33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
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John Fagan

John Fagan

+1(669) 303-8501
Listed by Benjamin Rubalcava, DRE #01877582 • Re/Max Partners
$ 500,000
Est. payment | /mo

3 Beds

2.5 Baths

1,637 SqFt

Save
$ 500,000
Est. payment | /mo
Save

3 Beds

2.5 Baths

1,637 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,637 sqft

Price per Sqft $305

MLS Listing ID CRIG26114915

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1900

Lot Size 1.150 Acres

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

SIGNIFICANT PRICE REDUCTION! RARE LAKE ELSINORE OPPORTUNITY! Discover a 1,637-sq.-ft., 3-bedroom, 2.5-bath home situated on an oversized 50,094-sq.-ft. (approx. 1.15-acre) lot with lake views, a large swimming pool, and expansive outdoor space. Located near Grand Avenue and the lake, the setting offers unusual privacy, with a fire station adjacent and few immediately neighboring residences. The home is approximately 130 years old and needs substantial remodeling and updating. It is NOT turnkey, and the newly reduced price reflects its condition. Cherished by its owners for more than 40 years, this property is ready for its next chapter. FIVE POTENTIAL STRATEGIES are illustrated in the photos: (1) Retain the home and explore adding a second residence; (2) Explore commercial redevelopment; (3) Retain the home and explore two detached 800-sq.-ft. ADUs with proposed garages; (4) Explore subdividing into two approximately 25,047-sq.-ft. lots for future use; or (5) Remodel the existing home and enjoy the land as it sits. Reported General Commercial Mixed-Use (C-1/C-P) zoning adds another dimension worth investigating. Properties combining a home, substantial usable acreage, lake views, and potential development flexibility merit a closer look. Whether you envision restoring a

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central Forced Air

Cooling None

Fireplaces Type Living Room

Laundry Other

Exterior

Pool Pool - In Ground, 31, Pool - Yes

View Lake

Building

Story One Story

Water District - Public

Others

Tax ID 381252010

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Nearby Locations

John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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33040 Maiden