$999,000
5.09 acres
33.6533 -117.366

16242 Grand Avenue Lake Elsinore, CA 92530

$999,000
Est. Monthly $5,080 recalculate
5.09 acres
 

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16242 Grand Avenue
Lake Elsinore, CA 92530

Explore This Property

Other Residential - Perfect for a custom lake home, multi-family units, senior living, & more! This is one of the last remaining large pieces of land on Lake Elsinore. Located in unincorporated Lake Elsinore and zoned R-3/W-1 this property has a lot of potential for development or a private getaway. The land features two connected parcels with two separate APN's consisting of approximately 360 ft of Lake Front Property on over 5 acres. Waterfront year round allows you to launch from your own private beach or simply relax and enjoy the view. Included in the sale is 1/3 interest in an additional third parcel that contains a well with potential to pump approximately 55 gpm. Easy access to the Ortega Hwy, which cuts through the Santa Ana Mountain range and into San Juan Capistrano or the 15 freeway and into the Temecula Valley. This property sits directly across the street from the new senior 55+ community & recreation center. Lake Elsinore is the largest fresh water lake in Southern California. Construction financing is available. Call Bruce Wolter at 714-717-4663 or Ron Holman at 909-731-9103 to view this spectacular property.
MLS # OC17057601
Courtesy Of Agent 1 Real Estate, Inc.

Property Features

  • Amenities: Water Front
  • Architecture Style: Other
  • Lot Size: 5.09 Acres
  • Roof Type: Unknown
  • View Type: Lake, Mountain

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $5,080Your estimated monthly payment
    $199,80020% Down Payment
    $999,000 $899,100
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    LAKELAND VILLAGE SCHOOL
    Grades K-8 | Public School

    LAKE ELSINORE, CA 92530
    18730 GRAND AVE
    951-253-7400
    3.0
    miles

    Total Students 950
    Student Teacher Ratio 19:1

    School Rating

    1 star View School Details
    Middle School
    CANYON LAKE MIDDLE SCHOOL
    Grades 6-8 | Public School

    LAKE ELSINORE, CA 92532
    33005 CANYON HILLS RD
    951-244-2123
    7.3
    miles

    Total Students 1220
    Student Teacher Ratio 24:1

    School Rating

    3 stars View School Details
    High School
    LAKESIDE HIGH SCHOOL
    Grades 9-12 | Public School

    LAKE ELSINORE, CA 92530
    32593 RIVERSIDE DR
    951-253-7300
    1.4
    miles

    Total Students 1764
    Student Teacher Ratio 23:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Elsinore Middle School 1.9 mi Public 6-8
    Machado Elementary School 2.1 mi Public K-5
    Cottonwood Canyon Elementary School 2.2 mi Public PRESCHOOL-5
    Elsinore Elementary School 2.4 mi Public K-5
    Valley Adult 2.5 mi Public UNGRADE-UNGRADE
    Keith Mccarthy Academy 2.5 mi Public 9-12
    Ortega High School 2.5 mi Public 9-12
    Withrow Elementary School 2.5 mi Public PRESCHOOL-5
    Preschool 2.7 mi Public PRESCHOOL-PRESCHOOL
    Railroad Canyon Elementary School 3.3 mi Public K-5
    Terra Cotta Middle School 3.6 mi Public 6-8
    Rice Canyon Elementary School 3.6 mi Public PRESCHOOL-5
    Temescal Canyon High School 3.6 mi Public 9-12
    River View Christian Academy 4.2 mi Private 6-12
    Earl Warren Elementary School 4.2 mi Public K-5
    William Collier Elementary School 4.5 mi Public K-5
    Tuscany Hills Elementary School 5.0 mi Public K-5
    Faith Baptist Academy 5.0 mi Private K-12

    Local Area Information for Lake Elsinore, CA 92530

    Median Age: 32.2
    Married: 36.7%
    Number of Households: 16,032
    Households with Children: 7,138
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.