250 E Prospect Street

Lake Elsinore, CA 92530

  • 2 Bed(s)
  • 1 Bath(s)
  • 1,421 Sqft
  • 34412
    Sqft(Lot)
$700,000

Description

Investor’s dream with unmatched lake views and development potential!

welcome to 250 e prospect — a 2-bedroom, 1-bath home just a short walk from the heart of historic downtown lake elsinore. perched on a hilltop with panoramic views of the lake and city, this property is truly a rare find. what makes this opportunity exceptional? it includes four additional parcels, totaling nearly 4 acres of land, all included in the price! whether you're looking to build, expand, or create income-producing opportunities, the possibilities are endless. with its prime location, breathtaking scenery, and development potential, this is the kind of investment that doesn’t come around often. whether you’re dreaming of a hillside retreat, vacation rentals, or a multi-unit venture—this one checks all the boxes.

  • Property Type

    Residential

  • County

    Riverside

  • Style

    Residential

  • AD ID

    50391941

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Fireplace: Living Room

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1924

    Security Features

    • Security Gate

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • Privacy

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.79
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 34412

  • Listing Price Information

    • Original List Price: 700,000
    • Listing Contract Date: 2025-07-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 373143002

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SRCAR - Southwest Riverside County
    • Postal Code Plus 4: 4145
    • Directions: Get off on Main St from 15FWY go left on Prospect and the home will be on the right when it dead ends
    • Zoning: R1
    • Source Property Type: Residential
    • Area: SRCAR - Southwest Riverside County
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 101
    • Common Walls: No Common Walls
    • Property Condition: Fixer
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Total Square Feet Living: 1421
    • Entry Level: 1
    • Entry Location: main level
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: House
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BuyOwner last updated this listing 07/15/2025 @ 20:49

  • MLS: SW25155368
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is for sale, it has 1,421 sqft, 34,412 sized lot, and 2 parking. are nearby neighborhoods.