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Excellent infill residential development opportunity in the growing city of Lake Elsinore! This 8,712 sq. ft. vacant lot on N Lowell St (APN: 374-033-012) is zoned R3 – High Density Residential District, offering potential for multi-family or higher-density residential development (buyer to verify with the City of Lake Elsinore). The property is located on a paved street in an established neighborhood with surrounding homes, curb and sidewalk improvements, and nearby utilities. The lot features a gentle usable topography with attractive neighborhood views and convenient access to schools, shopping, restaurants, and the I-15 freeway. Great opportunity for builders, investors, or anyone looking to develop in a desirable Southern California location. ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****
Listing agent: Steve Welty DRE #00387455 steve@scwelty.com, Listing office: Steve Welty & Associates Inc
MLS data updated 11/3/2026, 7:58:08 AM PT
Source: CRMLS, MLS #: SW26111442
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 14, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$72,000Closed sale · Jul 14, 2026ZIP 92530 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.