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16072 Grand AVE Lake Elsinore, CA 92530
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Key Details
Sold Price $988,888
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $329
MLS Listing ID SW23109960
Sold Date 12/18/23
Bedrooms 6
Full Baths 3
Half Baths 1
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1925
Lot Size 1.390 Acres
Property Description
Price Improvement. Waterfront Income property in Lake Elsinore now available. Two homes on one lot! Enjoy 115 ft of waterfront on the widest part of Lake Elsinore. Private beach, tiki hut with power, solar lighting, and views that are breathtaking of the water. Rare to find a lot like this… over 1.39 acres of land that can be subdivided to multiple homesites and APNs. Just as they did to the north. Currently the property has two homes and various storage buildings. First home is an historic 1925 cottage once owned by Bela Lugosi. Inside are 2 bedrooms, utility room and one bath. Charming bones, retro-decor and currently rented bringing in an income. This home is on conventional septic and has lovely fruit trees lining the property. Large yard/courtyard and views. The next home is a Manufactured Home built in 1978 on Permanent Foundation featuring 4 bedrooms and two bath. Separate laundry room. Total square footage for this home is approximately 2040 square feet. Great views of the lake from the covered patio or living room. Between the two homes are gazebo, spa, detached garage/storage building with shop-bathroom, two storage containers, RV hookups, Tiki Hut, Garden beds, beach and more. The highest potential usage of this home would be to add more manufactured homes to the property and rent out the space. Manufactured home is on city sewer, electric and water. Great fishing from the shoreline. Nighttime city lights and cool breezes. Possibilities are endless by adding homes, more manufactured storage or rentals, subdividing for single family residences with separate APNs or simply enjoy this unique property yourself. Close to shopping and freeways. See 3D Tour https://my.matterport.com/show/?m=ggyouXPHRCX&mls=1
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Rooms
Other Rooms Guest House Detached, Guest House, Gazebo, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop
Main Level Bedrooms 6
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Gas Range, Microwave
Laundry Laundry Room
Exterior
Exterior Feature Dock
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link
Pool None
Community Features Biking, Lake, Mountainous
Waterfront Description Lake Front
View Y/N Yes
View Coastline, Lake, Mountain(s), Neighborhood, Water
Roof Type Shingle
Porch Rear Porch, Covered, Patio
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot, Street Level, Yard
Story 1
Entry Level One
Sewer Public Sewer, Septic Type Unknown
Water Public
Architectural Style Bungalow
Level or Stories One
Additional Building Guest House Detached, Guest House, Gazebo, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop
New Construction No
Construction Status Repairs Cosmetic
Schools
School District Lake Elsinore Unified
Others
Senior Community No
Tax ID 381080013
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Shisheng Yu • Harvest Realty Development