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    18975 Palomar Street

    Lake Elsinore, CA 92530
    • $895,000
    • STATUS: Active
    • ON SITE: 317 days
    • ID#: SW19282171
    UPDATED: 60 min ago
    $895,000
    • 0
      BEDS
    • 12.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Development Opportunity! 12 Lakeview acres on Rome Hill Rd and Palomar St in the Eastlake Specific Plan (+G+ELSP+G-) in Planning Area 3 (+G+PA3+G-). Currently zoned Medium Density Residential within the ELSP in PA3 with a Mixed Use Overlay; the 3 lot assemblage w/in the ELSP in PA3 with a Mixed Use Overlay allows for residential development up to 18 du/acre and multiple varied commercial uses. Best view property left in Lake Elsinore. Rapidly growing location. Close to utilities, new nearby schools, churches, shopping, public transportation, and housing developments. 3 contiguous parcels situated off Grand Avenue.A 3 lot assemblage, APN's: 371-110-023, 371-110-024, and 371-110-006 is available. Amazing Lake and Mountain Views due to elevation, perfect for Lakeview development. Minutes from Ortega Highway(Cleveland Forest) leading to Orange County and the I-15 for easy access to Riverside, Orange, San Bernardino, & San Diego Counties. Rapidly growing area demands additional housing, due to, not only the expansion of Lake Elsinore, but also all of the surrounding areas. Lake Elsinore master plan is in place & moving forward. Main Street is progressing quickly with new hardscape/ landscaping. Plans for a pier in the existing Marina with Ferris Wheel & other attractions, in addition to new commercial projects, are bringing home buyers to the area. The limited existing & new housing demands for additional development. Lake Elsinore is renown for its recreational activities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T23:29:22.55. 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 deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/101765763
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    18975 Palomar Street Lake Elsinore, CA 92530

    • Price: $895,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: SW19282171
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.02
    Acres
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property Description
    Development Opportunity! 12 Lakeview acres on Rome Hill Rd and Palomar St in the Eastlake Specific Plan (+G+ELSP+G-) in Planning Area 3 (+G+PA3+G-). Currently zoned Medium Density Residential within the ELSP in PA3 with a Mixed Use Overlay; the 3 lot assemblage w/in the ELSP in PA3 with a Mixed Use Overlay allows for residential development up to 18 du/acre and multiple varied commercial uses. Best view property left in Lake Elsinore. Rapidly growing location. Close to utilities, new nearby schools, churches, shopping, public transportation, and housing developments. 3 contiguous parcels situated off Grand Avenue.A 3 lot assemblage, APN's: 371-110-023, 371-110-024, and 371-110-006 is available. Amazing Lake and Mountain Views due to elevation, perfect for Lakeview development. Minutes from Ortega Highway(Cleveland Forest) leading to Orange County and the I-15 for easy access to Riverside, Orange, San Bernardino, & San Diego Counties. Rapidly growing area demands additional housing, due to, not only the expansion of Lake Elsinore, but also all of the surrounding areas. Lake Elsinore master plan is in place & moving forward. Main Street is progressing quickly with new hardscape/ landscaping. Plans for a pier in the existing Marina with Ferris Wheel & other attractions, in addition to new commercial projects, are bringing home buyers to the area. The limited existing & new housing demands for additional development. Lake Elsinore is renown for its recreational activities.
    Exterior Features

    Lot Features 6-10 Units/Acre11-15 Units/Acre16-20 Units/AcreGentle SlopingLot Over 40000 SqftRectangular LotValue In Land Lot Size Source Assessor Lot Size Units Acres Road Frontage Type County RoadPrivate Road Road Surface Type PavedUnpaved View LakeMountain(S)NeighborhoodPanoramicValley View YN Yes

    Property Features

    Additional Parcels Description 371110024371110006 Additional Parcels YN Yes Association Fee 0.00 Association YN No Community Features Suburban Country Us Distance To Water Comments Street Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source PrivatePublic Zoning East Lake Specific Plan

    Listing provided courtesy of Jeremie Tavisola of Realty One Group West


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T23:29:22.55. 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 deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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