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Map
$945,000 - $1,155,000
●
House -
Off Market
16072 Grand Avenue
Lake Elsinore, CA 92530
6 Beds
3.5 Baths,
1
Half Bath
3000 Sqft
About This Property
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
The manager has listed the unit size as 3000 square feet.
The manager has listed the unit size as 3000 square feet.
Unit Size
3,000Ft²
Days on Market
-
Land Size
1.39 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 20, 2023 | No longer available | - | |
No longer available | |||
Dec 18, 2023 | Sold | $989,000 | |
Sold | |||
Oct 20, 2023 | In contract | - | |
In contract | |||
Sep 15, 2023 | Price Decreased |
$1,050,000
↓ $100K
(8.7%)
|
|
Price Decreased | |||
Jun 22, 2023 | Listed | $1,150,000 | |
Listed |
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Property Highlights
Air Conditioning