0 Smith Ave, Lake Elsinore, CA 92530

Property Description

Aegis Management, Inc. is pleased to present an exceptional development opportunity in the heart of Lake Elsinore, California. This prime piece of residential vacant land, situated in an established and thriving residential development, offers a flat, easy-to- develop lot spanning 11,325 square feet. Priced attractively at $80,000, this large single lot is an excellent opportunity for an enterprising real estate developer. The property is ideally located just 1.5 miles from the renowned Launch Pointe Recreation Destination. This popular site boasts a wide array of facilities, including boat launches, docks, RV camping sites, picnic areas, and a campground, making it a one-stop location for various recreational activities. Whether it's boating, camping, or picnicking, the proximity to Launch Pointe enhances the appeal of this residential lot for potential homeowners. Additionally, the land is 2.5 miles from the Outlets at Lake Elsinore, a bustling shopping destination with over 45 stores. This provides convenient access to a variety of retail and dining options, further increasing the attractiveness of the location for future residents. Lake Elsinore itself has been experiencing significant demographic growth, with the population increasing by over 35% between 2010 and 2020. This marks the largest percentage increase for any California city with a population over 50,000. This rapid growth reflects the area's rising popularity and signals strong demand for residential properties. Investing in this prime residential vacant land offers the perfect blend of strategic location, growing market demand, and an attractive price point. Seize this unique opportunity to develop in one of California's most rapidly expanding cities and create a residential project that will attract eager buyers. Contact listing agent for a detailed marketing packet with more information.