32800 Ortega , Lake Elsinore, CA 92530
Lake Elsinore, CA 92530
Description
Where Serenity meets Tranquility!!! Located in the small Mountain Village of El Cariso just 10 miles from Lake Elsinore and 20 miles from Dana Point and Pacific Coast Hwy... is a RARE opportunity to own this secluded gem amongst ancient oaks and tall pines which has been home to Nicolai Studio Gallery, where he paints and composes most of his poetry and where one can come to reflect. Entering this property is like walking onto a hidden remnant of old California. This 1.6 acres showcases the natural beauty of this land which has a creek/stream that runs through the property and two bridge crossings. There are 3 structures and a mobile home, which consists of a 1br 1ba original bungalow, studio apartment, and a two story unit with an art gallery on the bottom floor and living quarters on the 2nd floor with two balconies. Attached to the 2 story unit is an old stone workshop/storage room which is believed to be one of the oldest buildings on the Mountain. The owner lives is the 2 story unit. The original bungalow, studio apartment and mobile home are all rented. Great frontage on Ortega Hwy route 74 with 2 driveways. Could possibly be subdivided and has many possible uses. Would possibly be great for a retreat, airbnb (if allowed), destination restaurant in the oaks, or for an artist! This property has huge potential, all that's missing is you! 1br Bungalow is rented for $900mo, Studio is rented at $25 a day, The mobile home is rented for $400mo, seller lives in two story unit. Enter at 32764 Ortega Highway shown by appointment only. Do not disturb occupants
Details
| Mls | IV24228373 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 32 |
| Listing Provided By | COLDWELL BANKER REALTY 951-682-1133 | KEVEN KELLEY |
Features
| Sq Feet | 266 |
|---|---|
| Storys | 1 |
| Acreage | 1.60 |
| Water Front | Yes |
Market Activity 92530
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Lake Elsinore |
| Zip Code | 92530 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92530) | |
Price: $1,053,000 low | high Med: $567,945 SqFt: 266 low | high Med: 1,602 $ / SqFt: $3,959 low | high Med: $358 On Site: 32 low | high Med: 167.000000 | |