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Lake St
Lake Elsinore, CA 92530
Land For Sale
·
40.44 AC
Property Facts
| Property Type | Land | Total Lot Size | 40.44 AC |
| Property Subtype | Residential | Cross Streets | Lakeshore Drive |
| Proposed Use | Single Family Development | ||
| Zoning | Cape of Good Hope SP | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 40.44 AC |
| Cross Streets | Lakeshore Drive |
| Zoning | Cape of Good Hope SP |
Description
The subject property presents a good potential to develop new single family housing with views in the City of Lake Elsinore. In 2007 Tentative Tract Map #32481 was approved for 5 minimum 7,200 sf lots on the portion of the property that fronts on Spruce Street, but the map has expired. Spruce Street appears to be fully improved so it is likely that minimal improvements would be required to construct 5 homes on this portion of the property. In 2007 Tentative Tract Map #32482 for 51 lots was prepared for the balance of the property but not submitted due to the downturn in the real estate market. The Cape of Good Hope Specific Plan is still valid according to the City of Lake Elsinore.
Property Taxes
| Parcel Number | 389-372-010 | Improvements Assessment | $0 |
| Land Assessment | $42,022 | Total Assessment | $42,022 |
Property Taxes
Parcel Number
389-372-010
Land Assessment
$42,022
Improvements Assessment
$0
Total Assessment
$42,022
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