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$32,000
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Property Description
Discover the perfect canvas for your future home with this 0.12-acre residential lot nestled in the heart of Lake Elsinore, Riverside County. Zoned R-H for single-family residential use, this parcel offers the ideal blend of privacy and community charm. Enjoy the convenience of city water available at the property line, overhead electricity nearby, and paved asphalt road access. While a septic system will be required, the property is outside of a flood zone and free of HOA restrictions. Positioned at an elevation of approximately 1,430 feet, the lot offers scenic views and a peaceful setting to bring your vision to life.
Full Property Details
Full Property Details for 16427 Bailey St
General
- Price: $32,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: IG25088679
- Updated: 11/3/2025
- Days on Market: 271 days
- Added to Site: 271 day(s) ago
Location
- Area: 699 - Not Defined
- County: Riverside
- Development Name: 699 - Not Defined
- Driving Directions: TRAVELING SOUTH ON I15, RIGHT ON LAKE ST, LEFT ON LAKESHORE, LEFT ON DRYDEN, RIGHT ON BAILEY, LOT ON THE RIGHT SIDE.
- Dist. to Beach: LOT LINE (Miles)
Utilities
- Water: Public
- Dist. to Water: LOT LINE
- Utility Description: Electricity Available, Water Available
Lot Features
- Property View: Lake, Mountain(s)
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Assessor
- Zoning: R1
- Lot Description: Mountainous
Financial Considerations
- Price Per Sq. Ft.: $6.12
Listed by Best Realty Partners, Andrew Brock
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Schools
Schools serving 16427 Bailey St
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Machado Elementary School 15150 Joy Street, Lake Elsinore, CA 92530 | K-5 | 0.7 mi |
Terra Cotta Middle School 29291 Lake Street, Lake Elsinore, CA 92530 | 6-8 | 1 mi |
Lakeside High School 32593 Riverside Drive, Lake Elsinore, CA 92530 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16427 Bailey St
Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$32,000
-17.95%
MLS
5/30/2025
Price Reduced
$39,000
-4.88%
MLS
5/12/2025
Price Reduced
$41,000
-16.33%
MLS
4/22/2025
Listed
$49,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16427 Bailey St
16427 Bailey Street, Lake Elsinore, CA 92530 (MLS# IG25088679) is a Lots/Land property with a lot size of 0.1200 acres. 16427 Bailey Street is currently listed for $32,000 and was received on April 22, 2025. Want to learn more about 16427 Bailey Street? Do you have questions about finding other Lots/Land real estate for sale in Lake Elsinore? You can browse all Lake Elsinore real estate or contact a Coldwell Banker agent to request more information.

