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$875,000 -$25,000 (-2.78%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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237 E Prospect Street, Lake Elsinore, CAVideo Tour of 237 E Prospect Street, Lake Elsinore, CA.
No HOA, Brand-New Contemporary 2 UNITS. The 2 units will be delivered with all permits from the City of Lake Elsinore. Notice the high ceilings. This stunning 4-bedroom, 2-bathroom primary residence is designed for comfort and modern living, offering an elegant open floor plan with high-quality finishes. For added versatility, the property includes a second unit, spacious Accessory Dwelling Unit (ADU) featuring 2 bedrooms and 1 bathroom, perfect for extended family or rental income potential. The entire property spans an impressive 2,369 sq. ft. of well-designed space. Additional highlights include: - Attached 2-car garage, and more extra parking, providing convenience and secure parking. - Prime location, situated near the 15 Freeway for easy commuting. - Close proximity to the lake, ideal for outdoor enthusiasts who enjoy nature, fishing, and recreational activities. A rare opportunity to own a brand-new home in a desirable location! Secure your future residence now and enjoy the benefits of modern construction and design.

Full Property Details for 237 E Prospect St

General

  • Price: $875,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: TR25266132
  • Updated: 1/11/2026
  • Days on Market: 51 days
  • Added to Site: 51 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room, Walk-In Closet
  • Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Corian Counters, Crown Molding, High Ceilings
  • Fireplace(s): None
  • Appliances: Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Water Heater
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Individual Room, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Side, RV Access/Parking, RV Gated
  • Parking: Garage (Direct Access), Concrete, Garage Faces Side, RV Access/Parking, RV (Gated)

Location

  • Area: SRCAR - Southwest Riverside County
  • County: Riverside
  • Development Name: SRCAR - Southwest Riverside County
  • Driving Directions: From Main St, go South on Prospect St

Heating & Cooling

  • Cooling Type: Central Air, Electric, ENERGY STAR Qualified Equipment
  • Heating Type: Central, Electric, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Roof: Shingle
  • Windows: ENERGY STAR Qualified Windows
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,369
  • Year Built: 2025

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: City Lights, Hills, Lake, Mountain(s), Neighborhood
  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Assessor
  • Zoning: R3
  • Lot Description: Corner Lot, Sprinklers in Front, Sprinklers on the Side, Sprinklers Timer

Green Features

  • Energy Efficient: Windows

Financial Considerations

  • Price Per Sq. Ft.: $369.35
  • Price Per Unit: 437500

Listed by Coldwell Banker Envision, Raul Lozano

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Listing agent

— 237 E Prospect St —

  • Raul Lozano

    Coldwell Banker Envision

909-319-2293

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 237 E Prospect St

School District:Lake Elsinore Unified School District
NameGradesDistance
Railroad Canyon Elementary School
1300 Mill Street, Lake Elsinore, CA 92530
K-51 mi
Elsinore Middle School
1203 West Graham Avenue, Lake Elsinore, CA 92530
6-80.9 mi
Elsinore High School
21800 Canyon Drive, Wildomar, CA 92595
9-124 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 237 E Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2026
Price Reduced
$875,000
-2.78%
MLS
11/25/2025
Listed
$900,000
1400%
MLS
5/23/2024
Sold
$60,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 237 E Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$691
19%
$61,200
18%
2024
$580
98%
$52,020
116%
2023
$293
1%
$24,034
2%
2022
$289
2%
$23,563
2%
2021
$284
1%
$23,101
1%
2020
$281
1%
$22,865
2%
2019
$277
2%
$22,417
2%
2018
$272
1%
$21,978
2%
2017
$268
3%
$21,548
2%
2016
$259
1%
$21,126
2%
2015
$256
3%
$20,809
2%
2014
$249
-69%
$20,402
—
2013
$799
—
$20,310
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Envision, Raul Lozano

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237 E Prospect Street, Lake Elsinore, CA 92530 (MLS# TR25266132) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 237 E Prospect Street is currently listed for $875,000 and was received on November 25, 2025. Want to learn more about 237 E Prospect Street? Do you have questions about finding other Multi-Family 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.

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