250 E Prospect Street
Lake Elsinore, CA 92530 • 2 Bed • 1 Bath • 1,421 sq.ft.

Property summary

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.

Days on market: 5

Listing updated: July 15, 2025 - 04:18:07

Property details

Property ID
SW25155368
Size
1421 sq.ft.
Home Type
Residential
Year Built
1924
Property Size
0.79 acre
Garage
2
Levels
1
Spa
None
Patio
No
Basement
No
View
City Lights, Lake, Mountain(s)
Pool
None

Listed by: Misty Cochren DRE #01946178 951-260-2098, Abundance Real Estate - Southwest Riverside County

Source: Southwest Riverside County, MLS#: SWAES Originating MLS: CRMLS

Interior information

Rooms
Bedroom
Bathrooms
1
Kitchen
N/A
Cooling
None
Heating
Central
Flooring
N/A
Laundry
None
$700,000
Property price
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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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 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. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-16 07:34:01 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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