$1,975,000
$2,500,000
21.0%For more information regarding the value of a property, please contact us for a free consultation.
15.1 Acres Lot
SOLD DATE : 10/17/2024
Key Details
Sold Price $1,975,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24041960
Sold Date 10/17/24
HOA Y/N No
Lot Size 15.100 Acres
Acres 15.1
Property Description
Nestled on approximately 15.42 acres along Mission Trail Avenue in Lake Elsinore, CA, this property comprises twelve separate parcels in the East Lake Specific Plan (ELSP). With 340 feet of prime frontage and a mixed-use overlay, the ELSP land use plan (see attached supplement) allows for a broad mix of sports, recreational, commercial, hotel, open space, residential, and accessory industrial uses. Permitted uses in these categories are purposely broad to allow for a range of complementary uses making it ideal for investors and developers. Amidst rapid urban growth and with easy access to downtown amenities, schools, and scenic attractions, it offers diverse opportunities for savvy investors. All interested buyers are advised to perform their own due diligence and investigations.
Nestled on approximately 15.42 acres along Mission Trail Avenue in Lake Elsinore, CA, this property comprises twelve separate parcels in the East Lake Specific Plan (ELSP). With 340 feet of prime frontage and a mixed-use overlay, the ELSP land use plan (see attached supplement) allows for a broad mix of sports, recreational, commercial, hotel, open space, residential, and accessory industrial uses. Permitted uses in these categories are purposely broad to allow for a range of complementary uses making it ideal for investors and developers. Amidst rapid urban growth and with easy access to downtown amenities, schools, and scenic attractions, it offers diverse opportunities for savvy investors. All interested buyers are advised to perform their own due diligence and investigations.
Location
State CA
County Riverside
Area Riv Cty-Wildomar (92595)
Exterior
Community Features Horse Trails
Complex Features Horse Trails
Building
Lot Description National Forest
Others
Monthly Total Fees $42
Acceptable Financing Cash
Listing Terms Cash
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Bought with ERIC WASHLE • COLDWELL BANKER COMMERCIAL SC