Lake Elsinore, CA 92530 250 E Prospect Street
$700,000
22 more
Presented By: Misty Cochren with Abundance Real Estate; 909-214-2355
- MLS# SW25155368
- 07/10/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 2
Baths • 1
SQFT • 1,421
Garage • 2
Home Details
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.
Presented By: Misty Cochren with Abundance Real Estate; 909-214-2355
Interior Features for 250 E Prospect Street
Bedrooms
Main Level Bedrooms2
Total Bedrooms2
Bathrooms
Main Level Bathrooms1
Total Baths1
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 250 E Prospect Street
Additional Parcels Description373-143-003, 373-143-004, 373-143-005, 373-143-006
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLake Elsinore
Community FeaturesHiking, Lake, Mountainous
ContingencyNone
CoolingNone
CountyRiverside
DirectionsGet off on Main St from 15FWY go left on Prospect and the home will be on the right when it dead ends
Entry Locationmain level
Full Baths1
Garage Spaces2.0
Garage Y/NYes
HOANo
HOA Fee$0.0
HeatingCentral
High School DistrictLake Elsinore Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquareFeet
Lot Size Square Feet34412.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
Other StructuresSecondGarage
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionFixer
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Security FeaturesSecurityGate
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Tax Lot16
ViewCityLights, Lake, Mountains
Year Built1924
Year Built SourceAssessor
ZoningR1
Exterior for 250 E Prospect Street
Crops Included Y/NNo
FencingPrivacy
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.79
Lot Size Area34412.0
Lot Size SourceAssessor
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate