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Ortega (SR 74) Hwy - Lake Elsinore | 72 Acres-Expired TTM 98 lots
72.99 Acres of Residential Land Offered at $2,499,000 in Lake Elsinore, CA 92530
Investment Highlights
- Great Lake Views!
- Solid Housing Market
- Expired Tentative Tract Map
Executive Summary
Property Facts
| Price | $2,499,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 72.99 AC |
| Price | $2,499,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 72.99 AC |
1 Lot Available
Lot
| Price | $2,499,000 | Lot Size | 72.99 AC |
| Price Per AC | $34,238 |
| Price | $2,499,000 |
| Price Per AC | $34,238 |
| Lot Size | 72.99 AC |
72+/- acres on Ortega Hwy, southwest of Grand Avenue. Expired TM for 98 SFR lots. The engineer indicates the city is open to reprocessing the map and also open to a Development Agreement. Expansive lake and territorial views!
Description
72+/- acres on Ortega Hwy, southwest of Grand Avenue. Expired TM for 98 SFR lots. The engineer indicates the city is open to reprocessing the map and also open to a Development Agreement. The property is adjacent to a residential tract and a large water tank is on site. Most of the work is on site; the TTM is a balanced cut and fill site. Expansive lake and territorial views! Great marketing traffic/signage. Asking $2,499,000 (only $25,000/potential lot!).
PROPERTY TAXES
| Parcel Number | 386-100-034 | Improvements Assessment | $0 |
| Land Assessment | $763,662 | Total Assessment | $763,662 |
PROPERTY TAXES
zoning
| Zoning Code | R-1 (Expired Tentative Tract Map (#33140)) |
| R-1 (Expired Tentative Tract Map (#33140)) |
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Larry Lynch -
Deanne Boublis -
Korek Land Company
Presented by
Ortega (SR 74) Hwy - Lake Elsinore | 72 Acres-Expired TTM 98 lots
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