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Listed by Misty Cochren • Abundance Real Estate
$ 700,000
Est. payment | /mo
2 Beds
1 Bath
1,421 SqFt
$ 700,000
Est. payment | /mo
2 Beds
1 Bath
1,421 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,421 sqft
Price per Sqft $492
MLS Listing ID SW-25155368
Bedrooms 2
Full Baths 1
Year Built 1924
Lot Size 0.790 Acres
Property Sub-Type Single Family Residence
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.
Location
State CA
County Riverside
Zoning R1
Interior
Heating Central
Cooling None
Fireplaces Type Living Room
Laundry None
Exterior
Garage Spaces 2.0
Pool None
Community Features Hiking, Lake, Mountainous
View Y/N Yes
View City Lights, Lake, Mountain(s)
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer