17210 Grand Avenue

Lake Elsinore, CA 92530

$2,499,000
Price
9
Beds
6
Baths
9,000 Sq. Ft.
$278 / Sq. Ft.
9,000
Sq. Ft.
$278
per Sq. Ft.

Description

Welcome to the "Lakeside Mansion". This STUNNING Mediterranean Villa has year-round bookings w/ $350K+/yr of actual income! Its situated on an incredible 1.5 acre waterfront multifamily lot. This beautiful home boasts 9000 sqft of living space w/ 9BR & 9BA and features 4 two-car garages to accommodate up to 8 vehicles. This WATERFRONT OASIS has its own gated, private, sandy, water front beach with private launch ramp. Its centrally located directly in the middle of the "Opportunity-Zone Triangle"...Welcome to the "Lakeside Mansion". This STUNNING Mediterranean Villa has year-round bookings w/ $350K+/yr of actual income! Its situated on an incredible 1.5 acre waterfront multifamily lot. This beautiful home boasts 9000 sqft of living space w/ 9BR & 9BA and features 4 two-car garages to accommodate up to 8 vehicles. This WATERFRONT OASIS has its own gated, private, sandy, water front beach with private launch ramp. Its centrally located directly in the middle of the "Opportunity-Zone Triangle" with 20M people between LA, Orange County, San Diego & Big Bear Mountain. This home can sleep up to 50 people and accommodate events up to 100 people! This area is known for year-round recreation due to the near perfect weather all year-round. Only minutes away from over 100 beautiful wineries, motorsports activities & great antique shopping in Old Town Murrieta and Temecula! This home is perfect for entertaining large groups! The massive kitchen features a 22' island w/ 2 sinks, and a large walk-in pantry. Should the new owner choose to host weddings; the bridal suite is located upstairs on its own wing with an impressive bathroom with a steam shower, jetted tub and walk in closet. The master also offers its own private covered patio to take in the exceptional views of the lake and mountains. Relax and have fun in the large game room that includes a ping pong table, pool table, fridge w/ wet bar, a piano and more. The large laundry room has an extra large washer and dryer to tackle all of your laundry needs. The spacious open family room has 30 ft ceilings and plenty of room for entertaining large parties. The outdoor deck and balconies all have water views and boast a fire pit, large outdoor dining table & lounge chairs & outdoor TV's. There is a small gym so you can keep up on your workouts even on a rainy day! There's a beautiful garden out front & the back has a fenced lawn overlooking the sprawling sandy beach with a volleyball net & tetherball. Launch your watercraft right from your very own private boat launch. Take out the boat, jet skiis, kayaks or just chill on the shores on a tube; ENDLESS fun for everyone at this lake-house. There is an outdoor gas BBQ w/plenty of seating for lounging and dining. The separate private guest house w/ separate address has its own private entrance and is perfect for your VIP guests like the bride & groom on their wedding night, mother inlaw quarters, live-in nanny or house / grounds keeping staff. All furniture negotiable
  1. Listed by Ryan Steinbuch • DRE #01709514 • Brokerage DRE #01954951 • Living Nicely Real Estate • 951-212-1162

Property Details for 17210 Grand Avenue

Architectural Style
Mediterranean
View
Lake, Panoramic, Water, White Water
Parking Spaces Total
43
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
9000

Location

Listing Courtesy of Living Nicely Real Estate, Ryan Steinbuch, DRE #01709514
Add your commute
LISTING UPDATED: 04/26/2024 09:21 AM

Property Details for 17210 Grand Avenue

StatusPending
MLS #SW23122104
Days on Market245
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size1.46 AC / 63,598 SF
CountyRiverside County

Location

Listing Courtesy of Living Nicely Real Estate, Ryan Steinbuch, DRE #01709514
Add your commute

Building Information for 17210 Grand Avenue

Stories2Residences-Year Built1994Building Size-Lot Size1.46 AC / 63,598 SF

Payment Calculator

$15,435 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,638

Property Taxes

$1,797

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17210 Grand Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $350,000
  • Gross Scheduled Income: $350,000
  • Net Operating Income: $175,000
  • Other Income Description: Short term rental and weddings
  • Current Financing: None
Expense Details
  • Operating Expense: $175,000
  • Fuel Expense: $1,200
  • Electric Expense: $10,000
  • Insurance Expense: $12,000
  • Trash Expense: $2,400
  • Water Sewer Expense: $4,800
  • Total Expenses: $30,400
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 046...
  • Tax Census Tract: 464.02
  • CFD/Mello-Roos Fee: $18
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Curbs, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Park, Hunting, Watersports, Mountainous, Preserve/Public Land
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: Front
  • View Description: Lake, Panoramic, Water, White Water
  • Waterfront Features: Beach Front, Fishing in Community, Lake, Lake Front, Lake Privileges, Waterfront With Home Across Road
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Boat, Deck(s), Direct Entrance, Garage - 2 Car, Gated, Oversized, Parking for Guests, Parking Space, Private, RV Access, RV Gated, RV Hook-Ups, RV Possible
  • Uncovered Spaces: 35
  • Open Other Spaces Total: 35
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Boat, Covered, Deck, Direct Garage Access, Paved, Driveway Level, Garage Faces Front, Garage - Two Door, Gated, Guest, Off Street, On Site, Oversized, Parking Space, Private, RV Access/Parking, RV Gated, RV Hook-Ups, RV Potential
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 8
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $250,000
  • Unit Type Total Rent: $250,000
  • Unit Type Pro Forma: 250000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $21,600
  • Unit Type Total Rent: $21,600
  • Unit Type Pro Forma: 21600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 4
  • Number With Disposal: 3
  • Number With Drapes: 4
  • Number With Patio: 4

Property History for 17210 Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 17210 Grand Avenue

Taxable ValueLand$697,068Additions$1,383,732Total$2,080,800
Tax Record2023$21,569 ($1,797 / month)
Home Facts
Baths4.5Total Finished SqFt6,074 SqFtAbove Grade Finished SqFt6,074 SqFtStories2Lot Size63,597 SqFtStyleMulti-Family Dwelling (2-4)Year Built1994Year Renovated1995CountyRIVERSIDEAPN381-130-015Fireplace TypeHas Fireplace

Schools near 17210 Grand Avenue

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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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Living Nicely Real Estate, Ryan Steinbuch, DRE #01709514

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.