32767 Stoneman Street, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

home-pic
ACTIVE$520,000
32767 Stoneman Street, Lake Elsinore, California 92530
2Beds
2Baths
1,440Sqft
108,900Lot
Year Built
1975
Close
-
List price
$520K
Original List price
$579K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR24252980
Home ConditionFair
Features
Good View: None
Deck
View-

About this home

Attention investors and developers – this is the opportunity you’ve been waiting for! Situated on 2.5 flat, fully usable acres, this property offers two separate street entrances, complete fencing, and dual gates for ultimate privacy and accessibility. The front portion of the land features a manufactured home on a permanent foundation with new flooring, along with a detached 3-car garage and PAID OFF Solar. With expansive zoning and a variety of potential uses, this property is perfect for subdivision or the development of multiple homes. The flexible layout allows for numerous possibilities, whether you’re looking to build a private compound, develop dual residences, or create a larger-scale project. Don't miss out on this exceptional opportunity to own a prime piece of land with limitless potential. Bring your ideas and make this unique property your own!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (308 Listings)
Beds23
7%
Baths22
50%
Square foot1,4401,830
26%
Lot Size108,9007,405
97%
Price$520K$582K
20%
Price per square foot$361$327
68%
Built year19752005
11%
HOA
Days on market311191
91%
Condition Rating
Fair

The property was built in 1975. The interior photos show that the property has new flooring, but the kitchen and bathrooms appear outdated. The kitchen has older appliances and cabinetry. The bathrooms have older fixtures and finishes. Overall, the property appears to be aged but maintained through regular upkeep and occasional updates.
Pros & Cons

Pros

Large Lot Size: The property boasts a substantial 2.5-acre lot, offering ample space for various development opportunities or personal enjoyment.
Development Potential: Zoning allows for subdivision or development of multiple homes, making it attractive for investors and developers.
Dual Street Entrances: Two separate street entrances provide convenient access and enhance the property's development flexibility.
Paid-Off Solar: The property includes a paid-off solar system, reducing energy costs for the homeowner.
New Flooring: The manufactured home features new flooring, providing a fresh and updated feel.

Cons

Manufactured Home: The presence of a manufactured home, even on a permanent foundation, might deter some buyers seeking traditional construction.
Outdated Interior: The kitchen and bathrooms appear outdated, potentially requiring renovation to meet modern standards.
Age of Property: Built in 1975, the property may require updates to meet current building codes and preferences.

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