$99,000

0 Olive, Lake Elsinore, CA 92530

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Don't miss this incredible opportunity to own prime R3-zoned residential land in the growing city of Lake Elsinore, CA. The property is flat usable, making it ready for your next residential development project. Ideally located just off busy Grand Avenue and directly across from the Lake, this corner lot at Olive and Grand features paved streets on three sides, offering excellent access and visibility. R3 zoning allows for medium- to high-density residential uses, including multi-family housing such as apartments, duplexes, triplexes, fourplexes, townhomes, and ADUs (buyer to verify density, setbacks, and permitted uses with the City of Lake Elsinore and Riverside County). Beyond the property itself, the location is hard to beat. It's just minutes from major shopping destinations including Costco, Target, Walmart, Home Depot, and Lowe's, and offers quick access to Highway 74 and the I-15 Freeway for commuters. The area is also surrounded by popular local attractions such as Temecula Wine Country, Storm Baseball Stadium, Lake Elsinore Motorsports Park, and the Lake Elsinore Outlets. Whether you're planning to build now or secure land for future residential development, this property offers strong upside potential in a rapidly growing market. R3-zoned parcels in such a prime locati

Listing Status:
Active
Date Added:
January 15, 2026
Data Last Updated:
February 8, 2026 at 1:09AM
Listing Office:
LEGACY HOMES REALTY : 951-314-4251
Listing Agent:
Raj Sharma : 951-314-4251
MLS ID:
CRSW26010710
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: C1-C381282043
  • View: LakeMountain(s)
  • Utilities: No Water/Sewer
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Raj Sharma , LEGACY HOMES REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elsinore Elementary School

512 W Sumner Ave, Lake Elsinore, CA, 92530

Grades KG-5

2.31 miles away

E

Elsinore Middle School

1203 W Graham Ave, Lake Elsinore, CA, 92530

Grades 6-8

2.04 miles away

L

Lakeside High School

32593 Riverside Dr, Lake Elsinore, CA, 92530

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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