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$762,350
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Property Description
Maximize your portfolio with this rare, turnkey duplex opportunity! Perfectly designed for high-yield rental income or sophisticated multi-generational living, this brand-new build offers a total of 2,369 sq. ft. of modern luxury.
Primary Residence: Spacious 4-Bed, 2-Bath floor plan (1,519 sq. ft.) featuring an airy, open-concept layout and designer finishes.
Private ADU/Unit: Fully independent 2-Bed, 1-Bath (850 sq. ft.)-ideal for short-term rentals or steady long-term tenants.
Bonus Value: The oversized 2-car garage is extra-wide and prepped for potential conversion into a Junior ADU (buyer to verify with City), offering a third potential income stream!
Key Features: Connected to sewer (no septic worries!), ample off-street parking, and lightning-fast access to the 15 Freeway. Just minutes from the lake for premier fishing and recreation.
Note: High days on market is due to early promotion during the construction phase. The home is now complete and move-in ready! Seller is motivated-bring your offers! Buyer and buyer's agent to verify the info with the City.
Full Property Details
Full Property Details for 237 E Prospect St
General
- Sold For: $762,350
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: TR25254372
- Added to Site: 200 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, All Bedrooms Down, Main Floor Primary Bedroom, Living Room, Main Floor Bedroom
- Interior Features: Quartz Counters, Attic Fan, Recessed Lighting, Cathedral Ceiling(s)
- Fireplace(s): None
- Eating Areas: Family Kitchen, Dining Room, Area
- Appliances: Water Heater, ENERGY STAR Qualified Water Heater, Electric Range, Water Line to Refrigerator, Electric Oven
- Flooring: Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Individual Room, Electric Dryer Hookup, In Closet, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Concrete, RV Garage, Automatic Driveway Gate, Gated, Garage (Direct Access), Driveway
Location
- County: Riverside
- Driving Directions: From Main St, go South on Prospect St
School Information
- School District: Lake Elsinore Unified
Community
- Community Features: Lake, Street Lights, Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air, High Efficiency, ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Construction: Drywall Walls
- Foundation: Slab
- Roof: Shingle
- Common Walls: 1 Common Wall
- Disability Access: See Remarks
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,369
- Year Built: 2026
- Year Built Source: Builder
- Property Condition: Turnkey
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: Corner Lot
- Fencing (Description): Excellent Condition
Financial Considerations
- Price Per Sq. Ft.: $321.8
Disclosures and Reports
- Special Conditions: Standard
Listed by Coldwell Banker Envision, Raul Lozano
Sold by eXp Realty of Southern California, Inc., Christian Rios
Get Pre-Approved Today
Schools
Schools serving 237 E Prospect St
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Railroad Canyon Elementary School 1300 Mill Street, Lake Elsinore, CA 92530 | K-5 | 1 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 0.9 mi |
Elsinore High School 21800 Canyon Drive, Wildomar, CA 92595 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 237 E Prospect St
Date
Details
Price
Change
Source
4/29/2026
Sold
$762,350
-4.59%
MLS
2/17/2026
Price Reduced
$799,000
-8.69%
MLS
1/11/2026
Price Reduced
$875,000
-2.78%
MLS
11/05/2025
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
237 E Prospect Street, Lake Elsinore, CA 92530 (MLS# TR25254372) is a Duplex property that was sold at $762,350 on April 29, 2026. Want to learn more about 237 E Prospect Street? Do you have questions about finding other Duplex 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.

