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Lake Elsinore Acres
Lake Elsinore, CA 92532
Land For Sale
·
4.92 AC
Investment Highlights
- Developing Lake Elsinore Location
- 214,306 Total SF
- Strong Option for Modular Construction to Streamline Build & Reduce Costs
- Sixteen (16) Concurrent Parcels – Recently Split
- Very Low Price Per SF - Only $3.50 Per SF
- Just Northeast of a New Construction Single-Family Community by KB Homes
Executive Summary
The Boyett Team at CBRE is proud to present a development portfolio of sixteen (16) concurrent lots in Lake Elsinore, California. The subject properties are located in a developing neighborhood known as Warm Springs, east of Lindell Road and north of El Toro Road. Originally on contiguous parcel, the owner recently split the lot into sixteen (16) mid-sized parcels zoned for single family development. There is a great option to utilize modular construction to streamline the process and reduce costs, or to build standard SFRs with an option for ADUs. The lots are just northeast of a large new construction community by KB Homes, and demonstrates the strength of the market. Major retail and restaurant amenities are located just south of the subject property at the Outlets. Situated in a developing Lake Elsinore location, this offering presents a great opportunity for any developer to build a modular or single-family community across sixteen (16) lots at a very low price per square foot.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Development |
| Property Type | Land | Total Lot Size | 4.92 AC |
| Zoning | R-A-20000 - Intended for low-density residential development combined with agricultural uses such as farming or animal keeping. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 4.92 AC |
| Zoning | R-A-20000 - Intended for low-density residential development combined with agricultural uses such as farming or animal keeping. |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 4.92 AC |
| Price Per AC | $111,788.62 |
| Price | $550,000 |
| Price Per AC | $111,788.62 |
| Lot Size | 4.92 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $180,036 | Total Assessment | $180,036 |
Property Taxes
Parcel Numbers
Land Assessment
$180,036
Improvements Assessment
$0
Total Assessment
$180,036
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