33040 Maiden Lake Elsinore, CA 92530
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,637 sqft
Price per Sqft $305
MLS Listing ID IG26114915
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1900
Lot Size 1.150 Acres
Property Sub-Type Single Family Residence
Property Description
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 character-filled residence or exploring a longer-term investment strategy, this is a chance to evaluate multiple possibilities at a newly reduced asking price. Bring your contractor, run the numbers, and imagine what could be next!
IMPORTANT: Listing photos include both actual property images and digitally generated CONCEPTUAL RENDERINGS ONLY. Depicted new homes, ADUs, garages, lot divisions, landscaping, and other improvements are not existing or approved improvements and are not included in the sale. No development outcome is guaranteed. Buyer to independently verify square footage, lot size, condition, zoning, permitted uses, ADU eligibility, subdivision feasibility, utilities, setbacks, costs, permits, and approvals with the applicable city, county, and agencies.
Location
State CA
County Riverside
Area 699 - Not Defined
Rooms
Main Level Bedrooms 3
Interior
Heating Central
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Outside
Exterior
Pool In Ground, Private
Community Features Rural
View Y/N Yes
View Lake
Porch Wood
Private Pool Yes
Building
Lot Description Back Yard, Front Yard, Lot Over 40000 Sqft
Dwelling Type House
Story 1
Entry Level One
Sewer Septic Type Unknown
Water Public
Level or Stories One
New Construction No
Schools
High Schools Lakeside
School District Lake Elsinore Unified
Others
Senior Community No
Tax ID 381252010
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard, Trust
Nearby Locations
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