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16072 Grand Avenue, Lake Elsinore, CA 92530

Single-family home

16072 Grand Avenue, Lake Elsinore, CA 92530 Sold December 2023 CRMLS
$988,888Sold December 2023

Listing Agent: Elizabeth Jones (DRE #01933366) · Listing Office: KW Temecula · Contact: 951-304-1200 · Bought with: Shisheng Yu · Harvest Realty Development · MLS #SW23109960 · Source: CRMLS

6
Bedrooms
4
Bathrooms
3,000
Sq Ft
60,548 sqft
Lot Size
1925
Year Built
Single-family home
Type
1
Stories
2
Garage
CentralAir
Cooling
Central
Heating
Coastline, Lake, Mountains, Neighborhood, Water
View

About this single-family home

Price Improvement. Waterfront Income property in Lake Elsinore now available. Two homes on one lot! Enjoy 115 ft of waterfront on the widest part of Lake Elsinore. Private beach, tiki hut with power, solar lighting, and views that are breathtaking of the water. Rare to find a lot like this… over 1.39 acres of land that can be subdivided to multiple homesites and APNs. Just as they did to the north. Currently the property has two homes and various storage buildings. First home is an historic 1925 cottage once owned by Bela Lugosi. Inside are 2 bedrooms, utility room and one bath. Charming bones, retro-decor and currently rented bringing in an income. This home is on conventional septic and has lovely fruit trees lining the property. Large yard/courtyard and views. The next home is a Manufactured Home built in 1978 on Permanent Foundation featuring 4 bedrooms and two bath. Separate laundry room. Total square footage for this home is approximately 2040 square feet. Great views of the lake from the covered patio or living room. Between the two homes are gazebo, spa, detached garage/storage building with shop-bathroom, two storage containers, RV hookups, Tiki Hut, Garden beds, beach and more. The highest potential usage of this home would be to add more manufactured homes to the property and rent out the space. Manufactured home is on city sewer, electric and water. Great fishing from the shoreline. Nighttime city lights and cool breezes. Possibilities are endless by adding homes, more manufactured storage or rentals, subdividing for single family residences with separate APNs or simply enjoy this unique property yourself. Close to shopping and freeways. See 3D Tour https://my.matterport.com/show/?m=ggyouXPHRCX&mls=1

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$988,888
Sold December 2023 · listed $1,050,000, orig. $1,150,000, on market June 2023 · MLS #SW23109960 · Source: CRMLS
Listing Agent: Elizabeth Jones · Listing Office: KW Temecula · Contact: 951-304-1200 · Bought with: Shisheng Yu · Harvest Realty Development
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