Lake Elsinore, CA 92530
$1,390,000
Rare opportunity to acquire approximately 8.6 acres of vacant land in the growing Lake Elsinore area! Ideally situated near the intersection of Stoneman Street and Palomar Street, this expansive property offers approximately 700 feet of street frontage and excellent potential for future residential development. Surrounded by established neighborhoods and conveniently located near schools, shopping, dining, and major transportation routes, the property combines a desirable residential setting with long-term investment appeal. Previously marketed with a medium-density residential designation, the parcel offers developers and investors the opportunity to explore a variety of residential development concepts, including a potential new-home community. With continued residential growth and demand throughout Southwest Riverside County, this is an attractive opportunity for builders, developers, and land investors seeking a substantial landholding in an expanding market. Buyer to independently verify lot size, zoning, density, utilities, access, permitted uses, development feasibility, and all necessary approvals with the appropriate government agencies.
Questions on 32609 Stoneman, Lake Elsinore, CA 92530, or want to see it in person?
Listed by LILI QIAN, PACIFIC STERLING REALTY/Irvine