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-Type | Resale |
| Status | Active |
| Days On Site | 45 |
Features
| Zoning | East Lake Specific Plan |
|---|---|
| Acreage | 12.02 |
| Property View | Yes |
Market Activity 92530
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Jan 2019 | Sales: 133 | Avg $ Per SqFt: $162.68 | Min Sale Price: $1,400 | Max Sale Price: $1,500,000 | Med Sale Price: $292,000 |
| Jan 2019 | |
|---|---|
| Sales: | 133 |
| Avg $ Per SqFt: | $162.68 |
| Min Sale Price: | $1,400 |
| Max Sale Price: | $1,500,000 |
| Med Sale Price: | $292,000 |
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Area Information | |
|---|---|
| State | CA |
| County | Riverside |
| City | Lake Elsinore |
| Zip Code | 92530 |
| Area | 241 - 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: SW18232531Listing Provided By:
Philip McElhinney of Rancon Real Estate
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