$875,000

237 E Prospect Street, Lake Elsinore, CA 92530

2,369 sqft

Duplex
Built in 2026
7,405sqft lot
2 car garage
$369/sqft
Listed 2 months ago

Property Description

Calling all investors! Maximize your portfolio with this rare, turnkey duplex opportunity! Perfectly designed for high-yield rental income or sophisticated multi-generational living, this brand-new build offers a total of 2,369 sq. ft. of modern luxury. Primary Residence: Spacious 4-Bed, 2-Bath floor plan (1,519 sq. ft.) featuring an airy, open-concept layout and designer finishes. Private ADU/Unit: Fully independent 2-Bed, 1-Bath (850 sq. ft.)—ideal for short-term rentals or steady long-term tenants. Bonus Value: The oversized 2-car garage is extra-wide and prepped for potential conversion into a Junior ADU (buyer to verify with City), offering a third potential income stream! Key Features: Connected to sewer (no septic worries!), ample off-street parking, and lightning-fast access to the 15 Freeway. Just minutes from the lake for premier fishing and recreation. Note: High days on market is due to early promotion during the construction phase. The home is now complete and move-in ready! Seller is motivated—bring your offers!

Listing Status:: Active
Date Added:: November 25, 2025
Data Last Updated:: February 8, 2026 at 7:16AM
Listing Office:: Coldwell Banker Envision : 909-983-9933
Listing Agent:: Raul Lozano : 909-319-2293
MLS ID:: TR25266132

General: Beamed CeilingsCeiling Fan(s)Crown MoldingCathedral Ceiling(s)High CeilingsSolid Surface CountersAll Bedrooms DownBedroom on Main LevelMain Level PrimaryUtility RoomWalk-In Closet(s)
Appliances: ENERGY STAR Qualified AppliancesElectric RangeElectric Water HeaterMicrowaveRange HoodWater Heater
Laundry: Washer HookupElectric Dryer HookupGas Dryer HookupLaundry ClosetLaundry Room
Flooring: Laminate
A/C: Central AirElectricENERGY STAR Qualified Equipment
Heating: CentralElectricForced Air
Fireplace: None
Disability Feature: See Remarks
Eco/Green Feature: WindowsAppliances

General: None
Pool: None
Parking: ConcreteDirect AccessGarageRV GatedRV Access/ParkingGarage Faces SideParking spaces: 2

Roofing: Shingle
Windows: ENERGY STAR Qualified Windows
General: DrywallStucco1

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Riverside

Zoning: R3373151003
View: City LightsHillsLakeMountain(s)NeighborhoodView
Fencing: Excellent ConditionGood ConditionVinyl

Utilities: Sewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Raul Lozano , Coldwell Banker Envision

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Elsinore Elementary School

512 W Sumner Ave, Lake Elsinore, CA, 92530

Grades KG-5

0.54 miles away

Elsinore Middle School

1203 W Graham Ave, Lake Elsinore, CA, 92530

Grades 6-8

0.91 miles away

Ortega High School

520 Chaney St Bldg 100, Lake Elsinore, CA, 92530

Grades 9-12

1.19 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.