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Property Description
This is your chance to get in on the growing demand in Downtown Lake Elsinore! 314 Acacia is a truly unique property offering character, flexibility, and exciting future potential.
Completely renovated approximately three years ago, the home features a newer roof and plumbing, in-unit laundry, beautifully resurfaced original hardwood floors, an updated kitchen and bathroom, and an extra-large finished basement/bonus space-ideal for a game room, home office, hobby space, or additional storage.
The property offers generous outdoor space with multiple tiered areas for gardening, patio and entertaining areas, and beautiful lake views. The size and layout of the property may also provide opportunities to expand the existing home or explore an ADU for additional living space, multigenerational living, or potential rental use. Buyer to independently verify all development, expansion, and ADU possibilities with the City.
Downtown Lake Elsinore continues to experience investment and planned development, with infrastructure improvements in the surrounding area, including sidewalks, curbs, and ongoing septic-to-sewer conversion.
Enjoy a front-row seat to local fireworks and events, with views from the home, bedroom windows, or outdoor patio/deck. Conveniently located near the lake, parks, Downtown Lake Elsinore, and Diamond Stadium.
A unique opportunity with substantial improvements already completed and plenty of possibilities still ahead. Don't miss 314 Acacia!
Full Property Details
Full Property Details for 314 Acacia
General
- Price: $475,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: OC26214443
- Updated: 10/2/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Basement, All Bedrooms Up, Living Room
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar, Breakfast Nook
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Closet
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Carport Spaces: 1
- Parking: Automatic Driveway Gate, Driveway Down Slope From Street, Paved, Driveway, RV Potential
Location
- County: Riverside
- Driving Directions: from old town on left hand side
School Information
- School District: Lake Elsinore Unified
Community
- Community Features: Curbs, Watersports, Biking, Hiking, Fishing, Foothills, Lake, Street Lights, Sidewalks, Park
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Type Unknown, Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: ground
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 1,150
- Sq. Ft. Source: Estimated
- Year Built: 1957
- Year Built Source: Public Records
Lot Features
- Property View: Lake, Panoramic
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size Source: Assessor
- Lot Description: Corner Lot, 0-1 Unit/Acre, Back Yard
Financial Considerations
- Price Per Sq. Ft.: $413.04
Disclosures and Reports
- Special Conditions: Standard
Listed by Lion Heart Realty, Justin Schaller
Get Pre-Approved Today
Schools
Schools serving 314 Acacia
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Railroad Canyon Elementary School 1300 Mill Street, Lake Elsinore, CA 92530 | K-5 | 0.8 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 1.2 mi |
Elsinore High School 21800 Canyon Drive, Wildomar, CA 92595 | 9-12 | 3.8 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 314 Acacia
Date
Details
Price
Change
Source
10/01/2026
Listed
$475,000
179.41%
MLS
6/17/2014
Sold
$170,000
—
Public Record
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
Tax History for 314 Acacia
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,228
—
$208,392
2%
2025
$2,228
5%
$204,307
2%
2024
$2,129
1%
$200,302
2%
2023
$2,103
2%
$196,375
2%
2022
$2,062
2%
$192,525
2%
2021
$2,023
1%
$188,751
1%
2020
$2,003
2%
$186,816
2%
2019
$1,965
2%
$183,154
2%
2018
$1,928
2%
$179,563
2%
2017
$1,891
4%
$176,043
2%
2016
$1,823
1%
$172,592
2%
2015
$1,802
-4%
$170,000
6%
2014
$1,886
132%
$161,000
118%
2013
$813
—
$74,000
—
Disclaimer: Historical tax 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 314 Acacia
314 Acacia, Lake Elsinore, CA 92530 (MLS# OC26214443) is a Single Family property with 2 bedrooms and 1 full bathroom. 314 Acacia is currently listed for $475,000 and was received on October 01, 2026. Want to learn more about 314 Acacia? Do you have questions about finding other Single 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.

