18975 Palomar Street
Lake Elsinore, CA 92530

$1,500,000

Description

Fantastic development opportunity in Lake Elsinore's East Lake Specific Plan. Planning Area 3 of the East Lake Specific plan provides a mixed use overlay specifically for the subject property. It allows a residential density of up to 6 units per acre {up to 72 units on this site). Commercial uses are also permitted. Utilities are in Stoneman St. and Rome Hill Rd. Exceptional views. Convenient access to Grand Ave.

Details

MLS#SW18232531
Sub-TypeResale
StatusActive
Days On Site45

Features

ZoningEast Lake Specific Plan
Acreage12.02
Property ViewYes

Market Activity 92530

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Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
Area241 - Lake Elsinore West
Listing VS Median (in 92530)
Price:
$1,500,000
low | high
Med:
$295,000
100% of Average
On Site:
45
low | high
Med:
40
100% of Average
Listing Updated: 02/18/2019
MLS Number: SW18232531
Listing Provided By:
Philip McElhinney  of  Rancon Real Estate
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