15712 Grand Lake, Unit 2

Lake Elsinore, CA 92530

$1,569,000
Price
/
Lot Size / Acres

Description

Huge price improvement! Prime investment opportunity on the Lake. Seller has plans for retail at the front of Grand Ave. Perhaps a coffee/smoothie convenience store. A motel in the middle and a restaurant near the lake with a boat launch and beachfront to take advantage of the area. The City owned boat landing on the North side of the lake has been a huge success. Leverage that success the City has enjoyed by adding another great location for boaters to get together for dining and beach activities....Huge price improvement! Prime investment opportunity on the Lake. Seller has plans for retail at the front of Grand Ave. Perhaps a coffee/smoothie convenience store. A motel in the middle and a restaurant near the lake with a boat launch and beachfront to take advantage of the area. The City owned boat landing on the North side of the lake has been a huge success. Leverage that success the City has enjoyed by adding another great location for boaters to get together for dining and beach activities. Seller had partial entitlements for Wakerider project from City of Lake Elsinore. Could possibly be updated. Please see Documents. Previous owner had plans to build 31 townhomes with some Live/Work units.
  1. Listed by Jeff Erwin • DRE #01384248 • Brokerage DRE #01384248 • Erwin Realty
  2. Listed by Kai Erwin • DRE #02177881 • Brokerage DRE #01384248 • Erwin Realty

Property Details for 15712 Grand Lake, Unit 2

Neighborhood
Lake Elsinore
Community
OUT OF AREA
City Postal ID
RIV CTY-LAKE ELSINORE (92530)
Cross Street(s)
Serena Way

Location

Listing Courtesy of Erwin Realty, Jeff Erwin, DRE #01384248; Erwin Realty, Kai Erwin, DRE #02177881
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LISTING UPDATED: 03/25/2024 02:10 PM

Property Details for 15712 Grand Lake, Unit 2

StatusActive
MLS #230006024
Days on Market391
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size-
CountyRiverside County

Location

Listing Courtesy of Erwin Realty, Jeff Erwin, DRE #01384248; Erwin Realty, Kai Erwin, DRE #02177881
Add your commute

Payment Calculator

$8,563 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,563

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15712 Grand Lake, Unit 2

Summary Information
Property and Location
  • System ID: 230006024
  • Class: LOT/LAND
  • Street Number Numeric: 15712
  • Street Name: Grand
  • Age Restrictions: N/K
  • Directions To Property: Grand Ave. between Serena Way and Macy St.
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: Please see Documents. Previous owner had plans to build 31 townhomes with some Live/Work units.
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 4+ to 10 AC
  • Lot Size Source: Assessor Record
  • Frontage: Lake/River
  • Additional Property Use: Res/Business Use OK
  • Topography: Slope Gentle
  • Assessors Parcel Num: 381-030-005
Utilities
  • Utilities Available: Electric, Natural Gas
  • Utilities to Site: Electric, Gas
  • Water: Available
  • Water District: OUT OF AREA
  • Irrigation: N/K

Property History for 15712 Grand Lake, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 15712 Grand Lake, Unit 2

This home is within Lake Elsinore Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lakeland Village School
PublicK to 8

Canyon Lake Middle School
Public6 to 8

Lakeside High School
Public9 to 12

Ortega High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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15712 Grand Lake, Unit 2 is a nullac of land for sale in Lake Elsinore, CA 92530. This property was listed for sale on April 1, 2023 by Erwin Realty, it's currently listed at $1,569,000. This listing's school district is Lake Elsinore Unified School District. Nearby schools include Lakeland Village School, Canyon Lake Middle School and Lakeside High School. 15712 Grand Lake, Unit 2 is a 0-bed, 0-bath, nullac of land.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Erwin Realty, Jeff Erwin, DRE #01384248; Erwin Realty, Kai Erwin, DRE #02177881

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.