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32281 Riverside Drive

Lake Elsinore, CA 92530
  • $1,890,000
  • STATUS: Active
  • ON SITE: 85 Days
  • ID#: 22145281
UPDATED: 36 min ago
$1,890,000
  • 0
    BEDS
  • 4.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Suk Ngan Lee of The Collective Realty (310-569-1335) and Timothy Tobish of The Collective Realty(310-569-1335)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T20:34:13.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/127598690
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32281 Riverside Drive Lake Elsinore, CA 92530

  • Price: $1,890,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 36 min ago
  • ID#: 22145281
0
Beds
0
Baths
0
½ Baths
4.95
Acres
Neighborhood:
245 - Lake Elsinore North
County:
Riverside
Area:
245 - 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

Parking Total 0 View LakeMountain(S) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Buyer Financing Cash Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Senior Community YN No Special Listing Conditions Standard Zoning Rmu



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T20:34:13.41. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
400 E. Main St. #110
Visalia CA, 93291
Listing Agent(s): Suk Ngan Lee of The Collective Realty (310-569-1335) and Timothy Tobish of The Collective Realty(310-569-1335)