28067 Highway 74 Lake Elsinore, CA ^$ 2,490,000

28067 Highway 74

^$ 2,490,000

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28067 Highway 74

Lake Elsinore, CA, 92532

^$ 2,490,000

Bedrooms3 Baths2.1 Sq 3,964

Monthly Estimate*

^$ 16,549

Listed by Michael Duffy, Broker

28067 Highway 74, Lake Elsinore, CA 92532 - Image 1

28067 Highway 74, Lake Elsinore, CA 92532 - Image 2

28067 Highway 74, Lake Elsinore, CA 92532 - Image 3

28067 Highway 74, Lake Elsinore, CA 92532 - Image 4

28067 Highway 74, Lake Elsinore, CA 92532 - Image 5

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Single Family Home for sale in Lake Elsinore, CA

for $2,490,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,964 square foot home was built in 1981 on a lot size of 2.32.

Amazing opportunity in the path of growth on Highway 74 in Lake Elsinore. According to the City of Lake Elsinore's Planning Department, upon sale the property will convert to C-2 Zoning. Currently, a 3,964 square foot, single-story home sits on the back section of the property. The front section of the property is just under 2 acres and has 243 feet of frontage on Highway 74. If you have driven up Central onto Highway 74, it is clear to see that the path of growth is headed northeast...right towards this incredible opportunity. There are many existing commercial uses for the existing structure, including but not limited to: a child daycare facility, an adult daycare location, an educational facility or executive suites. If you are looking for property that is in the path of growth and is located in Lake Elsinore this could be the investment property you have been looking for.

Single Family Active

Price

^$ 2,490,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 0

Style

SingleFamilyResidence

Lot Size

2.32

Year Built

1981

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

SW23220009

Days on Market

191

Features

General

Interior Features BedroomonMainLevel EntranceFoyer MainLevelPrimary

Sewer SepticTypeUnknown

Heating Central

Cooling CentralAir

Utilities Propane

Zoning C2

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1981

Electric Standard

View Mountains Neighborhood Panoramic

Stories 1

Levels One

Property SubType SingleFamilyResidence

Community Features Foothills Hiking HorseTrails Mountainous NearNationalForest PreservePublicLand

County Riverside

New Construction N

Property Type Residential

HOA / Comm Assn N

Attached Garage Y

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Exit I-15 Freeway at Central Avenue head East for 2 miles. Turn left at Crumpton.

City Lake Elsinore

Entry Location 1

View Y/N Y

Senior Community Y/N N

High School District Lake Elsinore Unified

NumberOfUnitsTotal 1

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Acres

Lot Size Square Feet 101059.2

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Highway 74

Listing Terms Submit

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.youtube.com/watch?v=WXJMVmdnVYc

Days on Market 92

Structure Type House

Living Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Tax Lot 4

Property Sub Type Additional SingleFamilyResidence

Exterior

Lot Features Item25UnitsAcre IrregularLot LotOver40000Sqft SlopedUp

Water Source Public

Total Parking 2.0

Lot Size Area 2.32

Spa N

Lot Size Acres 2.32

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Horse Amenities RidingTrail

Irrigation Water Rights Y/N N

Interior

Fireplace Features FamilyRoom

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Full Baths 2

Half Baths 1

Laundry Features Inside

Total Bedrooms 3

Entry Level 1

Electric On Property Y/N N

Main Level Bedrooms 3

Main Level Bathrooms 3

Total Baths 3

Internal Only

Street Number 1 28067

* Excluded Features

List By

Michael Duffy, Broker

Broker

(951) 970-7251

Phone

Affordability Calculator

$16,549

Per Month

Monthly Principal & Interest: $16,549
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Lake Elsinore, CA

Average List Price ^$629,997

Percent of Sale Price 75%

About Lake Elsinore, CA

67,316 Population

100% Since 2002

^$63,800 Median Income

32.98 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

272873 Elementary School

270864 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2023	$2,490,000		Listed Price

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28067 Highway 74, Lake Elsinore, CA, 92532 is a Single Family Home for sale at $2,490,000 with 3,964 sqft and a lot size of 2.32. 28067 Highway 74 has 3 bedrooms, 2.1 baths, and was built in 1981. The property's zip code is 92532 which is in Lake Elsinore, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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28067 Highway 74

Single Family Home for sale in Lake Elsinore, CA

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