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18921 Grand Ave, Lake Elsinore, CA 92530

List Price: $399,000On Market FlagOn market
Oct 31, 20241,392 sqft3 beds2 baths
Listed by: MARIA GARCIA
License #: 01702842
Phone #: 9095839600
Berkshire Hathaway Homeservices California Realty
Source:
CRMLS Logo
MLS #: IG24225453

Property Description

This property has Water meter and Electricity connected. Gas and Sewer are not connected yet. Welcome to 18921 Grand Ave in Lake Elsinore, CA- a very unique property featuring 3.8 Acres of prime, rural residential land that opens the door to a multitude of possibilities. With its expansive zoning designation, this property provides the potential to develop not just one, but up to two residences/manufactured homes on the main lot. (current mobile home is completely destroyed, value is in the land) Accompanying this remarkable parcel is an adjacent 18,000 sq. ft. Lot APN 382-390-07, presenting further potential for construction. Together, these combined parcels create an unparalleled canvas for developers, investors, or those seeking a spacious estate with flexibility and future growth. Nestled in the serene and picturesque setting of Lake Elsinore, the property enjoys a balance of rural and charm and accessibility to city conveniences. Whether you envision a private compound, dual homes, don't look any further. These two properties together add up about 4.5 Acres. Bring your big ideas and make this unique property you own.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,352

TurboHome Estimated Value

$377,900

$271 sqft

High Valuation
$396,795
$285/sqft
Normal Valuation
$377,900
$271/sqft
Low Valuation
$359,005
$258/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$271/sqft$377,900

Neighborhood

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Comparative Value

$340K

$399K

$460K

$475K

$512K

$525K

18299 Brightman Ave, Lake Elsinore, CA 92530

Sale Price: $340,000

Selected Comparable

18921 Grand Ave, Lake Elsinore, CA 92530

List Price: $399,000

Subject Property

32680 Rome Hill Rd, Lake Elsinore, CA 92530

Sale Price: $460,000

Selected Comparable

32881 Rome Hill Rd, Lake Elsinore, CA 92530

Sale Price: $475,000

Selected Comparable

32658 Rome Hill Rd, Lake Elsinore, CA 92530

Sale Price: $512,000

Selected Comparable

19261 Okeechobee Ln, Lake Elsinore, CA 92530

Sale Price: $525,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
18921 Grand Ave, Lake Elsinore, CA 92530

18921 Grand Ave, Lake Elsinore, CA 92530

List: $399,000

Listed: 10/31/2024

Area:1,392 sqft
Price/sqft:$287
Beds:3
Baths:2
Year Built:
Lot Size:165,528

Comparable Properties

COMPARABLE
Choose comps
32680 Rome Hill Rd, Lake Elsinore, CA 92530

32680 Rome Hill Rd, Lake Elsinore, CA 92530

Sale: $460,000

5/1/20250.63 mi

Area:1,440 sqft
Price/sqft:$319
Beds:3
Baths:2
Year Built:
Weight:21.7%
19261 Okeechobee Ln, Lake Elsinore, CA 92530

19261 Okeechobee Ln, Lake Elsinore, CA 92530

Sale: $525,000

12/31/20240.61 mi

Area:1,380 sqft
Price/sqft:$380
Beds:3
Baths:2
Year Built:
Weight:21.1%
18299 Brightman Ave, Lake Elsinore, CA 92530

18299 Brightman Ave, Lake Elsinore, CA 92530

Sale: $340,000

5/14/20250.90 mi

Area:1,531 sqft
Price/sqft:$222
Beds:3
Baths:2
Year Built:
Weight:20.5%
32881 Rome Hill Rd, Lake Elsinore, CA 92530

32881 Rome Hill Rd, Lake Elsinore, CA 92530

Sale: $475,000

12/26/20240.46 mi

Area:1,665 sqft
Price/sqft:$285
Beds:3
Baths:2
Year Built:
Weight:18.5%
32658 Rome Hill Rd, Lake Elsinore, CA 92530

32658 Rome Hill Rd, Lake Elsinore, CA 92530

Sale: $512,000

5/22/20250.66 mi

Area:1,440 sqft
Price/sqft:$356
Beds:2
Baths:2
Year Built:
Weight:18.2%

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