Mission Trl
Lake Elsinore, CA 92530
Mission Trail at Corydon - 18.07 AC · Land For Sale · 18.07 AC

• Proposed Multi-Family Site • ±6.33 AC JUST SOLD! • Adjacent to incoming 7/11 & Car Wash • 13,767 Cars per day open space, recreational, institutional and accessory industrial land uses are provided. Location: The subject property is located in the City of Lake Elsinore, in Riverside County, California. The site is located near the signalized North-West corner of Mission Trail and Corydon Rd; two of the city’s main thoroughfares. The property is centrally located with easy access to Interstate 15 via both the Bundy Canyon Drive and Railroad Canyon/ Diamond Drive and short commutes to Orange County (only 30 miles to Interstate 5) and North San Diego County (only 45 miles to Highway 78). Jurisdiction: South West Lake Elsinore Size: ±18.07 AC Parcel Details APN: 370-050-030 = ±5.13 AC APN: 370-050-019 = ±6.20AC APN: 370-050-020 = ±6.74 AC Purchase Price: $4,938,000 Price per SF: $6.27/SF Zoning: East Lake Specific Plan: The subject site is located in The East Lake Specific Plan, a 2,977-acre planned community in which a well-balanced and functional mix of action sports, tourism, residential, commercial, open space, recreational, institutional and accessory industrial land uses are provided. Current zoning allows for high density residential development with a max density of up to 18 dwelling units per acre. With the new multi-family developments further north on Mission Trail the East Lake Specific Plan still allows for the construction of up to 600 dwelling units. This would allow for the entire property to be developed into high density housing and should allow a developer to use the existing EIR under the East Lake Specific Plan.