includes a separate structure with its own address at 125 Library St. The structure has a separate electric meter, new electrical box and electrical installation, and shares a water meter with the main house. Seller states the structure is grandfathered as a second unit. This structure is unfinished and can be converted to Residential or Commercial use.
Both parcels are included or can be sold separately.
The property is located within a mixed-use zoning designation, offering potential for a variety of residential and commercial uses, subject to city approval and applicable zoning regulations. Potential uses to investigate may include residential, office, retail, coffee shop, restaurant, boutique, hotel, church, spa, and other mixed-use concepts.
Conveniently located in the Historic heart of Lake Elsinore, within walking distance to the lake and minutes from the 15 Freeway. NO HOA and low taxes. A unique opportunity for an owner-user, investor, or buyer seeking a property with historic character, lake views, multiple structures, and future potential. Read Less
Listing Snapshot
Days Online
35
Last Updated
Property Type
SingleFamilyResidence
Beds
7
Full Baths
3
Square Ft.
3,823
Lot Size
0.17 Acres
Year Built
1942
MLS Number
IG26203297
Additional Details
Building
Built in 1942, Living area: 3823.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: lower level
Community
Fishing, Lake
Cooling
CentralAir
Fireplaces
Den, FamilyRoom, LivingRoom
Garage
2 spaces
Heating
Central
Home Owner's Association
Association Fee: $0
Interior Features
Balcony, UtilityRoom
Laundry
LaundryRoom
Lot
0.17 acres, ZeroToOneUnitAcre
Parking
2 total parking spaces
Pool
None
Property
ParkGreenbelt, Lake, Mountains
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 374272014, Tax Block: 3, Lot: 1, Zoning: Multi use
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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