Skip To Content

32281 Riverside Dr

Lake Elsinore, CA 92530
  • $1,890,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 22-145281
UPDATED: 60 min ago
$1,890,000
  • 0
    BEDS
  • 4.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Fantastic development and investor opportunity! 4.95 acres for residential/commercial developers. The property is in the Downtown/Northern Part of Lake Elsinore, north of the lake and the Marina Boat Launch. Prime location and a high traffic count, with 395 feet frontage on heavily traveled HWY 74. Located just down the street from Lake Elsinore high school and on HWY 74/Riverside Drive and across the street from Lake Elsinore State Park Recreation Park, with views of the lake. RMU residential mixed use district, which accommodates primarily medium to high density residential mixed-use developments, with limited commercial, institution, office, and service uses compatible with the street environment and adjacent to residential areas. There is an expired tentative map for a formerly planned RiverLake Villas project, consisting of 51 detached condos ranging from approximately 1300 to 1600 SF, However, favorable zone changes would now allow development in excess of 100 multifamily condominium or apartment units, or a mixed-use project with retail facing the street or commercial space below with units above. Don't miss this opportunity in the exciting and growing community of Lake Elsinore!

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-03T12:42:32.993. 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.
www.jelmbergteam.com/homes/127596045
Print Image

32281 Riverside Dr Lake Elsinore, CA 92530

  • Price: $1,890,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 60 min ago
  • MLS #: 22-145281
0
Beds
0
Baths
0
½ Baths
4.95
Acres
Neighborhood:
Lake Elsinore North
County:
Riverside
Area:
Lake Elsinore North
Property Description
Fantastic development and investor opportunity! 4.95 acres for residential/commercial developers. The property is in the Downtown/Northern Part of Lake Elsinore, north of the lake and the Marina Boat Launch. Prime location and a high traffic count, with 395 feet frontage on heavily traveled HWY 74. Located just down the street from Lake Elsinore high school and on HWY 74/Riverside Drive and across the street from Lake Elsinore State Park Recreation Park, with views of the lake. RMU residential mixed use district, which accommodates primarily medium to high density residential mixed-use developments, with limited commercial, institution, office, and service uses compatible with the street environment and adjacent to residential areas. There is an expired tentative map for a formerly planned RiverLake Villas project, consisting of 51 detached condos ranging from approximately 1300 to 1600 SF, However, favorable zone changes would now allow development in excess of 100 multifamily condominium or apartment units, or a mixed-use project with retail facing the street or commercial space below with units above. Don't miss this opportunity in the exciting and growing community of Lake Elsinore!
Exterior Features

Horse YN No Lot Location FlatsCity Lot Size Area 215622 View Description MountainsLake View YN Yes

Property Features

Cable YN No Electric In Street Gas In Street Sale Type Standard Site Description FlatsCity Source Lot Size Area Vendor Enhanced Zoning Rmu

Listing provided courtesy of Suk Ngan Lee DRE#02084411 of The Collective Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-03T12:42:32.993. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-145281-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-145281-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-145281-2.jpg
Logo
The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211