Price cut
$297,000
· 1.34 acre lot
1 Palm Dr, Lake Elsinore, CA 92530
Land ·
$1,819/mo est. payment
Flood factor 1/10
About this home
Prime Residential Development Opportunity - Country Club Heights, Lake Elsinore Discover an exceptional opportunity to build in the desirable Country Club Heights neighborhood of Lake Elsinore. This expansive 58,350-square-foot (1.34+/- acre) parcel offers incredible development potential in a peaceful setting just a short, easy distance from the lake. The property is beautifully framed by 12 mature date palms along the paved road, creating an impressive entrance and enhancing its curb appeal. With over an acre of land, this rare parcel presents the opportunity to develop four or more homes (buyer to verify zoning, density, and development requirements with the City of Lake Elsinore). Utilities are conveniently located nearby, with septic required. Enjoy all that Lake Elsinore, Southern California's largest natural freshwater lake, has to offer. Spanning approximately 3,000 surface acres, the lake features nearly 14 miles of shoreline and is a year-round destination for boating, fishing, water sports, camping, and lakeside recreation. Country Club Heights is one of Lake Elsinore's most historic neighborhoods, originally established in the early 1900s during the city's first real estate boom. Known for its elevated homesites, panoramic lake and mountain views, and unique topography, the area continues to attract builders and homeowners seeking custom residences in a community rich in local history and character. Whether you're a developer, investor, or future homeowner looking to build a custom estate, this is a rare chance to secure a premium parcel in one of Lake Elsinore's most sought-after hillside communities. Buyer must verify all information with city of Lake Elsinore and Riverside County.
Facts and features
Land Info
- Additional Parcels Description: 375341001, 375341002, 375341003, 375341004, 375341005, 375341006, 375341007, 375341008, 375341009, 375341010, 375341011, 375341012, 375341022, 375341023, 375341024, 375341025, 375341026
- Additional Parcels: No
- Land Lease: No
- Lot Description: Lot Over 40000 Sqft, Corner Lot, Rectangular Lot, 0-1 Unit/Acre, Corners Marked
- Lot Size Acres: 1.34
- Lot Size Source: Assessor
- Lot Size Square Feet: 58370
Exterior and Lot Features
- Road Frontage Type: City Street
- Road Surface Type: Paved
Home Features
- View: Lake, Hills, Canyon, Water
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: Valley, Ravine, Watersports, Rural, Hiking, Mountainous, Lake
Other Property Info
- Source Listing Status: Active
- County: Riverside
- Current Use: Multi-Family, Residential
- Directions: Lake Shore Dr. to Wilson Way to Palm Dr. or Chaney St. to Sumner Ave. to Palm Dr. or Riverside Dr. to Strickland Ave. to Palm Dr.
- Source Property Type: Land
- Possible Use: Multi-Family, Residential
- Area: SRCAR - Southwest Riverside County
- Source Neighborhood: SRCAR - Southwest Riverside County
Utilities
- Water Source: Public
Building and Construction
- Elevation Units: Feet
Schools
- 3
Elsinore Middle School
middle · 6-8 · 0.5 mi
- 2
Elsinore Elementary School
elementary · K-5 · 0.9 mi
- 7
Temescal Canyon High School
high · 9-12 · 1.8 mi
Adonai Ministries Christian School
elementary · 1-6 · 2.3 mi
Valley Adult
elementary · 0.6 mi
- 1
Ortega High School
high · 9-12 · 0.6 mi
Price history
- Aug 26, 2026 · Price Changed$297,000
- Aug 13, 2026 · Price Changed$315,000
- Jul 16, 2026 · Listed$350,000
- Apr 22, 2026 · Sold$75,000
- Feb 10, 2026 · Price Changed$75,000
- Jan 17, 2026 · Listed$85,000
- Jan 14, 2026 · Listing Removed—
- Sep 20, 2025 · Listed$95,000
Where it is
Listed by James Bradford Kinney · Jeff Arcuri, Broker · CRMLS
