Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

15900 Grand Ave
Lake Elsinore, CA 92530
Land For Sale · 42.72 AC

Investment Highlights

  • 2 adjacent lots with direct lake access, one historical hotel structure on site.

Executive Summary

Don't miss this one of a kind developer's dream land-
This lakefront Land offers 2 adjacent lots , with direct lake access , and a Historic Building, the previous well known Lake Elsinore Naval and Military School, which is closed and ready for a renovation or a reposition to be a new hospitality establishment ,or a community culture center. The big enough flat lands can be a town center including lake front houses , lake view vacation homes , and a commercial center with shop , dinning, water recreation pier ,a gas station, and so much more possibilities.

This unique 42 + acres lakefront property located at the foot of the beautiful Ortega Mountains ,next to the largest natural freshwater lake in Southern California. It is approximately one hour distance in between Los Angeles and San Diego.
City of Lake Elsinore is famous for the warm thermal winds that blow in from the Ortega Mountains, which turned lake Elsinore into a major center of skydiving ,hang-gliding and other aerial sports. The 3000 acre natural lake in the city center is a popular venue for boating, jet skiing, and unlimited speed water skiing .There are also other entertaining activities including golfing, therapeutic hot springs, gambling, motorsports, and much more that the city of Lake Elsinore has to offer !
You are welcome to dream big here in the city of dream extreme.

Property Facts

Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Community Center
  • Department Store
  • Fast Food
  • Healthcare
  • Health Club
  • Hotel
  • Neighborhood Center
  • Restaurant
  • Single Family Development
Total Lot Size 42.72 AC
No. Stories 2
Zoning CMU - Mix Use - Hotels, retail stores , house and apartment development . community center, gas station, etc

1 Lot Available

Lot 9

Price $12,500,000
Price Per AC $292,603.00
Lot Size 42.72 AC

42.72 ACRES IN LOT 9 BLK C MB 008/377 SD MAP SUBS IN ELSINORE

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 381-050-001
  • 381-050-002
Land Assessment
$7,851,018
Improvements Assessment
$113,781
Total Assessment
$7,964,799
  • Listing ID: 39650381

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 15900 Grand Ave, Lake Elsinore, CA 92530

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}