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For Sale

$749,900

16482 Grand Avenue
Lake Elsinore, CA 92530

Bed 3 br
Bathroom 3.5 ba
Sqft 1,140 sqft
Here is a once in a lifetime opportunity to own THE cutest home on the water in Lake Elsinore! This historic 1911 cottage has been in the same family for over 40 years and was meticulously rebuilt in the early 1980's in a manner preserving its cottagecore charm. Positioned on a spacious one acre lot running from Grand Ave all the way to the the lake, this super-private getaway has its own private beach and features the original 1 bedroom, 2 bath cottage as well as a detached garage with recently renovated upstairs apartment. Additionally, the 3-car garage features an attached bedroom with private bathroom and its own private patio that opens to the beautiful lawn area between the two buildings. The grounds feature majestic shade trees and a lovely variety of flowering plants. Stepping out onto the cottage rear deck you'll have commanding lake, city-lights and mountain views as you enjoy the quiet ambiance next your quaint koi pond. There is ample room on this parcel for storing boats, RV's or for possibly building an additional home as the structure is located several hundred feet from water's edge. This home is ideal for those looking for a unique home on the shores of Southern California's only naturally occurring year-round lake...a true piece of California history. Another possible use would be as a short term rental property while a caretaker could reside in the apartment above the garage. The beach features spectacular views up and down the west shore and of the surrounding mountains. You also have a very nice view of the city lights on the opposite side of the lake. Hurry, this home will not last! Read More

Market Status
Under Contract
Last Updated
June 17, 2021

Property Type
Single Family Home
Year Built
1911
Bedrooms
3 BR
Baths
3 full BA; 1 ½BA
Stories
2
Fireplace
Family Room Fireplace
MLS Area
Srcar - Southwest Riverside County
Fence
Chain Link Fence
View
Lake View, Panoramic Views, Water View

Local Market Conditions

There are currently 156 properties for sale in the Lake Elsinore, CA area with the average listing price of $560,338. This represents an increase of +1.8% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +10.4% increase. To learn more about the Lake Elsinore, CA area, contact a local expert!

Market Snapshot for Lake Elsinore, CA

Avg. Listing Price

$560,338

Wk ending Jun 12

$+9,702

+1.8%

w-o-w

156

560

38

18

18

10

Average Listing Price for Lake Elsinore, CA
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $560,338 +1.8% $550,636 $553,576 $550,627
1 bedroom1 BR $287,250 -6.4% $307,000 $287,667 $287,667
2 bedrooms2 BR $306,850 +10.4% $278,014 $273,739 $284,550
3 bedrooms3 BR $528,058 +1.0% $522,674 $521,371 $519,214
4 bedrooms4 BR $575,361 -1.0% $580,887 $588,839 $585,143

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Listing Provided By:

Joseph McDermott

Phone
This $749,900 Single Family Home at 16482 Grand Avenue in Lake Elsinore, CA is presented by Joseph McDermott. This $749,900 Single Family Home, located in the 92530 zip code, has the following property features: Fence, View, MLS Area, Fireplace. This 16482 Grand Avenue Single Family Home is listed under MLS listing number SW21095617, has 3 beds, 4 baths, and has a listing price of $749,900. You can find more Lake Elsinore homes for sale here.

Data Provided by California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (CRMLS) and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Information deemed reliable but not guaranteed.

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